© Willem63 (CC BY-NC-SA)
50 Pfennigs - Marktredwitz ND
Iron | 3.6 g | 23.7 mm |
Issuer | City of Marktredwitz (Federal state of Bavaria) |
---|---|
Type | Standard circulation coin |
Value | 50 Pfennigs (50 Pfennige) (0.50) |
Currency | Mark (1914-1924) |
Composition | Iron |
Weight | 3.6 g |
Diameter | 23.7 mm |
Thickness | 1.1 mm |
Shape | Round |
Technique | Milled |
Orientation | Medal alignment ↑↑ |
Demonetized | Yes |
Updated | 2024-10-04 |
Numista | N#228448 |
---|---|
Rarity index | 90% |
Reverse
Pearl rim, denomination centered
Script: Latin
Lettering: 50
Edge
Plain
Interesting fact
One interesting fact about the 50 Pfennigs - Marktredwitz ND coin is that it was minted during a time when Germany was going through a period of rapid inflation, known as the "Inflation of the 1920s." This inflation was caused by a combination of factors, including the government printing too much money and the cost of World War I reparations. As a result, the value of the German mark (the currency at the time) plummeted, and everyday items like bread and milk became extremely expensive. The 50 Pfennigs coin, which was worth 50/100 of a mark, was a common denomination during this time and was used for everyday transactions. Despite the economic challenges of the time, the coin remains a fascinating piece of history and a reminder of the economic struggles that Germany faced in the early 20th century.