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It depends on its date and condition. The pfennig (= penny) was the equivalent of a cent in the old pre-euro German coinage system.
If its date is 1950 or later, it's worth anything from a quarter or so if circulated up to a couple of bucks if uncirculated.
If it's older than that, I'd suggest looking at a site such as www.sammler.com which covers most German coins. (aber achtung! Some of the site is in English but more is in German only.)
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