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5 Pfennig - Hohenwestedt

Issuer Creditverein Hohenwestedt
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Composition Iron
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Reverse description Outer pearl border frames the reverse. The circular legend KLEINGELDERSATZMARKE runs along the upper periphery, with three five-pointed stars evenly spaced in the lower field. An inner rope or twisted-cord circle encloses the large raised numeral '5' at center, denoting the face value of this small-change substitute token.
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Edge Plain
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Additional information

Hohenwestedt is a small market town in Schleswig-Holstein, and this iron piece is a product of the First World War's systematic destruction of Germany's small-coin supply. As silver and copper were diverted to the war economy, thousands of German municipalities, cooperatives, and private creditors issued their own emergency tokens — Notgeld — to keep local commerce functional. The Creditverein, a local credit cooperative, had both the institutional standing and the practical need to do so. Iron was the material of last resort.

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