Archive Lot Detail
Sale Number: 351 - Laurel Certified Coins, Auction 1, Ancient, World, US Coins and Tokens
Lot Number: 239
|Lot 239. 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.
Estimate: US$ 100
|Closing Price||Not Available|
|Closing Date||Monday, August 3, 2020|
12:19:20 PM CDT