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50 Pfennige
| Issuer | Stadt Bernburg (City of Bernburg) |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | 50 Pfennigs (50 Pfennige) (0.50) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Black letterpress text on a pale green guilloche underprint, enclosed within a decorative cartouche framed by scrollwork borders. The denomination '50 PFENNIGE' is set in large bold type at centre, with the numeral '50' repeated at upper left and right; a red-stamped serial number appears across the upper portion. The body of the note carries Gothic script text setting out the issuing authority, redemption clause, and date, with two manuscript signatures below the printed title 'Der Magistrat' and 'Obst Rendant' at lower centre. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BERNBURG |
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| Comments |
Bernburg's 1920 notgeld issue belongs to the first wave of municipal emergency currency that flooded Germany as the central government failed to produce sufficient small-denomination coinage. The Reichsbank's inability to keep pace with inflationary demand pushed thousands of cities and towns into self-financing their own circulating scrip — Bernburg among them.
Most Stadt-issued 50 Pfennige notgeld from this period was printed locally or through small regional printers and circulated heavily within the issuing municipality, rarely travelling far. Redemption was theoretically guaranteed but increasingly uncertain as 1920 gave way to the hyperinflationary spiral of 1921–23.