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50 Pfennig Todtmoos, Menzenschwand, St. Blasien, Titisee, Bernau

Issuer Schwarzwald Regional Administration (Verwaltung Schwarzwald)
Year 1922
Type Local banknote
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Obverse lettering Todtmoos Menzenschwand St.Blasien Titisee Bernau FÜNFZIG PFENNIG Kostet dieser Schein Die Verwaltung: Schwarzwald
Reverse description The reverse repeats the essential textual content of the obverse in a plain letterpress layout, with the valid towns, denomination, and issuing authority set within a decorative border. The printing is in navy blue, black, and grey on white paper, consistent with the obverse, and the design relies entirely on typography without additional ornamentation.
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Comments

One of the more administratively unusual Notgeld issues of the early 1920s: this note was not issued by a single municipality but by a regional administrative body covering several Black Forest communities simultaneously — Todtmoos, Menzenschwand, St. Blasien, Titisee, and Bernau all named on a single emission. Gebrüder Parcus in Munich handled a substantial share of Bavarian and southwest German Notgeld production during this period, and their work on regional multi-community issues was commercially sensible given the volume of small-denomination emergency currency flooding the market in 1922.

The hyperinflationary spiral of that year made 50 Pfennig notes functionally obsolete within months of printing.

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