Lots of 10 German Post-WWI Pfennig Notgeld Emergency Notes - Choose by Lot - Circulated Grade - 1920s German Municipality Notgeld Lots

This listing is for your choice of the photographed Lots of 10 Post-WWI era German Pfennig Notgeld Emergency Inflation Notes. A variety of notes are included in this lot, issued both by local municipal governments and the national government. All notes are in lower, circulated condition, mostly Very Fine (VF), with some torn or very circulated pieces. All unique and beautiful designs! Amazing finds and interesting pieces of history!

To choose a notgeld lot, select the lot's corresponding number shown in the listing photos. 

Notgeld was a form of emergency currency that was issued by individual German municipalities or institutions immediately after the First World War when Germany was experiencing a severe economic depression. Most notgeld contained an expiry date, after which the note was deemed invalid. The issued notes of individual municipalities and institutions pulled power from the national Reichsbank and helped to counter currency shortages from the war. Printed using recycled materials, these notes became a popular collector's item because of their attractive colors and designs, leading to the overprinting of notes and eventually hyperinflation.

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Lots of 10 German Post-WWI Pfennig Notgeld Emergency Notes - Choose by Lot - Circulated Grade - 1920s German Municipality Notgeld Lots