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50 Pfennig

Issuer Stadt Löbejün (City of Löbejün)
Year 1921
Type Local banknote
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Obverse lettering Löbejüner Stadtgeld
Gutschein über
Fünfzig Pfennig
Löbejün, 25. Februar 1921
Auschweis
Bürgermeister Beigeordneter
Reverse description The reverse presents a humorous caricature vignette of a man in working clothes standing with hands on hips and empty pockets turned out, set against a lightly sketched townscape background. The denomination '50' appears in stylised numerals at left and right flanking the central figure, above which the issuer name 'LÖBEJÜNER' and 'STADTGELD' are printed in bold capitals. A serial number appears at lower left, with the cautionary legal text arranged in two columns below the figure.
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Comments

Löbejün was a small town in the Prussian Province of Saxony, and this note belongs to the vast wave of municipal Notgeld issued across Germany in 1921 as the postwar inflation made low-denomination Reichsmark coinage disappear from circulation almost entirely. Gebrüder Parcus of Munich handled enormous volumes of this work — the firm was one of the most active Notgeld printers of the period, producing issues for hundreds of municipalities simultaneously.

The DeNG reference suggests at least three varieties within this issue, likely distinguished by color or reverse text variants, which was common Parcus practice for small civic clients.

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