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50 Pfennigs - Guben
1918 yearIron | 3.6 g | 24.4 mm |
Issuer | City of Guben (Prussian province of Brandenburg) |
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Type | Standard circulation coin |
Year | 1918 |
Value | 50 Pfennigs (50 Pfennige) (0.50) |
Currency | Mark (1914-1924) |
Composition | Iron |
Weight | 3.6 g |
Diameter | 24.4 mm |
Thickness | 1.0 mm |
Shape | Octagonal (8-sided) |
Technique | Milled |
Orientation | Medal alignment ↑↑ |
Demonetized | Yes |
Updated | 2024-10-04 |
Numista | N#341384 |
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Rarity index | 93% |
Reverse
Pearl rim, with denomination centered
Script: Latin
Lettering:
50
1918
Edge
Plain
Interesting fact
The 50 Pfennigs - Guben 1918 coin was issued during a time of economic turmoil in Germany, known as the "Inflationary Period" (1914-1923). During this time, the value of the German mark (the national currency) plummeted, and prices for everyday goods skyrocketed. As a result, many Germans turned to alternative forms of currency, such as local emergency currencies like the 50 Pfennigs - Guben 1918 coin. These coins were issued by local municipalities and were backed by the city's credit, rather than the national government. Despite their humble appearance, these coins played an important role in helping people purchase essential goods and services during a time of economic uncertainty.