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The Luebeck 50 Pfennig Norgeld is an emergency banknote issued by the City of Luebeck in 1921. Its obverse features a seal represented by a sailing ship. The reverse of the paper bill depicts a man wearing a cylinder hat onboard a steamship with a nude figurehead. The banknote measures 100 x 60 mm and has no security thread. However, it has a watermark that reflects an oval pattern. This notgeld is in uncirculated condition and has been TAP authenticated with a grade of 60-70.