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1 Pfennig - Hammerau Annahütte

Issuer Annahütte (Hammerau, Bavaria, Germany)
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Diameter 17.9 mm
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Reverse script Latin
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Edge Plain
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Additional information

Annahütte was an ironworks settlement near Hammerau in Upper Bavaria, and like many isolated industrial communities in the late nineteenth and early twentieth centuries, it issued its own token coinage to facilitate wages and company store transactions when small-denomination Reichsmark coinage was either scarce or impractical to manage in bulk payroll. These Werksgeld tokens circulated exclusively within the bounds of the issuing employer's economy — redeemable at the company canteen or store, worthless anywhere else.

Zinc was the material of necessity for such issues, cheap and easily struck, though it corrodes aggressively in humid or industrial environments. Survivors in anything approaching original surface are genuinely uncommon.