Coin and Paper Money Collecting/coin value

Advertisement


Question
i have a coin from 1912 the front says otto koenig von bayern the back reads deutsches Reich 1912 on the bottom drie mark whats this coin original value  and is it valuable today?

Answer
Hi Jason,
You have a 3 mark coins from the German state of Bavaria. These coins were made in three different denominations with the same design. (Zwei = two, drei = three, funf = five).
German states coins are quite popular among collectors, especially some of the larger states, which Bavaria is.
The current market value on your coin starts at $10-$15 for a well used coin, up to $30-$40 for one with only minimal wear. If you happen to have one in mint condition you can expect in the $60-$80 range. Gem coins that have been professionally graded and certified by one of the three major companies (NGC, PCGS, ANACS) command a significant premium over these prices.
If you would like to post a follow-up question with a picture of your coin, I can give you more exact value information.
Please don't forget to rate this answer.
Thanks for the question! =)

Coin and Paper Money Collecting

All Answers


Answers by Expert:


Ask Experts

Volunteer


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).

©2012 About.com, a part of The New York Times Company. All rights reserved.