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50 Pfennig Edler and Krische
| Issuer | Edler & Krische, Hannover |
|---|---|
| Year | 1918 |
| Type | Local banknote |
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| Obverse description | Pinkish-rose notgeld coupon with a scalloped border and a faint architectural guilloche underprint at centre. The issuer's name 'Edler & Krische, Hannover' is set in bold Gothic blackletter at the top, separated from the body by a double rule. The denomination '50' in large bold numerals occupies the centre, flanked by the legend 'Gut für' to the left and 'Pfennig' to the right, with the place and date 'Hannover, den 1. September 1918' at lower left and the firm's authorisation 'ppa. Edler & Krische' with a handwritten red ink signature at lower right. |
|---|---|
| Obverse lettering | Edler & Krische, Hannover Gut für 50 Pfennig Hannover, den 1. September 1918 ppa. Edler & Krische |
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| Comments |
Edler & Krische was a Hannover-based manufacturer of printing inks and related chemical products — an industrial firm pressed into the role of currency issuer by the acute coin shortages of the First World War's final year. Germany's Notgeld system of 1914–1923 permitted municipalities, businesses, and institutions to issue their own small-denomination emergency notes when official coinage disappeared from circulation, hoarded or melted down faster than the Reichsbank could replace it.
A private company issuing its own fractional scrip to pay workers and facilitate local transactions was entirely legal under the arrangement, if administratively chaotic. Notes from commercial issuers like this one were typically redeemed quickly and discarded — survivors owe their existence largely to collectors who were already active in the Notgeld market before the war had even ended.