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50 Pfennig

Issuer Stadtgemeinde Stuttgart (City of Stuttgart)
Year 1922
Type Standard circulation banknote
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Obverse lettering 50 Fünfzig Pfennig Stadtkassenschein Gültig bis 31. März 1924 Stuttgart, 21. März 1922 Oberbürgermeister Stadtgemeinde Stuttgart
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Reverse lettering Das Herrenhaus auf dem Marktplatz erbaut 1435 abgebrochen 1821
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Comments

Stuttgart's 1922 Pfennig notes were issued under the emergency currency provisions that allowed German municipalities to fill the void left by a central banking system visibly losing its grip on inflation. By mid-1922, the Reichsbank simply could not produce small-denomination notes fast enough to meet demand, and cities like Stuttgart stepped in with locally printed Notgeld to keep retail commerce functioning.

The elongated format — over three times as wide as it is tall — was common among Württemberg municipal issues of this period and allowed for more compact storage in cashier drawers handling high transaction volumes.

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