10 Pfennigs - Neusalz a. Oder (Gruschwitz Textilwerke Akt. Ges.) ND front 10 Pfennigs - Neusalz a. Oder (Gruschwitz Textilwerke Akt. Ges.) ND back
10 Pfennigs - Neusalz a. Oder (Gruschwitz Textilwerke Akt. Ges.) ND photo
© Willem63 (CC BY-NC-SA)

10 Pfennigs - Neusalz a. Oder (Gruschwitz Textilwerke Akt. Ges.) ND

 
Brass plated zinc 2.3 g 20.7 mm
Description
Issuer
City of Neusalz (Silesia) (Prussian province of Silesia)
Type
Standard circulation coin
Value
10 Pfennigs (10 Pfennige) (0.10)
Currency
Mark (1914-1924)
Composition
Brass plated zinc
Weight
2.3 g
Diameter
20.7 mm
Thickness
0.9 mm
Shape
Octagonal (8-sided)
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#285009
Rarity index
97%

Reverse

Pearl rim, with denomination centered

Script: Latin

Lettering: 10

Edge

Plain

Comment

Menzel: BBB

In 1816 the master weaver Johann David Gruschwitz decided to start his own business. In the Silesian town of Neusalz.

Interesting fact

One interesting fact about this coin is that it was issued during a time of great economic and political change in Germany. The 10 Pfennigs coin was introduced in 1924, during the hyperinflation period that followed World War I, when the value of the German mark plummeted and the cost of living skyrocketed. In response, the government introduced a new currency, the Rentenmark, which was pegged to gold and helped to stabilize the economy. The 10 Pfennigs coin was part of this new currency system and was used widely in everyday transactions. Despite its small denomination, the coin is a tangible reminder of a significant moment in German history.