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Friday, May 24, 2013

1925-A German 2 Reichspfennig!


 All hail the Weimar Republic! It is because of them that Germany was able to produce this coin. Germany's economy was plagued by serious inflation during and after WWI when they began using the Papiermark. Often times wages earned in the morning would be worthless by the evening. Following the Weimar Constitution, a new Mark was issued which was worth 1 trillion times the Papiermark's value, thus ridding them of the inflation problem. Silver coins were reintroduced, though they were worth less than the old, pre WWI Goldmark coins. The above coin is worth about $0.50.

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