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| 正面铭文 | Rolandstadt Belgern a. E. 50 50 Fünfzig Pfennig Die Gültigkeit erlischt 3 Monate nach öffentlichem Aufruf. Belgern d. 1. Nov. 1921 Der Magistrat Lederbogen LOUIS KOCH - HALBERSTADT. |
| 背面描述 | The entire face of the reverse is occupied by a large scenic vignette reproduced in monochrome letterpress after a painting by Adalbert von Roessler, showing Frederick the Great on horseback at the Marktplatz in Belgern at the opening of the Seven Years' War, with a crowd of soldiers and townspeople gathered before the town hall. A caption banner at the top credits the source painting, and a descriptive legend runs along the lower edge of the vignette. The bottom panel carries the city name in bold Gothic lettering within a decorative scroll border. |
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Belgern, a small town on the Elbe in Saxony, issued this note as part of the broader Notgeld phenomenon that flooded Germany with locally printed emergency currency following the postwar coin shortage. Louis Koch of Halberstadt was a regional commercial printer, not a specialist banknote firm, and the output reflects that — these notes were functional stopgaps, produced in short runs to keep local trade moving during a period when the Reichsbank simply could not supply enough small-denomination coin.
The single signatory, Lederbogen, was almost certainly the sitting Bürgermeister or a senior municipal official. Most Belgern Notgeld circulated briefly and was redeemed within months, which is why intact examples in any condition are modestly scarce today.