50 Pfennig

Angerburg was a small administrative district in East Prussia — the kind of municipality that routinely issued its own emergency currency during the postwar inflationary period when Reichsbank notes of small denomination were either hoarded or simply unavailable. These Magistrat-issued Notgeld pieces filled genuine gaps in daily commerce, not as a speculative printing exercise but out of practical necessity.

Hartung & Co. in Hamburg handled a substantial volume of provincial Notgeld commissions in this period, and the designer credit to Hans Philipp is an unusually specific attribution for a local issue of this type.