50 Pfennig

Frose is a small village in the Harz foothills of Saxony-Anhalt, and like hundreds of similarly obscure German municipalities in 1921, it issued emergency Kleingeld to plug the chronic small-denomination coin shortage left by wartime metal requisitioning and postwar hoarding. This note belongs to the broader Notgeld phenomenon — not the hyperinflation emergency of 1922–23, but the earlier, calmer phase when local authorities were still printing collectible series for philatelic sale as much as genuine circulation.

Louis Koch of Halberstadt was a regional commercial printer handling Notgeld contracts for several small Harz-area communities during this period. The designer credit to W. Dockhorn is uncommon enough to suggest a local commission rather than a stock design.