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10 Pfennig - Alfeld Fagus G.M.B.H.

Issuer Fagus G.M.B.H., Alfeld an der Leine
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Value 10 Pfennigs (10 Pfennige) (0.10)
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Reverse description Square zinc token reverse sharing the same beaded border treatment as the obverse. The company's stylized cursive trademark signature Fagus occupies the upper field in flowing script with an underline flourish. A central inner beaded square border contains the large numeral 10. The text KLEINGELDERSATZ — meaning small change substitute — is arranged vertically along the left and lower margins of the inner field, with the abbreviation Z. A. S. S. (Zahlungsmittel-Ausschuss-Satz-Schein) appearing along the right margin, identifying this piece as an officially sanctioned subsidiary currency token.
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Reverse lettering Fagus 10 KLEINGELDERSATZ
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Additional information

Fagus G.M.B.H. issued this notgeld token during the acute small-change shortages that plagued German industry in the early 1920s. The Fagus factory in Alfeld an der Leine — a shoe-last manufacturing plant designed by Walter Gropius and Adolf Meyer in 1911 — was among thousands of private firms forced to produce their own emergency coinage when the Reichsbank could not keep pace with inflation-driven coin hoarding. Zinc was the practical choice: cheap, available, and already familiar to wartime mint operations.

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