Coins, which were in any case only low denomination pieces, circulated at their pre-reform value. In July 1948 the Deutsche Notenbank was established as the central bank in the Soviet zone, and the first new coins were minted. They formed a set of four denominations:
1 Pfennig (Al970 Mg30) issued 2 Mar 1950.
5 Pfennig (Al970 Mg30) issued 1 Apr 1949.
10 Pfennig (Al970 Mg30) issued 1 Apr 1949.
50 Pfennig (Cu920 Al64, rest various other metals) issued 1 Sep 1950.
The aluminium coins are dated 1948, 1949 and 1950. The brass-coloured 50 Pfennig coins, made of aluminium-bronze, are dated 1949 (there very few pieces of this date) and 1950.
The first three denominations were minted in the two mints that were located in the Soviet zone: Berlin (mintmark A), and Muldenhütten (mintmark E), which is located about halfway between Dresden and Chemnitz. The 50 Pfennig coin was produced in Berlin only.