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50 Pfennig J. Rosenfelder

Issuer J. Rosenfelder, Bamberg
Year 1920
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse lettering 50 Pf. Gutschein
nur bei Lohnzahlungen von mir
verausgabt und nur in meinem
Betriebe umlauffähig. Für 2
dieser Gutscheine erhält der Über-
bringer 1 Mark in bar ausbezahlt
J. Rosenfelder
Bamberg.
Reverse description Printed in blue-grey and black on cream stock, the reverse is divided into two horizontal registers within a serrated decorative border. The upper register carries a panoramic cityscape vignette of Bamberg rendered in fine line engraving, with the silhouettes of the cathedral's twin towers and the church spires of St. Michael clearly visible against a lightly shaded sky. The lower register is dominated by a central white medallion bearing the large numeral "50" in interlocking hatched figures, flanked on either side by sinuous ribbon banners in the Art Nouveau style carrying the legends "GUTSCHEIN / 50 Pfennig" to the left and "bei / J. ROSENFELDER / BAMBERG" to the right.
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Comments

J. Rosenfelder was a commercial firm in Bamberg that issued this 50 Pfennig note as Notgeld — emergency scrip — during the severe small-change shortage that gripped Germany in the years immediately following World War One. The Reichsbank had effectively ceased producing low-denomination coinage in useful quantities, and thousands of municipalities, businesses, and institutions stepped in to fill the gap. A retail or wholesale merchant issuing their own scrip was unremarkable in 1920; redemption was theoretically guaranteed by the issuer's own credit.

Bamberg's relative provincial stability meant local Notgeld from this period circulated within tight geographic limits and was often redeemed and destroyed quickly, which keeps surviving examples scarcer than the sheer volume of Notgeld production might suggest.

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