100 Pfennig - Freising Anton Schlüter Motorenfabrik

Anton Schlüter's agricultural machinery firm, founded in Munich in 1899 and later expanding operations toward Freising, issued notgeld tokens like this one during the acute small-change shortages that plagued Germany between roughly 1916 and the early 1920s. Private industrial firms frequently issued their own emergency currency redeemable at company facilities, functioning as a closed-loop substitute when Reichsbank coin supplies collapsed under wartime metal requisitioning. Schlüter's tractors and diesel engines were well enough distributed across Bavarian farming communities that such tokens would have circulated with genuine local confidence.