Lot of 10 German World War I Pfennig and Mark Notgeld Emergency Notes - Post-WWI German Inflation Note - Local and Government Issues

This listing is for the photographed Lot of 10 WWI and Post-WWI era German Mark and 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 unique and beautiful designs, varied grades/conditions. Amazing finds and interesting pieces 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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Lot of 10 German World War I Pfennig and Mark Notgeld Emergency Notes - Post-WWI German Inflation Note - Local and Government Issues