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50 Pfennig

发行方 Stadt Königsberg in der Neumark (City Magistrate)
年份 1922
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货币 Mark (1914-1924)
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正面铭文 FÜNFZIG PFENNIGE
VERFÄLLT 3 MONATE NACH AUSSERKRAFTSETZUNG
DER MAGISTRAT
背面描述 Rose-red reverse executed in the same bold Expressionist woodcut idiom, with the central panel occupied by a close-up architectural vignette of a Gothic church tower and adjoining buildings rendered in strong orange and black. The denomination numeral '50' appears in each of the two flanking vertical panels, accompanied by a Pfennig symbol. A designer's monogram device is visible in the lower-right corner. The issuing legend 'GUTSCHEIN / STADT KÖNIGSBERG NEUMARK' is inscribed in decorative lettering across the lower margin.
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Königsberg in der Neumark — now Chojna, Poland — was one of hundreds of German municipalities that issued their own emergency currency during the hyperinflationary spiral of the early 1920s. This Notgeld note filled the vacuum left by the collapse of small-denomination Reichsmark coinage, which had been hoarded or melted as metal values overtook face values. The Stadt magistrate, not a bank, held issuing authority here — a distinction that mattered for redemption obligations, which many municipalities quietly ignored once the crisis passed.

Survival rates for 1922 town-issued Notgeld vary sharply; notes from smaller Prussian municipalities were often collected as novelty items rather than spent, which paradoxically inflated the number of uncirculated survivors.

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