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50 Pfennig Sparkasse

Issuer Städtische Sparkasse Neumarkt (Schlesien)
Year 1921
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse lettering STÄDTISCHE SPARKASSE
NEUMARKT
SCHLESIEN
FÜNFZIG PFENNIGE
NEUMARKT DEN 10. OKTOBER 1921
DER VERWALTUNGSRAT:
STÄDT. SPARKASSE:
DAS RECHT AUS DIESER URKUNDE ERLISCHT, WENN DIESE NICHT SPÄTESTENS BIS 31. DEZ. 1922 BEI DER STÄDT. SPARKASSE IN NEUMARKT ZUR EINLÖSUNG VORGELEGT WIRD.
GRASS, BARTH & COMP. W. FRIEDRICH BRESLAU
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Reverse lettering 50
ALT-NEUMARKT
SERIE II
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Comments

Neumarkt in Silesia — now Środa Śląska in Poland — was one of hundreds of German municipalities forced into emergency currency production during the postwar inflation crisis. This Sparkasse note is a product of that administrative scramble: local savings institutions, never intended to function as issuing banks, suddenly found themselves printing fractional denominations to keep daily commerce moving as metal coinage disappeared from circulation entirely.

Grass, Barth & Comp. handled an enormous volume of Notgeld work out of Breslau during this period, which kept production costs low but quality consistent across the region.

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