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5 Pfennig - Altena Gebr. Knipping G.M.B.H

Issuer Gebr. Knipping G.m.b.H., Altena
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Obverse description The obverse features a plain central field enclosed by an inner pearl border, with a further pearl rim running along the outer edge. The issuer's legend is arranged in a complete circular band within the border, reading GEBR. KNIPPING G.M.B.H. in the upper arc and ALTENA in the lower arc, each segment separated by a raised dot stop. The design is of simple utilitarian character, typical of privately issued German notgeld emergency coinage of the early Weimar period.
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Obverse lettering GEBR. KNIPPING G.M.B.H. ● ALTENA ●
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Additional information

Gebr. Knipping was a wire and needle manufacturer in Altena, a Westphalian town whose metalworking industries made it a natural candidate for private notgeld production during the acute small-change shortages of 1917–1921. Factory-issued coinage of this kind was tolerated — and in some cases quietly encouraged — by municipal authorities who lacked the means to supply workers with enough fractional currency to function through a pay cycle.

The zinc composition reflects wartime and immediate postwar material constraints; copper and nickel were restricted for civilian coinage well into the early Weimar period.

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