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| 正面描述 | Light guilloche underprint on a plain background. Large gothic numeral '50' and the denomination 'Fünfzig Pfennige' in blackletter script dominate the centre. A text block in Kurrent script bears the payment obligation, flanked by a red serial number at right; issuer name 'Stadtverwaltung Glashütte (Sa.)', date '1. August 1921', and Bürgermeister signature appear below. |
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| 正面铭文 | 50 Fünfzig Pfennige wolle die Stadt-Girokasse Glashütte (Sa) dem Überbringer dieses vergüten zu Lasten unseres Kontos No 5. Stadtverwaltung Glashütte (Sa) am 1. August 1921 Bürgermeister. |
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Glashütte's municipal administration issued this Notgeld note at the height of Germany's postwar small-change shortage, when federal coinage had effectively vanished from circulation and hundreds of towns printed their own emergency fractional currency. Max Rönisch was a Dresden commercial printer with no particular specialization in security printing, yet the inclusion of a watermark here is notable — most Notgeld at this denomination dispensed with such features entirely.
Glashütte itself is worth the footnote: a town of fewer than 5,000 people whose identity was already inseparable from precision watchmaking. That a place so synonymous with fine mechanical craft was reduced to issuing 50-Pfennig paper scrip in 1921 captures something about the state of the Weimar economy that statistics alone don't convey.