100 Pfennigs - Neusalz a. Oder (Gruschwitz Textilwerke Akt. Ges.) ND front 100 Pfennigs - Neusalz a. Oder (Gruschwitz Textilwerke Akt. Ges.) ND back
100 Pfennigs - Neusalz a. Oder (Gruschwitz Textilwerke Akt. Ges.) ND photo
© Willem63 (CC BY-NC-SA)

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

 
Iron 3.9 g 25.4 mm
Description
Issuer
City of Neusalz (Silesia) (Prussian province of Silesia)
Type
Standard circulation coin
Value
100 Pfennigs (100 Pfennige)
Currency
Mark (1914-1924)
Composition
Iron
Weight
3.9 g
Diameter
25.4 mm
Thickness
1.2 mm
Shape
Octagonal (8-sided)
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#285012
Rarity index
97%

Reverse

Pearl rim, with denomination centered

Script: Latin

Lettering: 100

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, specifically during the hyperinflation period of the 1920s. The coin's value of 100 Pfennigs was significant at the time, but due to the inflation, it quickly lost its value and became nearly worthless. Despite this, the coin remains an interesting piece of history and a reminder of the economic challenges faced by Germany in the early 20th century.