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All Forums Category: World Coins and Currency Forums Forum: World Coins and Commemoratives

East Germany 1 Pfennig 1990A

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gregstempfle
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United States
14 Posts
 Posted 01/06/2014  2:12 pm Show Profile   Bookmark this topic Add gregstempfle to your friends list Get a Link to this Message Number of Subscribers
I am almost done with my East Germany minor coin collection. I am sticking with coins that were issued for circulation, not just released in sets.

This brings me to the anomalous 1990A 1 pfennig.
The mintage is listed as 1,5670,000 however, I rarely see them on ebay and have never seen it go for less than $20.
I have 29 other East German minor coins with a smaller mintage than this.

Were these ever released into circulation or were they almost all melted down after reunification?
chrisild
Pillar of the Community
Germany
1238 Posts
 Posted 01/07/2014  06:00 am  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply
You may want to append a zero. ;) Mintage of that piece (1 Pf 1990) was 15,673,600 ... Other 1 Pfennig coins with low mintages (1972, 1973) are similarly expensive. Whether they were melted down, I don't know.

By the way, the GDR replaced its currency with the DM (the Federal Republic's currency) on 1 July 1990. The country did not join the Federal Republic of Germany until 3 October 1990 -- and the GDR pfennig denominations (1 Pf to 50 Pf) even stayed in circulation, in the Eastern states, until the end of June 1991.

Christian
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All Forums Category: World Coins and Currency Forums Forum: World Coins and Commemoratives



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