Monday, February 06, 2006

The art of emergency currency

The pied piper of Hameln leading away the mice

A nice example of German notgeld (emergency currency) issued by local municipalities and non-governmental organizations in the 1920s because of the total collapse of the German economy after WWI. The national currency became hyperinflated to the point of worthlessness and coins were being hoarded for their metal. Thousands of different designs illustrating aspects of local cultural and history proliferated, some amazingly nicely done. The currency shown here is from a series of 50 pfennig notes issued by the town of Hameln (sometimes Hamelin) in 1921 illustrating the whole pied piper tale. There are many more fine examples here.

And now leading away the children


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