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10 Pfennig - Neustadt im Schwarzwald Kantine der Papierfabrik
| Issuer | Kantine der Papierfabrik Neustadt (Schwarzwald) |
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| Year | |
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| Composition | Iron |
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| Obverse description | Octagonal iron token with a pearl border encircling the entire face. The field bears a multi-line Latin legend in bold raised capital letters reading KANTINE / DER / PAPIERFABRIK / NEUSTADT / (SCHWARZW), identifying the issuing canteen of the paper factory at Neustadt in the Black Forest. The inscription fills the central field without additional ornamental devices, reflecting the utilitarian character of this industrial notgeld issue. |
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| Obverse lettering | KANTINE DER PAPIERFABRIK NEUSTADT (SCHWARZW) |
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| Additional information |
Canteen tokens from German paper mills are among the more obscure corners of Notgeld-adjacent industrial coinage. This piece was issued by the factory canteen rather than any municipal authority, intended purely for internal use — redeemable for food or drink on-site and worthless the moment a worker left the premises. The Schwarzwald paper industry ran several such closed-loop token systems, which kept wages partially locked inside company-controlled spending. Iron was the practical choice by this period; brass and nickel had better uses.