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50 Pfennigs

Issuer Magistrat der Stadt Wörlitz (City of Wörlitz, Anhalt)
Year 1922
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse lettering Notgeld der Stadt
50 PF
Wörlitz
Der Magistrat
Der Stadts-Vorst.
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Reverse lettering Notgeld der Stadt Wörlitz
50 PF
Gutschein unter Gewähr der Stadt Wörlitz, gültig bis 1.7.22
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Comments

Wörlitz — a small town in Anhalt with a population that barely justified its own notgeld series — issued this 50 Pfennig note during the acute small-change shortage that paralyzed German commerce in the early 1920s. Thousands of German municipalities did the same, but Wörlitz's output was modest enough that its issues attracted collector attention almost immediately upon release, a common problem with notgeld by 1922: local authorities were printing for philatelists as much as for commerce.

By late 1923 the hyperinflation that made 50 Pfennig notes absurd had rendered the entire notgeld system obsolete.

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