When Germany had witches on its banknotes

During the first world war and the economic crisis which followed there were cash shortages. Many German towns responded by issuing Notgeld, or emergency money. In order to popularise their Notgeld banknotes, many towns deployed ornate or funny designs. These included depictions of local legends and fairy tales – such as this example below of witches flying off for a gathering on the Brocken (tallest mountain in the Harz).

An exhibition of Notgeld, “Currency in Crisis,” starts next week at the British Museum in London, and runs until 29 March 2020.

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