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Coin and Paper Money Collecting/German coin
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Question
What would be the value of an 1858-1947 Max Planck 2 Deutsche Mark
with the letter "G" to the right of the 2 and the numbers 19 on the left side of the eagle and 66 on the right? The coin is in excellent condition and very easy to read. I would appreciate any information you can provide both on the coin's value and where we could find a buyer.
Thank you for your expert assistance.
Rita
Hi Rita,
The 1966-G date and mint mark is worth in the $10 to $15 range in mint condition with luster. A coin with slight wear is only worth a couple dollars. These coins are still being exchanged for German euros as legal spendable currency.
As far as selling a coin, US collectors do not pay these prices like the Germans do. In general they are tough to sell for more than just a couple of dollars in any condition. If you look at eBay auctions, this is pretty much the case. These coins are just too common and new to fetch decent prices on the current market.
Thanks for the question! =)
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Answers by Expert:
Dmitry Livshits
Expertise
My specialty is world coins from the 18th to 20th centuries, primarily non-US foreign coins and related areas such as errors and exonumia (tokens, medals, etc.). I can answer questions relating to identification, grading, selling, preservation and evaluation of such items. In addition to catalog value, I can give you the practical market value and trends for specific types of coins. I will also take questions regarding counterfeits (both modern and antique) and on how to identify them. I am NOT knowledgeable in paper money/banknotes, ancient or "shipwreck" coins. Thank you.
Experience
Collector of world coins since early childhood. Access to a variety of auction records and reference material. You can also find me on Facebook.
Education/Credentials
A.S. in Psychology (2006), B.A. in Forensic Psychology (2008), M.A. in Forensic Psychology (2011).
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