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Lot 276: GERMANY: 1917 Notgeld, Solingen, Zinc, 50 Pfennig, Lion, NGC MS61

AUCTION:  Laurel Certified Coins, Auction 1, Ancient, World, US Coins and Tokens (Auction 351)

Listing Image
  • Sold Winning Bid: $55
  • 2 Bid(s)
Description

GERMANY: 1917 Notgeld, Solingen, Zinc, 50 Pfennig, Lion, NGC MS61. Mintage: 82.656. Engraved by Carl Poellath, Schrobenhausen.Diameter: 23,0 mm. Funck-508.1 Lumb-492.1. 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.

Lot Details
  • Offered By: Anne Dohrenwend
  • Lot #: 276
  • Listing #: 200373
  • Closed: Monday, August 3, 2020 5:31:40 PM CT
  • Estimate: $100
  • Collection: Certified German Notegeld