20 Pfennig - Hainitz Grützner and Faltis

Hainitz — today Hajnice in the Czech Republic — was a small Bohemian textile manufacturing village, and like hundreds of similar communities across the former Habsburg lands, its local firms issued emergency small change during the notgeld crisis following World War I. Grützner & Faltis operated as an industrial concern there, resorting to zinc tokens when coins of the realm effectively vanished from circulation hoarded against uncertainty. Zinc was the material of last resort: cheap, workable, deeply unglamorous.