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1 Pfennig - Augsburg Stadtbachspinnerei

Issuer Stadtbachspinnerei Augsburg
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Diameter 16.2 mm
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Obverse description Outer pearl border follows the octagonal periphery of the token. A circular inner legend, reading STADTBACHSPINNEREI above and * AUGSBURG * below, encloses a secondary pearl ring. Within this inner ring, the large numeral '1' is prominently struck in the center of the field, serving as the denomination indicator.
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Obverse lettering STADTBACHSPINNEREI 1 AUGSBURG
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Additional information

The Stadtbachspinnerei was a textile spinning mill on Augsburg's Stadtbach canal, one of the water-powered industrial operations that made Augsburg a center of early German manufacturing. This iron pfennig is notgeld — emergency factory coinage issued during the acute small-change shortages of World War I, when copper and nickel were requisitioned for the war effort and official coinage essentially vanished from everyday transactions. Firms issued their own tokens to pay workers in fractional amounts and keep internal canteen or store systems functioning.

Iron was the default substitute material for most industrial issuers, corroding readily in circulation, which accounts for why clean survivors are uncommon.

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