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50 Pfennigs

Issuer Stadt Freyburg an der Unstrut
Year 1921
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse description Dark navy ground with a bold silhouette vignette of the Freyburg townscape along the Unstrut valley at centre top. Denomination numeral '50' in hatched panels at left and right. Gothic script lettering reads 'Notgeld der Stadt Freyburg an der Unstrut' across the lower portion, with serial number in green and two facsimile signatures below the side text panels.
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Reverse description Cream ground within a dark border of geometric ornament, with a large silhouette vignette of a medieval scene showing armoured knights and a kneeling supplicant. Side panels carry Gothic text in black on dark ground. Lower border inscription reads 'Vom Rheinlied ist's die Sage' in Gothic script.
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Comments

Freyburg an der Unstrut is a small wine-producing town in Saxony-Anhalt, and this 50 Pfennig Notgeld note is precisely the kind of municipal emergency scrip that flooded Germany during the postwar inflation spiral of 1921. Hundreds of German towns issued their own small-denomination notes when the Reichsbank could no longer keep coinage in circulation — hoarding and metal shortages had stripped the economy of small change almost entirely.

Otto Richters & Co. in Erfurt handled a substantial volume of Notgeld printing for Thuringian and Saxon municipalities during this period, which makes their output identifiable but not rare. Signed by two town officials, Dietrich and Tischer, whose exact municipal roles are unrecorded in surviving administrative documents.

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