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1 Pfennig - Znin
1918 yearIron | - | 16.2 mm |
Issuer | District of Znin (Posen) (Prussian province of Posen) |
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Type | Standard circulation coin |
Year | 1918 |
Value | 1 Pfennig (0.01) |
Currency | Mark (1914-1924) |
Composition | Iron |
Diameter | 16.2 mm |
Shape | Octagonal (8-sided) |
Technique | Milled |
Orientation | Medal alignment ↑↑ |
Demonetized | Yes |
Updated | 2024-10-04 |
Numista | N#357605 |
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Rarity index | 97% |
Reverse
Pearl rim, legend surrounding rope circle with denomination centered
Script: Latin
Lettering:
KLEINGELDERSATZMARKE
1
★ ★ ★
Edge
Plain
Interesting fact
The 1 Pfennig - Znin 1918 coin was issued during a time of great 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 - Znin 1918 coin was part of this Notgeld currency, and it was made of iron, which was a more affordable and accessible material than other metals at the time. Despite its humble composition, the coin remains a valuable collector's item today, with some mint conditions selling for hundreds of dollars.