50 Pfennig

发行方	Stadt Waltershausen (City of Waltershausen)
年份
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面值	50 Pfennigs (50 Pfennige) (0.50)
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背面描述	Plain speckled paper ground with a bold header reading 'Notgeld-Schein Nr.' followed by a printed serial number at top. Large bold numerals '50' appear at lower left and right corners, each accompanied by 'Pfennig' below, with 'Fünfzig' and 'Pfennig' flanking the central vignette at upper register. The centre is occupied by a circular municipal seal of Waltershausen in light blue, bearing a mural-crowned civic coat of arms with three fir trees on a shield, encircled by the legend 'STADT WALTERSHAUSEN'.
背面铭文	Notgeld-Schein Nr. Fünfzig Pfennig 50 Pfennig STADT WALTERSHAUSEN
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备注	Waltershausen, a small Thuringian town best known as a center of doll and toy manufacturing, issued notgeld like hundreds of German municipalities during the post-WWI currency collapse. These municipal emergency notes filled the gap left by a shortage of small-denomination Reichsmark coinage — the metal had long since been pulled from circulation for war use, and the central banking system could not keep pace with demand for fractional currency at the local level. Thuringian notgeld from this period is common in collector markets, and Waltershausen's issues attract no particular premium above regional interest.

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