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50 Pfennig Kreissparkasse

Issuer Kreissparkasse Neustadt am Rübenberge
Year 1921
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Shape Rectangular
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Reverse description The obverse is printed in black on a salmon-toned stippled underprint with an ornate Art Nouveau border composed of interlocking scrollwork and stylised grotesque mask motifs at the upper edge. The central text field carries the issuing authority's declaration of validity expiry, place and date of issue, and the issuer name 'Die Kreissparkasse', accompanied by a heraldic shield vignette with a handwritten authorisation signature below. The printer's imprint 'Appelhans, Braunschweig.' appears beneath the lower border.
Reverse lettering Dieser Schein verliert seine Gültigkeit am 1. April 1922.
Neustadt a. R., den 26. August 1921.
Die Kreissparkasse
Appelhans, Braunschweig.
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Kreissparkasse Neustadt am Rübenberge was a district savings bank in the Hanover region, one of hundreds of local institutions that stepped into the currency vacuum created by Germany's postwar coin shortage. By 1921 the Reichsbank could not mint small-denomination coins fast enough to meet demand, and municipal authorities, savings banks, and even private firms were legally permitted — and practically pressured — to issue their own Notgeld. Appelhans in Braunschweig was one of the more prolific regional printers of this material, producing notes for numerous Lower Saxon issuers during this period.

The reference suffix range 966.1–4/8 indicates at least four distinct design variants within this series, a common Notgeld practice used partly to deter counterfeiting and partly to satisfy collector demand, which had become a revenue stream in its own right by 1921.

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