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50 Pfennig Federal Treasury Note

Issuer Federal Ministry of Finance (Bundesministerium der Finanzen)
Year 1967
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Size 80 × 50 mm
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Reverse description The reverse is printed in brown on plain paper and centres on an elaborate guilloche rosette enclosing a large numeral '50' above the word 'PFENNIG'. Denomination figures '50' and the abbreviation 'PF' appear in the upper corners, with '50 PFENNIG' repeated at upper left. A cautionary anti-counterfeiting inscription runs along the lower margin.
Reverse lettering 50 PFENNIG
50 PF
GELDFÄLSCHUNG WIRD MIT ZUCHTHAUS BESTRAFT
(Translation: Money counterfeiting is punishable by penitentiary imprisonment.)
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Comments

West Germany's small-denomination treasury notes — the Bundeskassenscheine — occupied an odd administrative space: technically issued by the Finance Ministry rather than the Bundesbank, they circulated alongside coins as fractional currency and were never considered part of the formal banknote series. The 1967 issue was the last time the Federal Republic bothered printing paper at this denomination; rising coin production capacity made it redundant almost immediately.

Bundesdruckerei had been printing continuously in Berlin since the postwar reconstruction of its facilities, and this note is among the more anonymous products of that press — functional, short-lived, and quietly withdrawn once coin supply stabilized.

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