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1 Pfennig - Leipzig Unruh and Liebig

Issuer Unruh & Liebig, Leipzig
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Currency Mark (1914-1924)
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Obverse script Latin
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Edge Plain
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Additional information

Unruh & Liebig was a Leipzig-based manufacturer of textile machinery, and this zinc pfennig is a piece of factory money — issued for use in the company canteen or works store rather than general circulation. German industrial notgeld of this type proliferated in the late 19th and early 20th centuries as large employers sought to control where workers spent their wages, a practice that drew sustained criticism from labor organizers and eventually faced legal restriction.

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