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50 Pfennig Bankverein
| Issuer | Bankverein Putlitz e.G.m.b.H. |
|---|---|
| Year | 1920 |
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| Printer | Selmar Bayer, Berlin, Germany |
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| Obverse description | Pink guilloche underprint on cream paper with ornate scalloped border. Issuer name in Gothic blackletter at top, denomination numerals '50' flanking central text in Fraktur script. Date, validity clause, and three manuscript signatures of the Vorstand (board) at lower centre and right. |
|---|---|
| Obverse lettering | Bankverein Putlitz e. G. m. b. H. Anweisung auf den Bankverein Putlitz für 50 Pfg "Fünfzig Pfennig" Putlitz, den 20. Oktbr. 1920. Der Vorstand: Gültig bis 1. Jan. 1922. SELMAR BAYER. BERLIN SO 36. |
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| Comments |
Bankverein Putlitz was a small cooperative credit institution — the "e.G.m.b.H." designation marks it as a registered cooperative with limited liability — issuing this note during the acute small-change shortage that followed Germany's post-WWI economic dislocation. Municipal and cooperative Notgeld of this type proliferated in 1920 precisely because Reichsbank coin had been hoarded or melted, and no central authority was moving fast enough to fill the gap.
Selmar Bayer operated out of Berlin SO 36, the Schlesisches Tor district, and handled both design and printing — a small commercial press taking on Notgeld work that larger firms were too busy or too selective to accept.