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50 Pfennig

Issuer Gera (Thuringia), City of
Year 1921
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Currency Mark (1914-1924)
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Reverse description Executed in an Expressionist graphic style in tones of green, black, and ochre, the reverse carries a vignette of two female figures against a stylised woven textile background rendered in bold diagonal hatching. A standing woman in traditional dress holds a distaff, while a second figure kneels at a spinning wheel beside her, alluding to Gera's historic textile industry. The denomination '50 PF' appears in large green numerals at lower right, with the motto 'REICH UND BLUEHEND' across the top and 'DURCH RASTLOSES WEBEN' along the bottom.
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Protection type Watermark
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Comments

Gera's 1921 Notgeld issue belongs to the wave of municipal emergency currency that flooded Germany as post-WWI coin shortages left small transactions impossible. The Thuringian city, like hundreds of others, printed its own fractional notes under implicit tolerance from the Reichsbank rather than any formal authorization — a makeshift system that worked until hyperinflation made the denominations meaningless anyway.

The watermarked paper distinguishes this from cheaper Notgeld struck on plain stock, suggesting the city used pre-sourced security paper rather than whatever was available locally.

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