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SAXONY: Weimar Republic, iron inflation token, 1923, PCGS MS66

Currency:USD Category:Coins & Paper Money / World Coins - Europe Start Price:45.00 USD Estimated At:50.00 - 75.00 USD
SAXONY: Weimar Republic, iron inflation token, 1923, PCGS MS66
SOLD
95.00USD+ buyer's premium (20.00)
This item SOLD at 2026 Mar 17 @ 10:49UTC-07:00 : PDT/MST
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BUYER'S PREMIUM - The Buyer's Premium is $20 per lot or 20% of the hammer price, whichever amount is greater.
SAXONY: Weimar Republic, iron inflation token, 1923, J-71, 29mm iron "Hörnlein" medal; crouching woman in a pose of despair holding her arm over the shoulder of a nude child // 1923 / IM NOVEMB. KOST: / IN SACHSEN / 1 LITER MILCH / 300 MILLIARDEN MK. / 1 PFUND BUTTER / 2½ BILLIONEN MK. / 1 PFD. ZUCKER / 700 MILLIARRD., within wreath of thorns, a fantastic mint state example! PCGS graded MS66. During the Weimar Republic's hyperinflation of 1923, Sachsen (Saxony) saw the creation of "Hörnlein" medals, a form of emergency currency and satirical commentary on the soaring prices, featuring images and text reflecting the extreme economic hardship.