Lot 238: GERMANY: 1918 Notgeld 5 Pfennig, Oberndorf Württemberg, Iron Composition, NGC MS62 
AUCTION: Laurel Certified Coins, Auction 1, Ancient, World, US Coins and Tokens (Auction 351)
- Starting Bid: $35
- 0 Bid(s)
GERMANY: 1918 Notgeld 5 Pfennig, Oberndorf Württemberg, Iron Composition, NGC MS62. Diameter: 17,0 mm. Octagonal design. Lamb-380.1, Funck - 392.1. 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.
- Offered By: Anne Dohrenwend
- Lot #: 238
- Listing #: 196017
- Closed: Monday, August 3, 2020 5:19:00 PM CT
- Estimate: $100
- Collection: Certified German Notegeld