Catalog
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| Issuer | Portland Cementfabrik, Karlstadt am Main |
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| Year | |
| Type | Emergency coin |
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| Obverse description | Octagonal zinc notgeld token with a plain field dominated by the large bold numeral '10' at center, enclosed within a raised beaded inner border. The circular legend reads 'PORTLAND-CEMENTFABRIK' along the upper arc and 'KARLSTADT a. MAIN' along the lower arc, flanked by two five-pointed stars serving as separators. An additional dotted border runs along the periphery inside the octagonal edge, lending the design a concentric, utilitarian aesthetic typical of German industrial emergency coinage of the World War I era. |
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| Obverse script | Latin |
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| Additional information |
Issued by a private cement works on the Main River in Bavaria, this notgeld piece dates to the acute small-change shortage that gripped Germany during and immediately after World War I, when municipal and corporate issuers filled the void left by hoarded official coinage. Industrial firms — factories, mines, foundries — frequently issued their own tokens redeemable within their own payroll or company-store systems, giving employers a degree of monetary control over their workforce that central authorities periodically tried, and largely failed, to curtail.
Zinc was the default material precisely because copper and nickel had been requisitioned for the war effort.