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5 Pfennige

Issuer Free City of Danzig
Year 1923-1928
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Currency Gulden (1923-1939)
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Obverse lettering 5 Pfennige Danzig
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Edge Plain
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Additional information

Danzig's interwar coinage exists because the Treaty of Versailles created an awkward political compromise: the city was too German to hand to Poland outright, too strategically vital to the Polish Corridor to leave under German sovereignty. The Free City arrangement, administered under League of Nations oversight from 1920, required its own currency infrastructure from scratch. The Danzig Mark — and later the Gulden — gave the city's mint a reason to produce small-denomination coinage through the mid-1920s.

Production of this type overlapped with the catastrophic inflation that destroyed the Mark, and the currency reform of 1923 that introduced the Danzig Gulden midway through this issue's run.

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