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50 Pfennig

Issuer Stadt Haltern (Magistrat)
Year 1921
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse description The obverse is divided into three vertical panels with a grey-toned letterpress underprint. The central vignette, set against a pale blue ground, presents a full-length Roman legionary in armour, helmet, and sandals, holding a spear and standing atop ceramic amphorae — a reference to the Roman military camp of Haltern. Denomination numerals '50' appear in each of the four corners in bold Gothic script, with two text cartouches carrying the validity clause on the left and the issuing authority and date on the right, the latter bearing a manuscript signature of the Magistrat.
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Reverse lettering Fünfzig-Pfennig
Lüso
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Comments

Haltern's municipal notgeld issue of 1921 falls squarely in the second wave of German small-denomination emergency currency, when the postwar coin shortage had become chronic enough that even mid-sized Westphalian towns were printing their own substitutes. The Magistrat — the municipal executive body — had the legal standing to authorize such issues, though the Reichsbank viewed the proliferation with increasing irritation.

Local printing was the norm for this tier of issue, which meant quality control varied enormously from town to town. Haltern's run was modest enough that surviving examples tend to show real handling wear rather than the artificially unissued condition that plagues collector-targeted notgeld from the same period.

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