50 Pfennig

发行方	Stadt Coblenz (City of Koblenz)
年份	1921
类型	Local banknote
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正面铭文	STADT COBLENZ 50 PFENNIG NOTGELD Dieser Gutschein verliert seine Gültigkeit 3 Monate nach erfolgter Aufkündigung in den Coblenzer Tageszeitungen. Coblenz, 1. Mai 1921. Der Oberbürgermeister. DRUCK · SCHWARZ, LINDENBERG/ALLGÄU
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背面铭文	STADT COBLENZ 50 NOTGELD
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备注	Koblenz issued this 50 Pfennig note as part of the sprawling Notgeld phenomenon that swept German municipalities between 1919 and 1922, when chronic coin shortages — worsened by hyperinflationary pressures and hoarding — forced cities and towns to print their own emergency small change. The Bavarian printer J. Adolf Schwarz in Lindenberg im Allgäu was among the specialist printers who took on enormous volumes of these municipal commissions, supplying issuers hundreds of kilometers away. Koblenz was under French occupation at the time of issue, a condition that lasted from 1918 to 1930 under the terms of the Versailles Treaty. The city printed its own Notgeld regardless — French occupation authorities did not prohibit it.

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