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50 Pfennig

Issuer Stadt Bad Oldesloe (City of Bad Oldesloe)
Year 1921
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Shape Rectangular
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Obverse description The obverse presents a vivid lithographic vignette of a moor landscape with a body of dark water in the foreground, dense tree foliage along the horizon, and a domed pavilion building visible to the right. A bold heading inscription in Gothic script curves along the upper edge. The denomination numeral "50" appears in large orange script to the right of centre, above the word "Pfennig" rendered in ornate, multicoloured Art Nouveau lettering. A serial number panel in black on a pale blue ground occupies the lower centre, with two lines of Gothic script text and facsimile signatures of municipal officials below.
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Reverse description The reverse is printed in a teal and orange colour scheme and carries a lively genre vignette of a traditional baking scene: a bearded baker tends a blazing wood-fired oven with a long-handled peel, while two women and a child hold loaves of bread. Two heraldic shields — one at the upper left and one at the upper right — flank a bold diagonal inscription in Gothic script. The denomination numeral "50" in large red characters appears at the upper right. A Low German proverb in two lines is set against an orange panel across the lower margin.
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Comments

Bad Oldesloe's 1921 Pfennig notgeld belongs to the second wave of German municipal emergency currency — issued not from the acute wartime shortages of 1914–18 but from the postwar coin hoarding crisis, when metal small change had effectively vanished from everyday transactions. Hundreds of German towns commissioned their own designs during this window, and the market for collectible notgeld had become self-aware by 1921; some municipalities were printing explicitly for philatelic sale rather than genuine circulation need.

O. Kurz is credited as designer, though the name appears across several Schleswig-Holstein issues from this period and may indicate a local commercial artist working to municipal commission rather than a dedicated printworks engraver.

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