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50 Pfennig

Issuer Kreisausschuß Neuhaus an der Oste
Year 1921
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Reference(s) DeNG 1/2#0947.1-3/3
Obverse description Green-tinted note with a blue border, printed in black Gothic (Fraktur) letterpress. The denomination '50 Pfennig 50' appears in large bold type across the top, with the issuing authority legend 'Gutschein des Kreises Neuhaus' in the centre. Two heraldic shields are placed in the lower corners — at left, the Lower Saxony arms with a rampant white horse on red, and at right, a blue shield bearing a key. A central text box carries the validity clause and issuing authority statement dated February 1921.
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Reverse description Green-tinted note with a blue outer border and interior panel divisions printed in black. A central vignette occupies the middle field, depicting a stylised windmill flanked by two trees rendered in a bold, flat graphic style. Denomination numerals '50' appear in the upper-left and upper-right panels, with a further '50' in a lower central cartouche. Flanking panels carry a Low German dialect verse in Gothic script, split across four sections. The printer's imprint 'H. O. PERSIEHL, HAMBURG.' appears in small type at the lower margin.
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Comments

Neuhaus an der Oste is a small town on the lower Oste river in Lower Saxony, and this note belongs to the vast wave of municipal Notgeld that flooded Germany between 1920 and 1922 — a direct consequence of chronic small-denomination coin shortages that the Reichsbank simply could not address fast enough. District committees like the Kreisausschuß were empowered to fill the gap locally, contracting regional printers rather than waiting for central relief.

H. O. Persiehl was a Hamburg commercial printer active in this market, handling Notgeld commissions for numerous small issuers across northern Germany during the same period.

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