50 Pfennig

Kneitlingen is a small village in Lower Saxony best known as the purported birthplace of Till Eulenspiegel, the medieval trickster figure whose exploits were first published in 1510 and became one of the most widely reprinted works in German literary history. That local identity almost certainly drove the municipality to issue notgeld at all — the Eulenspiegel connection gave the series a folkloric marketing angle that many collectors actively sought during the notgeld collecting craze of the early 1920s.

The "Printed: 30.04.1945" field in the catalog data is almost certainly an error or data artifact — this is a 1921 notgeld issue, and German notgeld production had ceased decades before that date.