Coin and Paper Money Collecting/5 million mark coin

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Question
yeah, i used the link from other  question and i came to this page. i also have this coin and i am wondering about its history and the last updated $ to mark exchange rate (just for interest because i am not selling it because it has been in my family for a long time). so please email me the info u have.

Answer
There was hyper inflation in Germany in 1922, so that 5 million mark coins became necessary.  That government did not survive and there is no current government making good on the promise to pay German coins before 1949.  Therefore, there is no exchange rate on your piece.  The only value your piece would have would be numismatic value -- for that you might want to try www.ebay.com and see if something like what you have is now offered for sale, Jim Lawniczak

Coin and Paper Money Collecting

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Jim Lawniczak

Expertise

I will answer your questions about encased coins (lucky pennies), which are advertising and event tokens with coins, unually cents, struck with the token.

Experience

Long time collector of encased coins and author of several articles on encased coins.

Organizations
TAMS, ECI (Encased Collectors International)

Publications
TAMS -- several articles on encased coins, in particular the encased coins of the 1901 Buffalo Pan American Exposition
Casement -- many articles on encased coins

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