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50 Pfennig

Issuer Stendal, City of (Der Magistrat)
Year 1921
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Composition Paper
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Obverse description A bold black header band carries the Gothic-script legend 'Notgeld für Stendal i/s Altm.' with ornamental corner devices and a series letter at upper right; the municipal coat of arms — a quartered shield bearing an eagle and lozenges — occupies the centre against a guilloche underprint, flanked by the denomination numeral '50' in octagonal red cartouches. The lower portion presents the issuance text, a manuscript serial number, the date 'Stendal, d. 15. Juli 1921', the issuing authority 'Der Magistrat', and a manuscript signature. A silhouette vignette of the Stendal skyline with Gothic church spires runs across the bottom margin.
Obverse lettering Notgeld für Stendal i/s Altm.
50
Dieser Stadtkassenschein verliert seine Gültigkeit mit dem 31.12.21.
Verlängerung vorbehalten.
Stendal, d. 15. Juli 1921.
Der Magistrat.
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Comments

Stendal's 1921 Pfennig notgeld falls squarely into the second wave of German municipal emergency currency — issued not out of genuine crisis but because the collector market had made small-denomination paper profitable to print. By 1921, many German towns were producing notgeld with full knowledge that most would be bought by collectors and never redeemed, effectively generating revenue from philatelic demand rather than circulating need.

The DeNG reference suffix ".1-3/7" indicates this is one of several variants within the type — likely differentiated by reverse text, serial placement, or color run. Worth confirming which variant is in hand before cataloging further.

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