|Generally, “notgeld” is money issued during a time of economic or political crisis, often by an institution without official sanction from the government, at a time when money is not readily available from the government central bank. Most commonly, notgeld were issued in Germany from World War I through the period of hyperinflation in the early 1920s. Notgeld was often in the form of paper money, but was also issued in coins of various compositions. The piece offered here is a notgeld issue from 1917 Unna Germany 10 Pfennig struck in iron which has been graded MS66 by NGC and is encapsulated in the newer-style edge-view holder. The coin has been cataloged in the Lamb reference as 539.5 and is the more rare smooth edge variety. Obtaining a notgeld issue struck in iron in the MS66 condition is extraordinary and none of this variety have been graded higher by NGC. This well-struck coin has proof like mirrored fields as seen in the alternate photos and video provided. The coin virtually no hits or marks, but does have some very light spotting which is seen in the close up photos, but which is barely discernable when viewed in hand. An amazing top pop iron notgeld specimen.
Because of the difficulty in capturing the overall look of the coin in a single image, I have also included a short high-definition video of the coin towards the bottom of this listing in an attempt to give you a better idea of what this coin will look like in hand. Please note that you may need to adjust the video quality to 1080p and may need to increase the size of the video to full screen in order to see the coin in maximum detail.