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10 Pfennig Ilse-Wohlfahrts-Gesellschaft

Issuer Ilse-Wohlfahrts-Gesellschaft m.b.H.
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Value 10 Pfennigs (10 Pfennige) (0.10)
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Obverse lettering Gutschein
10 Pfennige
Ilse-Wohlfahrts-Gesellschaft m.b.H.
Grube Ilse N.-L.
ILSE
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Reverse lettering 10
Pfennige
Ilse-Wohlfahrtsgesellschaft m.b.H.
Grube Ilse N.-L.
Dieser Gutschein wird nur in unseren Kaufhäusern in Zahlung genommen
Kein öffentliches Zahlungsmittel.
Starke & Sachse Grossenhain
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Ilse-Wohlfahrts-Gesellschaft m.b.H. was a welfare subsidiary of the Ilse-Bergbau AG lignite mining operation in central Germany. Company-issued Pfennig scrip of this kind functioned as internal currency, typically redeemable only at company stores — a system that tied wages back to the employer and was widespread in the German mining and industrial sectors during the inflationary and post-inflationary periods of the early 1920s. Starke & Sachse of Grossenhain were a regional printer responsible for a substantial volume of Notgeld and company scrip from Saxony during this period.

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