10 Pfennigs - Berlin Martensverlag

Martensverlag was a Berlin-based publishing house that issued notgeld during the emergency currency period of the early 1920s, when municipal and private issuers flooded Germany with small-denomination tokens to address chronic coin shortages. Private commercial notgeld of this type occupies an awkward taxonomic position — neither fully municipal nor purely promotional — and pieces attributable to specific publishers rather than town administrations are sparsely documented in most standard references.