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| 正面描述 | Green notgeld printed on plain paper with a guilloche-patterned underprint throughout. The central vignette presents a detailed letterpress view of Pretzsch castle complex set among trees, framed by an inner rectangular border with decorative acanthus scroll ornaments in the left and right margins. Below the vignette, the denomination appears in Gothic blackletter script as "Fünfzig Pfennig", followed by three lines of text in smaller Gothic type stating the issuing authority and validity conditions, with the date "Juli 1921" at lower left and a manuscript signature of the Magistrat at lower right. |
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| 背面铭文 | 50 Pfg NOTGELD DER STADT PRETZSCH P. a. ELBE. L. Buchdr. W. Höffler, Pretzsch/Elbe. |
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Pretzsch is a small town on the Elbe in Saxony-Anhalt, and this note is a product of the notgeld wave that swept German municipal authorities between 1919 and 1922 — a direct consequence of the Reichsbank's inability to supply adequate small-denomination coinage during the postwar economic chaos. The Stadtkasse, not a bank, issued this; the city treasury itself was the liable party, which was common for smaller municipalities that lacked a local savings institution with the standing to do so.
W. Höffler printing locally in Pretzsch is worth noting — many small-town notgeld was farmed out to larger printers in Leipzig or Berlin, so a genuinely local print run at this scale is less common than it might appear.