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| 正面描述 | Yellow-ground note with a dark outer border and dotted inner frame. The central vignette presents the Heldburg coat of arms — a red tower and golden rampant lion on a white shield — enclosed within a green laurel wreath set in an octagonal cartouche. Two putti flank the central device, each carrying abundant fruit garlands against a dark background. The denomination 'Fünfzig Pfennig' appears in red Gothic script within cartouches at lower left and right, with the issuing authority inscription and validity clause in black script below the central vignette, followed by two manuscript signatures above the printed titles 'i. Bürgermeister' and 'Stadtkämmerer'. |
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| 背面铭文 | 50 Pfennig Kirche Was man erschafft mit fleißigen Händen, Soll man mehren und nicht verschwenden. |
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Heldburg is a small hilltop town in southern Thuringia, best known for the Veste Heldburg fortress rather than any monetary history. This note exists because of the Kleingeldersatz crisis of 1920–1922, when a severe shortage of fractional coinage — caused by metal hoarding and the inflationary collapse of the Reichsmark's purchasing power — forced hundreds of German municipalities to issue their own emergency small-change paper. Schneider & Co. in Ilmenau were a regional printer who handled a significant volume of Thuringian Notgeld commissions during this period.
The DeNG reference distinguishes at least three sub-varieties within this issue, likely differentiated by serial number range or minor typographic differences rather than substantive design changes.