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10 Pfennig - Teisnach Papierfabrik A. G.

Issuer Teisnacher Papierfabrik A.G.
Year
Type Emergency coin
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Reverse description Square flan with rounded corners and a continuous pearl border following the perimeter. The large denomination numeral '10' is prominently struck in the upper-center of the field in bold raised relief. Directly below, the place name 'TEISNACH' is inscribed in a straight horizontal legend across the lower portion of the field.
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Edge Plain
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Additional information

Teisnach, a small mill town in the Bavarian Forest, was home to a paper factory that — like hundreds of German industrial firms — began issuing its own emergency coinage during the Notgeld crisis of the early 1920s when small-denomination Reichsmark coinage vanished from circulation almost entirely. The Teisnacher Papierfabrik A.G. struck these zinc pieces to pay workers and facilitate transactions within the local economy, a practice the Reichsbank tolerated out of necessity rather than sanction.

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