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Coin and Paper Money Collecting/1949 Deutscher Lander 50(d) Pfennig
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Question
Good morning.
I am inquiring about the value of a 1949 Deutscher Lander 50(d) Pfennig. Will you assist me?
Thank you in advance for your time.
Sincerely,
Antrina Johnson
Hi Antina,
The listed value for this coin ranges from under $1 for a well used coin and up to $45 for one in mint condition. However, I can tell you from experience that even perfect coins rarely sell for more than $10. These are still loosely considered "legal tender" and the German Bundesbank exchanges them for euros at a rate of about 2 marks to 1 euro.
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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