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50 Pfennig

Issuer Stadt Gollnow (City of Gollnow)
Year 1921
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Currency Mark (1914-1924)
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Obverse description The obverse is framed by an ornate foliate border enclosing six vignette panels; upper left shows a sheaf with a sickle, upper right a sailing vessel, lower left a hammer and tongs, lower right an axe with a log, and two flanking text blocks read the redemption notice. The central panel carries the large Gothic-script legend "Fünfzig Pfennig" with the place and date "Gollnow 1. Jan. 1921" and the issuing authority "Der Magistrat" below, accompanied by two facsimile signatures. The denomination "50" in large numerals flanked by the word "Pfennige" appears on both lateral bands, with the printer's imprint "H. Susenbeth Stettin" at the foot.
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Reverse description The reverse centres on a large vignette of the Gollnow town hall with the tall Gothic spire of the municipal church rising dramatically behind it, rendered in a fine letterpress line style against a light tonal underprint. The city arms — a heraldic shield bearing a lion over a boat on water — appear in oval cartouches at the upper left and right corners, each inscribed "Gollnow" below. The denomination "50" in bold numerals with "Pfennige" is repeated in the lower lateral panels, and the printer's imprint "H. Susenbeth. Stettin" appears at the foot margin.
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Gollnow — now Goleniów in northwestern Poland — was one of hundreds of small German municipalities that issued Notgeld during the early 1920s inflationary period, when the Reichsbank could not keep small denomination coinage in circulation fast enough to meet demand. H. Susenbeth of Stettin was a regional commercial printer, not a specialist security firm, which is exactly what you see in notes of this type: competent local printing without the intaglio work or watermarked stock associated with Reichsdruckerei output.

Stettin, as the Pomeranian provincial capital, served as the natural print hub for surrounding towns including Gollnow, roughly 25 kilometers to the northeast.

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