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50 Pfennig Hamfelde in Lauenburg

Issuer Gut Hamfelde
Year 1923
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In circulation to 31 December 1923
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Obverse description Cream-toned note printed in dark red and blue, with a fine guilloche mesh underprint in yellow-green. The design is divided into a grid of nine fields by dotted borders: the four corner fields each carry the denomination numeral '50' in bold Gothic script, while the two lateral fields read 'PFENNIG' vertically. The central upper field bears the estate name 'Gut Hamfelde' in Gothic lettering, with a central vignette of an embossed floral or foliate motif, below which the legend 'Notwechselgeld' and the issuing authority 'Herzogtum Lauenburg' appear in two lines. Decorative fan-shaped ornaments occupy the four inner corner positions of the central panel.
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Reverse lettering Dieser Gutschein gilt bis zum 31. Dezember 1923 Nur unzerrissene Scheine werden zurückgenommen
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Comments

Gut Hamfelde was a private agricultural estate in Holstein, and like dozens of similar Güter during the hyperinflation emergency of 1923, it issued its own notgeld to meet the acute shortage of small change. Estate-issued scrip of this type was redeemable only within the issuer's own economic orbit — tenant workers, estate shops, local creditors — which kept the liability contained but also made redemption genuinely uncertain for anyone outside that circle.

The Graumann reference H9.1b distinguishes this from at least one variant, suggesting minor differences in printing or paper stock across the issue run.

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