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10 Pfennig - Nürnberg A. Herbst and M. Ostertag Baugeschäft

Issuer A. Herbst & M. Ostertag Baugeschäft, Nürnberg
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Technique Milled
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Reverse description Octagonal reverse with a continuous pearl border along the outer rim. The circular legend 'KLEINGELDERSATZMARKE' runs around the inner border, flanking the central numeral '10' which occupies the field. An inner rope or twisted-cord circle frames the denomination, lending a decorative element to the otherwise plain field. Three five-pointed stars appear in the lower portion of the legend, serving as separators. A pierced hole is present near the upper-right facet, corresponding to the obverse perforation.
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German private firms issued emergency coinage — Privatnotgeld — during the acute small-change shortages of 1917–1921, when zinc and iron had largely displaced copper and nickel for state issues, and even those were hoarded. A construction firm (Baugeschäft) issuing its own scrip is unusual; most private notgeld came from retailers and employers paying wages in fractional tokens redeemable at company premises. Herbst and Ostertag presumably circulated these among workers or local suppliers in lieu of scarce Reichsmünzen.

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