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50 Pfennig

Issuer Stadt Neustadt am Rübenberge (City of Neustadt am Rübenberge)
Year 1921
Type Local banknote
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Obverse description Dark-ground Notgeld note printed in black and red, with a central diamond-shaped vignette enclosing a panoramic engraved view of Schloss Neustadt dated A.D. 1654, flanked on either side by circular medallions bearing the large red numeral '50'. Below the central vignette, the municipal coat of arms — a red-brick gate tower with a rampant lion — is rendered in color, while scrolling foliate ornaments fill the upper corners against the dark background. The lower panel carries the issuing authority text, the date of issue, and two handwritten magistrate signatures.
Obverse lettering Notgeld · Stadt · Neustadt a. Rbge · Schloß · A. D. 1654 · Dieser Gutschein verliert seine Gültigkeit am 1. Februar 1922. · Neustadt a. Rbge. 1. Mai 1921. · Der Magistrat:
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Comments

Neustadt am Rübenberge is a small town in the Hannover region, and this 50 Pfennig note is a product of the Kleingeldersatz emergency — the post-WWI coin shortage that pushed hundreds of German municipalities into issuing their own fractional paper currency. By 1921 the Reichsbank had largely stabilized coin supply, but many smaller localities continued issuing Notgeld well past necessity, partly because local printers and civic boosters had discovered collectors were buying them. Whether this example was genuinely spent at a market stall or printed primarily for the philatelic trade is a question the note itself cannot answer.

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