Oldenburg notgeld

Date

c.1920

Code

CH/5/4/2/5/15

Level

Item

More details

This notgeld is from Oldenburg and has the value of 50 Pfennig. It shows an interior with a fire in the centre, a kettle is above the fire, there are five people sitting around the fire and a curled up dog is in the foreground. The inscription in German reads:' Deinem Herde' and translates as: 'Anyone who approaches your herd instantly feels that he is at home here, he presupposes himself so lucky . If his walking staff leads him through all the countries, you will remain his favorite country my Oldenburg!' This is one of sixty notgeld or 'emergency money' banknotes in the reference collection of packaging material which belonged to the designer Charles Hasler. Notgeld were produced by German towns, villages and municipalities from the end of the First World War until the mid 1920s, when the state bank (the Reichsbank), struggled with wartime metal shortages and post- war hyperinflation. The highly decorative notes soon became collectors items - and still remain to this day. They are double-sided and printed with their monetary value, information about the village, town or province of issue and some colourful illustration.

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