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20 Pfennig - Kulmbach Spinnerei
| Issuer | Kulmbacher Spinnerei (Kulmbach Spinning Mill) |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | 20 Pfennigs (20 Pfennige) (0.20) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Log in to see details |
| Reverse lettering | Log in to see details |
| Edge | Plain |
| Mint | Log in to see details |
| Mintage | Log in to see details |
| Additional information |
Industrial notgeld issued by a textile manufacturer in Kulmbach, Bavaria — almost certainly during the acute small-change shortages of World War I, when the Imperial government's metal requisitions drained iron, copper, and zinc from civilian circulation simultaneously. Factory-issued scrip of this type was redeemable only within the issuing company's own economic orbit: the mill canteen, the company store, wages paid in fractional denominations that workers could spend nowhere else.
Iron was the emergency substitute of last resort for municipal and corporate token issuers once zinc and aluminum grew scarce after 1916.