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| 正面描述 | Printed in dark red on cream paper, the obverse is framed by a scalloped decorative border. The upper register carries the bold letterpress legend GUTSCHEIN · 10 · PFENNIG, flanked on each side by a vignette of crossed mining hammers — an allusion to the local coal and potash industry. The central panel presents an industrial landscape vignette with smoking factory chimneys and pit-head structures; below, the issuing authority text NACHTERSTEDT: DEN 1. JUNI 1921 appears at lower left alongside the numeral 10, while the lower right panel reads DER GEMEINDEVORSTAND with two manuscript facsimile signatures. |
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| 背面铭文 | DIESER GUTSCHEIN WIRD VON DER GEMEINDEKASSE EINGELÖST GEMEINDE NACHTERSTEDT 10 ER BEHÄLT SEINE GÜLTIGKEIT BIS ZUM ÖFFENTLICHEN AUFRUF |
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Nachterstedt notgeld from 1921 falls squarely within the second wave of German municipal emergency money, issued as the Reichsbank struggled to keep small-denomination coins in circulation amid postwar inflation. Gemeinde Nachterstedt is a small locality in the Anhalt region, best known historically for its lignite mining activity — the kind of industrial village that issued notgeld primarily to pay local workers when coin simply wasn't available at the point of wage distribution.
The Grabowski-Mehl reference numbering places this within a well-documented series, but individual municipal pieces from communities this size often survive in surprisingly uneven quantities, with some print runs essentially exhausted in circulation and others stockpiled by contemporary collectors who drove a secondary notgeld market that was already flourishing by mid-1921.