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50 Pfennig Spar- und Leihkasse

Issuer Lütjenburger Spar- und Leihkasse
Year 1921
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Designer(s) W. Kaufmann
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Obverse lettering 50 PFG.
LÜTJENBURGER NOTGELD
DIESER GUTSCHEIN WIRD VON DER LÜTJENBURGER SPAR- u. LEIHKASSE IN ZAHLUNG GENOMMEN. ER VERLIERT SEINE GÜLTIGKEIT MIT DEM 1. NOV. 1921
LÜTJENBURGER
SPAR- u. LEIHKASSE
Reverse description Printed in olive-green, blue, and black, the reverse is divided into three vertical panels within a bold black border. The two flanking panels each contain a full-length figure in period uniform — one facing left and one blowing a horn to the right — set against an olive ground. The wide central panel presents a letterpress vignette captioned '4. Die vermeintlichen Dänen', showing a sailing vessel laden with pigs moored at a quay under a radiant sun, illustrating an episode from the local 'Bottermelkskrieg' legend; the designer's signature 'W. Kaufmann, Oldenburg i. O.' appears at lower right of the central scene. The denomination '50 Ñ' is repeated in blue at each corner, with 'De Bottermelkskrieg' at the top and 'to Lüttenborg' at the foot, and the printer's imprint 'Ad. Eßich & Co., Oldenburg i. O.' below the lower border.
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Comments

Lütjenburger Spar- und Leihkasse was a small savings and loan institution in Lütjenburg, a market town in Holstein, and this 50 Pfennig note is Notgeld — emergency municipal currency issued during the catastrophic inflation that followed Germany's defeat in 1918. The chronic shortage of small-denomination coinage, caused by hoarding and metal scarcity, forced thousands of German municipalities and institutions to print their own fractional notes between 1919 and 1922.

Ad. Eßich & Co. of Oldenburg was a regional commercial printer, not a specialist security printer, which is entirely typical of Notgeld production — speed and local availability mattered more than forgery resistance when the notes might only circulate for weeks.

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