© Willem63 (CC BY-NC-SA)
© Willem63 (CC BY-NC-SA)
2 Pfennigs - München (Gaswerk A.D.Dachauerstr.) ND
| Zinc | 1.5 g | 18.0 mm |
| Issuer | City of Munich (Federal state of Bavaria) |
|---|---|
| Type | Standard circulation coin |
| Value | 2 Pfennigs (2 Pfennige) (0.02) |
| Currency | Mark (1914-1924) |
| Composition | Zinc |
| Weight | 1.5 g |
| Diameter | 18.0 mm |
| Thickness | 1.2 mm |
| Shape | Round with a round hole (Hole 3mm) |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#341720 |
|---|---|
| Rarity index | 97% |
Reverse
Legend surrounding with denomination centered
Script: Latin
Lettering:
KEINGELDERSATZMARKE
2
Edge
Plain
Comment
Menzel: BBBInteresting fact
The 2 Pfennigs coin from Munich (Gaswerk A.D.Dachauerstr.) ND was minted during a time when Germany was going through a period of hyperinflation. In 1923, the inflation rate in Germany peaked at 200,000,000,000% per month, which meant that the value of the German mark was dropping rapidly. To combat this, the government introduced a new currency, the Rentenmark, which was pegged to gold and restricted the amount of money that could be printed. The 2 Pfennigs coin was part of this new currency system and was minted in zinc, a cheaper metal, to reduce production costs. Despite the economic challenges of the time, the coin still maintains a certain collectible value today.
