50 Pfennig

Eilenburg's municipal administration issued this notgeld during the prolonged small-change famine that followed the First World War — a period when hundreds of German towns printed their own fractional currency simply to keep commerce moving. The Magistrat notes were a practical stopgap, not a collector series, though the Liersch printing firm produced them competently.

The DeNG reference places this within a closely grouped sequence of six varieties, distinguished by serial combinations and signature pairings. Joßelian and Vockrodt were municipal signatories, almost certainly a financial officer and a mayor or deputy — the pairing is specific enough to date the note's authorization window fairly narrowly within 1921.