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| 正面描述 | The obverse is printed in red and olive-grey tones within a decorative zigzag border with gold corner ornaments. The city name 'Nieheim i. Westfalen' appears in bold red Gothic script across a dark header panel, while the central vignette presents the heraldic coat of arms of Nieheim — a red shield quartered by a gold cross, bearing five gold roundels and surmounted by a merloned tower. Redemption text is set in blackletter script to the left, with the issuer's oval cachet, date '19. November 1921,' two manuscript signatures, and the denomination '50 Pfg.' in red to the right. |
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| 正面铭文 | Nieheim i. Westfalen Dieser Gutschein wird bis zum 1. März 1922 von der Kasse des Vorschußvereins Nieheim eingelöst. Nieheim, den 19. November 1921. Vorschußverein Nieheim VORSCHUSS-VEREIN ZU NIEHEIM E.G. mit unbeschränkter Haftpflicht Gutschein 50 Pfg. |
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Vorschußvereine — cooperative credit societies — were among the most prolific issuers of Kleingeldersatz during the 1920–1922 Notgeld wave, and Nieheim's entry is characteristic of the small-town Westphalian issues: locally authorized, locally redeemable, and almost certainly printed in limited runs by a regional job printer. Nieheim itself is a small market town in the Teutoburger Wald foothills, and its cooperative credit society would have issued this to address the chronic small-change shortage that struck German commerce well before hyperinflation peaked.
Redemption obligations for notes like this effectively collapsed after November 1923.