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50 Pfennigs

Issuer Stadt Köln (City of Cologne)
Year 1922
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse lettering Stadt Köln
Gutschein über
50 Pfennig
No
Dieser Gutschein wird von allen städtischen Kassen in Zahlung genommen.
Er verliert seine Gültigkeit am 15. August 1922. Die Stadtgemeinde Köln haftet für die Einlösung
Köln, den 12. Januar 1922
Der Oberbürgermeister:
SIEGEL DER STADT KÖLN
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Reverse lettering Stadt Köln
Pfennig
Pfennig
1922
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Comments

Cologne's postwar municipal finances were stretched well beyond what Reichsbank supplies could cover, and by 1922 the city — like hundreds of German municipalities — was printing its own fractional emergency money. What makes this note more than routine Notgeld is the signature: Konrad Adenauer, then serving as Oberbürgermeister of Cologne, a post he held from 1917 until his forced removal by the Nazis in 1933. He would later become West Germany's first Federal Chancellor in 1949.

Printed locally by J. P. Bachem, a Cologne-based Catholic press and publisher with deep roots in the city, not an outside security printer.

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