1921 Bismarkhutte Poland 50 Pfennig Notgeld - German-Occupied Poland - Bilingual Note - 1921 Fifty Pfennig German Polish Emergency Note

This listing is for the photographed 1921 German-Poland Bismarkhutte 50 Pfennig Notgeld. Issued by the municipality of Bismarkhutte (Bismarkhuta) after World War I in an attempt to ease inflation. Issued on May 9th, 1921. One side of this note uses German text, and the other uses Polish, making this a bilingual note becuase of its unique location in German-occupied Poland. Uncirculated (UNC) grade/condition, crisp note! Beautiful notgeld in excellent condition! Great addition to any collection!

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 Bismarkhutte Poland 50 Pfennig Notgeld - German-Occupied Poland - Bilingual Note - 1921 Fifty Pfennig German Polish Emergency Note