50 Pfennigs - Guben 1918 front 50 Pfennigs - Guben 1918 back
50 Pfennigs - Guben 1918 photo
© Willem63 (CC BY-NC-SA)

50 Pfennigs - Guben

1918 year
Iron 3.6 g 24.4 mm
Description
Issuer
City of Guben (Prussian province of Brandenburg)
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
References
Numista
N#341384
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.