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    Mystery Flag

    Greetings,

    Is anyone able to shed any information concerning this flag?

    Thx in advance

    #2
    pic

    pic
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      #3
      Spar Verein = Savings association.

      Originally posted by midwaymilitaria View Post
      Greetings,
      Is anyone able to shed any information concerning this flag?
      Thx in advance
      Hello mm:
      Appears to be a savings association flag in Torgau.

      I note the following about Spar Verein via google ...
      "Savings associations, and savings clubs, are part of the
      club culture in the German-speaking countries and arrived
      mid-19th century. In addition to the concern of common savings,
      the common sociability played a role. Currently savings associations
      are also on the rise as microfinance institutions in West and
      Central Africa as well as in parts of Southeast Asia.
      Savings clubs
      also played a role as apron organization in the
      establishment of a
      (mostly) cooperative banking institution
      such as construction,
      production and trade cooperatives. The
      term is found several times
      as part of the name of corresponding
      institutes. ... The Vereinsparen
      in Germany experienced after the
      First World War, a heyday, but came
      almost completely to a standstill
      during the Second World War . The
      cooperatives were collected in
      the German Labor Front , the donations
      were set up centrally,
      among others, at the Winterhilfswer ..."
      ......OFW
      Attached Files
      Last edited by oldflagswanted; 09-18-2019, 06:52 PM.
      sigpic
      .......^^^ .................... some of my collection ...................... ^^^...

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