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50 Pfennigs

Issuer Stadt Bunzlau (Magistrat)
Year 1919
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Reverse lettering 50
50 Pfg.
Stadt Bunzlau
L. Fernbach
Signature(s) Richter and W. Holtzenburg
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Comments

Bunzlau was a mid-sized Silesian town whose pottery industry had made it modestly prosperous, but by 1919 the municipal treasury was as strained as every other German local authority trying to keep small-denomination currency in circulation after the war. This note is part of the broader Notgeld wave — emergency scrip issued by municipalities to plug the coin shortage — printed locally by L. Fernbach rather than dispatched to one of the major Leipzig or Berlin printing houses.

The Gra#B103.6c designation suggests this is a specific variant within a numbered subseries, implying Bunzlau issued multiple runs. Collectors should note that Fernbach's local production occasionally shows ink consistency variation across the same print run.

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