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50 Pfennigs

Issuer Magistrat der Stadt Greußen (Schwarzburg-Sondershausen)
Year 1918
Type Local banknote
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Obverse description The note is printed in dark brown and black on cream paper, enclosed within an ornate border of repeating decorative motifs. At left, a vertical panel contains the numeral '50' in large bold type above the word 'Pfennig', with an oval town seal of the Magistrat der Stadt Greußen below and a handwritten serial number at the foot. The right-hand field is filled with a fine wavy-line guilloche underprint over which the denomination 'Fünfzig Pfennig' is set in large blackletter script, flanked above by the issuer name 'Stadt Greußen' between two stars and the notation '50 Pfgs. Gut für 50 Pfgs.', and below by the issue date 'Greußen, den 4. Dezember 1918' and the manuscript signature of the Magistrat.
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Reverse lettering STADT GREUSSEN
50 Pfg. 50 Pfg.
In Not geboren
Doch den Mut nicht verloren.
Dieser Schein verfeit, wenn er nicht Monate nach forderung des Einlösung bei der Greußen vor=
liert seine Gültig= innerhalb dreier öffentlicher Auf= Magistrats zur Stadtkasse in gelegt wird. :: ::
Fünfzig Pfennig.
Gültig nur in der Stadt Greußen.
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Comments

Greußen was a small town within the principality of Schwarzburg-Sondershausen, which had itself only recently been absorbed into Thuringia after the 1918 abdication of Prince Karl Günther. This note was issued by the town magistrate amid the acute coin shortage that plagued German municipal authorities throughout the war years — silver and nickel had long since been pulled from circulation for military use, and the Reichsbank's official emergency coinage could not keep pace with local demand.

Notgeld of this type was technically issued on the magistrate's own authority, with no formal Reichsbank backing. Redemption was promised but rarely enforced once the inflationary spiral of 1919–1923 made the face value economically irrelevant.

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