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1/2 Mark Spar- und Leihkasse
| Issuer | Spar- und Leihkasse e.G.m.b.H., Scharmbeck |
|---|---|
| Year | 1918 |
| Type | Log in to see details |
| Value | 1/2 Mark |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Kriegs-Notgeld. Eine halbe Mark zahlt bis zum 31. Dezember 1922 die Spar- u. Leihkasse e. G. m. b. H. in Scharmbeck dem Einlieferer dieses Scheines. Scharmbeck, den 15. August 1918. Der Magistrat No DRUCK: SELMAR BAYER BERLIN S.O. 36 |
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| Signature(s) | Straat |
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| Comments |
Scharmbeck — now Osterholz-Scharmbeck, north of Bremen — was a small market town with no particular monetary significance, but like hundreds of similar municipalities and cooperative institutions across Germany in 1918, its local savings and loan cooperative was forced to plug the coin shortage caused by wartime metal requisitioning. The Reichsbank's small-denomination coinage had effectively vanished from circulation by mid-war, hoarded or melted, and Notgeld of this kind was the practical result.
Selmar Bayer in Berlin handled enormous volumes of these emergency issues for provincial clients, which kept unit costs low but meant the notes carried little individual distinction. Single-signature authorization — here by one Straat — was common for cooperative-issued Notgeld at this fractional value.