50 Pfennig

Füssen's Stadtmagistrat issued this emergency Kleingeldschein during the acute coin shortage that gripped Germany through the middle war years, when Reichsbank metal was diverted entirely to the war effort and municipal authorities were left to plug the gap with locally authorized paper. Hundreds of German towns did the same, but Füssen's run is relatively modest in scope, which tends to keep surviving examples rarer than the better-known urban issues from Munich or Nuremberg.

The watermark is worth noting — many comparable Bavarian municipal issues of 1918 skipped security features entirely, printing on plain stock. Its presence here suggests the Stadtmagistrat used a pre-war paper supply or sourced from a commercial printer still holding secure stock late into the conflict.