10 Pfennig - Freyung

Issued by the Distriktssparkasse Wolfstein in Freyung, this is wartime Notgeld — emergency coinage produced in Bavaria during the iron shortages and monetary disruption of World War I, when central coin production could not keep pace with local demand for small change. Savings institutions, municipalities, and even individual businesses across Germany filled the gap with their own issues, most redeemable only within a narrow geographic radius.

Iron was the material of necessity, not choice. Corrosion makes survivors in clean condition genuinely scarce.