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1921 Germany 10 Pfennig coin pendant Cottbus Brandenburg Notgeld emergency money German Berlin Frankfurt Stuttgart Spree necklace n002277

  • $29.95

Germany 10 Pfennig FEATURING front: coat of arms of Cottbus The arms of Cottbus show a city wall with a small shield with a crawfish. It is the arms of the medieval Lords of Cottbus, who ruled the city from 1199-1445. The combination already appeared on the oldest seal of the city, dating from the early 14th century. The historical colours are the colours of Brandenburg (silver and red), but in the middle of the 20th century the shield was shown as gold. Notgeld (German for "emergency money" or "necessity money") refers to money issued by an institution in a time of economic or political crisis. The issuing institution is usually one without official sanction from the central government. This occurs usually when sufficient state-produced money is not available from the central bank. Most notably, notgeld generally refers to money produced in Germany and Austria during World War I and the Interbellum. Issuing institutions could be a town's savings banks, municipality and private or state-owned firms. The first large issue of Notgeld started at the outbreak of World War I. Due to inflation—caused by the cost of the war—the value of the material that a coin was minted from was higher than the value of its denomination. Many institutions started to hoard coins. Additionally, the metals used to mint coins were needed for the production of war supplies. This caused a massive shortage of metal for coinage, which was remedied by issuing banknotes in small denominations. • quantity 1 • demonetized {no longer in circulation} polished Iron coin • diameter: 21 mm • weight: 2.5 g • shape: 8-angular (octagonal) ***Choose from drop down menu *** {2 mm thick cords, see last photo} 22" black cotton necklace 24" silver plated ball chain 1-1/8" silver color keychain with 30 mm ring ****If you need different length black necklace please message me****

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