Eldagsen is a small town in Lower Saxony that issued notgeld coinage in 1920 as part of the broader German emergency money phenomenon — municipal and regional authorities filling the void left by a national coinage system buckling under postwar economic disruption. Iron was the material of necessity, not preference; copper and nickel had been systematically stripped from civilian coinage during the war years and had not returned to free circulation by 1920.
Eldagsen is a small town in Lower Saxony that issued notgeld coinage in 1920 as part of the broader German emergency money phenomenon — municipal and regional authorities filling the void left by a national coinage system buckling under postwar economic disruption. Iron was the material of necessity, not preference; copper and nickel had been systematically stripped from civilian coinage during the war years and had not returned to free circulation by 1920.