© Willem63 (CC BY-NC-SA)
© Willem63 (CC BY-NC-SA)
1 Pfennig - Kempten
1920 year| Iron | 2.2 g | 15.5 mm |
| Issuer | City of Kempten (Federal state of Bavaria) |
|---|---|
| Period | Weimar Republic (1918-1933) |
| Type | Standard circulation coin |
| Year | 1920 |
| Value | 1 Pfennig (0.01) |
| Currency | Mark (1914-1924) |
| Composition | Iron |
| Weight | 2.2 g |
| Diameter | 15.5 mm |
| Thickness | 1.7 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#343333 |
|---|---|
| Rarity index | 91% |
Reverse
Solid line rim, denomination centered.
Script: Latin
Lettering:
1
PFENNIG
1920
Edge
Plain
Interesting fact
The 1 Pfennig - Kempten 1920 coin was minted during a time of economic turmoil in Germany, known as the "Inflationary Period" (1914-1923). During this time, the value of the German mark (the national currency) plummeted, and prices for everyday goods skyrocketed. As a result, many merchants and traders began to use alternative forms of currency, such as foreign coins or even commodity-backed currencies like the 1 Pfennig - Kempten 1920 coin, which was made of iron and had a relatively stable value compared to the inflated German mark. This coin is a tangible reminder of the economic challenges faced by Germany in the aftermath of World War I.