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| Issuer | Deutsche Bank, Berlin |
|---|---|
| Year | |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Reference(s) | Men18#2605.6 , Hasselmann#71.6 |
| Obverse description | Log in to see details |
|---|---|
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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.