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50 Pfennig

Issuer Gemeinde Braunlage (Municipality of Braunlage)
Year 1921
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse description Grey-toned notgeld voucher with a dark brown decorative border and scroll-style ribbon banners at top and bottom. At centre, the municipal coat of arms of Braunlage — a red shield surmounted by a crenellated mural crown and charged with a rearing white horse — is flanked by large red numeral '50' on each side, with the issuer inscription 'Gemeinde Braunlage' above and below the arms. A redemption text in Gothic script occupies the lower central field, accompanied by a serial number and the Bürgermeister's manuscript signature; the printer's imprint 'Louis Koch, Halberstadt' appears vertically along the right margin.
Obverse lettering Gutschein über 50 Pfennig
Gemeinde
Braunlage
Dieser Gutschein wird bis zum 31. Dezember 1921 von der Gemeinde Braunlage eingelöst
- Der Bürgermeister -
Braunlage im Harz.
LOUIS KOCH HALBERSTADT
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Comments

Braunlage is a small spa and resort town in the Harz mountains, and its 1921 Notgeld issue reflects the acute small-change shortage that forced thousands of German municipalities to print their own emergency currency during the inflationary spiral of the early Weimar period. Louis Koch of Halberstadt was a regional printer who handled a number of Harz-area Notgeld commissions during this window — competent work, not prestige engraving.

The DeNG reference suffix 1-3/3 indicates this is the third note in a three-piece set, a common Notgeld structure designed to encourage collectors to acquire complete runs rather than individual pieces — a marketing instinct that was, frankly, deliberate from the start.

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