1 Pfennig - Peine ND (1918) front 1 Pfennig - Peine ND (1918) back
1 Pfennig - Peine ND (1918) photo
© Willem63 (CC BY-NC-SA)

1 Pfennig - Peine ND

1918 year
Iron 1.5 g 16.2 mm
Description
Issuer
City of Peine (Prussian province of Hanover)
Type
Standard circulation coin
Year
1918
Value
1 Pfennig (0.01)
Currency
Mark (1914-1924)
Composition
Iron
Weight
1.5 g
Diameter
16.2 mm
Thickness
1.1 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#161916
Rarity index
86%

Reverse

Pearl rim, legend surrounding rope circle with denomination centered

Script: Latin

Lettering:
KLEINGELDERSATZMARKE
1
★ ★ ★

Edge

Plain

Comment

Issuing agency: [Stadt, Hannover].Automatically translated

Interesting fact

The 1 Pfennig coin from Peine (Prussian province of Hanover) made of Iron weighing 1.5g has an interesting fact that it was produced during a time of economic and political turmoil in Germany. The coin was minted in 1918, a year before the end of World War I, and during a period of hyperinflation in Germany, which saw the value of the German mark drop significantly. This coin, made of iron, was a response to the shortage of other metals, like copper and silver, which were traditionally used for coinage. It's a unique piece of history that reflects the economic challenges faced by Germany during that time.