German City of Saalfeld Fifty Pfennig Notgeld

Name/Title

German City of Saalfeld Fifty Pfennig Notgeld

Entry/Object ID

1992.005.002

Description

German City of Saalfeld Fifty Pfennig Notgeld. Accession number on obverse in lower right corner.

Context

Notgeld is money issued by an institution in a time of economic or political crisis. The issuing institution is usually one without official sanction from the central government. This occurs usually when sufficient state-produced money is not available from the central bank. Most notably, notgeld generally refers to money produced in Germany and Austria during World War I and the Interbellum. Issuing institutions could be a town's savings banks, municipality and private or state-owned firms. Nearly all issues contained an expiry date, after which time they were invalid. Issues without dates ordinarily had an expiry announced in a newspaper or at the place of issuance.

Collection

Banknotes

Made/Created

Date made

1914 - 1924

Time Period

20th Century

Place of Origin

City

Saalfeld

State/Province

Thuringia

Country

Germany

Region

Central Europe

Continent

Europe

Banknote Details

Banknote Type

Notgeld

Currency

German Mark

Denomination

50 Pfennig

Issuing Authority

City of Saalfeld

Production Dates

1921

Serial Number

57666

Obverse

Transcription

Notgeld der Stadt Saalfeld a/s

Translation

Notgeld of the town Saalfeld am Saale

Reverse

Transcription

Der Hohe Schwarm

Translation

The high swarm

Lexicon

Nomenclature 4.0

Nomenclature Secondary Object Term

Money, Paper

Nomenclature Primary Object Term

Money

Nomenclature Class

Exchange Media

Nomenclature Category

Category 08: Communication Objects

Dimensions

Width

2-13/16 in

Length

3-13/16 in

Composition

Material

Paper