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50 Pfennigs

Issuer Städtische Sparkasse Geestemünde
Year 1920
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Printer Franz Scherrer, Hannover, Germany
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Reverse description The reverse is printed in dark navy blue on a warm yellow ground, enclosed within a double-rule border. A large woodcut-style bust portrait of an elderly military officer in full dress uniform, decorated with epaulettes and orders, occupies the central field; an artist's signature 'Gr. Molls' is inscribed in the lower left of the vignette. Below the portrait, within a plain panel, a bold blackletter caption is set across the full width of the note.
Reverse lettering Erst wägen, dann wagen!
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Comments

Geestemünde was absorbed into the newly created city of Bremerhaven in 1924, which means the Städtische Sparkasse that issued this note ceased to exist as an independent institution within just a few years of printing it. German municipal savings banks had limited authority to issue emergency currency — Notgeld — during the postwar inflation period, and the 1920 date places this squarely in the transitional phase before hyperinflation made small-denomination Notgeld entirely obsolete.

Franz Scherrer in Hannover was a mid-tier provincial printer responsible for a significant volume of municipal Notgeld across Lower Saxony. Not a prestige commission.

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