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1 Pfennig - Halle A. Riebecksche Montanwerke A.G

Issuer A. Riebecksche Montanwerke A.G., Halle an der Saale
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Value 1 Pfennig (0.01)
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Obverse description Octagonal iron notgeld token with a beaded inner border encircling the central numeral '1' in bold relief, denoting the denomination of one Pfennig. A circular legend reads 'A. RIEBECKSCHE MONTANWERKE A.-G.' along the upper arc and 'HALLE (SAALE)' along the lower arc, separated by small star devices. The field between the beaded circle and the outer rim is plain, conforming to the functional, utilitarian style typical of German Kriegs- and Inflationszeit emergency coinage.
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Reverse description Octagonal reverse featuring a beaded or rope-twist inner border encircling the large numeral '1' in the central field. The circular legend 'KLEINGELDERSATZMARKE' runs along the outer arc, identifying the piece as a small-change substitute token. Small star or ornamental devices appear at the base of the legend. The overall design is plain and utilitarian, consistent with emergency Notgeld issues of the Weimar-era inflationary period.
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A. Riebecksche Montanwerke was one of central Germany's major coal and mining conglomerates, operating extensive brown coal (lignite) extraction across the Halle region. Company scrip of this kind was issued for use in company-run canteens and stores — a practice common in German heavy industry before and during the First World War, when metal shortages pushed firms to produce their own low-denomination tokens rather than rely on a state mint stretched beyond capacity. Iron was the pragmatic choice: cheap, available, and already on site.