1914-1923 5 Different German Notgeld Notes


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Own an amazing 5-piece set of 1914-1923 German Notgeld Notes – which are scarcer than Austrian Notgeld Notes. After WWI, the value of the metal in German coinage rose above face value, causing widespread hoarding. And due to inflation, the central bank couldn’t provide a necessary supply of currency notes. To ease coin and paper money shortages, and enable daily commerce, towns, local banks and private companies issued “emergency” Notgelds of various denominations.

These colorful, illustrated notes feature village life and architecture, local landmarks, figures of folklore and more (designs vary). These handsome Emergency German Notgeld Notes are now over 100 years old – claim yours today!