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5 Pfennig - Segeberg
| Issuer | Vorschuss-Verein zu Segeberg E.G.m.u.H. |
|---|---|
| Year | 1917 |
| Type | Log in to see details |
| Value | 5 Pfennigs (5 Pfennige) (0.05) |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | VORSCHUSS-VEREIN ZU SEGEBERG. E.G.M.U.H. 5 ★ |
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| Mintage | 1917: ND (1917) |
| Additional information |
The Vorschuss-Verein zu Segeberg was a credit cooperative — essentially a local savings and loan association — in the Holstein town of Bad Segeberg. Like hundreds of similar institutions across Germany in 1917, it stepped into the acute small-change shortage caused by wartime hoarding and metal requisitioning by issuing its own notgeld coinage in zinc, a metal the Reichsbank had not yet fully commandeered for shell casings.
Credit cooperatives issuing emergency coinage is unusual even within the broad notgeld phenomenon; most civilian issuers were municipalities or merchants' associations, not financial institutions.