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| 正面描述 | The central vignette presents the heraldic arms of Osnabrück within a large circular guilloche border, flanked by two bearded male supporters rendered in a bold Art Nouveau lithographic style. The denomination '50' appears in ornate red numerals within sawtooth-edged roundels at left and right, set against intricately patterned corner panels in blue, red, and gold. A circular text band carries the issuing authority and redemption conditions in Gothic script, with the date July 1921 and the magistrate's signature clause inscribed below the coat of arms. |
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| 正面铭文 | Stadt Osnabrück Dieser Gutschein wird durch die Stadthaupt-Kasse eingelöst Osnabrück, im Juli 1921 · Der Magistrat · Resolution Er wird ungültig einen Monat nach öffentlicher Ankündigung Druck: Gebrüder Jänecke, Hannover. |
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Osnabrück's 50 Pfennig notgeld was issued during the period when German municipal emergency currency had become less a necessity than a collector's market. By 1921 the original coin shortage that justified notgeld had largely passed, but cities quickly understood that philatelists and notgeld collectors would absorb entire print runs without the notes ever approaching a cash register. Gebrüder Jänecke in Hannover were among the more prolific regional printers serving this secondary market, producing competent lithographic work for dozens of Lower Saxony municipalities.
The reference suffix range .1-5/13 suggests at least five design variants within this issue — a deliberate multiplier for the collector trade.