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10 Pfennig - Kulmbach Spinnerei

Issuer Kulmbacher Spinnerei AG
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Currency Mark (1914-1924)
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Obverse description Outer pearl border follows the octagonal flan, enclosing a circular legend in raised Latin lettering reading KULMBACHER SPINNEREI with a single star at the base. An inner dotted circle frames the central field, which bears the large numeral 10 in bold relief, serving as the denomination indicator.
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Kulmbacher Spinnerei AG was a textile spinning operation in Kulmbach, Bavaria, and like many German industrial firms during the First World War, it issued its own emergency coinage — Kriegsgeld — when the Imperial government's requisitioning of copper and nickel stripped everyday commerce of small change. Iron was the default substitute, abundant and strategically unimportant enough to be spared. These factory-issued tokens circulated internally among workers and local merchants, redeemable against wages or company-store credit, and were never legal tender beyond the issuer's own sphere.

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