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50 Pfennig Sparkasse

Issuer Städtische Sparkasse Neumarkt (Lower Silesia)
Year 1921
Type Local banknote
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Reverse description The reverse is printed in two colours — blue and terracotta-red — centred on a painterly letterpress vignette of the Stadtmauer mit Wehrturm, a rounded medieval defensive tower with adjoining city wall set among bare-branched trees against a blue sky underprint. The denomination numeral '50' appears in large format at upper left and upper right within the composition, with a descriptive legend at foot identifying the structure and its 13th-century origin following the Battle of Legnica. A plain ruled border with corner squares frames the design, and the series designation 'SERIE III' is printed at lower left.
Reverse lettering 50
STADTMAUER MIT WEHRTURM
ERBAUT IM 13. JAHRH. NACH DER TATARENSCHLACHT
SERIE III
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Comments

Neumarkt in Lower Silesia — now Środa Śląska in Poland — was one of hundreds of small German municipalities that issued notgeld during the hyperinflationary spiral of the early 1920s. This note was produced by the local savings bank rather than the municipal administration itself, a distinction that mattered legally at the time: Sparkassen had separate issuing authority and their notes were technically liabilities of the institution, not the town.

Grass, Barth & Comp. (W. Friedrich) in Breslau printed enormous quantities of provincial notgeld during this period. The Breslau firm was the dominant regional supplier for Silesian emergency currency.

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