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10 Pfennig - Neusalz a. Oder Gruschwitz Textilwerke Akt. Ges.

Issuer Gruschwitz Textilwerke Akt. Ges.
Year 1918
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Value 10 Pfennigs (10 Pfennige) (0.10)
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Obverse description Central field displays the heraldic coat of arms of the Gruschwitz Textilwerke company, rendered in moderate relief with ornate mantling and a crowned helm above the shield. A beaded inner border frames the design, following the octagonal perimeter of the flan. The circular legend reads GRUSCHWITZ TEXTILWERKE AKT. GES. along the upper arc and NEUSALZ a. ODER along the lower arc, separated by floral ornaments.
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Reverse script Latin
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Gruschwitz Textilwerke issued this iron notgeld token in 1918 as German small-denomination coinage effectively vanished from circulation — hoarded, melted, or simply unproduced as the Imperial mint redirected metal toward the war. Factories across Silesia and beyond were forced to create their own substitute currency just to make payroll. The Neusalz an der Oder plant, a major linen and textile operation on the Oder River, was substantial enough to warrant its own formally struck pieces rather than the crude stamped cardboard many smaller employers resorted to.

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