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50 Pfennig Humboldt Series - Issue 2

Issuer Municipality of Schwarzburg, Thuringia
Year 1922
Type Local banknote
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Obverse description The obverse is printed in blue, black, and yellow-green on a light blue ground. A large double-headed eagle vignette, rendered in an Expressionist woodcut style, occupies the central field, with decorative sword motifs in Art Nouveau panels flanking it on either side. The lower register carries the denomination numeral '50' at each corner, the validity date, place of issue, and a facsimile signature above the legend 'Der Gemeindevorstand'; the issuer's title appears in blackletter script within a yellow-green banner across the top.
Obverse lettering Notgeld von Schwarzburg im Thür. Wald
Gültig bis 31. August 1922
Schwarzburg 1. März 1922
Der Gemeindevorstand
50
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Comments

Schwarzburg notgeld was issued by the municipality sitting at the base of the Schwarzburg castle complex in the Thuringian highlands — a small community that nonetheless produced some of the more carefully printed emergency currency of the 1921–22 inflationary wave. The Humboldt Series is named for Alexander von Humboldt, whose connection to Thuringia is tenuous at best, suggesting the series was conceived more as a collectible set than a functional payment instrument. By 1922, much notgeld was being issued explicitly for the collector trade, with municipalities splitting print runs into numbered issues to generate revenue.

Eduard Giltsch was a respected Jena printing house with a background in fine academic and scientific illustration — an unusual choice that likely accounts for the series' above-average print quality.

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