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50 Pfennigs

Issuer Gemeinde Ennigerloh (Municipality of Ennigerloh)
Year 1921
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Printer W. Girardet, Essen, Germany
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Reverse description Red-bordered note with a cream field carrying a large grey underprint of '50 Pfennig' in mirror image. A coloured vignette at lower left shows a stooped figure pushing a wheelbarrow overloaded with banknotes towards a pile of goods and sacks, an ironic commentary on wartime inflation rendered in a folk-art illustrative style. A handwritten dialectal rhyme in black script occupies the upper portion of the field, and the denomination '50 Pfennig' is printed in dark red at the upper right.
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Protection type Watermark
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Comments

Ennigerloh, a small agricultural town in Westphalia, issued this Notgeld during the acute coin shortage that followed Germany's postwar inflation spiral — municipal authorities across the country were legally permitted to issue small-denomination emergency currency when Reichsbank coin supplies dried up. The W. Girardet firm in Essen, better known as a newspaper and commercial printing house, handled a substantial volume of Westphalian municipal Notgeld during this period, which accounts for the relatively consistent production quality across notes from otherwise obscure issuing bodies.

The watermarked paper is worth noting — many Notgeld issues at this denomination cut costs by omitting security paper entirely.

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