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50 Pfennig

Issuer Stadt Zerbst (Magistrat)
Year 1921
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse lettering 50 Pfg
Gutschein
Die Gültigkeit erlischt 3 Monate nach öffentlicher Aufkündigung
Zerbst, den 1. Juli 1921
Der Magistrat
LOUIS KOCH – HALBERSTADT
Reverse description The reverse is laid out in three vertical panels on cream paper printed in red, green, black, and ochre. The left and right panels each carry a colour vignette of the Akensches Tor (Aken Gate) of Zerbst as it appeared around 1750, labelled respectively 'Akensches Tor um 1750 innen' (inner view) and 'Akensches Tor um 1750 außen' (outer view), with the denomination '50' in red at the upper corners. The central panel, set against a dark background with an ochre cobblestone-pattern border, displays two nature vignettes: bean or pea foliage above and a bundle of root vegetables (sugar beets or parsnips) below, with a small Taurus zodiac symbol at the foot; the town name 'Zerbst' and regional designation 'i. Anhalt' appear in large Gothic lettering across the lower register.
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Comments

Zerbst, a small Anhalt town better known as the birthplace of Catherine the Great, was among hundreds of German municipalities forced into emergency currency production during the postwar inflation spiral. The Magistrat issued this Kleingeldschein to compensate for the chronic shortage of Reichsmünzen that had been hoarded or melted as metal values outpaced face values — a problem that hit smaller towns disproportionately hard, since they lacked the commercial banking infrastructure to manage substitutes efficiently.

Louis Koch of Halberstadt was a regional printer serving numerous Notgeld issuers across central Germany during this period, not a specialist security printer.

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