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All Forums Category: World Coins and Currency Forums Forum: World Coins and Commemoratives

German 10 Pfennig 1950 E - Why Worth So Much?

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cheapandcommon
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Australia
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 Posted 06/11/2018  02:20 am Show Profile   Bookmark this topic Add cheapandcommon to your friends list Get a Link to this Message Number of Subscribers
I found this German 1950 E ten Pfennig uncirculated. Why do Krause assign it such a high value?

Sixteen million of them are said to have been struck, which is not a particularly low number.

What factors, other than mintage count, can contribute to a high value, and where does one find such factors properly documented?


German-10-Pfennig-1950-E---Why-Worth-So-Much?
basebal21
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 Posted 06/11/2018  2:51 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Mintage doesn't really matter at all. It's a drop in the bucket at best. What really matters is the survival rate.
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Numismat
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 Posted 06/11/2018  8:06 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
This is one of those coins where condition rarity applies to the extreme. Average circulated = a few dollars, nice mint state = few hundred dollars.
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Kopper Ken
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 Posted 06/11/2018  8:52 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
C&C:

The coin you show is not uncirculated.

KK
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