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10 Pfennigs Einswarden; Frerichswerft

Issuer Frerichswerft (shipyard), Einswarden
Year 1918
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Value 10 Pfennigs (10 Pfennige) (0.10)
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Obverse lettering 10 Pfg. Gutschein 10 Pfg.
über
Zehn Pfennig
Einswarden, im Februar 1918.
Frerichswerft
ppa.
Reverse description Unprinted plain cream paper reverse with faint bleed-through of the obverse letterpress text visible through the stock, and no deliberate design elements.
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Comments

Frerichswerft was a shipyard on the Weser estuary, and like hundreds of German industrial employers in 1918, it issued its own emergency scrip — Notgeld — to pay workers when small-denomination coinage had effectively vanished from circulation. The wartime hoarding of metal coins, combined with the Reichsbank's inability to supply adequate small change, forced factories and municipalities alike to print their own.

Shipyard scrip of this type rarely traveled far. It was accepted at the company canteen and local merchants who dealt with the workforce, then redeemed — or not.

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