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[[obverse text]]
50 / NO. 15354 / 50 / DIESER GUTSCHEIN WIRD VON UNSERER KÄMMEREIKASSE EINGELÖST, / ER VERLIERT SEINE GÜLTIGKEIT 2 MONATE NACH AUFKÜNDIGUNG / IN DEN ALFELDER ZEITUNGEN. ALFELD/SEINE. 18.6.1919 / DER MAGISTRAT/DIE BÜRGERVORSTEHER [[signature]]
[[translation]] This voucher is redeemed by our combing fund, it loses its validity 2 months after termination in the Alfeld newspapers. the magistrate/the citizens. [[/translation]]

[[reverse text]]
50 / GUTSCHEIN / DER STADT ALFELD / ÜBER FÜNFUNDZWANZIG PFENNIG [[Translation]]Voucher from the City of Alfeld over Fifty Pennies [[/translation]]

Transcription Notes:
[[Reverse image]] by KATE REICH, a knight riding a horse carrying a woman wearing a white dress. there is a man hanging from a noose on the left and a church in the background.