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50 Pfennig
| Issuer | Raguhn, City of |
|---|---|
| Year | 1921 |
| Type | Log in to see details |
| Value | 50 Pfennigs (50 Pfennige) (0.50) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Notgeld der Stadt Raguhn 50 50 Gültig bis 3 Monate nach erfolgter Bekanntmachung. Zahlstelle: Stadtkasse Raguhn der Magistrat: Der Stadtverord.-Vorsteher: Ausgegeben im August 1921 DRUCK: J. A. SCHWARZ, LINDENBERG i. ALLGÄU. |
| Reverse description | A narrative illustration in a woodcut-inspired style occupies the central field, portraying a medieval punishment scene with several figures gathered around a bound captive on the ground near an open fire, with a gallows visible in the background and a town silhouette at right. The denomination '50 Pfg' is set in arched panels at both left and right margins. Two couplets in Gothic script are inscribed in decorated bands above and below the central vignette. |
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| Comments |
Raguhn is a small town on the Mulde river in Anhalt, and like hundreds of similar municipalities it resorted to emergency paper money — Notgeld — when postwar coin shortages made small change functionally impossible to obtain. The 1921 date places this squarely in the second wave of German municipal Notgeld, by which point many issuers had shifted from purely functional scrip toward artistically ambitious notes deliberately aimed at collectors, generating revenue in the process.
J. A. Schwarz of Lindenberg was a prolific Notgeld printer, and Georg Goldstein's involvement as designer suggests this was a commissioned series rather than a hurried clerical job. Whether Raguhn's issue crossed over fully into the "Serienscheine" collector market or remained primarily circulating scrip is the more interesting question — and the answer usually shows in how worn surviving examples are.