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1921 German notgeld 50 Pfennigs City of Quedlinburg (Prussian province of Saxony

Uncirculated Condition 

Features
Issuer     City of Quedlinburg (Prussian province of Saxony)
Ruling authority     Weimar Republic (1918-1933)
Type     Local banknotes
Year     1921
Value     50 Pfennigs (50 Pfennige) (0.50)
Currency     Mark (1914-1924)
Composition     Paper
Size     125.5 × 72.5 mm
Shape     Rectangular
Issued     July 1921
Demonetized     Yes 

Notgeld ( for 'emergency ' or 'necessity money') refers to 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 usually occurs when not enough state-produced money is available from the . In particular, notgeld generally refers to money produced in  and  during  and the War.

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