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50 Pfennig

Issuer Stadt Teterow (City of Teterow)
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Currency Mark (1914-1924)
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Reverse description Printed in lilac-grey and orange, the reverse centres on a vignette of an ornate fountain surmounted by a standing figure, set against an arched orange underprint radiating from the central image. The denomination '50' appears in large bold numerals at the upper left and upper right corners, with the inscription 'PFENNIG' running vertically along each lateral margin. A decorative banner at the foot of the note bears the legend 'REUTERGELD STADT TETEROW' in stylised letterpress type.
Reverse lettering 50 50
PFENNIG PFENNIG
REUTERGELD STADT TETEROW
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Comments

Teterow is a small market town in Mecklenburg, and like hundreds of German municipalities it issued its own emergency paper money — Notgeld — during the acute coin shortage that followed the First World War. The Stadt Teterow notes were a local administrative response to a national problem: the disappearance of low-denomination metal coinage from circulation as hoarding and metal requisitioning gutted the everyday money supply.

The P#GRM reference places this within the vast Grabowski-Mehl Notgeld catalogue, the standard reference for German municipal emergency issues. Series suffix variants (.1-3/3) typically indicate color or text differences across the run rather than separate emission dates.

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