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50 Pfennig
| Issuer | Stadt Greiz (City of Greiz, Thuringia) |
|---|---|
| Year | 1921 |
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| Composition | Paper |
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| Obverse description | Green-tinted notgeld with a central vignette of the Greiz town hall flanked by the city arms above, set within ornate scroll banners reading "Stadt" and "Greiz". Denomination "50" appears in bold oval cartouches at left and right, with the gutschein text and date "5. Sept. 1921" in the centre field over a fine guilloche underprint. A couplet runs along the top margin and an invalidation clause along the bottom. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Greiz was the former residence of the Reuss principality — one of the more obscure German dynasties, which had the peculiar habit of naming every male heir Heinrich, distinguished only by number. By 1921 the dynasty was gone, the inflation was accelerating, and the city was printing its own emergency money like hundreds of other German municipalities scrambling to cover the chronic small-denomination coin shortage.
Löffler & Co. was a local firm, which kept transport and procurement simple during a period when both were unreliable. The watermark security feature is notably conscientious for a notgeld issue of this type — many comparable municipal notes dispensed with it entirely.