1921 Allenstein Germany 10 and 50 Pfennig Notgeld Complete Set - Series A - WWI German Emergency Currency - 1921 German Pfennig Note Set

This listing is for the photographed 1921 Allenstein 10 & 50 Pfennig German Emergency Notgeld. Issued by the Municipality of Allenstein, Germany in the years after WWI. These notes are part of the A Series of notgeld from this municipality. Issued on April 1st, 1921. Uncirculated (UNC) grade/condition, crisp note! 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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1921 Allenstein Germany 10 and 50 Pfennig Notgeld Complete Set - Series A - WWI German Emergency Currency - 1921 German Pfennig Note Set