5 Pfennigs - Augsburg Eisenwerk Gebr. Frisch K.G.

Augsburg's Eisenwerk Gebr. Frisch was an iron and metalworks firm that issued notgeld tokens during the acute small-change shortages of World War I and its immediate aftermath, when the Imperial government's metal requisitions had stripped conventional coinage from circulation almost entirely. Private industrial employers frequently issued their own denominated tokens to pay workers in fractional amounts the official monetary system could no longer supply.

The zinc composition here is itself a consequence of wartime material allocation — copper and nickel had been redirected to munitions production by 1916.