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50 Pfennig

Issuer Stadt Glauchau (City of Glauchau)
Year 1921
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse description Green and red letterpress Notgeld note centred on a stylised vignette of the Glauchau town gate, rendered as a crenellated brick gatehouse with a portcullis and a windmill-cross finial atop the central tower. The municipal coat of arms — a diagonal red-and-white barred shield — appears upper left, flanked by a crescent moon upper right; denomination roundels reading '50' in red are positioned at each lateral tower base, each accompanied by a small owl motif. Two framed text panels occupy the lower flanks of the gatehouse, with a serial number and the date 'Glauchau, 1. Mai 1921' printed along the lower margin.
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Reverse lettering Ging des Hantags über Land
zu zween bauern wohlbekannt
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Comments

Glauchau's 1921 emergency issue belongs to the vast Notgeld wave that swept German municipalities after the Reichsbank's inability to supply adequate small-change coinage in the postwar inflation spiral. Cities, towns, and even individual businesses printed their own fractional notes by the thousands — Glauchau was one of hundreds in Saxony alone. The Ratsdruckerei R. Dulce was the city's own municipal press, meaning this note was produced entirely within local government infrastructure rather than contracted to a specialist printer.

That municipal origin makes quality variation between print runs common in the series.

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