The Third Reich issued several different kinds of pfennig coins. This page is for 5 and 10 reichspfennigs, also known as reichskreditkassen, with the swastika, eagle, and hole at the center. Two other types appear on other CoinQuest pages:
- [Click here] for bronze pfennigs before 1941
- [Click here] for zinc pfennigs after 1941
The reichskreditkassen, with a hole, was a military issue minted in zinc for circulation in occupied territories. These are valuable coins.
Look at the coin in the picture. It is in superb numismatic condition and is for sale by U. Helmig for 1250 euros (about $1800 US dollars). Its 1940J date and mint mark are good ones, but the coin derives most of its value from the pristine condition it is in. In more humble condition, the values of these coins go down substantially:
5 PFENNIG WITH HOLE (5 Reichskreditkassen)
worn: $80 US dollars catalog value
average circulated: $170
well preserved: $300
fully uncirculated: $500
coins dated 1940A: less valuable, divide these values by six
coins dated 1940D: less valuable, divide these values by four
coins dated 1940G and 1941F: very valuable, catalog for $10000 in average circulated condition
10 PFENNIG WITH HOLE (10 Reichskreditkassen)
worn: $100 US dollars catalog value
average circulated: $200
well preserved: $500
fully uncirculated: $1000
coins dated 1940A: less valuable, divide these values by 10
coins dated 1940G: less valuable, divide these values by two
coins dated 1940J and 1941A: more valuable, multiply these values by three
coins dated 1940D and 1940E: very valuable, catalog for $5000 in average circulated condition
As you can see, a small change in condition can make a big difference in price. Please use our Important Terminology page to convert these catalog values to actual buy and sell values.
If you have a coin to sell, figure a coin dealer would pay about half the retail price to buy the coin from you. 100% mark-up margin is not uncommon for collectible coins.
CoinQuest thanks U. Helmig for use of their fine coin photo.