The listing, RARE - 1918 German Notgeld Coblenz 10 Pfennig has ended.
1918 German Notgeld COBLENZ / KOBLENZ 10 Pfennig
(Rhineland)
Emergency Money
The first large issues of Notgeld started in Germany at the outbreak of World War I.
Due to inflation, caused by the cost of the war, the value of the material that was used to mint coins was higher than the value of the coin's denomination.
Many institutions started to hoard coins.
Additionally, the metals used to mint legal tender coins were needed for the production of war supplies.