1 Pfennig - Gardelegen ND front 1 Pfennig - Gardelegen ND back
1 Pfennig - Gardelegen ND photo
© Willem63 (CC BY-NC-SA)

1 Pfennig - Gardelegen ND

 
Zinc 1.0 g 16.3 mm
Description
Issuer
District of Gardelegen (Prussian province of Saxony)
Type
Standard circulation coin
Value
1 Pfennig (0.01)
Currency
Mark (1914-1924)
Composition
Zinc
Weight
1.0 g
Diameter
16.3 mm
Thickness
0.8 mm
Shape
Octagonal (8-sided)
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#340549
Rarity index
91%

Reverse

Pearl rim, legend circling pearl circle with denomination centered

Script: Latin

Lettering:
KRIEGSNOTGELD KREIS GARDELEGEN
1

Edge

Plain

Interesting fact

The 1 Pfennig - Gardelegen ND coin was minted during a time of great economic and political change in Germany. The coin was issued in 1922, just a few years after the end of World War I, which had a profound impact on the German economy. The country was experiencing hyperinflation, with prices increasing by a factor of 100 trillion (that's 100,000,000,000) between 1920 and 1923. This coin, made of zinc and weighing only 1.0 g, was a response to the economic crisis, as the government tried to introduce a new currency that would stabilize the economy and restore confidence in the mark. Despite these efforts, the coin's value was eventually rendered obsolete by the inflation, and it is now a rare and interesting collector's item.