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50 Pfennig

Issuer Stadtgemeinde Bad Kösen (City of Bad Kösen)
Year 1921
Type Local banknote
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Obverse lettering 50 FÜNFZIG PFENNIG 50 Notgeld der Stadt Bad Kösen Bad Kösen, den 1.Juni 1921. Der Magistrat Die Stadtverordneten Dieser Schein verliert seine Gültigkeit einen Monat nach erfolgter Bekanntmachung. Pfennig Stadtgemeinde Bad Kösen Pfennig Otto Henning EG. Greiz
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Reverse lettering 50 Stadtgemeinde Bad Kösen 50 50 Pfennig Durch vier S ist Kösen weltbekannt: S.C., Salz, Sole, Saalestrand.
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Comments

Bad Kösen was a small spa town in Saxony-Anhalt, and like hundreds of German municipalities in 1921, it issued its own emergency currency — Notgeld — as the central supply of small-denomination coins collapsed under postwar inflation pressure. The Stadtgemeinde series was a practical stop-gap, not a commemorative vanity project, though the line between the two blurred quickly as local collectors began driving demand.

Otto Henning EG in Greiz was a regional cooperative printer responsible for a large volume of Thuringian Notgeld during this period. Their output is generally competent lithography, workmanlike rather than distinguished.

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