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40 Pfennig - München Oskar Kiesel and Cº

Issuer Oskar Kiesel & Co., München
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Weight 2.5 g
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Obverse lettering OSKAR KIESEL & Cº 40 ✶ MÜNCHEN ✶
Reverse description The reverse presents a plain, unadorned field enclosed by a continuous pearl border running along the inner rim. The large numeral '40' is prominently struck in bold raised relief at the centre, with no additional legend, ornament, or device. The overall design is deliberately minimalist, consistent with the utilitarian character of German notgeld issues of the inflationary period.
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Oskar Kiesel & Co. was a München-based hardware and metalware firm that issued notgeld tokens during the acute small-change shortages of the early 1920s, when Weimar-era inflation had driven metal-content coins out of circulation and municipal authorities couldn't keep pace with demand. Private commercial token issues like this filled the gap at the point of sale — accepted within a business or a defined local network, then theoretically redeemable. Brass-plated zinc was the expedient material of the moment, cheap to stamp and worth almost nothing intrinsically.

The dual Menzel references suggest this piece was catalogued across editions with minor classification adjustments.

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