That's a 1 pfennig copper coin from the old German State of Bavaria. Scheidemunze means fractional money and these are small-denomination coins while gulden and thaler are the large denominations.
Some of the earlier dates eliminate the scheidemunze annotation, but keep the wreath and crowned arms. This page covers both types, with and without scheidemunze.
Here are some typical catalog values for all dates except as noted.
1 PFENNIG
worn: $5 US dollars approximate catalog value
average circulated: $10
well preserved: $24
fully uncirculated: $85
1 pfennig dated after 1857 are worth somewhat less than these values
2 PFENNIG
worn: $8 US dollars approximate catalog value
average circulated: $22
well preserved: $40
fully uncirculated: $90
2 pfennig dated after 1857 are worth about one-half of these values
1/2 KREUZER (wreath, no scheidemunze, 1851 to 1856)
worn: $5 US dollars approximate catalog value
average circulated: $12
well preserved: $20
fully uncirculated: $50
These are catalog values and coins rarely sell at these values. Use our Terminology page to understand how catalog values work and how to convert them to actual buy and sell values.
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