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50 Pfennig

Issuer Gatersleben, Municipality of
Year 1921
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Obverse description Notgeld vignette in a folk-art letterpress style, centred on a rural farmstead scene in which two women in traditional dress stand before a half-timbered house while sheep-shearing figures appear in the foreground. The denomination numeral '50' is printed in large Gothic script at upper left and upper right flanking the town name 'Gatersleben'. Two columns of rhyming text in Fraktur script occupy the left and right fields, with the validity clause and issuing authority signature of the Gemeindevorstand below, dated 30 July 1921.
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Reverse lettering Die heutige Zeit passt wundersam für Bubenstreich u. Glossenkram. Noch eh' der Hahn zu krähn begann
Konzert
Kurszettel
New York 170,82
Holland 5894,10
Schweiz 3166,90
London 676,30
Paris 1238,75
Warschau 3,19
malt Max auf Tor und Wände an. In Michels-Hof-Musik erklingt; man lauscht, wenn die Valuta singt.
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Comments

Gatersleben is a small agricultural village in the Harz foothills, and its decision to issue notgeld in 1921 reflects how thoroughly the postwar small-change shortage had penetrated even minor rural communes. By that point the German notgeld boom was well past its emergency phase and well into its collector-driven second act — many municipalities were printing series specifically to sell to hobbyists, generating municipal revenue in the process.

Louis Koch of Halberstadt handled a significant volume of local Saxony-Anhalt notgeld work during this period. W. Dockhorn's designer credit is uncommon enough to note.

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