Jake's Special #77

The very first issue of German and Austrian emergency money, called "Notgeld" in German (Note meaning need or necessity and word Geld meaning money), appeared on July 31, 1914.

There were several reasons for issuing this emergency money: shortages of silver coins due to rising silver prices, copper and nickel coins were melted down and the metal reused for the war effort and, last but not least was widespread coin hoarding in general. This resulted in a severe shortage of coins in circulation which lead to the issuing of these Notgeld, which were than used as money. They were issued by various cities, towns, clubs and private organizations.

We are offering these interesting, attractive and very colorful historic notes, in groups of ten different, for the collector who desires something really different to add to his or her collection.

Order your assortment today!