1 Pfennig - Znin 1918 front 1 Pfennig - Znin 1918 back
1 Pfennig - Znin 1918 photo
© WAG Online Auktions

1 Pfennig - Znin

1918 year
Iron - 16.2 mm
Description
Issuer
District of Znin (Posen) (Prussian province of Posen)
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
References
Numista
N#357605
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.