Lot 277. GERMANY: 1917 Notgeld Vilsbiburg Bayern Zinc 10 Pfennig Church, NGC MS63
GERMANY: 1917 Notgeld Vilsbiburg Bayern, 10 Pfennig, Zinc, Church, NGC MS63. Mintage: 110.600.
Diameter: 19,5 mm. Engraved by Carl Poellath, Schrobenhausen. Lamb-546.1, Funck - 563.1. Notgeld (German for ""emergency money"" or ""necessity money"") refers to money issued by an institution in a time of economic or political crisis. The issuing institution is usually one without official sanction from the central government. This occurs usually when sufficient state-produced money is not available from the central bank. Most notably, notgeld generally refers to money produced in Germany and Austriaduring World War I and the Interbellum. Issuing institutions could be a town's savings banks, municipality and private or state-owned firms.