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German Coin Set With Canceled Coins

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Canada
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 Posted 04/14/2014  8:23 pm Show Profile   Bookmark this topic Add BoomerAD787 to your friends list Get a Link to this Message Number of Subscribers
Hi, I purchased this coin set a while ago and have been trying to find out more about it, all I know is it is a German set which says
Federal republic of Germany government coin Stuttgart, some of the coins are canceled and they have different dates. any info would be appreciated, thanks.



German-Coin-Set-With-Canceled-Coins

German-Coin-Set-With-Canceled-Coins
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Sap's Avatar
Australia
16832 Posts
 Posted 04/14/2014  10:34 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The set is privately assembled by a coin dealership in Germany, not government issued. As such, it isn't worth any extra as a set than the individual coins are.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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 Posted 04/15/2014  08:39 am  Show Profile   Bookmark this reply Add BillSnyder to your friends list Get a Link to this Reply
These older German coins were officially cancelled by Mints around country, as the new Euro coinage was being introduced.

According to a 2002 announcement, "the Bundesbank expects over DM 28 billion worth of D-Mark coins, weighing some 98,500 tonnes, to be returned".



I know of at least one collector of Mint-cancelled World coins.

(ME)




Bill






Edited by BillSnyder
04/15/2014 08:48 am
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Germany
1238 Posts
 Posted 04/15/2014  09:16 am  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply
During and shortly after the cash changeover, the returned Cu-Ni coins (50 Pf, 1 DM, 2 DM, 5 DM) were sold to metal dealers but went through a "Decoiner" before. Here is such a machine: http://coin-glossary.info/index.php?id=584 In Germany alone there were eight "decoining" locations, I think. Once a coin had been canceled this way, it was scrap metal and could be sold, shipped, etc. as such.

That also means that the Cu-Ni pieces in that set are now "worthless" while the 1, 2, 5 and 10 Pf could still be redeemed. And yes, I have such decoined pieces too, just as I have DM and € notes that went through shredders and were then put into little Bundesbank plastic bags. :) Here are a few (small) images: http://www.kindernetz.de/infonetz/t...v/index.html

Christian
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 Posted 04/15/2014  9:40 pm  Show Profile   Bookmark this reply Add BillSnyder to your friends list Get a Link to this Reply
"€ notes that went through shredders and were then put into little Bundesbank plastic bags."


Christian - Do you have any close-up pictures of shredded notes that you might share with us?


Thanks,
Bill
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Germany
1238 Posts
 Posted 04/16/2014  01:56 am  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply
Don't ask me for macro photos, so this is as good as it gets. :)

Here are three coins that went through a decoiner (1, 2 and 5 DM):
https://dl.dropbox.com/s/rnnktkbkup...z/index.html
(click the Download button to view a larger image)

This is a "Mark Bag" from late 2001, I think. The text says: "The D-Mark goes, the Euro comes - Shredded banknotes, various denominations, former value about 1,500 DM". There is also a reference to the "issuer", the State of North Rhine Westphalia Central Bank (which was the state branch of the Bundesbank).
https://dl.dropbox.com/s/hiko4a3utb...1/index.html

And here is a "Euro Bag" (2007), made for the Bundesbank anniversary seven years ago. Your Money Bag is used to safe and stable money - 50 years Deutsche Bundesbank. The logo says "Deutsche Bundesbank - Eurosystem".
https://dl.dropbox.com/s/uy8m5z6f62...r/index.html

The "Geldbeutel" is a pun here. The term goes back to the times when people actually carried money in little bags, but is now used in the sense of "wallet". Here, however, it literally means "money bag" again ...

Christian
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 Posted 04/16/2014  08:30 am  Show Profile   Bookmark this reply Add BillSnyder to your friends list Get a Link to this Reply

Thanks Christian.

BoomerAD787 - Sold individually, the coins in your set bring $5 and up on ebay. (There doesn't seem to be much interest in the whole set, intact).


Bill
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