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1 Pfennig of Wilhelm I, 1874

Details

Period
Young Belgium (1830–1880)
Material
Copper
Condition
Good
Denomination
1 Pfennig
Currency
Mark, 1873-1914
Worth
1/100 Mark
Year
1874
Issuer
Germany
Ruler
Wilhelm I
Reference
Numista
Location
Blauberg (Herselt)
What could it buy?Indicative

For this period in general, not for this coin in particular.

In the 1840s a man in Belgian industry earned on average about 1.56 francs a day (0.80 franc in the flax industry). A 1-centime piece was therefore roughly one 150th of such a day's pay. Indicative: the figures come from one 1846 enquiry and do not hold for every region or sector.

Confidence: medium

Sources:

The story

1 Pfennig from 1874, issued in Germany under Wilhelm I. Still clearly legible.

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