50 Pfennig German Democratic Republic (1949-1990) Bronze/Brass/Al ...

Issue year(s):
1950

Catalog reference:



1950, East Germany (DDR). Aluminum-Bronze 50 Pfennig Coin. Scarce 2-Year Type!

Mint year: 1950 Mint Place: Berlin (A) Denomination: 50 Pfennig Reference: KM-4 ($25 in XF!) Condition: Minor deposits in reverse, otherwise a nice AU+ Material: Aluminum-Bronze Diameter: 20mm Weight: 3.29gm

The German Democratic Republic (GDR; German: Deutsche Demokratische Republik or DDR), informally known in English as East Germany, was a state within the Eastern Bloc during the Cold War period. From 1949 to 1990 it governed a region of Germany which was occupied by Soviet forces at the end of the Second World War — the Soviet Occupation Zone of the Potsdam Agreement, bounded on the east by the Oder-Neisse line. The Soviet zone surrounded West Berlin, but did not include it; as a result, West Berlin remained outside the control of the GDR.

Soviet occupation authorities began transferring administrative responsibility to German communist leaders in 1948, and the GDR began to function as a state on 7 October 1949. Soviet forces however remained in East Germany throughout the Cold War, and in 1953 they helped the GDR police to suppress a popular uprising. Until 1989, political power in the GDR was monopolized by the Soviet-backed communist party, the Socialist Unity Party of Germany (SED). Other parties could only function within the SED-dominated National Front of Democratic Germany. The Stasi security force was used to repress dissent.

The economy was centrally planned, and predominantly state owned. A subsidy system was used to keep down the prices of a large range of basic goods and services. Although the GDR had to pay substantial war reparations to the USSR, it became the richest economy in the Eastern Bloc. Nonetheless it did not match the economic growth of West Germany. Emigration to the West was a significant problem — as many of the emigrants were young well-educated people, it further weakened the state economically. The government tried to stop people leaving by fortifying its western borders and in 1961 by establishing the Berlin Wall. Several hundred people were killed by border guards.

In 1989, a peaceful revolution in the GDR led to the destruction of the Berlin Wall and emergence of a government committed to democratization. The following year, free elections were held, and international negotiations led to the signing of the Final Settlement treaty on the status and borders of Germany. The GDR was dissolved and Germany was reunited on 3 October 1990.


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5  coins in the group

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Posted by: anonymous  2018-03-21
1950, East Germany (DDR). Aluminum-Bronze 50 Pfennig Coin. Scarce 2-Year Type! Mint year: 1950 Mint Place: Berlin (A) Denomination: 50 Pfennig Reference: KM-4 ($25 in XF!) Condition: Minor deposits in reverse, otherwise a nice AU+ Material: Aluminum-Bronze Diameter: 20mm Weight: ...

(1125 X 420pixels, file size: ~95K)
Posted by: anonymous  2015-07-01
GERMANY-EAST 1950A 50 Pfennig VF

(805 X 400pixels, file size: ~70K)
Posted by: gcoins  2010-08-24
ГДР 50 пфеннигов (1950 г.) Латунь

(258 X 124pixels, file size: ~10K)
Posted by: spider  2014-06-04
KM# 4 50 PFENNIG3.3800 g., Aluminum-Bronze Obv: Denomination above dateRev: Man and cart in front of buildings with tall smokestacks Germany DDR 1949
Articles
Origin of name for Pfennig monetary unit   The name "Pfennig" for the monetary unit has its origins in Germanic languages, particularly Old High German. The word "Pfennig" (plural: Pfennige) translates to "penny" in English.The Pfennig was originally a small silver coin used in the Holy Roman Empire and other German-speaking regions during the Middle Ages. It was often subdivided into ...

Sold for: $8.0
Untitled Document 1477, Archduke Sigismund of Austria. Silver Kreuzer Coin. Corroded Fine! Mint Year: ca. 1477Privy Mark: Diamond Mint Place: Hall (Tyrol) References: CNA 3 ...

Sold for: $16.0
1477, Archduke Sigismund of Austria. Silver Kreuzer (Tirolino) Coin. VF Condition: VF Privy Mark: Diamond Mint Period: 1477-1496 Mint Place: Hall (Tyrol) Denomination: Kreuzer (T ...

Sold for: $23.0
1644, Salzburg, Count Paris von Lodron. Scarce Silver Pfennig Coin. XF! Condition: XF! Mint Year: 1644 Reference: KM-82. Mint Place: Salzburg Denomination: Pfennig Ruler: Count Par ...
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