Germany (Westphalia): 1923 gilt tombac hyperinflationary 10,000-mark notgeld token PCGS MS64. Cert. #38640462. Numista-16928, Jaeger-20a, Funck-645.7. Gold-plated tombac. Diameter: 44.1 mm. Weight: 31.7 g. Mintage: 315,809. This notgeld token was issued during the period of economic instability in the Weimar Republic in Germany, between the World Wars. The resulting hyperinflation grew so rampant that emergency tokens like this were issued in ever larger and larger denominations- later in the hundreds of thousands of marks. Later still, there were tokens and paper currency with denominations in the millions and even billions of marks, as the currency became ever more worthless! Though its monetary value was destined to become meaningless not long after it was issued, this is a very handsome large token with attractive gilt surfaces. Ex-Halbedel Münzen und Medaillen, Germany, via MA-Shops storefront, 7 October 2019. Purchased raw. 008000
My father told that his dad would be paid twice a day and needed a satchel to carry the bills home. Buying a pound of butter required a stack of bills.
I've got just the guy to take care of this inflation problem. Norm MacDonald: You know the more I read about this ... guy, the more I don't care for him. Had to look up tombac, that's very interesting. And the coin is a beauty.