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50 Pfennig Sparkasse
| Issuer | Sparkasse der Stadt Dannenberg |
|---|---|
| Year | 1920 |
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| Shape | Rectangular |
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| Obverse description | Light blue notgeld note with cut corners, centred around a square vignette enclosing a heraldic composition: a fir tree flanked by two rampant lions, serving as the civic arms of Dannenberg. The year date appears within the design, and the border carries the issuing authority inscription. |
|---|---|
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| Reverse lettering | 50 N°01501 |
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| Comments |
Dannenberg's municipal savings bank issued this cardboard Notgeld piece during the acute coin shortage that followed Germany's postwar economic disruption. The Sparkasse der Stadt Dannenberg was a local civic institution, not a commercial bank, and its authority to issue emergency small-denomination scrip derived from the general tolerance extended to German municipalities and savings bodies in 1919–1920 — not from any formal banking license to issue currency.
Cardboard issues from Sparkassen tend to show heavier wear than paper equivalents; the material absorbs handling poorly and corners split. The 50 Pfennig denomination was among the most actively circulated of all Notgeld values, filling a gap that the Reichsbank was simply unable to address at the time.