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5 Pfennig - Leipzig Schusters Warenhaus

Issuer Schusters Warenhaus, Leipzig
Year
Type Emergency coin
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Reverse script Latin
Reverse lettering SW
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Additional information

Schusters Warenhaus was one of many German department stores that issued zinc notgeld tokens during the acute small-change shortage of the early 1920s, when the state simply could not produce enough low-denomination coinage to keep retail transactions moving. These store-issued pieces functioned as internal scrip, redeemable only at the issuing retailer — a private solution to a public monetary collapse that suited larger Leipzig commercial establishments well enough to make the practice widespread.

Zinc was the material of necessity, not preference. By this period, copper and nickel allocations were still constrained by postwar material controls.

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