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50 Pfennig
| Issuer | Stadt Hamm (City of Hamm) |
|---|---|
| Year | 1920 |
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| Composition | Log in to see details |
| Size | 71 × 50 mm |
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| Obverse description | Multicolored notgeld note with the denomination and issuing authority of the City of Hamm rendered in letterpress. The design incorporates decorative borders and typographic elements typical of German municipal emergency currency of the early 1920s. Serial number and date of issue are printed in the lower field. |
|---|---|
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| Reverse lettering | Gutschein Stadt Hamm |
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| Comments |
Hamm's 1920 Notgeld issue belongs to the vast wave of municipal emergency currency that flooded Germany as small-denomination coins vanished from circulation — hoarded by a public that had learned to distrust paper. Thousands of German towns printed their own 50 Pfennig notes during this period, and Hamm's entry is among the more restrained: no elaborate collector series, no deliberately scarce "Serienscheine" variants produced to exploit the booming Notgeld collector trade that was already distorting the market by 1920.
The Reichsbank's eventual stabilization measures rendered these notes worthless within a few years of issue.