Notgeld (German for 'emergency money' or 'necessity money') is 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 usually occurs when not enough state-produced money is available from the central bank. In particular, notgeld generally refers to money produced in Germany and Austria during World War I and the Interwar period. Issuing institutions could be a town's savings banks, municipalities and private or state-owned firms. Nearly all issues contained an expiry date, after which time they were invalid. Issues without dates ordinarily had an expiry announced in a newspaper or at the place of issuance.
Notgeld was mainly issued in the form of (paper) banknotes. Sometimes other forms were also used: coins, leather, silk, linen, wood, postage stamps, aluminium foil, coal, and porcelain; there are also reports of elemental sulfur being used, as well as all sorts of re-used paper and carton material (e.g. playing cards). These pieces made from playing cards are extremely rare and are known as Spielkarten, the German word for 'playing cards'.
Notgeld was a mutually-accepted means of payment in a particular region or locality, but notes could travel widely. Some cases of Notgeld could better be defined as scrip, which were essentially coupons redeemable only at specific businesses. However, the immense volume of issues produced by innumerable municipalities, firms, businesses, and individuals across Germany blurred the definition. Collectors tend to categorize by region or era rather than issuing authority (see below). Notgeld is different from occupation money (e.g. Japanese invasion money) that is issued by an occupying army during a war.
Notgeld (German for 'emergency money' or 'necessity money') is money issued by an institution in a time of economic or political crisis. The issuing institution...
and English) Hameln Notgeld (emergency banknotes) depicting the story of the Pied Piper of Hamelin http://webgerman.com/Notgeld/Directory/H/Hameln.htm...
site (in German) Bad Lippspringe Notgeld (Emergency banknotes from the town of Lippspringe) http://webgerman.com/Notgeld/Directory/L/Lippspringe1.htm One...
German Notgeld struck between 1921 and 1923, and the gambling tokens used as petty coinage in Siam with Chinese characters. The German porcelain Notgeld were...
(2): 1–5 – via academia.edu. Eiland, Murray (2010). "Heraldry on German Notgeld". The Armiger's News. 23 (3): 1–3, 12 – via academia.edu. Gwynn-Jones (1998)...
in Germany in the 1920s, particularly the Serienscheine (Series notes) Notgeld. The turning point occurred in the 1970s when notaphily was established...
Notgeld (emergency banknote) depicting two teams of horses attempting to separate the halves of a Magdeburg Hemisphere. http://webgerman.com/Notgeld...
Frankenhausen Frankenhausen Notgeld (emergency banknotes) depicting the Battle of Frankenhausen in woodcut. webgerman.com/Notgeld/Directory/F/Frankenhausen...
1879. Banknotes printed on pure silk "paper" include "emergency money" Notgeld issues from a number of German towns in 1923 during a period of fiscal...
issues of both tokens and paper money, known as Kriegsgeld (war money) and Notgeld (emergency money), were produced by local authorities. The Papiermark was...
its own set of euro coins. Miniassegni (sg.: miniassegno) were a type of notgeld that circulated in Italy in the late 1970s in place of change, as in that...
for the Lippe soldiers in 1815. This uniform was also depicted on the Notgeld issued by the city of Detmold in the 1920s and bottles of Lipper Schütze...
Thüringen Gebietsstand: 31.12.2022" (in German). Thüringer Landesamt für Statistik. June 2023. Kahla Notgeld (Strong beer) Kahla Notgeld (Chess series) v t e...
Dürkopp car was produced 1898–1927. After printing emergency money (German: Notgeld) in 1923 during the inflation in the Weimar Republic, Bielefeld was one...
Germany German adoption of the euro German euro coins German Papiermark and Notgeld German Reichsmark List of commemorative coins of the Federal Republic of...
media related to Lutter am Barenberge. Lutter am Barenberge at Curlie Notgeld (emergency banknotes) for the town of Lutter am Baranberge depicting King...
acknowledges debt. After World War I and World War II, scrip was used as notgeld ("emergency money") in Germany and Austria. Scrip was used extensively...