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50 Pfennig

Issuer Stadt Königswinter (City of Königswinter)
Year 1921
Type Local banknote
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Obverse description Notgeld issued in two-colour letterpress in violet and green. A central vignette occupies the upper half, presenting a landscape view of the Kurhotel auf dem Petersberg amid trees, with the caption KURHOTEL AUF D. PETERSBERG beneath. The denomination numeral 50 with the letter P appears in the upper left and right corners within violet panels. The lower portion carries a cartouche with the redemption text and the issuing city name KOENIGSWINTER in large bold capitals along the bottom margin; a serial number and the designer's name FRZ. J. KRINGS appear in the lower corners.
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Reverse description The reverse is printed in the same violet and green scheme, with two heraldic shields flanking a central ornate cartouche. The left shield displays the arms of Cologne (a cross with keys), while the right shield bears a black-and-white divided heraldic device; both shields are rendered in a stylised Art Nouveau manner. The central cartouche contains a two-stanza Rhineland poem attributed to Julius Inkermann, set in a gothic-influenced typeface within a decorative green foliate border.
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Comments

Königswinter notgeld from the 1921 small-change crisis — when coin metal shortages forced hundreds of German municipalities to print their own emergency fractional currency. The Stadt issued this 50 Pfennig piece as a purely local stopgap, valid only within the town limits and theoretically redeemable once federal coinage returned to circulation.

Frz. J. Krings as designer suggests a local commission rather than a standardized print run through one of the major notgeld printers. Many such hyperlocal pieces were produced in short runs and quickly became collector targets even during the period of issue, which complicated their actual use as circulating currency.

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