- 3 NOTGELD Emergency Notes 1921 from Germany1. 1 Mark2. 2 Mark3. 75 Pf2M Note has some wear on top edge- other notes have very little wear and may be uncirculated, see photos these are the exact notesHISTORY:When World War I broke out across Europe, German coinage quickly disappeared. Citizens fearful of losing their wealth began hoarding the coins, resulting in massive shortages. In response, Notgeld or “Emergency Money” paper currency was issued for everyday transactions. Everyone from a bank to a municipality to even private firms issued notes, many displaying beautifully colored and illustrated designs.
3 NOTGELD Emergency Notes 1921 from Germany, 1 Mark, 2 Mark, & 75 Pf