Szczegóły o  WWI EMERGENCY MONEY / NOTGELD___5 PFENNIG COIN___Swinemunde Germany___1917

FRASCATIUS ANCIENTS

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A BEAUTIFUL GERMAN 5 PFENNIG COIN (NOTGELD OR EMERGENCY MONEY) OF SWINEMUNDE GERMANY MINTED IN 1917 AD.

A UNIQUE COLLECTIBLE COIN IN GREAT CONDITION

FROM AN OLD COLLECTION

THIS COIN IS MADE OF ZINC .

Notgeld was emergency money issued primarily in Germany during and after World War I to help alleviate the coin shortage caused inflation and a shortage of metal used in the production of war supplies. Notgeld coins were made from various materials including zinc, iron, aluminum, and porcelain. Notgeld was not issued by a central bank, but by other institutions such as states, cities, and public and private companies. It was therefore not legal tender, but was a mutually accepted means of payment in a particular locale or site.

Lack of circulating currency underscored the fact that there was little to buy. Poverty and starvation was the norm in Germany at this period of time.

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Notgeld coins were struck for over 600 communities and companies in Germany between 1916 and 1922. In many cases, the reverse of the piece carried the value and the obverse carried the name of the town and coat of arms. Thus, it was required to only make a die for each new obverse and use a standardized dies for the reverse.

Those coins struck in zinc or iron are often spotted or rusted as both metals are prone to corrosion.

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THE SIZE IS 19.3 MM AND 1.27 GRAMS.

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OBVERSE - City Coat of Arms SWINEMUNDE 1917

REVERSE - KRIEGSGELD 5

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Due to material shortage in World War I and the aftermath of the war till 1921 official mints in Germany couldn't cope with the task of striking huge amounts of coins. So many coin mints often run by municipalities and private contractors struck local issues on inexpensive waste material of metal processing companies.

As local mints in wartime had to deal with inferior material in both coin planchets and striking machinery, lots of dies did break and had to be exchanged for new ones. The result is a large amount of varieties on "Notgeld" emergency coinage.

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The German hyperinflation following World War I was astronomical. Stories abound of people carrying money in wheelbarrows. Actually wheelbarrows were rarely, if ever used to carry money. Suitcases were the preferred method of transport.

The inflation was triggered by a huge increase in the nation's money supply, caused in part by the heavy demands of the reparations placed upon Germany following its loss in World War I. Soon an inflationary mentality set in. Merchants would raise prices automatically. People would hoard goods, figuring the price would go up, thus causing shortages. The vast quantities of money were issued not only by the German central bank (The Reichsbank), but also by numerous communities, cities, states and companies, only compounded the inflation.

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Auctions start at $.99 with No Minimums and No Reserves.

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FULL UNCONDITIONAL GUARANTEE OF AUTHENTICITY

If the buyer feels that the coin received is not as represented - just return the coin and the buyer will be fully reimbursed for the cost of the coin; the original shipping charge; and the cost to ship the coin back… No Questions Asked. If the buyer is not happy, please let me know, and I will do what I can to make it right.

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INTERNATIONAL BIDDERS WELCOME.

HAVE SHIPPED TO OVER 80 DIFFERENT COUNTRIES COVERING EVERY CONTINENT !!

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If you have any questions regarding this auction, please click on “Ask seller a question”.

I will be more than happy to provide you with a response.

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For those new to ancient coins, please see my eBay guide:

FAQ - Beginning Ancient Coin Collectors .

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SHIPPING:

• To the U.S. = $2.25 Insured Flat Rate
• International = $3.50 Insured Flat Rate
• Multiple items may be grouped at no additional charge at the above rates.
• All items will be carefully packaged, protected & insured (private insurance).

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