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50 Pfennig
| Issuer | Stadt Bitterfeld (City of Bitterfeld) |
|---|---|
| Year | 1921 |
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| Composition | Paper |
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| Obverse description | Two-colour letterpress vignette in brown and black showing an allegorical female figure in classical robes, arms raised, blowing a long herald's trumpet against a radiant sky, flanked by gnarled trees with figures clinging to the branches and an industrial townscape in the background. The heading panel at top reads GUTSCHEIN DER STADT BITTERFELD within a decorative border, while the lower panel carries the issue date 1. Dezember 1921, the serial number, the expiry notice Verfällt 1 Mon. n. Aufruf., and two manuscript signatures on behalf of Der Magistrat. Denomination tablets reading 50 PF appear at lower left and lower right, and the printer's imprint C. Schröter, Leipzig is printed below the lower frame. |
|---|---|
| Obverse lettering | GUTSCHEIN DER STADT BITTERFELD 50 PF Ausgabe: 1. Dezember 1921. Der Magistrat: Verfällt 1 Mon. n. Aufruf. C. Schröter, Leipzig |
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| Comments |
Bitterfeld's 1921 Notgeld issue belongs to the second wave of German municipal emergency currency — the so-called Serienscheine period, when towns increasingly treated small-denomination paper as a revenue source and collector vehicle rather than a pure circulation necessity. By 1921, the Reichsbank had eased the coin shortage that originally justified local issues, yet municipalities kept printing, partly because collectors would buy and hold them, meaning the issuer never had to redeem them.
C. Schröter of Leipzig handled a significant volume of Saxony-region Notgeld contracts during this period. Whether Bitterfeld's issue circulated meaningfully or went straight into envelopes is the more relevant question for condition assessment.