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50 Pfennig Weinhandlung Otto Seidel
| Issuer | Otto Seidel Weinhandlung, Schmölln (Thuringia) |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein Verfalltag 1. Dezemb. 1921 50 Otto Seidel · Weinhandlung SCHMÖLLN S/A |
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| Reverse lettering | Für hundert dieser Scheine- 50 die allerfeinsten Weine! |
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| Comments |
Schmölln's wine merchant Otto Seidel issued this 50 Pfennig Gutschein in 1921 as a private emergency currency — one of tens of thousands of Notgeld pieces produced across Germany between 1914 and 1923 when small-denomination coinage effectively vanished from circulation. By 1921, the Notgeld phenomenon had shifted from genuine necessity toward something more calculated: towns and merchants were printing attractive series specifically to sell to collectors, treating the notes as a revenue stream in their own right.
Whether Seidel's issue reflects genuine local liquidity need or collector-market opportunism is the real question with pieces at this level of the catalog.