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50 Pfennig Tietze and Seidensticker

Issuer Firma Tietze & Seidensticker, Penzig (Oberlausitz)
Year
Type Local banknote
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Obverse description Printed on pale green paper, the obverse is framed by an elaborate typographic border composed of geometric and diamond-shaped ornamental units in black letterpress. A header panel bears the inscription '50 PFENNIG 50' in bold serif capitals, below which a large numeral '50' occupies the left field, while the right panel carries the multi-line text 'Notgeld-Schein der Firma Tietze & Seidensticker Penzig O.-L.' in Gothic blackletter. A serial number prefix 'No.' appears at lower left, with the number space left blank.
Obverse lettering 50 PFENNIG 50
Notgeld=Schein
der Firma
Tietze & Seidensticker
Penzig O.-L.
No.
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Comments

Penzig — today Pieńsk, in southwestern Poland — was a small industrial town in Upper Lusatia, and like hundreds of similar communities across Germany, its local businesses issued Notgeld when small-denomination coinage disappeared from circulation during and after the First World War. Firma Tietze & Seidensticker was almost certainly a textile or manufacturing concern, the dominant industries in that corridor of Oberlausitz, though the firm left little documentary trace beyond its scrip.

Private firm-issued Notgeld of this type was technically illegal under Reichsbank statutes but tolerated out of sheer practical necessity.

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