Complete Set of 1921 Bismarkhutte German Poland 25 and 50 Pfennig Notgeld - 1921 German-Occupied Poland Emergency Pfennig Notgeld Pair

This listing is for the photographed Pair of 1921 Bismarkhutte 25 and 50 Pfennig German-Occupied Poland Emergency Notgeld. Issued by the Municipality of Bismarkhutte, which is modern day Chorzow Batory, Poland in the years following World War I. The issue date of these notes is March 20th, 1921, during which the municipality was under German occupation. This is a complete denomination set for this issue of notgeld, including all denominations printed in the issue; 25 pfennigs and 50 pfennigs. Uncirculated (UNC) grade/condition, crisp notes! Excellent condition and an interesting piece of history!

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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Complete Set of 1921 Bismarkhutte German Poland 25 and 50 Pfennig Notgeld - 1921 German-Occupied Poland Emergency Pfennig Notgeld Pair