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How Rare Are Empire Of Germany 1/2 Mark 1906-J Coins?

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Author Previous TopicReplies: 9 / Views: 2,051Next Topic  
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Wizard1's Avatar
Canada
153 Posts
 Posted 09/01/2018  9:23 pm Show Profile   Bookmark this topic Add Wizard1 to your friends list Get a Link to this Message Number of Subscribers
I really like the look of this series of silver coins and it looks like this one is a key date.

I can't find much sales data on it. The only one I can find is from NGC's website

https://www.NGCcoin.com/price-guide...duid-1313064

Are those prices accurate?

Thanks
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Crazyb0's Avatar
10197 Posts
 Posted 09/01/2018  9:54 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
I set my buying price at 1/3 to 1/2 of that list at NGC. I see coins at auction run in that range. ebay sellers of course set the NGC as absolute.


Looking at mintage, yes, is a hard to find date, don't know if I'd call it a key date or not, price doesn't reflect that status.
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tdziemia's Avatar
United States
7939 Posts
 Posted 09/01/2018  10:08 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply

I can find only one recent sale of a 1906J, on ebay, for $7.50 in a lower grade (maybe F-VF?): https://www.ebay.com/itm/1906-J-Ger...AOSwBt5ZLugV

You can also find sales history of high MS grades for other dates in the series here: https://www.coinarchives.com/w/resu...&results=100

To me, the pattern looks like the common dates are selling near the NGC prices, but the scarcer dates do not command the price levels in the NGC table.

G0od news is that many of these are quite affordable on ebay.
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Wizard1's Avatar
Canada
153 Posts
 Posted 09/01/2018  11:19 pm  Show Profile   Bookmark this reply Add Wizard1 to your friends list Get a Link to this Reply
Thanks I'll take a look. I think going for at least MS would be a challenge but doable?
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tdziemia's Avatar
United States
7939 Posts
 Posted 09/02/2018  6:23 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
I count about 80 in the series without overdates.

Looks like maybe 75% of those will be accessible in MS grades for under $100 (and likely many of them for $20), and the other 25% will be more expensive. With a budget of, say, $5,000 I'd think you could put a pretty nice set together in MS grades, This excludes the 1908-F.
Edited by tdziemia
09/02/2018 11:14 pm
Valued Member
Wizard1's Avatar
Canada
153 Posts
 Posted 09/07/2018  12:38 am  Show Profile   Bookmark this reply Add Wizard1 to your friends list Get a Link to this Reply
I found this one coming up on the block, $200 for the 1906J MS64. Maybe I should go for it

http://www.icollector.com/Germany-E...64_i31053605
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tdziemia's Avatar
United States
7939 Posts
 Posted 09/07/2018  08:10 am  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
Thrill of the hunt begins!

Hard to do research and know what's a fair price since these don't come up in high grade very often.

Let us know if you get it.
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 09/07/2018  09:18 am  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
The 1/2 Mark 1906 J (hamburg) coin is relatively common in grades up about EF. There are 9 for sale right now in ebay Germany.
However, It is scarce in Uncirculated with a price (in Germany) of 170 euros.
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Wizard1's Avatar
Canada
153 Posts
 Posted 09/07/2018  10:30 pm  Show Profile   Bookmark this reply Add Wizard1 to your friends list Get a Link to this Reply
Thanks Germanicvs for your insight. Based on your info, would you say that ms64 for $200 Canadian is a good deal then?
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tdziemia's Avatar
United States
7939 Posts
 Posted 09/08/2018  08:03 am  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
Just a couple of thoughts...

You may already be familiar with CoinArchives, where you can do a lot of research, searching on "1/2 Mark (year)" for recent (and sometimes not so recent) auction results.

Not so helpful for 1906 J, but a few of the other key and semi-key dates have some recent activity. Good news is that the highest price I saw was for a 1908J in what looked like a high MS grade that went for 420 eu (compared to NGC website at $1500-2000, and reinforcing the observations of Crazyb0).

And most of the results I saw were with German auction houses.

It looks like the key dates in MS grades do not come up very often, as mentioned by Germanicus.

Have fun! I've just expanded one of my collecting areas and am really enjoying it.







Edited by tdziemia
09/08/2018 08:19 am
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