Description: Just over 100 currency notes...no duplicates... all one of a kind. In sleeves as shown. Please see all photos.... All notes shown ( one side only) all fine. Historical Note Notgeld was an emergency currency issued by individual municipalities and institutions across Germany to counter currency shortages and hyperinflation during and after World War I. Notgeld takes the form of printed monetary notes. The need for emergency currency in German began in 1914 with a shortage of small change after the outbreak of war, and shops began issuing substitute paper currency in denominations of between fifty Pfennig and five Marks. As more emergency currency was issued by municipalities, companies, and individuals, it pulled control of the monetary system away from the countrys central Reichsbank and lowered the value of money. By 1918, notes of more than five Marks were commonly being issued. Between 1918 and 1922, Sammlerscheine or collector notes became popular, often featuring colorful illustrations that depicted local folklore and notable people and attractions from a given location. Serienscheine or series notes were issued in sets of four to six different designs relating to a central theme or story, and they developed value as collectibles rather than value as currency. In 1922 and 1923, a period of hyperinflation revived the monetary need for locally issued Notgeld. Up to 4,000 issuing bodies were producing Notgeld, and denominations that were issued sharply increased (up to trillions of Marks by November 1923). In 1924, the need for Notgeld came to an end as the Reichsbank fixed the value of the Rentenmark to gold, thus stabilizing Germanys currency.
Price: 200 USD
Location: Chico, California
End Time: 2024-05-03T19:51:30.000Z
Shipping Cost: N/A USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Type: Notgeld
Year: 1920
Country: Germany
Country/Region of Manufacture: Germany
