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50 Pfennig Spar- und Leihkasse

Issuer Lütjenburger Spar- und Leihkasse, Lütjenburg
Year 1921
Type Local banknote
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Obverse lettering 50 PFG
LÜTJENBURGER NOTGELD
DIESER GUTSCHEIN WIRD VON DER LÜTJENBURGER SPAR- U. LEIHKASSE IN ZAHLUNG GENOMMEN. ER VERLIERT SEINE GÜLTIGKEIT MIT DEM 1. NOV. 1921
LÜTJENBURGER
SPAR- u. LEIHKASSE
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Reverse lettering 50 Pf
De Bottermelkskrieg
50 Pf
3. Auszug der Lütjenburger
to Lüttenborg
Ad. Eßich & Co., Oldenburg i. O.
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Comments

Lütjenburg is a small Holstein town with a population that barely cracked 2,000 in the early 1920s, which makes this Notgeld issue from its savings and loan institution a distinctly local affair. The German inflation crisis of 1921–1923 forced thousands of municipal bodies and private institutions to print emergency small-denomination notes as federal coinage disappeared from circulation almost overnight — hoarded, melted, or simply outpaced by rising prices.

Ad. Eßich & Co. of Oldenburg handled a considerable volume of regional Notgeld work during this period, supplying dozens of small issuers across northern Germany.

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