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Lot 239: GERMANY: 1918 Notgeld, 10 Pfenning, Leutkirch Württemberg, Iron, NGC MS62

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

Listing Image
  • Starting Bid: $35
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Description

GERMANY: 1918 Notgeld, 10 Pfenning, Leutkirch Württemberg, NGC MS62. Mintage: 85.000.Composition: Iron. Diameter: 20 mm. Engraved by Wilhelm Mayer & Franz Wilhelm, Stuttgart. Funck-294.2A Lumb-283.2. 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 #: 239
  • Listing #: 196018
  • Closed: Monday, August 3, 2020 5:19:20 PM CT
  • Estimate: $100
  • Collection: Certified German Notegeld