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

 
Iron 2.5 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
Iron
Weight
2.5 g
Diameter
20.7 mm
Thickness
1.1 mm
Shape
Octagonal (8-sided)
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#285011
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 economic turmoil in Germany. The 10 Pfennigs coin was introduced in 1923, during the hyperinflation period that followed World War I, when the value of the German mark had dropped significantly. The coin was made of iron, which was a cheaper alternative to other metals, and it weighed only 2.5 grams, making it one of the lightest coins in circulation at the time. Despite its low value, the coin was still widely used in everyday transactions, reflecting the economic challenges faced by the German people during that period.