50 Pfennig

Laupheim's 1917 Kleingeldschein belongs to the first wave of municipal emergency money issued across Württemberg when wartime hoarding stripped small coinage from daily use almost entirely. The Reich's response — authorizing towns and cities to print their own fractional notes — produced thousands of locally distinct pieces, but Stähle & Friedel in Stuttgart handled a disproportionate share of the Württemberg commissions, giving many south German Notgeld issues a recognizable house style underneath their municipal variations.

Laupheim itself had a Jewish community of some historical significance — one of the oldest and largest in Württemberg — though that civic identity left no particular mark on the note's design or issue rationale.