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50 Pfennig - Neumünster

Issuer Bankverein Neumünster
Year 1920
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Shape Round
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Obverse lettering BANK VEREIN 50 ★ NEUMÜNSTER ★
Reverse description The reverse displays an outer pearl border at the rim, with the legend KLEINGELDERSATZMARKE — meaning small change substitute token — inscribed around the upper periphery, accompanied by a floral ornament at the base. An inner concentric pearl circle encloses the central field, which bears the heraldic coat of arms of Neumünster: a crowned shield surmounted by a radiant crown and supported by decorative foliate mantling. Three small floral stops separate the legend elements at the lower field.
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Additional information

Neumünster's Bankverein issued this iron notgeld piece during the acute small-change shortage that gripped Germany in 1920, when hoarding of metal coinage and postwar supply disruptions left municipalities and private institutions scrambling to fill the gap abandoned by central authority. Iron was the pragmatic choice — cheap, available, and sufficiently unfamiliar as a coinage metal to discourage melting.

The Funck reference places this among the documented Schleswig-Holstein private issues, a category that saw considerable variety in issuing body, with banks, municipalities, and industrial concerns all producing parallel emergency currency within the same towns simultaneously.

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