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10 Pfennigs - Hämmern Zelltextil

Issuer Zelltextil Hämmern (textile factory, Hämmern)
Year
Type Emergency coin
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Obverse lettering ZELLTEXTIL 10 ● HÄMMERN ●
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Edge Plain
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Additional information

Zelltextil Hämmern was a German cellulose textile factory that issued notgeld during the acute small-change shortages of the early 1920s — a period when municipal and commercial issuers across Germany filled the vacuum left by the collapse of state-issued fractional coinage. Factory-issued zinc pieces like this one were redeemable only within the issuing firm's payroll and company-store system, which kept circulation tightly contained and accounts of surviving examples correspondingly limited.

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