Town of Tegernsee (Bavaria) 4 Notgeld Set: 10, 20, 30, 40 Pfennig, 1st of June 1921 |
Item Code: DER-NGTEG |
Overall
theme: Town views and historic figures. Watermark:
Yes. Signature title: Bürgermeister. Designer: E.E. Heinsdorff. Printer: Schuh-Druck, München. |
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This
picture is for reference only. It may not be exactly the
same image as the one for sale in the Price List or in our Store,
and its serial |
Dimensions: 92 x 65 mm |
Texts and descriptions: Diefer Gutschein gilt 10 / 20 / 30 / 40 Pfennige im Gemeindebezirk Tegernsee 1.6.1921. Tegernsee, Schlossplatz (20 Pfennige reverse). Graf Adalbert u. Otkar Huosi, Gründer d. Klosters (founders of the monastery), Tegernsee 1.3.756. |
Notgeld (German for "emergency money" or "necessity money") refers to money issued by an institution in a time of economic or political crisis. The issuing institution is usually one without official sanction from the central government. This occurs usually when sufficient state-produced money is not available from the central bank. Most notably, notgeld generally refers to money produced in Germany and Austria during World War I and the Interbellum. Issuing institutions could be a town's savings banks, municipality and private or state-owned firms. |
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