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50 Pfennig
| Issuer | Stadtgemeinde Netzschkau |
|---|---|
| Year | 1919 |
| Type | Local banknote |
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|---|---|
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| Reverse lettering | No. 112899 Gültig nur im Stadtbezirk Netzschkau und nur bis 31. Dezember 1919. |
| Signature(s) | Thienemann |
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| Comments |
Netzschkau is a small textile-manufacturing town in the Vogtland region of Saxony, and this note belongs to the enormous wave of municipal Notgeld issued across Germany in 1919 as small-denomination coinage virtually vanished from circulation. Local governments, businesses, and even individual firms were legally permitted — and practically forced — to fill the gap themselves. The Stadtgemeinde's treasurer Thienemann signed off on the issue, a signature that doubled as both authorization and accountability in a system with almost no central oversight.
Vogtland Notgeld from this period is moderately common as a category but individual town issues vary sharply in survival rates, since most were redeemed and pulped once Reichsbank coin supplies normalized in the early 1920s.