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50 Pfennig

Issuer Stadt Wismar (City of Wismar)
Year 1921
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Composition Paper
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Obverse description Salmon-pink note with a bold decorative border of fine dot-and-scroll work running the full perimeter. A large central vignette in the form of an arched cartouche carries the oversized numeral '50' above the denomination legend 'PFENNIG' in a ribbon banner; the cartouche ground is filled with fine line engraving. Arching above the cartouche, a curved inscription states the validity clause, while a Low German dialect verse in two lines occupies a scallop-edged panel below. At the foot, the issuing authority legend appears alongside three manuscript signatures of city council officials, with a faint watermark underprint of 'WISMAR STADT' visible across the salmon field.
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Protection description Watermark underprint reading 'WISMAR STADT' visible across the salmon-coloured paper ground
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Comments

Wismar's 1921 Notgeld issue belongs to the second wave of German municipal emergency money, by which point the Reichsbank had largely given up trying to suppress local issues and instead scrambled to regulate them. The city printed its own rather than sourcing from one of the major specialist houses — an unusual choice that accounts for the relatively rough typography seen across the series.

The watermarked paper was a deliberate anti-counterfeiting measure at a time when forgery of small-denomination Notgeld had become a genuine provincial problem, not merely a theoretical one.

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