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10 Pfennig - Regen Josef Schrank Goldwaren and Uhrengeschäft

Issuer Josef Schrank Goldwaren & Uhrengeschäft
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Reference(s) Men05#21237.2, Men18#26526.2
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Obverse script Latin
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Reverse description Octagonal zinc token reverse displaying a pearl border along the outer facets and a rope-style beaded inner circle enclosing the large numeral '10' prominently at center. The circular legend around the inner border reads KLEINGELDERSATZMARKE, identifying this piece as a small-change substitute token. Three five-pointed stars are evenly spaced in the lower field outside the beaded circle, serving as decorative separators. The plain, functional style is consistent with German Notgeld private merchant tokens of the 1914–1924 period.
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Josef Schrank's jewelry and watch shop in Regen issued this zinc notgeld token during the acute small-change shortages that gripped Bavaria in the early 1920s. Local merchants across Germany's smaller towns stepped in when the Reichsbank could not keep pfennig coinage in circulation — inflation was consuming the face value of metal faster than pieces could be distributed. Zinc was the expedient choice: cheap, workable, and already familiar from wartime emergency coinage.

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