GERMANY NOTGELD 50 Pfennig 1921

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重量(カラット) 提供されていない
Year 1921
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Germany Notgeld 50 Pfennig 1921 Stadt Crefeld

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1

Notgeld (German for "emergency money" or "necessity money" ; "monnaie de nécessité" in French) is the name of money issued by an institution not authorized for money emission. This occurs usually when money is not available from the central bank. The best known emergency money emissions occurred in Germany and Austria-Hungary around the end of the First World War, which is why the German term is used. Issuing institutions could be e.g. town savings banks, municipalities, private and state-owned firms. It was therefore not legal tender, but rather a mutually-accepted means of payment in a particular locale or site. Notgeld is different from occupation money that is issued by an occupying army during a war. Notgeld was mainly issued in the form of (paper) banknotes. Sometimes other forms were used, as well: coins, leather, silk, linen, 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".

The first large issue of Notgeld started at the outbreak of World War I. Due to inflation—caused by the cost of the war—the value of the material that a coin was minted from was higher than the value of its denomination. Many institutions started to hoard coins. Additionally, the metals used to mint coins were needed for the production of war supplies. This caused a massive shortage of metal for coinage, which was remedied by issuing banknotes in small denominations. As these banknotes were very colorful, they soon became a target for collectors. As the issuing bodies realized this demand, they continued to issue these notes beyond their economic necessity up till 1922. Quite often the validity period of the note had already expired when the notgeld was issued. The sets that were issued in 1920 and predominantly in 1921 were usually extremely colorful and depicted many subjects, such as local buildings, local scenes and local folklore/tales. Many series tell a short story, with often whimsical illustrations.


Germany Notgeld 50 Pfennig 1921 Stadt Crefeld

The product is like in the photo.

1

Notgeld (German for "emergency money" or "necessity money" ; "monnaie de nécessité" in French) is the name of money issued by an institution not authorized for money emission. This occurs usually when money is not available from the central bank. The best known emergency money emissions occurred in Germany and Austria-Hungary around the end of the First World War, which is why the German term is used. Issuing institutions could be e.g. town savings banks, municipalities, private and state-owned firms. It was therefore not legal tender, but rather a mutually-accepted means of payment in a particular locale or site. Notgeld is different from occupation money that is issued by an occupying army during a war. Notgeld was mainly issued in the form of (paper) banknotes. Sometimes other forms were used, as well: coins, leather, silk, linen, 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".

The first large issue of Notgeld started at the outbreak of World War I. Due to inflation—caused by the cost of the war—the value of the material that a coin was minted from was higher than the value of its denomination. Many institutions started to hoard coins. Additionally, the metals used to mint coins were needed for the production of war supplies. This caused a massive shortage of metal for coinage, which was remedied by issuing banknotes in small denominations. As these banknotes were very colorful, they soon became a target for collectors. As the issuing bodies realized this demand, they continued to issue these notes beyond their economic necessity up till 1922. Quite often the validity period of the note had already expired when the notgeld was issued. The sets that were issued in 1920 and predominantly in 1921 were usually extremely colorful and depicted many subjects, such as local buildings, local scenes and local folklore/tales. Many series tell a short story, with often whimsical illustrations.


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入札の開始 $2
オークションID 10039
ウォッチャー 0ウォッチング
閲覧済み 563回
開始 12th Jan 2013 11:11pm PST
終了 14th Jan 2013 3:11am PST

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