Bundesrepubuk Deuischland Pfennig 50 1969 Face Value

It was 0.2556 Euro at the conversion rate.

In 1969, it was worth about US$0.13. Today, it is theoretically worth US$0.30.

Germany, unlike many other European countries, has not set an expiry date for its old pre-euro currency. So you can still take this coin to a central bank in Germany and get it exchanged for 25.56 eurocents.

True what Sap says. I believe Germany and Austria are the only countries in the Euro zone that haven't set a date (correct me if I'm wrong). So if you find a few Austrian Schilling.

Anyway, it would be quite something if you went all the way to Germany now to exchange your 50 Pfennnig for 25 Euro cent. In case you decide to do so, please do write a trip report!

@Pertinax: the Deutschmark and the Dollar have had quite some fluctuations in value during quite some time span. In fact, enough for quite some people in Germany and The Netherlands to open a dollar account with their bank and try to make some profit out of these exchange rates.

I think any bank would take them if you had an account. If not, then some banks may have coinstar-like change machines which recognize the old coins, and would take a % fee from you for them.

For guaranteed full face value 1:1 exchange, without fees, you's have to go to one of the Bundesbank branches; there are 35 of them in the country. You can also send them by post, though this has additional costs and risks.

See https://www.bundesbank.de/Redaktion...dm_euro.html for details of how to exchange.

I've exchanged up to 1,000 DM at a time; there is often a long queue but they never seem surprised to see foreigners. I think there's a minimum of 10 DM though they don't say that on the page.

I wasn't aware that they didn't accept the 2 DM 1951 series, KM 111.

@Twinkinator:
No, you actually have to go to one of the Bundesbank branches.
You can't change DM to EUROS at regular banks anymore.