5 Pfennigs - Hohenwestedt ND front 5 Pfennigs - Hohenwestedt ND back
5 Pfennigs - Hohenwestedt ND photo
© Heritage Auctions Europe

5 Pfennigs - Hohenwestedt ND

 
Iron - 19.2 mm
Description
Issuer
Municipality of Hohenwestedt (Prussian province of Schleswig-Holstein)
Type
Standard circulation coin
Value
5 Pfennigs (5 Pfennige) (0.05)
Currency
Mark (1914-1924)
Composition
Iron
Diameter
19.2 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#342396
Rarity index
97%

Reverse

Pearl rim, legend surrounding rope circle with denomination centered

Script: Latin

Lettering:
KLEINGELDERSATZMARKE
5
★ ★ ★

Edge

Plain

Interesting fact

One interesting fact about the 5 Pfennigs - Hohenwestedt ND coin is that it was issued during a time of economic turmoil in Germany. The coin was minted in 1921, during the hyperinflation period that followed World War I, when the value of the German mark had dropped significantly. As a result, many Germans turned to alternative forms of currency, such as local coins like the 5 Pfennigs - Hohenwestedt ND, which were backed by the municipality and had a higher perceived value than the national currency. This coin is a tangible reminder of the economic challenges faced by Germany in the early 20th century.