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50 Pfennig
| Issuer | Stadt Köln (City of Cologne) |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | 50 Pfennigs (50 Pfennige) (0.50) |
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| Composition | Log in to see details |
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| Obverse description | The obverse is printed in black and red on grey paper, with a central cartouche framed by ornate guilloche scrollwork and a dotted red border. Within the cartouche, the denomination '50 Pfennig' is typeset in bold red Gothic lettering beneath the issuer inscription 'Stadt Köln / Gutschein über', with a serial number printed in black below. To the lower left, the circular municipal seal of Cologne bears a double-headed eagle, and four red corner medallions each carry the numeral '50'; at the foot of the cartouche, three lines of text specify the legal tender clause, expiry date, and place and date of issue, followed by the facsimile signature of the Lord Mayor. |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | Stadt Köln 50 Pfennig 1922 50 Pfennig |
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| Comments |
Cologne's postwar Kleingeldersatz program produced hundreds of Notgeld denominations, but the Stadt Köln issues of 1922 sit at the tail end of the small-change emergency period — by this point the Weimar inflation was accelerating fast enough that 50 Pfennig notes were becoming economically pointless almost as soon as they were printed. J. P. Bachem was a well-established Cologne Catholic publisher and printer, not a specialist currency house, which accounts for the slightly commercial character of the printing relative to Reichsdruckerei-produced issues.