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5 Pfennig - Neustettin W. Angermann

Issuer W. Angermann, Neustettin
Year 1917
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Orientation Medal alignment ↑↑
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Obverse lettering W. ANGERMANN NEUSTETTIN 5 ★
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Edge Plain
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Additional information

Neustettin's wartime notgeld issues emerged from the same acute metal shortage that stripped German municipal and commercial authorities of any reliable small-change supply by mid-1917. W. Angermann — almost certainly a local merchant or tradesman rather than a civic body — issued these tokens to keep transactions moving when Reichsbank-issued coinage had effectively vanished from daily commerce. Nickel-plated zinc was a common workaround: cheap, workable, and just credible enough to pass across a counter.

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