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50 Pfennig
| Issuer | Magistrat der Stadt Arnstadt |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | 50 Pfennigs (50 Pfennige) (0.50) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 50 NOTGELD 50 50 ARNSTADT 50 SPARE IN DER ZEIT SO HAST DU IN DER NOT |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Small circular embossed or printed official municipal seal of Arnstadt, positioned at center-left of the obverse. |
| Variants | Log in to see details |
| Comments |
Arnstadt's municipal administration issued this note during the Kleingeldersatz crisis of 1920, when a severe shortage of fractional coinage — driven by metal hoarding and wartime disruption — forced hundreds of German towns to print their own emergency currency. The Magistrat had legal authorization to do so under Weimar-era notgeld provisions, though the notes were theoretically redeemable on demand, a promise many small issuers struggled to honor.
The official seal served as the sole security feature, a thin line of authenticity for a note produced locally and accepted only within the town's own commerce.