-40%

Austria Notgeld note set paper money 8 mixed pieces nice group

$ 5.28

Availability: 100 in stock
  • Type: Notgeld
  • Modified Item: No
  • Refund will be given as: Money back or replacement (buyer's choice)
  • Restocking Fee: No
  • All returns accepted: Returns Accepted
  • Return shipping will be paid by: Seller
  • Item must be returned within: 30 Days
  • Grade: Ungraded
  • Certification: Uncertified
  • Country: Austria
  • Year: 1921
  • Circulated/Uncirculated: Uncirculated

    Description

    Austria Notgeld note set, paper money, 8 mixed pieces, very nice group
    you get the exact notes shown in the picture.
    Around the time of World War I, Germany plunged into one of their worst inflations ever.  Paper and metals were being used for the war effort, so their money was in short supply. It seems as if the state banks allowed city banks, small towns, all manner of public bodies, the German railway departments and even private companies to print emergency money commonly known as notgeld.
    Many towns and villages began to print their own money, they would print notes that depicted their town's buildings, industry or local people.  This emergency money was usually only valid in the town that produced it. As time went on, the notes became more detailed and colorful. It is of little wonder why collectors seem to like notgeld.
    In addition to Germany, notgeld was also printed in Austria, Poland, Denmark, Russia and Lithuania.
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