# Substitute coins

- Canonical URL: https://www.gerhardmerk.de/substitute-coins
- Post ID: 594095
- Modified: 2023-07-25T21:11:29+00:00
- Language: en

## Definition

Designation for the aluminum pieces ("aluminum talers," from 500 marks upward) minted in Germany from 1923 onward as a stopgap measure for the circulation coins that were insufficient as a result of inflation. They were legal tender; however, no one was obliged to accept pieces in payment in excess of twenty times the face value of the individual coin. However, within a short time, these replacement coins had succumbed to rising inflation and had become completely worthless. Today they are a coveted collector's item. - See makeshift bill, railroad money, substitute money, monetary stability, inflation, galloping, emergency money, obsidional coins, parchment. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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