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| Issuer | Warendorf (notgeld), City of |
|---|---|
| Year | 1920 |
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| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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|---|---|
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| Reverse lettering | NOTGELD 5 PFENNIG 1920 |
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| Mintage | 1920 - also Nickel-Plated - 10,000 |
| Additional information |
Warendorf, a small Westphalian town on the Ems, issued notgeld coinage in 1920 during the acute small-change shortage that followed the First World War — a crisis severe enough that hundreds of German municipalities briefly became their own monetary authorities. Iron was the practical choice: cheaper to strike than zinc, more available than copper, which remained strategically restricted in the immediate postwar years.
The Funck reference places this among a documented series from the town, suggesting coordinated municipal issue rather than emergency improvisation.