Coin and Paper Money Collecting/2 german mark 1937

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Expert: - 9/23/2010


Question

coin
Hi, I recently purchased a 2 German Mark 1937 "G" WWII NAZI coin with a Swastika on it.I cant find anything about the value however.I checked on ebay and most bids where between 15 and 20 dollars.Could you tell me what you think it would be worth?
I have attached an image as well.
Thank you!
Shannon

Answer
Hi Shannon,
In mint condition, as the coin in the picture appears to be, they list for $30 to $40 for this date and mint mark (which is one of the better ones from the series. There were a little over 1 million coin made in 1937 with a G mint mark. Most other dates have mintage between 5 and 10 million.
The ones on eBay usually have had a light cleaning, so the $20 or so prices you saw are quite accurate for those coins.
Coins like this that are heavily worn or have damage are only worth around $5.
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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