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Nazi Coins

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Author Previous TopicReplies: 23 / Views: 3,481Next Topic Page 2 of 2
Pillar of the Community
Canada
2805 Posts
 Posted 01/29/2014  4:22 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list
50 reichpfennig is the good coin of that lot - the rest are just average mixed-bin items. I'd stand by $5.
Pillar of the Community
United States
898 Posts
 Posted 01/29/2014  7:40 pm  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list
"I would Ideally I would like to get 1.25 per coin, my reasoning being that if searched for individually on ebay you could pay upwards of $2 or $3 per coin. I should like to submit my offer of $25 shipped."

I sent a link of this thread to him and that was his reply. They're not in horrible condition but that still seems a bit high for them. In total I'm buying 17 coins, not 18. He would like to keep the 50c. So do you think I should do this or not?

I would argue that is much too high seeing as these 19 coins went for less (and it had THREE 50 reichspfennig coins in nice condition).

http://www.ebay.com/itm/19x-ALL-WWI...p=true&rt=nc
Pillar of the Community
Canada
2805 Posts
 Posted 01/29/2014  7:46 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list
Nope - that's a lot of money for 20c items in my catalog.

Of course individual coins sell for big money on ebay, there is shipping and fees and uninformed buyers' mania for poorly described Nazi coins - nothing sells on ebay for under $2. You can probably find a great bulk lot for less, or find a European source where these coins are much more common and much less desirable (the historical mania is more diminished in Europe when it was your country that was forced to make and use these nasty zinc things - see the mint-mark B for Vienna). I recommend the website Numista - some users have hundreds of reichpfennigs to trade off and you'll almost certainly find a better price than $25 for a similar pile of cleaned and worn coins.
Pillar of the Community
United States
898 Posts
 Posted 01/29/2014  7:54 pm  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list
nalaberong, I am so thankful for you and CCF in general. I knew nothing about these types of coins and now I know enough to where I wouldn't get ripped off. I'm in no need of these coins but just for the historical aspect. I'll see if I can knock the price down, and if not, I'm walking away. thanks all.
Valued Member
United States
374 Posts
 Posted 01/29/2014  8:00 pm  Show Profile   Bookmark this reply Add mgillette to your friends list
I'd hold out, I've seen a lot of Nazi coins out there in much better condition at good prices too... I have found antique dealers and the occasional Gun/Coin/Relic shops to have some nice ones.
Edited by mgillette
01/29/2014 8:02 pm
Pillar of the Community
Canada
4227 Posts
 Posted 01/29/2014  8:32 pm  Show Profile   Bookmark this reply Add chequer to your friends list
I just picked up a nice 1941 D 10 reichspfennig and a 1939 F 1 reichspfennig at my last coin club meeting. The zinc is a nice EF-AU and the copper is red unc. There are others out there much better.
Pillar of the Community
Canada
2805 Posts
 Posted 01/29/2014  9:25 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list
Yes, I have got a couple spare reichpfennigs anyway, PM me your address and I'll mail you one or two
Pillar of the Community
United States
898 Posts
 Posted 01/29/2014  9:29 pm  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list
I can't PM since I'm new?
switch the it's simple. just do my username at gmail dot com EXCEPT change the 24 to a 1. thanks!
Valued Member
United States
211 Posts
 Posted 01/29/2014  9:42 pm  Show Profile   Bookmark this reply Add JimmyJames to your friends list
I can send you a few if Nalaberong doesn't pull through if you want more.
Bedrock of the Community
United States
20753 Posts
 Posted 01/30/2014  10:11 am  Show Profile   Bookmark this reply Add just carl to your friends list
If you go to flea markets you could possibly find sellers with piles of those for about a Quarter each. At one flea market a seller had a bin full of foreign coins and all for a Quarter each. And if you buy lots of them, even less. Not being a world coin collector though I have no idea of the value of those. I do have a box full of those things. Being German I used to buy them for the fun of it. If you pay more than a dollar each, you should really know what the actual value is.
Valued Member
United States
337 Posts
 Posted 01/30/2014  11:13 am  Show Profile   Bookmark this reply Add Henry M Smith to your friends list
A member of my coin club tried to have a relative buy some for him in Germany, and was told they are illegal there. I believe the same is true for Austria. So, if they are not legal at the source, do they melt them, making them more scarce?
Pillar of the Community
Turkey
870 Posts
 Posted 01/30/2014  11:28 am  Show Profile   Bookmark this reply Add molydeii to your friends list
I strongly do not think they are illegal in Germany & Austria, since I bought a lot of WW2 coins both in Munich and Berlin very recently. There is a lovely coin market in one of the parks of Berlin every Saturday. There are bunches of WW2 Germany coins there at good prices, along with East German money.
Melting bronze or zinc coins is not profitable I guess.
Pillar of the Community
Turkey
870 Posts
 Posted 01/30/2014  11:30 am  Show Profile   Bookmark this reply Add molydeii to your friends list
By the way, B mintmark stands for Vienna, Austria. It carries a tiny premium (say a dollar worth of) in those series. Numbers minted in Vienna must be lower than the mainland Germany during the war.
Bedrock of the Community
United States
17884 Posts
 Posted 01/30/2014  12:43 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
If you really want to know values for world coins try this (I don't know if this link will be allowed.)
http://www.ngccoin.com/poplookup/wo...e-guide.aspx

This actually links to the Krause catalog database for values.

If the link isn't allowed, find the NGC website go to the Research tab, select price guides and then world price guide.
Bedrock of the Community
United States
20753 Posts
 Posted 01/30/2014  10:37 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
A member of my coin club tried to have a relative buy some for him in Germany, and was told they are illegal there. I believe the same is true for Austria. So, if they are not legal at the source, do they melt them, making them more scarce?

Not likely. My Son went to college in Krakow. While there he went visiting relatives in Germany. He acquired lots of those and sent to me sort of as a joke. Told me he was repaying me for me paying for all his education with those.
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