Germany - GDR Germany - GDR 1 pfennig, 1960-1975

1. Introduction: The Germany GDR 1 Pfennig coin, minted between 1960-1975, holds significant historical value as a representation of the German Democratic Republic's monetary system during that period. This aluminium coin serves as a fascinating numismatic artifact for collectors and history enthusiasts alike.
2. Historical Background: Issued by the German Democratic Republic, the 1 Pfennig coin was part of the country's currency system from 1960 until 1975. During this time, East Germany (DDR) utilized the Pfennig as a subdivision of its currency, reflecting the economic conditions and socialist ideology prevalent in the region.
3. Design Features: The obverse of the coin features the inscription "DEUTSCHE DEMOKRATISCHE REPUBLIK," encapsulating the official name of East Germany. On the reverse side, the denomination "1 PFENNIG" is prominently displayed above the letter "A." The simplicity of the design is characteristic of coins from this era, emphasizing functionality over ornamental value.
4. Technical Specifications: Weighing 0.75g and measuring 17.00mm in diameter, the Germany GDR 1 Pfennig coin is composed of aluminium. The lightweight nature of the coin, coupled with its small size, made it convenient for daily transactions within the socialist economy of East Germany.
5. Collectible Value: As a numismatic collectible, the Germany GDR 1 Pfennig coin holds both historical and aesthetic appeal. Its availability in the market varies based on the coin's condition, rarity, and demand among collectors. While individual coins may not command high monetary value, they are sought after for their significance in documenting East Germany's numismatic history.
6. Conclusion: In conclusion, the Germany GDR 1 Pfennig coin from the years 1960 to 1975 stands as a tangible link to the economic landscape of East Germany during that period. Its aluminium composition, simple yet symbolic design, and historical context make it a valuable addition to any numismatist's collection. By owning this coin, collectors can own a piece of history that embodies the spirit of a bygone era in German numismatics.

Coin Images

Obverse

Reverse