Catalog
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| Issuer | Braunschweig Staatsbank |
|---|---|
| Year | 1921 |
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| Composition | Log in to see details |
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| Diameter | 20.1 mm |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The central field displays the bold numeral '10' in the upper portion, beneath which the denomination inscription PFENNIG is rendered horizontally with dot stops to either side. The date 1921 appears in the lower field. Along the upper periphery, the legend NOT - GELD arcs in two segments divided by a central dash, identifying the piece as emergency coinage (Notgeld). A continuous beaded border encircles the entire composition. |
| Reverse script | Latin |
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| Additional information |
Braunschweig Staatsbank issued this zinc notgeld piece during the acute small-change crisis of 1921, when the German federal government had so thoroughly failed to supply adequate coin that regional banks, municipalities, and even private firms were legally permitted — and practically forced — to fill the gap themselves. The Staatsbank's issues were among the more institutionally credible of the notgeld coinages, backed by an actual banking authority rather than a town council or factory.
Zinc was the material of necessity, not preference — copper and nickel allocations remained constrained by postwar treaty obligations and raw material shortages well into the early 1920s.