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Author	Replies: 14 / Views: 1,702
mohammad New Member United States 31 Posts	Posted 02/22/2009 7:46 pm I buy these coins for $3.00 dollars is that is worth for that price or not .The person who sold He know nothing about these coins. Image: coin1.jpg 88.8 KB Image: coin2.jpg 98.95 KB Image: coin3.jpg 100.57 KB Image: coins4.jpg 90.94 KB Image: coins5.jpg 100.06 KB Report this Post to the Staff

GO Moderator United States 6563 Posts	Posted 02/22/2009 7:48 pm $3.00 is a little over. These are common Pfenning coins from Germany. Most of the time you can find them in the $0.25 bin at a local coin store. Report this Post to the Staff
wd1040 Pillar of the Community United States 3098 Posts	Posted 02/22/2009 7:50 pm Nope, not the 1949 ones! These were issued by the new German bank and sorta have a premium. But still, $3 is too much. Report this Post to the Staff
Archraz Pillar of the Community United States 3499 Posts	Posted 02/22/2009 9:36 pm Actually those 1949s book for $1.50 a piece. So all in all, not too bad of a deal. Report this Post to the Staff
echizento Moderator United States 23731 Posts	Posted 02/22/2009 9:51 pm You did OK for $3.00. Report this Post to the Staff
hc8604 Valued Member United States 303 Posts	Posted 02/23/2009 02:06 am The first coin and maybe others look a bit cleaned. Report this Post to the Staff
wd1040 Pillar of the Community United States 3098 Posts	Posted 02/23/2009 02:38 am oh wait... $3 for all? Well, that's a deal! Especially with such good BdL coins! Interesting story... since the BdL was a reconstruction bank, its money was not really issued by the German government but more the interim regime. Thus, banknotes issued by the BdL is not fully accepted by the Bundesbank now. Report this Post to the Staff
chrisild Pillar of the Community Germany 1238 Posts	Posted 02/23/2009 02:55 am The Bundesbank will exchange all DM coins and notes, including those issued by the BdL, for an unlimited period of time. (Keep in mind that the Bank deutscher Länder was not replaced by the Deutsche Bundesbank until 1957, well after the Federal Republic was founded in 1949.) The only two exceptions are the BdL 50 mark note (series II) from 1948 and the Fed.Rep. 2 mark coin from 1951; the former can be submitted to some analysis center for redemption. The first coin (10 Pf 1949) was still pretty common in circulation until the euro cash changeover. Nowadays of course the only source will be dealers. The pieces do look cleaned, but 3 US dollars sounds like a good price to me. Christian Edited by chrisild 02/23/2009 03:06 am Report this Post to the Staff
DL20K Pillar of the Community Poland 3201 Posts	Posted 02/23/2009 04:58 am $3 for that? For me that's over the top. I'd be extremely happy if I was able sell those for such a price. Report this Post to the Staff
chrisild Pillar of the Community Germany 1238 Posts	Posted 02/23/2009 07:01 am Sounds OK to me. 3 dollars for the five, that's 60 cents (roughly €0.50 or 2.20 zl) per piece. Maybe not the greatest bargain on earth, but not overpriced either ... Christian Report this Post to the Staff
mohammad New Member United States 31 Posts	Posted 02/23/2009 7:39 pm Actually I buy 6 coins for $3.00 dollars. Report this Post to the Staff
schmidty Pillar of the Community United States 677 Posts	Posted 02/23/2009 7:56 pm IMHO, that is a fair price. I would have paid it. You said you bought 6 coins. What was the sixth? Report this Post to the Staff
mohammad New Member United States 31 Posts	Posted 02/24/2009 5:23 pm Same as the first picture 1949 one. Thanks Report this Post to the Staff
EgCollector Pillar of the Community Egypt 3470 Posts	Posted 02/25/2009 09:00 am Nice coins! Report this Post to the Staff
snowman Pillar of the Community United States 1840 Posts	Posted 02/25/2009 4:41 pm Seems to me you paid about book value for the lot. Nothing wrong with that. Report this Post to the Staff
	Replies: 14 / Views: 1,702

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