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50 Pfennig

Issuer Kreis Liebenwerda (District of Liebenwerda)
Year
Type Local banknote
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Reverse description The reverse is printed in reddish-brown and black on a plain ground with a bold hatched outer border. A central oval vignette, framed by a denticulated cartouche with cloud-like lobes at each corner, presents a detailed silhouette-style view of the Kreishaus Liebenwerda, a Neo-Renaissance administrative building with a central clock tower. The numeral '50' appears in large bold type at each of the four corners, and the caption 'Kreishaus Liebenwerda' is inscribed in small Gothic script beneath the vignette.
Reverse lettering 50
Kreishaus Liebenwerda
50
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Comments

Kreis Liebenwerda was a rural administrative district in the Prussian Province of Saxony, and like hundreds of similar German municipalities, it issued its own emergency paper currency — Notgeld — during the severe coin shortage that followed the First World War. The 50 Pfennig denomination was among the most commonly produced values in these local series, serving everyday small transactions when metal coinage had effectively disappeared from circulation.

District-level Notgeld was redeemable only within the issuing jurisdiction, which kept most pieces local and often led to mass redemption and destruction once the crisis eased — a fact that cuts both ways for surviving examples.

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