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50 Pfennig Rabatt-Spar-Verein

Issuer Rabatt-Spar-Verein Vaethen-Tangerhütte
Year 1921
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Composition Paper
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Obverse lettering Rabatt-Spar-Verein Vaethen-Tangerhütte
50 Pf.
Die Gültigkeit erlischt drei Monate nach Bekanntgabe im hiesigen Anzeiger. Vaethen-Tangerhütte, 1. Aug. 1921. Rabatt-Spar-Verein
ZIMMER & MUNTE, MAGDEBURG
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Reverse lettering Rabatt-Spar-Verein Vaethen-Tangerhütte
Altes Schloß
Ausgabe II
50 Pf.
Gut für fünfzig Pfs.
Wenn es gelang, das Leben dir zu schmücken, lag's im Genuß, auch andre zu beglücken.
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Comments

Rabatt-Spar-Verein translates roughly as "discount savings association" — a consumer cooperative model that spread widely across provincial Germany in the late nineteenth century and survived well into the Weimar inflation years by issuing its own scrip. The Vaethen-Tangerhütte branch served a community straddling two small settlements in the Stendal district of Saxony-Anhalt, and this 50 Pfennig note belongs to the wave of privately-issued Notgeld that flooded Germany in 1921 as small-denomination coinage effectively vanished from circulation.

Zimmer & Munte of Magdeburg were a regional commercial printer, not a specialist securities house — which shows in the utilitarian production values typical of cooperative-issued scrip rather than municipal Notgeld.

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