Free: 1920s German Notgeld From An Industry Rare - Coins - Listia.com Auctions for Free Stuff

FREE: 1920s German Notgeld From An Industry Rare

1920s German Notgeld From An Industry Rare
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The listing, 1920s German Notgeld From An Industry Rare has ended.

50 Pfennig from an industry as pay. I tried to translate the back. "eh not the ignominy contract torn up and is in the pot that certain of all jst been amend kram" Germany had a revolution at this time. The first large issue of Notgeld started at the outbreak of World War I. Due to inflation - caused by the cost of the war - the value of the material that a coin was minted from was higher than the value of its denomination. Many institutions started to hoard coins. Additionally, the metals used to mint coins were needed for the production of war supplies. This caused a massive shortage of metal for coinage, which was remedied by issuing banknotes in small denominations. Free shipping.
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1920s German Notgeld From An Industry Rare is in the Collectibles | Coins category