50 Pfennig - Allersberg Kattenbeck's Zwieback Baeckerei

German notgeld of this type emerged in 1917 as the imperial war economy stripped copper and nickel from civilian circulation, forcing municipalities and private businesses to issue their own emergency scrip. A bakery issuing its own 50 Pfennig token is a sharp illustration of how far that breakdown reached — Kattenbeck's would have redeemed these against purchases, keeping local exchange functioning when Reichsbank coinage had effectively vanished from everyday trade. Allersberg is a small Bavarian market town, and tokens from businesses of this size survive in modest numbers.