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50 Pfennig

Issuer Gemeinde Rieder (Municipality of Rieder)
Year 1921
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Currency Mark (1914-1924)
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Obverse description The face presents a bold typographic and woodcut-style composition on a pale yellow ground. At upper left, the denomination '50' appears in large gothic numerals, flanked by the legend 'Pfennig Notgeld der Gemeinde Rieder / Ostharz' in decorative blackletter type, with a wavy-line guilloche band separating the two lines of text. A large ornamental initial 'R' in an intaglio-style woodcut vignette occupies the centre-left, beside which validity and issuing authority inscriptions are arranged in smaller gothic script.
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Reverse lettering Zudem von dem fürsten angesetzter gerichtstag erschienkuster nicht. Das kirchen buch erzahlt am tag petri und pauli. auff einen freitag ano 1554 Abends zu zehn schlegenist Drews Tüster mit einer Rot hiezu Reder. eingefallen hat Drews Francken und Hans Beechs und Bartholdmaus Oswald franchen son weg gefurt und xxi Pferde nut genome
(Translation: In addition, Kuster did not appear from the court date set for the prince. The church book tells on the day peter and paul. On a Friday, the year 1554 at ten in the evening, Drew's Tüster is cheating with a red Reder. Drews Francken and Hans Beechs and Bartholdmaus Oswald franchen son took off and only genome xxi horses)
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Comments

Rieder is a small village in the Harz region of Saxony-Anhalt, and like hundreds of similarly sized German municipalities in 1921, it issued Notgeld not out of any genuine coin shortage — that crisis had largely passed by then — but because the collector market had made small-denomination paper a minor revenue stream. Municipalities printed attractive local issues, sold them to dealers and hobbyists, and pocketed the seigniorage on notes that would never be redeemed.

The two varieties distinguished by the "a-b" suffix typically reflect minor text or color differences in the print run, a common feature of Harz-region Notgeld from this period.

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