Old Money Registry

50 Pfennig, Residenzstadt Cassel, 1918

Residenzstadt Cassel

Obverse 600 dpi
Reverse 600 dpi

This copy

Accession
OM-00804
Series year
1918
Actually issued
1918
Signatures
This issue carries no bank manager or cashier signature.
Grade
VF (IBNS)

Estimated from the archival scan. Folds, soiling and edge condition are visible at this resolution; paper crispness, pinholes, small repairs and pressing are not. Grade applied uniformly across this batch pending individual review.

Estimated value
$3 indicative

Category benchmark scaled for grade — an order of magnitude, not an appraisal. Priced 2026-10-24.

Dimensions
88.6 × 56.7 mm (±2.1, from the scan)
Themes
NotgeldHesseKassel

The type

Type
50 Pfennig, Residenzstadt Cassel, 1918
Rarity
common
CasselGermany, 1920 borders

Symbology

City arms of Cassel
The civic coat of arms of Cassel, the note's only pictorial element on an otherwise plain blue Fraktur design.
Dieser Geldschein wird von allen städtischen Kassen eingelöst
"This note will be redeemed by all municipal treasuries" - the city's redemption undertaking, marking it as an official circulating small-change note rather than a collectors' Serienschein.
Magistrat der Residenz (Koch / Brunner)
The facsimile signatures of the city magistrate; the title "der Residenz" reflects Cassel's standing as a former electoral residence city.

What was happening

Notgeld began in 1914 out of necessity: coin vanished into hoards within weeks of mobilisation and towns printed their own small change because the Reichsbank could not supply enough. Where the later Serienscheine of 1920-1923 were pictorial collectors' issues, the earliest wave was plain official paper meant simply to circulate - and this note belongs to that first, functional kind.

This is a 50-Pfennig Geldschein of the Residenzstadt Cassel - Kassel in Hesse, the old seat of the Electors of Hesse-Cassel and still styled a royal residence city in the imperial period. It is not a pictorial Serienschein but a plain blue Fraktur note carrying the city arms and the undertaking Dieser Geldschein wird von allen städtischen Kassen eingelöst - "this note will be redeemed by all municipal treasuries." It was signed by the Magistrat der Residenz (Koch / Brunner).

The year is given here as 1918, assigned on reasoning rather than from a confirmed catalogue entry: the self-description Residenzstadt and the signing Magistrat der Residenz are monarchical-era usages that fit the war years better than the republic, and Cassel's own zinc Kriegsgeld of 1917 is likewise struck "Residenzstadt Cassel" while the 1920 municipal coinage has already dropped to "Stadt Cassel." The note therefore sits with the wartime coin shortage of 1917-1918 rather than the inflation issues. This dating should be treated as an open point until matched to Grabowski's Deutsche Kleingeldscheine, Amtliche Verkehrsausgaben 1916-1922.

This account belongs to the type, not this copy — it is shared by every 50 Pfennig, Residenzstadt Cassel, 1918 in the collection.

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