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50 Pfennig

Issuer Stadtrat Kahla (Thuringia), City of
Year 1921
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse description The obverse is printed in olive-grey and gold tones on cream paper, with a decorative chain-link border framing the entire note. A large guilloche-filled numeral '50' dominates the upper centre, below which the denomination 'PFENNIGE' is set in bold black letterpress. The word 'GUTSCHEIN' appears in large golden letters across the middle, with the issuing authority 'DER STADT KAHLA S-A' and 'DER STADTRAT' inscribed beneath, followed by two manuscript signatures. The issue date 'Ausgegeben 15. August 1921' and expiry date 'Verfalltag 31. Dezember 21' are printed along the lower margin.
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Reverse description The reverse is printed in green, red, and black on cream paper, with a coloured vignette of a hilltop townscape — a church tower and red-roofed buildings set amid stylised foliage — occupying the upper portion against a stippled sky with circular cloud motifs. Below the vignette, a large red numeral '50' flanked by the bold black legend 'GUTSCHEIN DER STADT / KAHLA S-A' identifies the issuer and denomination. At the foot of the note, a cream panel carries a two-line motto in red letterpress.
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Comments

Kahla is a small porcelain-manufacturing town on the Saale River, and its 1921 Notgeld issues reflect the hyperinflationary pressure already building across Weimar Germany well before the catastrophic collapse of 1923. Municipal and civic bodies across Thuringia issued small-denomination emergency scrip during this period because the Reichsbank simply could not supply adequate coin and low-value paper fast enough to meet local demand.

The print date of 30 April 1945 recorded here almost certainly refers to a catalog or accession date — the note itself belongs to the 1921 Notgeld series and was not in production during the final days of the Third Reich.

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