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| 正面描述 | Brown-toned notgeld printed on cream paper with a diamond-pattern guilloche border framing the entire note. The central vignette presents a panoramic townscape of Hoym circa 1700, captioned on a scroll ribbon reading 'Das alte Hoym i. J. 1700', with a key to landmark buildings listed in a scroll cartouche at left and the municipal coat of arms at right. The denomination '50' appears in bold type at each corner, and the lower panel carries the voucher number line 'Gutschein No.' alongside validity and issuing authority inscriptions dated 17.5.1921, with the printer's imprint 'Louis Koch, Halberstadt' at the foot. |
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| 正面铭文 | Hoym i/Anhalt Das alte Hoym i. J. 1700 Gutschein No. Gültig bis 4 Wochen nach offend. Aufkündigung Hoym, d. 17.5. 1921 Der Magistrat LOUIS KOCH, HALBERSTADT 50 |
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Hoym is a small town in the Harz foothills, and this 50 Pfennig note is a product of the notgeld wave that swept German municipalities in 1921 as postwar inflation eroded the supply of small change. The Magistrat — the local town council — commissioned Louis Koch of Halberstadt, a regional printer with a substantial notgeld output during this period, rather than one of the major Leipzig or Berlin houses.
The DeNG reference places this within a numbered series for the issuer, suggesting multiple denominations or design variants were produced concurrently. Koch's notgeld work from Halberstadt tends to show competent but unelaborate printing, consistent with municipal budgets of the time.