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Close
From 1914 to 1924, in connection with the First World War, the global crisis, cash shortages and hyperinflation, banknotes such as the Notheld began to be issued in Germany. They were characterized by the fact that they were not always made of paper: it could be aluminum foil, wood, silk; There are series of notgelds made of porcelain.
First issued in July 1914 in denominations of 1, 2, and 2.5 marks. In 1923, a new type appeared - inflationary notgeld.
During the period 1914-1924. approximately 100,000 notgeld (of various materials) were produced. Subsequently, such money was issued in Austria, France, Belgium and other European countries.