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| 正面描述 | The upper register carries a decorative letterpress header in Fraktur script reading 'Notgeld der Stadt Lobeda' flanked by floral vignettes, with the denomination '50 Pfennige' in red at upper right and a validity notice at upper left. The central vignette presents a colour lithograph of the Saale river valley at Körschau, with a multi-arch stone bridge crossed by a horse-drawn carriage, trees, and village rooftops in the background; two full-length figures in period dress flank the scene as lateral borders. A decorative lower band with scroll ornaments bears the inscription 'Im Tale die Saale', with the printer's imprint 'Druck: Johannes Arndt-Jena' below. |
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| 正面铭文 | Notgeld der Stadt Lobeda Gültig bis drei Monate nach Aufruf Lobeda, 1921. Der Gem. Vorst.: [signatures] Im Tale die Saale 50 Pfennige Druck: Johannes Arndt-Jena |
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Lobeda was an independent municipality east of Jena until its incorporation into the city in 1923 — just two years after this note was issued. The Notgeld it produced reflects the broader wave of municipal small-change notes that flooded Germany between 1920 and 1922 as coin shortages, driven by wartime metal requisitions and postwar hoarding, left ordinary commercial transactions grinding to a halt. Hundreds of Thuringian towns ran the same calculation: commission a local printer, issue a short run, redeem within months.
The Arndt press was a natural choice — Jena-based, close enough to keep costs down.