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50 Pfennig Lockstedter Lager - Emil Rachow, Kasino

Issuer Kasino Lockstedter Lager, Emil Rachow
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Printer Joh. Streuber, Kellinghusen, Holstein, Germany
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Obverse lettering GUTSCHEIN
über 50 Pfg.
Kasino Lockstedter Lager
Emil Rachow
Gedruckt in der Buchdruckerei von Joh. Streuber, Kellinghusen in Holstein
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Protection type Watermark
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Comments

Lockstedter Lager was a large Prussian military training camp in Holstein, and the Kasino — the officers' mess — ran its own internal economy to keep transactions within the compound. Emil Rachow was the civilian concessionaire operating the Kasino; his name on the note reflects personal financial liability for redemption, a common arrangement in German Lagergeld issues where the mess operator, not a bank or municipality, backed the scrip.

Joh. Streuber of Kellinghusen was a small regional printer whose output was almost entirely local notgeld and commercial ephemera. The watermarked paper on a note of this modest denomination is worth noting — most camp canteen issues of comparable value dispensed with security features entirely.

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