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50 Pfennig
| Issuer | Spar- und Creditbank zu Parey a. Elbe |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Sonnen·Wende·1921 1914 Hindenburg 50 Parey a. d. Elbe 50 Pfennige W. Wackernagel, Magdeburg. |
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| Reverse lettering | Fünfzig Pfennig zahlt die Spar- und Creditbank zu Parey a. Elbe gegen Einlösung dieses Scheines bis zum 1. April 1922. Wenn ihr nicht findet den höchsten Gott, Werd't ihr der ganzen Welt zum Spott. – Was Blut und Eisen zusammen gebracht, Schweisst wieder zusammen Nur Schwertes Macht Ein Steinchen am Aufbau Bescheiden und klein Sind auch 50 Pfennig für diesen Schein. 50 Pfennig Ausgabe c. Nr. |
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| Comments |
Parey an der Elbe is a small town in Saxony-Anhalt, and its Spar- und Creditbank was precisely the kind of local savings and credit institution that proliferated across Weimar Germany when the postwar coin shortage made small-denomination currency a practical emergency rather than a banking policy. The 1921 Pfennig issues from hundreds of such institutions were collectively known as Kleingeldersatz — small change substitutes — and had no legal tender status beyond the issuing town's own commercial ecosystem.
W. Wackernagel in Magdeburg was a regional jobbing printer, not a specialist currency house, which is exactly what you'd expect at this tier of Notgeld production.