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5 Pfennigs - München J. Göggl & Sohn

Issuer J. Göggl & Sohn, München-Süd
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Diameter 19.3 mm
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Reverse description Octagonal reverse with an outer pearl border mirroring the obverse. The legend 'KLEINGELDERSATZMARKE' (small change substitute token) arcs around the upper and lateral periphery. An inner rope or cord circle encloses the large central numeral '5', denoting the denomination. Three six-pointed stars are evenly spaced along the lower margin of the field, outside the rope circle, serving as decorative separators.
Reverse script Latin
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Additional information

J. Göggl & Sohn was a Munich-based metalworks firm that issued notgeld during the acute small-change shortage that gripped Germany in the early 1920s. Private industrial and commercial enterprises were legally permitted to issue their own emergency coinage during this period, and zinc — already a wartime substitution metal — remained the practical choice when copper and nickel were still scarce or expensive post-armistice. These privately issued pieces circulated only within the firm's own payroll and immediate commercial sphere, which is precisely why survivors in any condition are infrequently encountered outside regional German collections.

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