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50 Pfennig

Issuer Magistrat der Stadt Quedlinburg
Year 1921
Type Local banknote
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Obverse description The left half of the note carries a coloured vignette of the Renaissance portal of the Quedlinburg Rathaus (Town Hall), captioned 'Rathaus Portal' at the top, with the city arms visible at lower left amid foliage. The right half is printed on a stippled ochre underprint and bears the issuer's title 'Gutschein der Stadt Quedlinburg' in bold blackletter script, with the denomination '50 Pfennig' set in a prominent black cartouche at centre. Validity and place-date inscriptions read 'Gültig bis zum 31. Dez. 1924' and 'Quedlinburg, d. 1. Juni 1921', with two manuscript signatures below the designation 'Der Magistrat'.
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Reverse description The left panel presents an oval portrait vignette of the German poet Friedrich Gottlieb Klopstock in period dress, enclosed within a laurel wreath and double-ruled border, with the name 'F. G. Klopstock.' inscribed on a banner beneath. The right panel, set on an ochre stippled underprint, carries a multi-line quotation in blackletter from Klopstock's ode 'Mein Vaterland (1768)', attributed by name and title, flanking a black denomination cartouche reading '50 Pfennig'. The printer's imprint 'H. Meyerding Quedlinburg' appears at the lower right margin.
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Comments

Quedlinburg's municipal notgeld program was typical of the inflationary spiral hitting German local governments in 1921, when Reichsbank coin shortages forced hundreds of towns to print their own small-denomination paper. What distinguishes this particular issue is that H. Meyerding — the printer — was a local Quedlinburg firm, meaning the entire production chain, from commission to distribution, stayed within the town itself. That was not always the case; many municipalities farmed out notgeld production to Leipzig or Berlin printers.

Quedlinburg, as a former seat of the Ottonian dynasty and a town with genuine medieval prestige, produced notgeld that collectors pursued even at the time of issue — the secondary market for "serienscheine" was already active by mid-1921.

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