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10 Pfennig - Braunschweig Staatsbank

Issuer Braunschweig Staatsbank
Year 1921
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Value 10 Pfennigs (10 Pfennige) (0.10)
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Obverse description Central field features the rearing Lower Saxon horse (Niedersachsenross) in bold raised relief, depicted in left profile with the right foreleg elevated and the mane rendered in naturalistic flowing detail. The design is characteristic of Weimar-era Notgeld coinage, with strong, decisive engraving. The circular legend STAATSBANK BRAUNSCHWEIG runs along the upper periphery, with dot separators flanking the inscription. The entire device is contained within a continuous beaded (pearl) border.
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Edge Plain
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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.

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