© gyoschak (CC BY-NC-SA)
© gyoschak (CC BY-NC-SA)
1 Pfennig - Eisleben Mansfeldsche Gewerkschaft
1918 year| Iron | 1.43 g | 17.5 mm |
| Issuer | City of Eisleben (Prussian province of Saxony) |
|---|---|
| Type | Standard circulation coin |
| Year | 1918 |
| Value | 1 Pfennig (0.01) |
| Currency | Mark (1914-1924) |
| Composition | Iron |
| Weight | 1.43 g |
| Diameter | 17.5 mm |
| Thickness | 1.1 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#105080 |
|---|---|
| Rarity index | 83% |
Reverse
Pearl rim, legend surrounding denomination
Script: Latin
Lettering:
MANSFELDSCHE GEWERKSCHAFT
1
• EISLEBEN •
Comment
Menzel: BBBInteresting fact
The 1 Pfennig - Eisleben (Mansfeldsche Gewerkschaft) 1918 coin was minted during a time of economic and political turmoil in Germany. The country was facing severe inflation, and the value of the German mark had dropped significantly. In response, the government introduced a new currency, the "Notgeld," which was backed by the value of gold and other precious metals. The 1 Pfennig - Eisleben (Mansfeldsche Gewerkschaft) 1918 coin was part of this Notgeld currency, and its value was pegged to the value of iron, which was a key industrial metal at the time. This coin is a rare example of a currency that was minted during a time of economic upheaval, and it serves as a reminder of the economic challenges faced by Germany in the early 20th century.
