10 Pfennigs - München Chemische Werke

Chemische Werke München issued zinc notgeld during the post-WWI shortage period when the central government's coinage supply had collapsed and industrial firms across Germany were striking their own emergency tokens to pay workers and facilitate on-site transactions. Factory-issued pieces like this one were primarily intended for use in company canteens and shops, effectively creating closed monetary loops that kept wages circulating within the issuing firm's own economy.

The Hasselmann reference places this within a documented series, though zinc strikes from this period are frequently found with corrosion or warping due to the metal's instability under humid storage conditions.