*What is notgeld?

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At the beginning of the war, 1914, the notgeld issues were drab and bland, with many issues having been signed and counter signed by hand. Some early notes in my collection have 3 hand written signatures on them. In 1921, when the phenomenom was at it's height, thousands upon thousands of 'sets' were being produced.....to meet the demand from the collectors and not to meet the shortage of small change, the original purpose of notgeld issues.

 

 

Above scan shows a set of 3 typical 'serienscheine' pieces, issued by the town of Blumenthal - (Lm.117). Below is a much scarcer set of 3 issued in Lage - (Lm.737)

 

Lage3front



In 1923, notgeld became affected by the 'runaway'or hyper-inflation that had hit the German economy and so inflationary notgeld began to emerge. Notgeld were issued with face values of billions of marks (1 billion was 1,000,000,000,000)!!!

Notgeld was usually only valid in its own town, or local area, ........as stated on the following verkehrsausgaben notgeld issue from Herzberg. It states:

'Nur gultig im Stadtbezirk Herzberg'......'Only valid in the town district of Herzberg'

Herzberg10pf

 

But......... notes were excepted in other places as well, especially at the time of the high inflation. Sometimes notes travelled through the whole German Reich (empire), more than 600 miles.

If a German banknote has the word Reichsbanknote on it, then it has been issued by the state. This would be rather like an English banknote having been issued by the Bank of England. If it is a 'Reichsbanknote' then it is not a piece of notgeld ('local issues' - notes issued by towns and villages etc.etc.) Most notgeld will have the name of a town on it. Some will say something like this; Gutschein der Stadt.........Gutschein der Gemeinde......... Gutschein translates as 'voucher'.

I am sorry that I am unable to answer any emails which relate to either of the following..... 'normal' (not overprinted) Reichsbanknotes and/or coins!

The overprinted propaganda Reichsbanknotes have become an off-spin interest for me, so I welcome emails about those!

If you join my GNCC, there are topics for all types of notgeld, which other notgeld collectors will hopefully share in your interests. Me......just interested in paper issues of Germany between 1914-1923, with an original face value of 1000m or below. Every collector will have their own boundaries of what they collect. There are no rules with collecting. Collect what you like and how you like!! ENJOY THE NOTGELD COLLECTING HOBBY!!!