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10 Pfennig Ilse-Wohlfahrts-Gesellschaft
| Issuer | Ilse-Wohlfahrts-Gesellschaft m.b.H. |
|---|---|
| Year | |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Gutschein 10 Pfennige Ilse-Wohlfahrts-Gesellschaft m.b.H. Grube Ilse N.-L. ILSE |
| Reverse description | Printed entirely in pale green on white paper, the reverse centres a bold numeral '10' within a circular guilloche at the top, below which 'Pfennige' appears in Fraktur script within a rectangular panel. The issuer's full name and mine location are inscribed in a framed band across the middle, set against an overall background pattern of oak leaves and acorns. A lower text panel carries the redemption disclaimer in three lines of Fraktur script, with the printer's imprint 'Starke & Sachse Grossenhain' at the foot. |
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| Comments |
Ilse-Wohlfahrts-Gesellschaft m.b.H. was a welfare subsidiary of the Ilse-Bergbau AG lignite mining operation in central Germany. Company-issued Pfennig scrip of this kind functioned as internal currency, typically redeemable only at company stores — a system that tied wages back to the employer and was widespread in the German mining and industrial sectors during the inflationary and post-inflationary periods of the early 1920s. Starke & Sachse of Grossenhain were a regional printer responsible for a substantial volume of Notgeld and company scrip from Saxony during this period.