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50 Pfennigs - Chemnitz C.G. Haubold JR G.M.B.H.

Issuer C.G. Haubold Jr. G.m.b.H., Chemnitz
Year
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Technique Milled
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Obverse script Latin
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Reverse description Octagonal reverse with an outer pearl border following the eight-sided contour of the token. The legend KLEINGELDERSATZMARKE, identifying the piece as a small-change substitute token, curves around the inner field within an annular rope-twist circle. The large numeral 50 occupies the center of the inner field, while three small five-pointed stars are evenly spaced along the lower arc between the rope circle and the pearl border.
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C.G. Haubold Jr. was one of Saxony's major textile machinery manufacturers, and like hundreds of German industrial firms during the acute small-change shortage of 1917–1921, the company issued its own notgeld to pay workers when the Reichsbank could not supply sufficient coinage. Zinc was the only practical option — copper and nickel had been requisitioned for the war effort years earlier.

Firm-issued notgeld of this type rarely circulated beyond the factory gates and company store.

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