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50 Pfennig
| Issuer | Der Magistrat der Stadt Cottbus |
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| Year | |
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| Composition | Log in to see details |
| Size | 70 × 40 mm |
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| Obverse description | Salmon-pink note with a dark brown letterpress border of interlocking geometric and wave patterns framing the entire design. The large numeral '50' and the word 'Pfennig' are printed in bold black type at centre, above a red serial number prefixed by 'No'; the city arms of Cottbus — an eagle displayed above a stylised gatehouse — appear in small vignettes at both left and right. Below, the issuing authority legend and a manuscript facsimile signature are printed in black. |
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| Obverse lettering | 50 Pfennig No 6·71800 Der Magistrat der Stadt Cottbus. |
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| Comments |
Cottbus municipal notgeld of this denomination belongs to the first wave of German city-issued emergency currency, a response to the Reichsbank's inability to supply adequate small change during the coin shortages of 1916–1917. The Magistrat — the city council itself, not a private issuer — bore direct liability for redemption, a legal exposure most municipalities resolved quickly once central supplies normalized.
At 70 × 40 mm, the format is among the smallest produced in this period, which contributed to heavy handling wear. Uncirculated survivors are disproportionately rare relative to issued quantities.