1921 Kitzingen Germany 50 Pfennig Notgeld Set - Set of 4 Different Backs - German Emergency Currency - 1921 German Fifty Pfennig Note Set

This listing is for the photographed 1921 Kitzingen 50 Pfennig German Emergency Notgeld Set of 4. Issued by the Municipality of Kitzingen, Germany in the years following World War I. Includes four 50 pfennig notes that have varied reverse designs. This is not a complete set, as it does not include all notes in the series. The reverse of each note depicts a different woodcut scene. Uncirculated (UNC) grade/condition, crisp notes! 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.

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1921 Kitzingen Germany 50 Pfennig Notgeld Set - Set of 4 Different Backs - German Emergency Currency - 1921 German Fifty Pfennig Note Set