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1 Pfennig - München BMW

Issuer Bayerische Motoren Werke (BMW), Munich
Year 1923
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Technique Milled
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Obverse script Latin
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Reverse description The circular legend 'KLEINGELDERSATZMARKE' (small change substitute token) runs around the entire periphery of the reverse, interrupted at the base by two small pellets serving as stops. The large numeral '1' dominates the central field, straddling the central round perforation, denoting the face value of one Pfennig. The overall design is plain and functional, consistent with the emergency coinage of the German inflation period.
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Reverse lettering KLEINGELDERSATZMARKE 1 ●●●
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