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1 Pfennig - Crailsheim Wilh. Habermeier

Issuer Wilh. Habermeier, Crailsheim
Year 1918
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Thickness 1.1 mm
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Obverse script Latin
Obverse lettering WILH. HABERMEIER 1 1918 CRAILSHEIM
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Additional information

Crailsheim notgeld like this Habermeier piece emerged from the acute small-change shortage that gripped Germany in 1918 as base metals were diverted wholesale into war production. Private merchants and firms were legally permitted — under loosely applied imperial ordinance — to issue their own emergency pfennig tokens, effectively deputizing commerce itself to keep transactions functioning. Habermeier was almost certainly a local tradesman whose tokens circulated within a tightly bounded commercial radius, redeemable only at his own establishment.

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