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50 Pfennig

Issuer Municipalities of Altenwerder and Finkenwärder
Year 1921
Type Local banknote
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Obverse description Yellow-ochre and violet Notgeld note with an ornate Art Nouveau-style vignette at upper centre, where the numeral '50' appears within a large circular cartouche framed by scrolling foliate ornaments. A violet ribbon banner below carries the issuing authority's name in bold Gothic script, beneath which a validity notice and the dual issue dates are printed in black. Four facsimile manuscript signatures of municipal officials appear at the foot, accompanied by their titles, with the printer's imprint along the bottom margin.
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Reverse lettering 50 Pfg.
50 Pfg.
"Nur kein Neid; Wer hat der hat!"
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Comments

Altenwerder and Finkenwärder were small agricultural and fishing communities on islands in the Elbe south of Hamburg, and in 1921 both were still independent municipalities — Altenwerder wouldn't be incorporated into Hamburg until 1927, Finkenwärder not until 1938. Their joint issuance of notgeld through Dr. Linnemann & Co in Cologne was a practical arrangement; small communities frequently pooled administrative costs for emergency currency runs rather than commission separate series.

The Linnemann imprint appears across dozens of Rhineland-area notgeld contracts from this period, making attribution straightforward when the printer's credit survives clearly.

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