1921 Keitum Sylt Germany 2 Marks Notgeld - Rarer High Denomination - German Emergency Currency - 1921 German Municipality Two Mark Note

This listing is for the photographed 1921 Keitum Sylt 2 Mark German Emergency Notgeld. Issued by the Municipality of Keitum Sylt, Germany in the years following World War I. This note is a rarer issue because of its higher denomination. It was issued on October 1st, 1921. The obverse of this note shows the municipality's coat of arms at the center. The reverse depicts a map of the island. 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 Keitum Sylt Germany 2 Marks Notgeld - Rarer High Denomination - German Emergency Currency - 1921 German Municipality Two Mark Note