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50 Pfennig Spar- und Darlehnskasse

Issuer Ländliche Spar- und Darlehnskasse Oberheldrungen u. Umgegend
Year 1921
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Currency Mark (1914-1924)
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Obverse description Issued as a Jubiläums-Gutschein to commemorate the 25th anniversary of the institution, with the full name of the Ländliche Spar- und Darlehnskasse Oberheldrungen u. Umgegend set in Gothic script across the upper panel. The central vignette presents a heraldic shield enclosing a stylised flowering plant in bold woodcut-style line art, flanked by ornate cartouches bearing the denomination numeral '50' within scrollwork borders. The lower panel contains two oval signature fields, a validity oval inscribed 'Gültig bis 1.12.1921', the anniversary dates '20.3.1896 ··· 20.3.1921', and the printer's imprint along the bottom margin.
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Reverse description The reverse carries a panoramic woodcut-style vignette of the village of Hauterode am Helderbach set in a gentle valley, with a church steeple rising above clustered rooftops, rolling agricultural fields receding into the background, and a tall conifer anchoring the left foreground. A text panel at the top bears a two-line dialectal verse in Gothic script, and the lower border panel identifies the depicted locality by name. The linear graphic style is consistent with the artistic conventions of German Notgeld production of the early 1920s.
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Oberheldrungen is a small village in the Kyffhäuserkreis district of Thuringia, and the note's issuer — a rural cooperative savings and loan bank — was exactly the kind of institution the German notgeld system was built around. During the early 1920s inflation spiral, municipal and cooperative bodies across Germany printed their own emergency fractional currency because Reichsbank coin had effectively vanished from everyday transactions, hoarded or melted down as metal values climbed.

Adolf Forker of Leipzig was a minor commercial printer, not a specialist notgeld house like Giesecke & Devrient. That distinction shows in the production values typical of his output for small rural issuers.

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