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50 Pfennig
| Issuer | Der Rat der Stadt Grabow |
|---|---|
| Year | |
| Type | Local banknote |
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|---|---|
| Obverse lettering | DIESER SCHEIN GILT NUR IM INNEREN STADTVERKEHR BIS ZUM 31. DEZ. 1921 50 Pf. DER RAT DER STADT GRABOW Bürgermeister Stadtsekretär |
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| Reverse lettering | 50 Pf. REUTERGELD DER STADT GRABOW |
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| Comments |
Grabow, a small town on the Elde in Mecklenburg, issued notgeld like hundreds of German municipalities during the post-WWI currency chaos. These local emergency issues were produced outside the Reichsbank system entirely, authorized at the municipal level when small-denomination coins simply disappeared from circulation — hoarded, melted, or never minted in sufficient quantity to meet daily demand.
The Rat der Stadt Grabow series is not among the heavily documented Mecklenburg issues, which makes provenance tracing difficult. Collector demand for small-town Mecklenburg notgeld has always been modest compared to the elaborately printed series from larger cities.