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50 Pfennig Sparkasse

Issuer Sparkasse der Stadt Uelzen
Year 1920-1921
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Composition Paper
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Obverse description Red and blue letterpress Notgeld on white paper with rounded corners. The central vignette presents the heraldic arms of Uelzen — a fortified gatehouse with figures — enclosed within a circular band bearing the issuer's name in Gothic script, flanked by stylised trees. Above the vignette, the denomination numeral '50' and the word 'Pfennige' appear in a blue panel, with a serial number printed in bold black type at the top. At the foot of the note, two lines of Gothic text state the expiry clause, followed by the series designation 'Uhlenköper' in the bottom panel.
Obverse lettering Nr.
Sparkasse der Stadt Uelzen
50 Pfennige
Dieser Gutschein tritt spätestens mit dem 1. Juli 1922 außer kraft.
Serie: Uhlenköper
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Comments

Uelzen's municipal savings bank — the Sparkasse der Stadt Uelzen — was among hundreds of German local institutions that resorted to issuing their own emergency fractional currency during the acute coin shortage of 1920–21. These Kleingeldersatz notes filled the gap left by the near-total disappearance of metal coinage, hoarded by a public that had watched inflation erode paper purchasing power since the war. The Sparkasse had no printing mandate from the Reichsbank; the authority was purely local and provisional.

At just 51 × 34 mm, this is among the smallest notgeld formats produced — closer in scale to a tram ticket than a banknote.

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