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50 Pfennig Notgeldausstellung

Issuer Halle an der Saale (notgeld), City of
Year 1921
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Composition Paper
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Reverse description The reverse carries a view of the Marktplatz (market square) of Halle an der Saale rendered in a linear illustrative style, with the city's historic church towers and market buildings visible against a plain background. The legend 'Der Marktplatz' identifies the scene.
Reverse lettering Der Marktplatz
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Comments

Halle's 1921 Notgeld series was issued partly as a fundraising mechanism for the city's official notgeld exhibition — the "Notgeldausstellung" — rather than purely to address a coin shortage. Municipal notgeld had by 1921 shifted well away from its wartime emergency function and become a collector-driven industry, and Halle leaned into this openly, with the exhibition itself as the stated occasion for the issue.

That transparency is relatively rare. Most cities of the period maintained the fiction of necessity.

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