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50 Pfennigs

Issuer Magistrat der Stadt Bismark (Altmark)
Year 1921
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Currency Mark (1914-1924)
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Obverse lettering Gutschein der Stadt Bismark i/A.
Ungültig 3 Monate nach Abruf
Fünfzig Pfennig
Erbaut im 12. Jahrh.
DIE GOLDENE LAUS.
50
Bismark, den 1.10.1921
DER MAGISTRAT
Reverse description Yellow and blue note with a central silhouette vignette illustrating the legend of the Goldene Laus: barrels, meat cuts, a jug, and a cart drawn by oxen are rendered in black silhouette, while a corpulent seated figure leans against a wall at right. Denomination cartouches reading "50 Pf." appear at all four corners within a blue border frame. Two rhyming couplets in Gothic script are set in ruled panels above and below the central scene.
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Bismark in the Altmark — a small market town in Saxony-Anhalt — shares its name with the Iron Chancellor but has no direct connection to him beyond geography. The Magistrat issued this Notgeld note during the postwar small-change crisis of 1920–1921, when a chronic shortage of coin forced hundreds of German municipalities to print their own emergency fractional currency. The Reichsbank tolerated the practice as a stopgap, but by late 1922 runaway inflation had made all such low-denomination scrip economically worthless before most of it could even be redeemed.

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