2 Pfennigs - Eldagsen 1920 front 2 Pfennigs - Eldagsen 1920 back
2 Pfennigs - Eldagsen 1920 photo
© Willem63 (CC BY-NC-SA)

2 Pfennigs - Eldagsen

1920 year
Iron 2.0 g 17.8 mm
Description
Issuer
City of Eldagsen (Prussian province of Hanover)
Period
Weimar Republic (1918-1933)
Type
Standard circulation coin
Year
1920
Value
2 Pfennigs (2 Pfennige) (0.02)
Currency
Mark (1914-1924)
Composition
Iron
Weight
2.0 g
Diameter
17.8 mm
Thickness
1.2 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#162208
Rarity index
91%

Reverse

Script: Latin

Lettering:
2
PFENNIG
• 1920 •

Edge

Plain

Comment

Issuing authority: [Stadt, Hannover]

Interesting fact

One interesting fact about the 2 Pfennigs - Eldagsen 1920 coin is that it was issued during a time of hyperinflation in Germany, specifically during the period known as the "Inflationary Period" (1914-1924). This period saw the value of the German mark drop significantly, leading to the creation of new coins and banknotes with higher denominations to keep up with the increasing prices. The 2 Pfennigs coin, made of iron and weighing 2.0 g, was one of the coins introduced during this time to help alleviate the shortage of small change in circulation. Despite its low value, the coin is now a rare and sought-after collector's item.