Archive Lot Detail
Sale Number: 351 - Laurel Certified Coins, Auction 1, Ancient, World, US Coins and Tokens
Lot Number: 276
|Lot 276. 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.
Estimate: US$ 100
|Closing Price||US$ 55 |
|Closing Date||Monday, August 3, 2020|
12:31:40 PM CDT