German States, Wurttemberg. Budo-Werk Schwenningen company. ca. 1920-1930. Sammelmarken (18.2 mm, 1.43 g, 12 h). Ibex jumping left / EINE SAMMEL MARKE in three lines. cf. Upton 1.1/4. VF.
Sammelmarken were similar to Notgeld tokens, filling the need for small change in the economy.