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50 Pfennig
| Issuer | Stadt Raguhn (City of Raguhn) |
|---|---|
| Year | 1921 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | J. A. Schwarz, Lindenberg im Allgäu |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Notgeld der Stadt Raguhn 50 Gültig bis 3 Monate nach erfolgter Bekanntmachung. Zahlstelle: Stadtkasse Raguhn der Magistrat: Der Stadtverord. Vorsteher: Ausgegeben im August 1921 DRUCK: J. A. SCHWARZ, LINDENBERG-ALLGÄU. |
| Reverse description | Central vignette of the ruins of Lippene castle, captioned 'RUINE LIPPENE' on a scroll beneath the image, rendered in green and earth tones with a radiating sky in the background. The denomination '50 PF.' appears in large figures within ornamental cartouches at left and right, set against a decorative border with corner ornaments in green and rust. Two rhyming couplets in Gothic blackletter script form the top and bottom inscriptions, lending a characteristic Notgeld literary character to the design. |
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| Comments |
Raguhn is a small industrial town on the Mulde river in Saxony-Anhalt, and like hundreds of German municipalities in 1921, it issued its own emergency currency — Notgeld — to compensate for the chronic shortage of small-denomination coins during the post-WWI inflation spiral. The designer credit to Georg Goldrein and the printing attribution to J. A. Schwarz of Lindenberg im Allgäu is characteristic of the period: many towns outsourced their Notgeld entirely to specialist printers who handled design, engraving, and production as a package.
By 1921, Notgeld had shifted from genuine necessity to a secondary market in collectibles — towns competed on design quality to drive philatelic sales, and print runs often far exceeded local circulation needs. The DeNG reference suffix ".1-11/12" suggests this is one of a numbered series within the Raguhn issue, likely comprising thematic vignettes across multiple values or dates.