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| 背面描述 | Central circular vignette of the Marienberg Fortress in Würzburg, rendered in detailed letterpress, with crossed keys — the traditional symbol of St. Kilian — in the foreground on a ribbon. The denomination '50 Pfennig' appears in large Gothic numerals at upper left and upper right corners against a foliate oak-branch background. A fine geometric underprint covers the field, and the validity inscription 'Gültig bis 1.1.1920' is placed at lower right. The designer's signature 'Fr. Freidorf' appears at lower left. |
| 背面铭文 | Stadtmagistrat Würzburg 50 Pfennig Gültig bis 1.1.1920 |
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Würzburg's municipal authority issued this note under the emergency currency provisions that allowed German towns and cities to print their own small-denomination paper after the First World War stripped coin metal from circulation. The Universitätsdruckerei H. Stürtz AG, operating out of Würzburg itself, was primarily an academic press — printing Notgeld was a sideline that dozens of regional printers took on during this period simply because demand was immediate and the contracts were reliable.
By 1920, Bavarian municipal Notgeld was already being printed with an eye toward collectors as much as cashiers. Whether this issue crossed that line is worth considering before pricing it purely as circulated currency.