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1918 Bunzlau Prussia 5 Pfennig Notgeld - German-Occupied Prussia - Rarer Early Issue - 1918 Five Pfennig German Emergency Note

1918 Bunzlau Prussia 5 Pfennig Notgeld - German-Occupied Prussia - Rarer Early Issue - 1918 Five Pfennig German Emergency Note

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This listing is for the photographed 1918 German-Prussia Bunzlau 5 Pfennig Notgeld. Issued by the municipality of Bunzlau immediately after World War I in an attempt to ease inflation. Dated July 1st, 1918, a rarer earlier date for notgeld! Uncirculated (UNC) grade/condition, crisp note! Beautiful notgeld in excellent condition! Great addition to any collection!

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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1918 Bunzlau Prussia 5 Pfennig Notgeld - German-Occupied Prussia - Rarer Early Issue - 1918 Five Pfennig German Emergency Note

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