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50 Pfennigs

发行方 Stadtgemeinde Stuttgart (City of Stuttgart)
年份 1922
类型 Local banknote
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正面铭文 50 Fünfzig Pfennig Stadtkassenschein Gültig bis 31. März 1924 Stuttgart, 21. März 1922 Oberbürgermeister Stadtgemeinde Stuttgart
(Translation: 50 Fifty Pfennig City treasury note Valid until 31 March 1924 Stuttgart, 21 March 1922 Lord Mayor Municipality of Stuttgart)
背面描述 The reverse is dominated by a finely drawn letterpress street-scene vignette of the Mittlere Königstraße at the junction of Lindenstraße as it appeared circa 1828, with multi-storey gabled bourgeois buildings lining the unpaved street and two figures in period dress in the foreground. The left panel contains the descriptive Gothic-script caption identifying the scene and its historical date. The overall colour scheme is black on tan paper, consistent with the obverse.
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Stuttgart's 1922 Pfennig-denomination notgeld came at a particularly awkward moment — the Reichsbank was still nominally managing currency stability, but municipal authorities across Württemberg had already accepted that small-denomination coins had effectively vanished from circulation, hoarded or melted as metal values outpaced face values. Cities issued their own paper fractions not as a financial statement but out of sheer transactional necessity: without them, change-making became impossible at street level.

Stuttgart's issues from this period were printed locally and tend to survive in relatively high numbers — they circulated hard but were also saved in quantity by collectors already well aware that German notgeld had become a collecting phenomenon in its own right.

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