PM&M / Resources / Vocabulary :


is a term used to descibe supplementary money or a replacement currency issued by an institution normally not authorized for emission.

It is up to books on the matter to explain why, where and when; fact is that during 1916 and 1919 (and similar periods later on), some institutions introduced non-metal coins which were made from nearly everything, including leather, compressed coal dust, porcelain or quartz. Notgeld also includes all kinds of bank notes and such which were mostly printed on paper, but can also be found consisting of leather, linen or silk and even aluminium foil.


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