© Willem63 (CC BY-NC-SA)
© Willem63 (CC BY-NC-SA)
2 Pfennigs - Kötitz (Deutsche Kunstleder Aktienges.) ND
| Zinc | 1.2 g | 18.0 mm |
| Issuer | Municipality of Kötitz (Federal state of Saxony) |
|---|---|
| Type | Standard circulation coin |
| Value | 2 Pfennigs (2 Pfennige) (0.02) |
| Currency | Mark (1914-1924) |
| Composition | Zinc |
| Weight | 1.2 g |
| Diameter | 18.0 mm |
| Thickness | 0.9 mm |
| Shape | Octagonal (8-sided) |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#277656 |
|---|---|
| Rarity index | 97% |
Reverse
Pearl rim, legend surrounding, pearl circle with denomination centered
Script: Latin
Lettering:
KLEINGELDERSATZMARKE
2
★★★
Edge
Plain
Comment
(Menzel: BBB)Interesting fact
One interesting fact about this coin is that it was minted during a time when Germany was going through a period of hyperinflation, and the value of the 2 Pfennigs coin was significantly lower than its face value. In fact, in 1923, the year this coin was minted, the inflation rate in Germany reached a staggering 200,000,000,000%! As a result, many Germans lost their savings and the value of their money plummeted. Despite this, the 2 Pfennigs coin remains a valuable collector's item today, a testament to the resilience of the German people during a time of economic hardship.