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It is likely that any notes issued at that time for such small values will be Notgeld, emergency money issued by local authorities during economic crises that was not legal tender issued by the state bank, but a local currency normally only accepted in the town of issue.

They were very common at that time in German history and issued in huge numbers, both during the crises and afterwards as collector items. Accordingly, their prices vary hugely from town to town and year to year. Most fetch $2-$5.

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Q: What is value of a1920 50 funfzig pfennig?
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