Coin and Paper Money Collecting/GERMAN 1923 COIN

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Expert: - 2/16/2010


Question
I HAVE A 1923 GERMAN COIN. LOOKING IF YOU KNOW WHAT A COIN LIKE THIS WOULD BE WORTH. ON THE FRONT IS A MAN STANDING OVER A WOMAN, WHO IS COVERING  HER EYES WITH HER ARM. THERE IS ALSO A CHILD TO THE RIGHT OF THE MAN. ON THE BACK IT READS 1 PEUNBRO, 260 MILLARD, 1 PEUNDFLEISCH,32 BILLIONEN,1GOLDMARK,1BILLION

Answer

Hi Bob,
This is a medal, called a "Gedenck-Medaille" in German, from the Weimar Republic period after World War I. The various numbers on the back are the different inflationary currencies used in the area at that time. Some of these also have "1 glas bier" (A glass of beer was as good as currency back then!).
A typical example in good condition is worth 20 to 25 euros, or $30 to $40 on the international market. They would be less valuable here in the US since most collectors have no idea what they are.
Thanks for the question! =)

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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