GERMANY 1 MARK

NOTGELD BANKNOTE

UNCIRCULATED

1920-21

RARE SERIENSCHEINE STYLE NOTGELD NOTE

CALBE ISSUE

Calbe is a town in the district of Salzlandkreis, in Saxony-AnhaltGermany.

SMALL BEAUTIFUL OLD NOTE - MINATURE WORK OF ART


Notgeld (German for "emergency money" or "necessity money" ; "monnaie de nécessité" in French) is the name of money issued by an institution not authorized for money emission. This occurs usually when money is not available from the central bank. The best known emergency money emissions occurred in Germany and Austria around the end of the First World War, which is why the German term is used. Issuing institutions could be e.g. townsavings banksmunicipalities, private and state-owned firms. It was therefore not legal tender, but rather a mutually-accepted means of payment in a particular locale or site. Notgeld is different from occupation money that is issued by an occupying army during a war.

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