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50 Pfennig Baden, French occupation

发行方 Land Baden
年份 1947
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货币 Reichsmark (1924-1948)
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正面描述 Orange-red note with an oval guilloche underprint at centre bearing the large numeral '50' above the denomination 'PFENNIG' in bold letterpress. The issuer inscription 'Land Baden 1947' runs across the top, with the 'Pf' monogram repeated in each corner. A serial number with letter prefix appears below the central vignette, and a two-line legal-tender clause is printed along the lower margin.
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背面铭文 50 PF. 50 PFENNIG 50 PFENNIG Gültig bis zum Aufruf durch die Bad. Staatsschuldenverwaltung. Fälschung wird strafgerichtlich verfolgt.
(Translation: Valid until called by the Baden state debt management. Counterfeiting will be prosecuted in criminal court.)
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Land Baden was one of three reconstituted German states carved out of the French occupation zone after 1945, and its administrative currency issues operated entirely outside the Reichsbank structure that had collapsed with the regime. This 50 Pfennig note predates the June 1948 Deutsche Mark reform by roughly a year, placing it in the awkward interregnum when Allied-zone authorities needed functional small change but had no unified monetary authority to supply it.

French zone Länder scrip of this period was produced under considerable material constraints — paper quality and printing standards varied noticeably across the series. Survivors in clean condition are less common than the issue volume might suggest.

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