50 Pfennig

The Vorschuß-Verein — literally a "advance credit association" — was a cooperative lending society of the type that proliferated across provincial Germany in the Weimar inflation years. When Reichsbank notes became functionally worthless by late 1923, thousands of local bodies issued their own Notgeld to keep small commerce moving. Neuhaus an der Elbe, a minor river town in Lower Saxony, was precisely the kind of community where the cooperative's scrip would have circulated within a tight geographic radius and been redeemed quickly — or not at all.

At 50 × 38 mm, this is among the smallest Notgeld formats documented for the period.