


© Willem63 (CC BY-NC-SA)
1 Pfennig - Mönchengladbach (Gebrüder Meer) ND
Zinc | 1.1 g | 16.2 mm |
Issuer | City of Mönchengladbach (Prussian province of Rhine) |
---|---|
Type | Standard circulation coin |
Value | 1 Pfennig (0.01) |
Currency | Mark (1914-1924) |
Composition | Zinc |
Weight | 1.1 g |
Diameter | 16.2 mm |
Thickness | 1.0 mm |
Shape | Octagonal (8-sided) |
Technique | Milled |
Orientation | Medal alignment ↑↑ |
Demonetized | Yes |
Updated | 2024-10-04 |
Numista | N#284289 |
---|---|
Rarity index | 97% |
Reverse
Pearl rim, legend surrounding beaded circle with denomination centered
Script: Latin
Lettering:
KLEINGELDERSATZMARKE
1
★ ★ ★
Edge
Plain
Comment
Menzl: BBBFa: Maschinenfabrik
On December 10, 1872, the brothers Michael and Peter Meer founded in Mönchengladbach the “Gebr. Meer Maschinenfabrik und Eisengiesserei o.H. ". They manufactured steam engines and primarily supplied the strong textile industry on the Lower Rhine.
Interesting fact
One interesting fact about the 1 Pfennig - Mönchengladbach (Gebrüder Meer) ND coin is that it was minted during a time of economic turmoil in Germany. The coin was issued in the late 1920s, a period of hyperinflation in Germany, when the value of the German mark was rapidly decreasing. As a result, many Germans turned to alternative forms of currency, such as local notgeld (emergency money) and foreign currencies, like the US dollar. Despite this, the 1 Pfennig coin remained in circulation and was a widely used denomination during this time.