50 Pfennig Vorschuß- und Sparverein

Lutter am Barenberge is a small town in Lower Saxony, and the Vorschuß- und Sparverein — a cooperative credit and savings association — was among the thousands of local German institutions pressed into emergency currency issuance during the First World War as coinage all but vanished from circulation. These Notgeld issues were explicitly temporary, authorized under wartime necessity rather than through normal monetary channels. The two signatories, Lüttge and Ritter, were almost certainly the association's board officers at the time of issue, as was customary for cooperative-issued Notgeld.

Paper quality on surviving examples from small cooperative issuers of this period tends to vary considerably, since printing was often contracted locally rather than to specialist security printers.