No more than 50 estonian krones.
1 zinc pfennig $2 to $5 5 zinc pfennig $3 to $6 10 zinc pfennig $5 to $15 1 copper pfennig $4 to $8 2 copper pfennig $5 to $15 50 aluminum pfennig $15 to $35 5 & 10 brass pfennig $25 2 & 5 silver reichsmark $5 to $10 above spot
That is the mintmark of the Munich mint on this German 50 pfennig.
Neither "the" 1950 German pfennig nor any other mark- or pfennig-denominated coin is still in circulation in Germany. Remember that Germany switched to euros in 2002.
A pfennig was 1/100 of the German unit of currency
1 zinc pfennig $2 to $5 5 zinc pfennig $3 to $6 10 zinc pfennig $5 to $15 1 copper pfennig $4 to $8 2 copper pfennig $5 to $15 50 aluminum pfennig $15 to $35 5 & 10 brass pfennig $25 2 & 5 silver reichsmark $5 to $10 above spot
It is worth nothing. The Germans no long use the mark, but are on the Euro. When it was used a 50 pfennig was about 5 cents. One pfennig was a penny.
It's made of copper-plated steel.
About 25 Euro Cent
A pfennig was one hundredth of the German unit of currency, the DMark. Since this was replaced by the Euro, a pfennig has no currency exchange value.
1 zinc pfennig $2 to $5 5 zinc pfennig $3 to $6 10 zinc pfennig $5 to $15 1 copper pfennig $4 to $8 2 copper pfennig $5 to $15 50 aluminum pfennig $15 to $35 5 & 10 brass pfennig $25 2 & 5 silver reichsmark $5 to $10 above spot
50