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50 Pfennig
| Issuer | Magistrat der Stadt Aschersleben |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Green and black bicolour reverse printed on a green guilloche underprint. The central vignette, set within an ornate cartouche of scrollwork and zigzag borders, presents a detailed view of Aschersleben's town hall with its prominent tower, flanked on each side by decorative cornucopia motifs filled with flowers. The date "1920" appears above the building, and a scroll ribbon below carries the town name in Gothic lettering. |
| Reverse lettering | 1920 Aschersleben |
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| Comments |
Aschersleben's 1920 Notgeld issues were part of the enormous wave of municipal emergency money that flooded Germany following the postwar coin shortage — Reichsbank policy had effectively starved local economies of small change, forcing hundreds of towns to print their own. The Magistrat here was one of thousands doing so under legal authorization extended in 1919 and again in 1920, though the program was controversial from the start, with the Reichsbank pushing repeatedly to shut it down.
The DeNG catalog suffix A29.7 suggests this is one of several distinct types within the Aschersleben 50 Pfennig group — collectors should verify the specific text panel and serial characteristics before attributing.