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5 Pfennig - Schlierbach Wächtersbacher Steingutfabrik G.M.B.H.
| Issuer | Wächtersbacher Steingutfabrik G.M.B.H. |
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| Year | |
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| Reference(s) | Men18#28437.6, Men22.2#28437.6 |
| Obverse description | Octagonal flan with a continuous pearl border along the periphery. A circular beaded inner ring frames the central device, which consists of a shield bearing the arms of Saxony — horizontal barry stripes surmounted by a crowned escutcheon — rendered in low relief. The encircling legend reads WÄCHTERSBACHER STEINGUTFABRIK G.M.B.H. SCHLIERBACH BEI WÄCHTERSBACH, separated by star ornaments, and runs between the pearl rim and the beaded circle. |
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| Reverse script | Latin |
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| Additional information |
Wächtersbacher Steingutfabrik, a ceramics manufacturer in Schlierbach, issued iron notgeld tokens like this one during the acute small-change shortages of the early Weimar period — when the Reichsbank could not keep pace with demand and private firms routinely struck their own emergency coinage to pay workers and facilitate on-site transactions. Iron was the material of necessity: copper and nickel were still strategically restricted in the immediate postwar years.