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50 Pfennig

Issuer Stadt Naumburg an der Saale (City of Naumburg an der Saale)
Year 1920
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Printer A. Schwarz, Lindenberg im Allgäu
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Obverse lettering Ausgegeben i.J. 1920
Notgeld der Stadt Naumburg a Saale.
KENNT IHR NICHT DAS KIRSCHENFEST WO
MAN'S GELD IN ZEITEN ASS 4 FREIHEIT UND VIKTORIA
Dieser Gutschein wird an allen Städtischen Kassen in Zahlung genomen. Er verliert seine Gültigkeit 1 Monat nach erfolgter Bekanntmachung. Der Magistrat:
DRUCK A.SCHWARZ, LINDENBERG I.ALLGÄU
Reverse description The reverse is printed in black, olive-green, and red in a stark Expressionist silhouette style. A large central rectangular vignette on a dark background presents the black papercut-style silhouette of two adult figures and a small child set against a pale ground, with a stylised city skyline — including twin cathedral spires — visible at the base; flanking vertical panels carry gothic spire and plant motifs in olive-green. Denomination numerals '50' appear at upper left and upper right in red, with 'Pfg' in red at lower left and lower right. A red-bordered text panel below the vignette carries the verse inscription in Gothic script.
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Comments

Naumburg an der Saale was one of hundreds of German municipalities forced into emergency currency production after the postwar coin shortage gutted everyday commerce. This particular note was printed by A. Schwarz in Lindenberg im Allgäu — a small Bavarian town with no obvious financial or administrative connection to Naumburg in Saxony-Anhalt, reflecting how chaotic the Notgeld commissioning process actually was. Municipal authorities often contracted with whatever printer could deliver quickly and cheaply, regardless of geography.

1920 sits in the middle of the Notgeld wave, after the initial frantic issues of 1918–19 but before the hyperinflationary collapse that would make small-denomination scrip essentially worthless by 1923.

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