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50 Pfennig
| Issuer | Gemeinde Schwarza an der Saale (Thuringia) |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Green and black reverse with a decorative foliate border enclosing three horizontal vignettes: at left, a woman and a craftsman at work before industrial buildings; at centre, a line-engraved view of the Schwarza church tower with surrounding townscape; at right, a male figure broadcasting seed in a field. The denomination '50 PFENNIG' appears in bold at both upper corners, a banner at the top carries the legend 'NOTGELD', and a ribbon at the foot bears the inscription 'der Gemeinde Schwarza'. |
| Reverse lettering | 50 PFENNIG NOTGELD der Gemeinde Schwarza |
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| Comments |
Schwarza an der Saale was a small industrial town in Thuringia whose notgeld issues from 1921 reflect the acute small-change shortage that followed Germany's post-WWI monetary dislocation. Municipal and local-authority pfennig notes flooded the country during this period precisely because the Reichsbank couldn't keep fractional coinage in circulation fast enough — metal kept disappearing into hoarding and export.
Gemeinde-issued notgeld at this denomination was legally tolerated but technically unauthorized scrip, redeemable only locally and often printed in very short runs. Schwarza's issues are among the less-documented Thuringian pieces, which makes precise print quantities difficult to establish.