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50 Pfennig

Issuer Stadt Mainz (City of Mainz)
Year 1921
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse description Central vignette of Mainz Cathedral rendered in a fine linear engraved style, with the municipal arms of Mainz positioned in association with the cathedral motif. The denomination '50 Pf.' appears alongside the issuing authority inscription, dated 1 January 1921, over the signature block of the Oberbürgermeister of the City of Mainz.
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Reverse lettering 50 Pf / Notgeld der Stadt Mainz / 50 Pf Neuer Brunnen / Marktbrunnen / Gutenberg Denkmal
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Comments

Mainz issued its own emergency paper in the early 1920s not simply because of postwar inflation but because Allied occupation had complicated normal currency flows — French and Belgian troops controlled the Rhineland bridgehead, and coin shortages were severe enough that municipal authorities across the occupied zone turned to locally printed Notgeld to keep daily commerce moving. The Stadt Mainz series belongs to that specific administrative moment, not the broader hyperinflation that peaked later in 1923.

Grabosch reference 860.1 distinguishes this from later printings in the series. Collectors should note that Mainz Notgeld from this period occasionally surfaces with slight tonal variations attributable to inconsistent paper stock — a known feature of local municipal print runs, not a sign of forgery.

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