50 Pfennig Bundestag des niedersächsischen Handwerkerbundes

The Niedersächsischer Handwerkerbund issued this note specifically for use at its Bundestag — the association's congress — rather than as a general emergency currency. This was a common but often overlooked subset of German Notgeld: event-specific scrip printed for a single gathering, intended to circulate within the venue and be redeemed immediately after. Meinders & Elstermann, a longstanding Osnabrück printer with deep roots in regional commercial printing, handled both the design and production locally.

The craftsmen's associations across Lower Saxony were under considerable financial pressure in 1921 as postwar inflation accelerated. Whether this scrip was ever fully redeemed is not documented.