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10 Pfennig - Speyer

Issuer Speyer (notgeld), City of
Year 1917
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Value 10 Pfennigs (10 Pfennige) (0.10)
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Obverse lettering KREISHAUPTSTADT ★ SPEYER ★
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Edge Plain
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Additional information

Speyer's 1917 iron Notgeld issue appeared as the German war economy stripped copper and other non-ferrous metals from civilian use almost entirely. Municipal authorities across the Reich were authorized to produce emergency coinage to plug the gap left by hoarded and requisitioned imperial issues. Iron was the reluctant substitute — it corrodes readily in circulation, which is precisely why so many of these pieces survive in poor condition despite modest age.

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