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10 Pfennigs - Berlin Deutsche Bank

Issuer Deutsche Bank, Berlin
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Reference(s) Men18#2605.6 , Hasselmann#71.6
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Reverse description A continuous pearl border frames the plain field, at the center of which the bold numeral '10' is struck in large, raised sans-serif digits, denoting the denomination of ten Pfennige. The design is austere and utilitarian, with no additional legend, ornament, or exergue line present.
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Edge Plain
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Additional information

Deutsche Bank issued iron notgeld pfennig pieces during the acute small-change shortage that gripped Germany in the early 1920s, when hoarding and metal speculation pulled virtually all low-denomination coinage from circulation. Private banks, municipalities, and industrial firms were effectively forced to produce their own subsidiary currency to keep daily transactions functioning. Iron was the material of necessity — aluminum and zinc had already been largely exhausted by wartime demands.

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