50 Pfennig with expiry date

Mylau is a small textile town in the Vogtland region of Saxony, and like hundreds of German municipalities during the 1914–1923 Notgeld period, it issued its own emergency fractional currency when imperial and then Weimar central authorities could not keep small-denomination coinage in circulation. The expiry date printed on the note was a deliberate mechanism — it forced redemption within a fixed window, preventing local scrip from accumulating as a parallel currency and limiting the issuer's liability.

Notgeld with explicit expiry clauses tends to survive in higher quantities than circulated examples, because holders often missed redemption deadlines and simply kept the notes.