Logo Title
obverse
reverse
Heritage Auctions
Germany
Context
Years: 1901–1904
Country: Germany Country flag
Issuer: Anhalt-Dessau
Currency:
Demonetized: Yes
Total mintage: 50,150
Material
Diameter: 28 mm
Weight: 11.11 g
Silver weight: 10.00 g
Shape: Round
Composition: 90% Silver
Magnetic: No
Technique: Milled
References
KM: #Click to copy to clipboard27
Numista: #30795
Value
Bullion value: $27.72

Obverse

Description:
Duke Friedrich II left-facing profile. Mint mark below. Inscription around rim.
Inscription:
FRIEDRICH II HERZOG VON ANHALT

A
Translation:
FRIEDRICK II DUKE OF ANHALT
Script: Latin
Language: German

Reverse

Description:
Top: date inscription. Center: crowned Imperial German eagle. Bottom: denomination inscription.
Inscription:
* DEUTSCHES REICH 1904 *

ZWEI MARK
Script: Latin

Edge

Reeded.

Mints

NameMark
BerlinA

Mintings

YearMint MarkMintageQualityCollection
1901A
1904A50,000
1904A150Proof

Historical background

In 1901, the currency situation in the Duchy of Anhalt-Dessau, like in all constituent states of the German Empire, was governed by the uniform national laws established at unification in 1871. The era of disparate regional coinages and multiple currency standards had ended. The official and exclusive legal tender was the German Goldmark, a currency defined by a fixed gold standard (0.358423 grams of fine gold per Mark) and managed by the Reichsbank in Berlin. This provided Anhalt-Dessau with monetary stability and seamless integration into the wider national economy.

While the Duchy itself no longer issued its own independent currency, it retained a limited right of coinage within the imperial framework. The Anhalt mint in Dessau (marked with the letter "A") occasionally struck small-denomination, low-value coins in copper and nickel (like the 2 and 5 Pfennig pieces) for local use, as well as commemorative issues. However, these were not sovereign currencies but rather subsidiary coins of the unified Reich, their value and metallic content strictly dictated by federal law. High-value gold and silver coins in circulation were overwhelmingly imperial issues.

Thus, the 1901 monetary background in Anhalt-Dessau was one of consolidated stability. The local economy operated on a sound, gold-backed national currency, which facilitated trade, investment, and financial predictability. Any discussion of its "currency situation" is therefore essentially a study of its participation in the successful German monetary union, with only a minor numismatic footnote relating to its limited minting of subsidiary coinage bearing its own ducal insignia.
💎 Extremely Rare