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

50 Pfennigs - Peine ND

1918 year
Iron 3.8 g 25.5 mm
Description
Issuer
City of Peine (Prussian province of Hanover)
Type
Standard circulation coin
Year
1918
Value
50 Pfennigs (50 Pfennige) (0.50)
Currency
Mark (1914-1924)
Composition
Iron
Weight
3.8 g
Diameter
25.5 mm
Thickness
1.2 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#349839
Rarity index
92%

Reverse

Pearl rim, legend surrounding pearl circle with denomination centered

Script: Latin

Lettering:
KLEINGELDERSATZMARKE
50
★ ★ ★

Edge

Plain

Interesting fact

One interesting fact about the 50 Pfennigs - Peine ND (1918) coin is that it was issued during a time of economic turmoil in Germany, known as the "Inflationary Period" (1914-1924), when the value of the German mark plummeted, and the prices of goods and services skyrocketed. To combat this issue, the government issued coins with lower denominations, like the 50 Pfennigs, to help people purchase everyday items. Despite its low value, this coin is a unique piece of history that reflects the economic challenges faced by Germany during that time.