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50 Pfennig
| Issuer | Stadt Zell im Wiesental (City of Zell im Wiesental) |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Stadt Zell i/W Fünfzig Pfennig Zell, 1. Okt. 1921 Gemeinderat: Gültig bis 1. Monat nach Aufruf in der Oberländer Tagespost |
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| Reverse lettering | 50 Stadt Zell i.W. 50 |
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| Comments |
Zell im Wiesental is a small industrial town in the Black Forest, and like thousands of German municipalities in 1921, it issued its own emergency fractional currency — Kleingeldscheine — to compensate for the chronic shortage of coin that had persisted since the war. The Reichsbank simply could not produce enough small-denomination metal currency to keep local commerce moving, and towns were legally permitted to fill the gap themselves.
The GRM reference places this within the Grabowski-Mehl Notgeld catalog, which documented the staggering volume of municipal issues from this period. Many were printed in short runs by local job printers with no particular care for longevity.