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50 Pfennig

Issuer Stadt Thale am Harz (City of Thale am Harz)
Year 1921
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse description The upper portion carries a red-and-black striped header panel with the Gothic-script legend 'Harzstadt Thale' flanking a central arched vignette containing the town coat of arms with a female figure and lion, inscribed 'Niemals zurück'. Flanking the central arch are two large black silhouetted devil figures in an expressionist woodcut style, with an owl perched at upper left and a frog at lower right, all set against an orange-tinted textured ground. The lower register bears the denomination '50 Pfennig' in octagonal cartouches at each corner, with the validity clause and the facsimile signature of the Bürgermeister printed in the centre.
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Reverse lettering Kurhaus Hüttenverwaltungs Gebäude
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Comments

Thale am Harz issued this 50 Pfennig note in 1921 as part of the vast Notgeld wave that swept German municipalities during the postwar inflation crisis. Local authorities, starved of small-denomination Reichsbank currency, turned to private printers to fill the gap — Louis Koch of Halberstadt being a regional workhorse for exactly this kind of contract, supplying notgeld to multiple Harz-area towns in quick succession.

The DeNG reference suffix "f" indicates a specific color or paper variant within the 1320.13 sequence, distinguishing it from sister issues that are otherwise typographically identical.

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