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10 Pfennig - Karlsruhe Louis L. Stern and Co
| Issuer | Louis L. Stern & Co., Karlsruhe |
|---|---|
| Year | |
| Type | Emergency coin |
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| Composition | Log in to see details |
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|---|---|
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| Reverse description | Outer pearl border follows the octagonal flan. The legend KLEINGELDERSATZMARKE (small change substitute token) runs circularly within the border. An inner rope circle encloses the central field bearing the large numeral 10 in bold relief. Three small five-pointed stars are evenly spaced at the lower portion of the legend, between the rope border and the pearl rim. |
| Reverse script | Latin |
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| Additional information |
Louis L. Stern & Co. was a major textile and department store operation in Karlsruhe, and like hundreds of German retailers during the material shortages of World War I, it issued private emergency currency — Notgeld — to compensate for the acute scarcity of small change that followed government requisitioning of copper and nickel coinage. Zinc was the compromise metal of the home front.
These merchant tokens occupy an awkward category: legally tolerated, functionally necessary, redeemable only at the issuing firm.