25 Pfennig Glatz notgeld

25 Pfennig Glatz notgeld

Date
c.1920
Code
CH/5/4/2/5/20
Level
Item
Repository
MoDA
Scope
This notgeld is from Glatz and has the value of 25 Pfennig. It shows a very stylised woman in the left hand corner and a man in the right. The inscription in German reads: 'Sparschaft bringt Barschaft' and translates as: 'Savings bring cash'. 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.