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50 Pfennig

Issuer Stadtgemeinde Freiburg im Breisgau
Year 1921
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse description The obverse is printed in black and olive-tan on white paper, with a dotted-border frame enclosing the entire composition. A Gothic-script banner across the top bears the issuer's name. The central vignette contains the denomination in large ornate Fraktur lettering reading 'Fünfzig Pfennig', above a serial number, with a left-hand panel carrying the redemption clause in Gothic script. To the right, a stamp-like vignette displays a heraldic eagle's head above the numeral '50'.
Obverse lettering Stadtgemeinde Freiburg i. Br.
Gutschein über
Fünfzig Pfennig
Rückzahlbar spätestens ein Monat nach erlossenem Aufruf
Freiburg i/Br. im September 1921.
Der Stadtrat:
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Comments

Freiburg's 1921 Notgeld emission falls squarely within the second wave of German municipal emergency currency — not the wartime shortages of 1914–18, but the post-Versailles inflation spiral that forced hundreds of towns to print their own fractional notes simply to keep local commerce moving. The Reichsbank could not supply small denominations fast enough as purchasing power collapsed.

The DeNG reference 382.1-5/6 indicates multiple varieties within the series, which is typical of Freiburg issues where paper stock and print run differences produced collectible sub-types — a feature that drove deliberate over-issuance by some municipalities hoping to profit from collector demand rather than genuine monetary need.

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