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50 Pfennig - Nürnberg Hercules Werke A.-G. NHW

Issuer Hercules Werke A.-G. Nürnberg
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Technique Milled
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Obverse description A continuous pearl border frames the coin's periphery, within which the circular legend reads HERCULES WERKE A.-G. followed by a six-pointed star ornament. The monogram NHW, standing for Nürnberger Hercules Werke, occupies the central field in large raised letters. The overall design is utilitarian in character, typical of German Notgeld emergency coinage of the early Weimar period.
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Edge Plain
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Hercules Werke A.-G. was a Nürnberg-based industrial firm that issued emergency coinage — Notgeld — during the severe metal and currency shortages that followed World War I. Factory-issued scrip of this kind functioned as internal wage tokens or canteen currency, circulating among workers within a specific plant rather than in general trade. Most pieces were redeemed and destroyed once the crisis eased, which is why survivors in collectible condition are genuinely uncommon rather than artificially scarce.

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