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1 pfennig

Part of the collection: Scrip

Popularization note

The scarcity of official small coins during the First World War in Germany resulted in the mass minting of their local equivalents. Large commercial businesses experiencing customer service problems also joined in the issuing of replacement coins. One of these was Rudolph Karstadt's department store in Szczecin. It commissioned two series of replacement coins through the company L. Chr. Lauer of Nuremberg. The first zinc octagonal tokens were probably struck in the following four denominations: 1, 5, 10 and 50 pfennig. With some experience of the market demand, a larger number of 1-pfennig were then ordered, this time struck in iron. The large issue of this coin is evidenced by the existence of several varieties of stamps, which wore out much more quickly when in contact with iron blanks than when working with the more yielding zinc. The coin presented here was issued in the second edition. A point to note is that zinc was a strategic material, more difficult to obtain, so minting coins in iron was probably less costly. On the other hand, iron coins were much more resistant to wear in circulation and to corrosive agents than zinc, which probably also led to the choice of this metal. Therefore, both cheaper and more practical money was available. Unfortunately, the replacement coins minted by a number of issuers (more than 18,200 are known) did not remain in circulation for long. The population hoarded all metal money en masse as a kind of alternative to the bullion coins already withdrawn from circulation. Additionally, the mintage was after all too small with respect to the needs. Mieszko Pawłowski

Information about the object

Information about this object

Other names

1 Pfennig, Notgeld

Author / creator

Lauer, Ludwig Christoph (1817–1873)
issuer: Warenhaus Rudolph Karstadt, Stettin (1916-1945)
producer: L. Chr. Lauer, Norymberga (1860- )

Object type

token coin

Technique

coining

Material

iron

Origin / acquisition method

acquisition

Creation time / dating

1901 — 1925

Creation / finding place

powstanie: Norymberga (Niemcy), Pomorze, prowincja historyczna (Rzesza Niemiecka)

Owner

Muzeum Narodowe w Szczecinie (1945- )

Identification number

MNS/N/8714

Location / status

object on display Muzeum Narodowe w Szczecinie – Muzeum Tradycji Regionalnych, ul. Staromłyńska 27, Szczecin

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