1921 Ausstellung Germany 50 and 75 Pfennig Notgeld Set - Red and Green Sets - German Emergency Currency - 1921 German Pfennig Note Set
1921 Ausstellung Germany 50 and 75 Pfennig Notgeld Set - Red and Green Sets - German Emergency Currency - 1921 German Pfennig Note Set
This listing is for the photographed 1921 Ausstellung 50 and 75 Pfennig German Emergency Notgeld Set of 4. Issued by the Municipality of Ausstellung, Germany in the years following World War I. Includes two 50 pfennig and two 75 pfennig notes, each printed in red or green colors. 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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1921 Ausstellung Germany 50 and 75 Pfennig Notgeld Set - Red and Green Sets - German Emergency Currency - 1921 German Pfennig Note Set
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