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50 Pfennig - Stavenhagen

Issuer Stadtsparkasse Stavenhagen
Year 1922
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Reference(s) Funck#516.3a, Men18#29981.2
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Obverse script Latin
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Reverse description Plain field enclosed by a continuous pearl border. A small rosette ornament appears at the top and bottom of the inner field. The central area is occupied by a four-line legend in bold capital letters reading AN- UND VERKAUF, / VERWAHRUNG UND / VERWALTUNG VON / WERTPAPIEREN, advertising the savings bank's services of buying, selling, custody, and administration of securities.
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Additional information

Stavenhagen is a small Mecklenburg town best known as the birthplace of Fritz Reuter, the Low German dialect writer — an identity the town leaned into heavily during the notgeld period. This aluminium piece was issued by the municipal savings bank during the acute coin shortage of 1922, when the Reichsbank's inability to keep small denomination coinage in circulation forced hundreds of German municipalities to produce their own emergency money. Stadtsparkasse issues of this type carried implicit redemption guarantees tied to the issuing institution's deposits, a distinction from purely decorative collector notgeld struck purely for the philatelic trade.

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