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50 Pfennig

发行方 Fürstenwalde an der Spree, City of
年份 1921
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印刷机构 J. Adolf Schwarz, Lindenberg im Allgäu
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正面描述 The central vignette presents the quartered civic arms of Fürstenwalde an der Spree — a heraldic shield divided into four fields bearing eagles in alternating black and red, surmounted by a mural crown and a spread black eagle, the whole rising from an oak tree with spreading roots. Two flanking circular medallions, each enclosed within a dotted wreath of oak leaves and stylised red blossoms, carry the denomination numerals "50 Pfg." in red at lower left and lower right, while the left medallion bears the legend "Gutschein der Stadt" and the right reads "Fürstenwalde Spree" in Gothic script on a dark ground. At the foot of the note, a rectangular text panel carries the redemption clause, the serial number, the year 1921, and two manuscript facsimile signatures above the printed authority line "Der Magistrat".
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背面铭文 Fünfzig Pfennig
~1413~
die Bürger von Fürstenwalde verteidigen sich gegen die Quitzows.
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Fürstenwalde an der Spree was one of thousands of German municipalities that issued Kleingeldersatz — small-change substitutes — during the acute coin shortage that followed World War One. By 1921 the problem had worsened considerably: hoarding, metal costs, and the early stages of inflationary disruption had stripped low-denomination coinage from everyday commerce almost entirely. Local governments printed their own solutions.

J. Adolf Schwarz in Lindenberg im Allgäu was a specialist in this trade, supplying Notgeld to municipalities across Germany from a town better known today for its hat industry. The physical distance between printer and issuer was unremarkable for the period — centralized printing was simply more economical than local production.

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