1917 Bergisch Gladbach Germany 50 Pfennig Notgeld - Rarer Early Date - WWI German Emergency Currency - 1917 German Fifty Pfennig Note

This listing is for the photographed 1917 Bergisch Gladbach 50 Pfennig German Emergency Notgeld. Issued by the Municipality of Bergisch Gladbach, Germany in the midst of World War I. This note is a rarer issue because of its early issue date, having been issued on July 1st, 1917, while the country was still fighting in World War 1. This notgeld was only valid until December 31st, 1919. Uncirculated (UNC) grade/condition, crisp note! Excellent condition and an interesting piece of history!

Notgeld was a form of emergency currency that was issued by individual German municipalities or institutions immediately after the First World War when Germany was experiencing a severe economic depression. Most notgeld contained an expiry date, after which the note was deemed invalid. The issued notes of individual municipalities and institutions pulled power from the national Reichsbank and helped to counter currency shortages from the war. Printed using recycled materials, these notes became a popular collector's item because of their attractive colors and designs, leading to the overprinting of notes and eventually hyperinflation.

Thanks for stopping by!

1917 Bergisch Gladbach Germany 50 Pfennig Notgeld - Rarer Early Date - WWI German Emergency Currency - 1917 German Fifty Pfennig Note