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10 Pfennig Vereinigte Harzer Portlandcement- und Kalkindustrie

Issuer Vereinigte Harzer Portlandcement- und Kalkindustrie, Elbingerode
Year
Type Standard circulation banknote
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Obverse description Round notgeld token in dark brown and grey-white. A solid dark central disc bears the numeral '10' in large white letterpress type, separated from the denomination legend 'PFENNIG' below by two parallel horizontal rules. The issuer's name 'VEREINIGTE HARZER PORTLANDCEMENT- U. KALKINDUSTRIE, ELBINGERODE' runs in a circular legend around the perimeter, framed by an outer ring of fine dot-work and an inner dotted border, with a small six-pointed star at the base.
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Reverse description Plain unprinted reverse, showing the natural grey-beige fibrous texture of the paper stock with no inscriptions, vignettes, or decorative elements of any kind.
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Elbingerode notgeld from a cement and lime producer — exactly the kind of private emergency currency that flooded Germany after 1914, when small-denomination coins vanished from circulation almost overnight as hoarding stripped the Reichsbank's reserves. Industrial firms, municipalities, and even individual shops issued their own scrip to make change possible at all.

Tieste Va#1655.05.02 identifies this as a documented series from the Vereinigte Harzer works, though surviving examples are sparsely traded and condition varies sharply — the paper stock used by smaller industrial issuers was rarely archival quality.