Set of 2 1921 Buxtehude Germany 25 & 50 Pfennig Notgeld - Blacksmith Series - 1921 German Twenty-Five and Fifty Pfennig Notes Pair

This listing is for the photographed 1921 Buxtehude 25 and 50 Pfennig German Emergency Notgeld Set of 2. Issued by the Municipality of Buxtehude, Germany in the years following World War I. Both notes are part of the Blacksmith series from this municipality, each featuring a scene of a Blacksmith working on an anvil at the center of the reverse. 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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Set of 2 1921 Buxtehude Germany 25 & 50 Pfennig Notgeld - Blacksmith Series - 1921 German Twenty-Five and Fifty Pfennig Notes Pair