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Official blog of Gary’s Coin Shop — your trusted source for rare coins, historic banknotes, and the art and history of money. Explore collector guides, market insights, and photography tips curated by Gary D. Schatz.

German Notgeld: The Beautiful Chaos of Emergency Money

Imagine a time when a loaf of bread cost billions—literally.Between 1914 and 1924, Germany faced one of the most turbulent economic periods in history. War, shortages, and hyperinflation drove the nation to the brink. Amid the chaos, something remarkable emerged: Notgeld, or “emergency money.”

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