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50 Pfennig - Schlierbach Wächtersbacher Steingutfabrik G.m.b.H.
| Issuer | Wächtersbacher Steingutfabrik G.m.b.H. |
|---|---|
| Year | |
| Type | Emergency coin |
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| Composition | Log in to see details |
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|---|---|
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| Reverse description | A continuous pearl border frames the octagonal flan, within which the legend KLEINGELDERSATZMARKE (small change substitute token) is arranged circumferentially between the pearl rim and a twisted rope inner circle. The large numeral '50' denoting the denomination occupies the central field in bold raised figures. Three five-pointed stars are evenly spaced below the rope circle near the lower rim. |
| Reverse script | Latin |
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| Additional information |
Wächtersbacher Steingutfabrik, the ceramics manufacturer operating out of Schlierbach in Hesse, issued iron notgeld tokens during the acute small-change shortage that gripped Germany in the early 1920s. With the Reichsbank unable to keep subsidiary coinage in circulation — coins were being hoarded or melted as metal values fluctuated against a collapsing currency — factories frequently issued their own scrip to pay workers in denominations usable at company facilities or local merchants.
Iron was a pragmatic choice: cheap, available, and sufficiently unappealing to hoarders.