This was a common circulation coin until 2002 when Germany adopted the euro as its currency. At the exchange rate in effect at that time it would be worth about 0.5 US cents. Today coins in average condition have little or no extra value. Even those in uncirculated condition retail for at most €1.
Its intrinsic value is about half of a US cent. It's a common practice in Germany to plate 1-pfennig (and now 1-cent) coins for use in jewelry and as small gifts. The plating is usually brass rather than gold.
For example there are dozens of shops along Berlin's famous Friedrichstraße where you can buy jewelry that incorporates plated 1-cent (and old 1-pf) coins.
As of 05/2013, an uncirculated 1983 1 pf coin might retail for a bit less than €1.00 (about US$1.30).
If it has any circulation wear, it has no added value. At the time Germany adopted the euro, its exchange value was about half a US cent.
In average condition it has no particular collector value except as a conversation piece.
It was an ordinary circulation coin until 2002 when Germany switched to the euro. At that time a common 2 pf coin was worth around one US cent.
Until Germany switched to the euro in 2002, it was an ordinary circulation coin worth only face value - about 1/2 a U.S. cent at that time.
What ever some is will to pay for it.
A pfennig coin made in Germany in 1969 typically has a collector's value rather than a significant face value as the Deutsche Mark ceased to be the currency in 2002. Depending on its condition and rarity, a 1969 pfennig coin could be worth a few cents to a few dollars to a collector.
A pfennig was 1/100 of the German unit of currency
It's German, clearly, but you need to provide its denomination. Please post a new question with that info as well as the mint mark (A = Berlin). 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
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
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
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
Since "Deutschland" is German for the country of Germany, the coin in question would be from Germany. "Penny" here is a bit of a misnomer, however, since the equivalent of a penny in German currency would have been a "Pfennig." There were Pfennig coins in circulation from the 9th century until the introduction of the Euro/cent in 2002. It was in 1873 with the introduction of the Gold Mark its division by 100 to equal 100 Pfennige that 1 Pfennig was assigned the value of a penny (or one cent). Previously, the Pfennig had been a coin of more value.
Sorry that was suppose to say a mint mark of an "A" on the PFENNIG.
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
1¢. At the time it was replaced by the euro (2002) the Deutschmark was worth about 50¢ U.S.
I assume the denomination is one pfennig and not something else; pfennig is the equivalent of penny so it appeared on all denominations less than 1 mark. Your coin's value depends very much on its mint mark. Retail prices as of 10/2008 A : $2 - $6 depending on condition D : $3.50 - $14 E,F : $14 - $35 G : $35 - $100 J : $22 - $50