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50 Pfennig

Issuer Stadt Königswinter (City of Königswinter)
Year 1921
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Size 90 × 60 mm
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Obverse description The obverse is printed in blue and olive-green on cream paper, divided into three vertical panels. The central panel carries a scenic aerial vignette of the Rhine valley with the Drachenfels and Nonnenwerth island visible, captioned along the lower edge of the image. Below the vignette sits a cartouche with wavy borders containing the redemption text and the date of issue, with a handwritten signature at lower right; the serial number 1513 appears at lower left and the designer's name FRZT. KRINGS at lower right. The denomination "50 Pf" is rendered in large stylised numerals within the flanking olive side panels, and the town name KOENIGSWINTER is set in bold white letters across the full-width blue footer.
Obverse lettering 50 Pf
DRACHENFELS U. NONNENWERTH
DIESER GUTSCHEIN WIRD VON DER KÖNIGSWINTERER BANK U. DER HONNEFER VOLKSBANK EINGELÖST. ER VERFÄLLT EINEN MONAT NACH ÖFFENTL. ANZEIGE.
KÖNIGSWINTER D. 1. 11. 21.
KOENIGSWINTER
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Comments

Königswinter's 1921 Notgeld issue belongs to the second wave of German municipal emergency currency, by which point many towns had shifted from purely functional scrip to deliberately collectible designs — a small local revenue stream dressed up as civic pride. Fritz Krings, who designed several Rhineland Notgeld series during this period, brought a regional illustrative sensibility that made these notes attractive to the contemporary collector market almost immediately upon issue.

Genuine circulation use was often minimal. Many Notgeld issues of 1921 were printed in quantities far exceeding local transactional need, bought up by collectors and never returned for redemption — which is precisely why surviving examples in high grade are common and values remain modest.

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