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50 Pfennigs
| Issuer | Gemeinde Mülsen-Sankt Jakob |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Notgeld der Gemeinde Mülsen-St. Jakob Mülsen-St. Jakob 2. Sept. 1921 Der Gemeindevorstand Gültig bis 30. Sept. 1921 Offsatdruck der Rats-Druckerei R. Dulce, Glauchau |
| Reverse description | Central vignette portrays a humorous caricature of two tipsy gentlemen in formal attire clinging to a lamp post, with a second bare lamp post to the right, rendered in bold black line art. Green diamond-shaped panels bearing "50 Pfg" in Gothic script flank the scene on left and right. A two-line rhyming verse in Fraktur script runs along the lower border. |
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| Comments |
Mülsen-Sankt Jakob was one of dozens of small Saxon municipalities that issued their own emergency scrip during the hyperinflationary crisis of the early 1920s, when the Reichsbank simply could not keep small-denomination coinage and notes in circulation fast enough to meet demand. These Gemeinde-issued Notgeld pieces were technically provisional, meant to circulate only locally until proper currency became available — which, of course, it never adequately did.
Rats-Druckerei R. Dulce in Glauchau handled printing for several Erzgebirge and western Saxon communities during this period, producing functional rather than decorative work. Unlike the collectible "Serienscheine" Notgeld designed specifically for the philatelic market, municipal issues of this type were genuine spending instruments.