50 Pfennig Eifelverein

The Eifelverein is a hiking and regional conservation association founded in 1888, still active today — an unusual issuer for notgeld, though dozens of civic organizations printed emergency small change during the hyperinflationary chaos of the early Weimar period. The Ortsgruppe Speicher covers the Speicher municipality in the Eifel region of Rhineland-Palatinate, a modest market town with no particular monetary history that would explain this issue beyond simple local necessity.

1921 places this squarely in the first wave of municipal and organizational notgeld, before the catastrophic inflation of 1923 rendered such denominations meaningless within months of printing.