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50 Pfennig

Issuer City of Erfurt (Notgeld)
Year 1921
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Shape Rectangular
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Reverse description The reverse carries a powerful full-bleed Expressionist woodcut vignette in stark black and white, depicting a standing male figure looming over a kneeling or crouching woman in a posture of supplication or distress, rendered with angular, heavily contrasted linework characteristic of German Expressionism circa 1920. Gothic Fraktur text panels border the composition on the left and right margins, bearing a two-part verse inscription. The printer's imprint 'Otto Richters u. Co, Erfurt' is set in roman capitals along the lower margin.
Reverse lettering Doch so's will ich's haben: die Wahrheit und
Muss es ihm sollen: es so hälse kosten.
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Comments

Erfurt was unusually prolific in its Notgeld output, and this 50 Pfennig piece is among those produced during the municipality's peak issuing period of 1921, when the postal rate hikes and chronic small-change shortages kept local authorities printing well into the inflation's early phase. Two separate Erfurt printers — Alfred Hanf and Otto Richters & Co. — handled production, suggesting either a split print run or sequential contracts as demand outpaced a single shop's capacity.

Collector-driven "Serienscheine" demand was already distorting Notgeld economics by this point; many 1921 issues were printed knowing they'd never leave a collection envelope.

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