Allstedt (Germany) 5 Pfennig 1920

sr44-0102_f_600x600
sr44-0102_f_600x600sr44-0102_b_600x600


CATALOG INFORMATION
ID Number: SR44-0102
Category: Paper Money
Description: Allstedt (Germany) 5 Pfennig 1920
Country or State: Allstedt (Germany) Not Geld
Year: 01. Febr. 1920
Period:  
Head of State/Ruler:  
Reign:  
Currency: Allstedt (Germany) Not Geld
Face Value: 5 Pfennig
Subject/Theme:  
Obverse: Male figure with coat of arms
Obverse Legend: Gutschein Allstedt
Fünf Pfennig
Allstedt, den 1. Febr. 1920
Der Gemeindevorstand
Unterschrift (h.)
Bürgermeister
Obverse Designer:  
Reverse: City View
Reverse Legend: Gutschein Allstedt
5 Pfennig
Reverse Designer:  
Edge:  
Note: Paper print, yellow color
Dimensions (B x H): 62 x 42 mm
Krause Catalog Number:  
Other Catalog Number: A7.1a
State of Conservation: Extremely Fine (XF)
Rarity: Very Rare
   

CATALOG VALUE
Uncirculated (Unc) € -
Extremely Fine (XF) € -
Very Fine (VF) € -
Fine (F) € -
Very Good (VG) € -
Good (G) € -
Poor (P) € -
   

HISTORICAL NOTES

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 Austria during World War I and the Interbellum. Issuing institutions could be a town's savings banks, municipality and private or state-owned firms.

Notgeld was mainly issued in the form of (paper) banknotes. Sometimes other forms were used, as well: coins, leather, silk, linen, postage stamps, aluminium foil, coal, and porcelain; there are also reports of elemental sulfur being used, as well as all sorts of re-used paper and carton material (e.g. playing cards). These pieces made from playing cards are extremely rare and are known as Spielkarten, the German word for "playing card".

Notgeld was a mutually-accepted means of payment in a particular region or locality, but notes could travel widely. Notgeld is different from occupation money that is issued by an occupying army during a war.