1922, Germany, Ulm (City). Red BIscuit Porcelaine "12 Kreuzer" Notgeld/Medal.
Mint Year: 1922 Reference: Scheuch 581. Condition: Some marks on edge, otherwise XF! Denomination: Notgeld (Emergency Money) / Medal - Ulm City (12 Kreuzer) Material: red biscuit porcelaine Dimensions: 24mm Weight: 3.17gm
Notgeld (German for "emergency money" or "necessity money") refers to money issued by an institution in a time of economic or political crisis. The issuing institution is usually one without official sanction from the central government. This occurs usually when sufficient state-produced money is not available from the central bank. Most notably, notgeld generally refers to money produced in Germany and Austria during World War I and the Interbellum. Issuing institutions could be a town's savings banks, municipality and private or state-owned firms. Nearly all issues contained an expiry date, after which time they were invalid. Issues without dates ordinarily had an expiry announced in a newspaper or at the place of issuance.
Notgeld was mainly issued in the form of (paper) banknotes. Sometimes other forms were used, as well: coins, leather, silk, linen, wood, postage stamps, aluminium foil, coal, and porcelain; there are also reports of elemental sulfur being used, as well as all sorts of re-used paper and carton material (e.g. playing cards). These pieces made from playing cards are extremely rare and are known as Spielkarten, the German word for "playing card".
Notgeld was a mutually-accepted means of payment in a particular region or locality, but notes could travel widely. Some cases of Notgeld could better be defined as scrip, which were essentially coupons redeemable only at specific businesses. However, the immense volume of issues produced by innumerable municipalities, firms, businesses, and individuals across Germany blurred the definition. Collectors tend to categorize by region or era rather than issuing authority (see below). Notgeld is different from occupation money that is issued by an occupying army during a war.
The Free Imperial City of Ulm was a Free Imperial City of the Holy Roman Empire. It is situated on the left bank of the Danube, in a fertile plain at the foot of the Swabian Jura.
Ulm is mentioned as a demesne in 854, and under the Carolingian dynasty it was the scene of several assemblies. It became a town in 1027, and was soon the principal place in the Duchy of Swabia. Although burned down by Henry the Lion, the town soon recovered, becoming a Free Imperial City in 1155. Towards the close of the Middle Ages it played a leading part several times at the head of Swabian Leagues of the 14th century and 15th century. Its trade and commerce prospered, peaking in the 15th century, ruling over a district about 300 square miles (780 km2). It became a Free Imperial City with extensive territorial authority, and having a population of about 60,000. It became Protestant in 1530 and declined after the French Wars of Religion of the 16th century and 17th century. In 1802 it lost its Imperial immediacy and passed to Electorate of Bavaria, being ceded to Kingdom of Württemberg in 1810. In October 1805 General Karl Mack von Leiberich and his 23,000 Austrian troops capitulated to Napoleon here. Ulm is remarkable in the history of German literature as the spot where the Meistersingers lingered longest, orally preserving the traditional folklore of their craft.
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Posted by:
anonymous 2018-10-07 |