50 Pfennig

发行方	Magistrat der Stadt Zerbst
年份	1921
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印刷机构	Louis Koch, Halberstadt, Germany
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正面铭文	50 Pfg Gutschein Die Gültigkeit erlischt 3 Monate nach öffentlicher Aufkündigung Zerbst den 1. Juli 1921. Der Magistrat LOUIS KOCH - HALBERSTADT.
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背面铭文	50 Heidetor innen um 1750 50 Heidetor außen um 1750 Zerbst i. Anhalt LOUIS KOCH - HALBERSTADT.
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备注	Zerbst, a small Anhalt town best known as the birthplace of Catherine the Great, issued this Notgeld note during the acute coin shortage that followed Germany's postwar economic dislocation. Municipal authorities across the country were printing their own fractional currency by 1921, and the Magistrat der Stadt Zerbst was no exception — thousands of such local issues appeared between 1919 and 1922, most redeemed and destroyed within months. Louis Koch of Halberstadt was a regional printer responsible for a significant number of Anhalt-area Notgeld issues, which gives this piece a certain provincial coherence. The 1469.2A series reference suggests multiple distinct printings within a single issuing run.

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