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$5 Reichsmark

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Author Previous TopicReplies: 8 / Views: 1,638Next Topic  
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theshoenlebens's Avatar
United States
11 Posts
 Posted 06/27/2011  10:13 am Show Profile   Bookmark this topic Add theshoenlebens to your friends list Get a Link to this Message Number of Subscribers
Will these silver coins have any value besides melt?
They are from the 1930's and have the nazi emblem on them. They are not in the best condition and so I'm wondering if I need to put them in a holder or just stack them and keep for the silver value only?
Thanks
Chris
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augsburger's Avatar
Germany
1063 Posts
 Posted 06/27/2011  10:31 am  Show Profile   Bookmark this reply Add augsburger to your friends list Get a Link to this Reply
Germans like their coins, and it depends on what the coin is. Some are very expensive and a few are quite cheap, I know because I can only afford cheap and I have a few.
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 06/27/2011  10:41 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I have a few Nazi silver coins as part of my World collection. They are fairly easy to obtain and are quite interesting. Later on during WW2, the Nazis deleted silver from their coinage to save money. Some tendency to hoard the silver coins seems to have developed. That is why, I think, that Nazi silver coins now often turn up in quite nice condition.

Perhaps, if you are going to collect Nazi coins base metal ones in uncirculated could be the way to go, but I think it would be difficult to locate them in top condition. I haven't got any.
Pillar of the Community
United States
539 Posts
 Posted 06/27/2011  5:37 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply
I know I'm trying to assemble a few more German coins from that time. I know I would hate it if you sold them for melt because that is a piece of history going to the smelter and that would be a shame
Pillar of the Community
Germany
1238 Posts
 Posted 06/27/2011  5:37 pm  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply

Quote:
Germans like their coins, and it depends on what the coin is. Some are very expensive and a few are quite cheap, I know because I can only afford cheap and I have a few.

Well, I for one do not particularly "like" nazi coins. ;) But yes, pieces from those years tend to be inexpensive, unless you get into the rare year/mintmark combinations. They are definitely cheaper, by and large, than the Weimar coins for example.

Christian
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 06/27/2011  6:31 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
This should help you put a value on your Reich Mark coins.

http://(131231) Not Allowed - Auto-Removed /countries/Germany4.php
New Member
theshoenlebens's Avatar
United States
11 Posts
 Posted 06/27/2011  10:15 pm  Show Profile   Bookmark this reply Add theshoenlebens to your friends list Get a Link to this Reply
weavus135, I'm not going to sell for melt. I too think they are cool but just wondering if I should protect them more or not. I had gotten them at melt so I'll probably just keep them(at least a few) for ,if nothing else, somthing for the kids and\or future grandkids to admire and hold a piece of history in their hands. Thanks for the reply guys
Guys
Valued Member
jimineez's Avatar
United States
287 Posts
 Posted 06/27/2011  10:26 pm  Show Profile   Bookmark this reply Add jimineez to your friends list Get a Link to this Reply
just bought my first nazi era silver last week...got two coins for just the value of the silver in them, but they were from a friend. it looks like they have some small premium over melt from what I've seen
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 06/27/2011  11:04 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
The hindenberg issues with the swastika reverse almost always will have a premium over melt unless they are in horrible condition (and I mean horrible condition). Hindenberg issues with an eagle on the back generally have a lesser premium. Premiums vary for all issues depending on the mintmark as they do with US coins. You would need to list the approximate grades and the date/mintmark combinations in order for us to get a good idea of the values. Pictures of the coins always help too.
-XoG
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