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10 Pfennig - Nürnberg Anton Leibold Feinbäckerei
| Issuer | Anton Leibold Feinbäckerei, Nuremberg |
|---|---|
| Year | |
| Type | Emergency coin |
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| Composition | Log in to see details |
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|---|---|
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| Reverse description | Octagonal reverse with a continuous pearl border following the eight-sided periphery. The legend KLEINGELDERSATZMARKE (small change substitute token) arcs around the upper portion of the field between the pearl rim and an inner rope border. The large numeral 10 is boldly struck in the center within the rope circle. Three five-pointed stars are evenly spaced along the lower arc of the field between the rope border and the pearl rim. |
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| Edge | Plain |
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| Additional information |
German municipal and commercial notgeld exploded in the early 1920s as the Reichsbank's collapsing currency made small-denomination coinage functionally useless. Businesses like Leibold's Feinbäckerei — a fine bakery in Nuremberg — issued their own zinc tokens redeemable for goods in-house, bypassing the federal monetary system entirely. Hundreds of Nuremberg firms did the same, which is why Menzel's catalog runs to such extraordinary length for this city alone.
Zinc was the material of necessity, not choice. By this period it was one of the few metals available to private issuers at a cost that made token production economically rational.