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50 Pfennig

Issuer Magistrat der Stadt Erfurt
Year 1921
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Currency Mark (1914-1924)
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Reverse description Green and dark brown letterpress note printed by Otto Richters & Co., Erfurt. The central vignette, executed in a bold Expressionist woodcut style, shows a robed figure reading from an open book, with stylised rays of light emanating from the upper right. Vertical Gothic blackletter text panels flank the scene on both sides, carrying a two-part poetic inscription. The printer's imprint 'OTTO RICHTERS U. CO, ERFURT.' appears in small capitals along the lower margin.
Reverse lettering Das ewige Licht geht da herein
leuchtet wohl müsten gänder Nacht
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Comments

Erfurt's municipal 50 Pfennig notgeld from 1921 sits in the tail end of Germany's first wave of inflation-driven emergency coinage — by this point, hundreds of German cities were printing their own fractional currency to plug the gap left by a chronic shortage of small-denomination Reichsmünzen. What distinguishes the Erfurt civic issues is the split printing arrangement: Alfred Hanf handled one portion of the run while Otto Richters & Co. handled another, both operating locally, which accounts for subtle typographical differences collectors use to distinguish the varieties catalogued under this reference.

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