Catalog
1 Pfennig - Kappel Maschinenfabrik
| Issuer | Kappel Maschinenfabrik |
|---|---|
| Year | |
| Type | Emergency coin |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | MASCHINENFABRIK KAPPEL 1 |
| Reverse description | Reverse design mirrors the obverse in layout, featuring the numeral '1' at center within a double beaded circular border. The circular legend 'MASCHINENFABRIK KAPPEL' runs along the periphery, with a small five-pointed star serving as a separator at the base. The plain octagonal field exhibits the characteristic zinc patina and simple raised lettering typical of privately issued German Notgeld tokens from the early 1920s. |
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| Additional information |
Kappel Maschinenfabrik was a textile machinery manufacturer in Chemnitz, Saxony, that issued notgeld coinage during the acute small-change shortage of the early 1920s. Factory-issued pfennig pieces of this type circulated as internal currency — redeemable at the company canteen or store — effectively subsidizing wages at a moment when the Reichsbank could not keep fractional coinage in circulation fast enough to meet demand. Zinc was the only practical option by then; copper and nickel had long since been redirected elsewhere.