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50 Pfennig

Issuer Gemeindekasse Ilsenburg (Municipality of Ilsenburg)
Year 1917
Type Local banknote
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Obverse description Yellow-toned notgeld on plain paper with an overall guilloche underprint. The denomination 'Fünfzig 50 Pfennig' is set in bold letterpress at centre, surrounding a circular vignette bearing the legend 'GEMEINDEKASSE' and a small municipal coat of arms of Ilsenburg showing trees and a tower. Above, the title 'Gutschein' appears in bold with a red serial number to the right; below, a two-line redemption clause states the note will be honoured by the Gemeindekasse until 31 December 1920, with the issuing authority 'Der Gemeindevorstand' and a manuscript signature at lower right, dated Ilsenburg, den 29. Oktober 1917.
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Reverse description The reverse is unprinted, showing only the plain paper stock with text bleeding through from the obverse face, including the reversed impression of the serial number and principal legends visible in mirror image.
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Comments

Ilsenburg, a small town in the Harz district, issued this 50 Pfennig note in 1917 under the Gemeindekasse — the municipal treasury — as part of the enormous wave of Kleingeldersatz, or small-change substitution, that swept German towns and cities once the Reich's metal coinage disappeared from circulation in the early war years. The Imperial government had sanctioned local emergency issuance precisely because the central monetary system could not cope with the chronic shortage of fractional currency.

Ilsenburg's issue is among the more modest municipal efforts from the region — no elaborate multicolor printing, no resort to private printers with established banknote credentials.

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