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50 Pfennigs
| Issuer | Municipality of Stöckheim (Northeim) |
|---|---|
| Year | 1922 |
| Type | Local banknote |
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| Obverse description | Notgeld voucher printed in olive-green on cream paper, with a wide decorative border of stylized Art Nouveau foliate and geometric motifs including diamond cartouches at the lateral margins. The central text panel, set within an octagonal frame, carries the issuer name 'Stöckheim' in bold letterpress at the top, followed by the denomination '50 Pfg.' in large display type, the validity clause 'Gültigkeit bis zum 30. März 1922', a manuscript authorization signature, and a printed serial number on ruled lines below. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed in bright green with the same stylized Art Nouveau foliate border as the obverse, the reverse centers a large black intaglio-style vignette within an octagonal frame, portraying a medieval scene of a young squire holding a staff and leading a horse, conversing with a seated figure, a tower and hilly landscape visible in the background. The denomination '50 Pfennig' appears in bold type flanking the central vignette on both the left and right sides. |
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| Comments |
Stöckheim, a small commune in the Northeim district of Lower Saxony, issued this Notgeld note during the inflationary spiral of 1922, when municipal authorities across Germany scrambled to produce emergency small-denomination currency to compensate for the chronic shortage of official coinage. The Reichsbank simply could not mint fast enough to keep pace with eroding purchasing power, and thousands of towns — many with no prior experience managing a currency issue — stepped into the gap.
The Northeim-area Notgeld series is not among the more heavily documented regional issues, which makes provenance tracing for individual specimens unreliable. Paper Notgeld from 1922 is inherently vulnerable to humidity damage along fold lines.