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20 Pfennigs - Kapfenberg Volksheim

Issuer Volksheim Kapfenberg
Year
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Reference(s) Men18#47012.1
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Reverse script Latin
Reverse lettering 20
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Additional information

Kapfenberg, an industrial town in Styria built around its steelworks, saw a surge of notgeld issuance in the early 1920s as municipal and cooperative institutions scrambled to fill the void left by chronic small-change shortages. The Volksheim — a workers' cultural and social club model common to Austrian Social Democracy — issued zinc pieces like this one for internal circulation, likely redeemable at club facilities rather than in open commerce. Zinc was the material of necessity: cheap, available, and easy to strike in small runs without a proper mint contract.

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