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10 Pfennig - Glöthe Saxonia AG

Issuer Saxonia AG, Glöthe
Year
Type Emergency coin
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Obverse script Latin
Obverse lettering WERT-MARKE 10 SAXONIA AG GLÖTHE
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Additional information

Saxonia AG was a sugar refinery operating in Glöthe, a village in the Prussian province of Saxony, and like hundreds of German agricultural and industrial firms in the late nineteenth and early twentieth centuries, it issued its own notgeld-style token to manage small-change transactions among its workforce. Company scrip of this type was redeemable only at the factory canteen or company store, tying wages partially to on-site consumption.

Nickel-plated zinc points toward wartime or interwar production, when copper and nickel were either restricted or expensive.

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