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| 正面铭文 | Notgeld für Stendal i/s Altm. Dieser Stadtkassenschein verliert seine Gültigkeit mit dem 31.12.21. Verlängerung vorbehalten. Stendal, d. 15. Juli 1921. Der Magistrat |
| 背面描述 | Three-panel vignette composition: silhouette figures of a kneeling man and a standing traveller flank a central maritime scene with a sailing ship on open water beneath a dramatic clouded sky, all rendered in black and red letterpress. Denomination numerals '50' appear in red cartouches at lower left and right. A Low German verse occupies the upper panel, with a thematic caption at lower centre. |
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Stendal's 1921 Notgeld issue belongs to the dense second wave of municipal emergency currency that flooded Saxony and the Prussian provinces after the Reichsbank's coin hoarding problem became unmanageable. The Magistrat authorized these notes not out of financial distress but out of sheer necessity — silver and copper had effectively vanished from everyday commerce, absorbed by a public that no longer trusted the direction of German monetary policy.
Stendal was a modest rail junction town with no particular economic weight, which is why its Notgeld series attracts collectors: low original issue quantities and little reason for anyone to have saved them at the time.