Catalog
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| Issuer | Otto Seidel Weinhandlung, Schmölln (Thuringia) |
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| Year | 1921 |
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| In circulation to | 1 December 1921 |
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| Obverse description | The obverse is printed on a light grey-green ground and dominated by large bold black letterpress text reading 'GUTSCHEIN' across the upper half, with the numeral '50' at upper right against a starburst vignette. A wide undulating red band sweeps diagonally across the centre of the note. At the lower portion, the expiry date and issuer inscription are set in black letterpress text against the grey-green field, all contained within a single-rule rectangular border. |
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| Obverse lettering | GUTSCHEIN 50 Verfalltag 1. Dezemb. 1921 Otto Seidel Weinhdlg. SCHMÖLLN S./A. |
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| Comments |
German notgeld inflation currency issued by a wine merchant in Schmölln, a small Saxon-Thuringian town better known for button manufacturing than viticulture. The 1921 wave of small-denomination notgeld from private commercial issuers — shops, breweries, cooperatives — emerged because official coin coinage had effectively vanished from circulation, hoarded or melted as metal values climbed. A wine merchant issuing his own fractional currency was entirely unremarkable in that environment.
Collector-targeted "serienscheine" notgeld from this period often saw no circulation at all. Whether Seidel's issue was genuinely transactional or printed for the philatelic trade is worth knowing before pricing it accordingly.