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Laurel Certified Coins Sale 1  3 Aug 2020
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Lot 237

Estimate: 35 USD
Lot unsold
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GERMANY: 1917 Notgeld, Kirchheim Württemberg, 10 Pfennig, Zinc, NGC MS61. Low Mintage: 34.500.Diameter: 20.3 mm. Funck-244.5 Lumb-235.2. 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"
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