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| 正面描述 | The obverse carries a dynamic woodcut-style vignette in black and red on a tan ground, with a mounted armoured knight charging over fallen figures — an allusion to the suppression of the Peasants' War (Bauernkrieg) of 1523–1525. To the right, a subsidiary panel in black-line engraving shows a standing pikeman beside a prostrate lion, accompanied by the inscription 'Mühlhausen in Thüringen und der Bauernkrieg 1523–1525'. The denomination '50 Pfennig', date 'Mühlhausen i.Th., 1 Oktb. 1921', and the issuing authority 'Der Magistrat' with two facsimile signatures appear in the upper central field, while the border carries the redemption legend in rotated Gothic script; the printer's imprint 'PAUL FISCHER, MÜHLHAUSEN i.TH.' appears in the lower margin. |
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| 背面描述 | The reverse presents a bold woodcut-style vignette in black on tan, illustrating a scene from the aftermath of the Peasants' War: a group of women and maidens kneeling in supplication before armoured princes and their men-at-arms, rendered in a stark expressionist line technique signed 'K.U.' in the lower left corner. The denomination '50 Pfg.' is printed in large red numerals at the upper right within a ruled panel, with the series letter 'E' in a circle beneath it; to the right, a text panel in Gothic script recounts the historical episode of the 2,000 women of Mühlhausen who pleaded in vain for mercy. The border is formed by a scalloped black rule. |
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Mühlhausen carries particular weight in the Thomas Müntzer story — it was here that the radical theologian established his short-lived theocratic commune in 1525, and here that he was captured after the disastrous Battle of Frankenhausen before his execution. The city leaned into that history hard with the Bauernkrieg series, commissioning local designer K. Ullrich and printing the notes through Paul Fischer, also Mühlhausen-based, giving the issue an unusually self-contained local production chain.
The "E" designation identifies this as one note within a lettered series — Mühlhausen issued multiple Bauernkrieg notgeld denominations and variants across 1921, some more common than others depending on print run and redemption rates.