Need info on German 5 Mark proof

Discussion in 'World Coins' started by treylxapi47, Aug 2, 2013.

  1. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Anyone have any information on this coin?

    I just won it tonight and I'm rather blind on the history, mintage, and 'book' value. I know what I paid, but I'm interested in what the books 'price' is compared to mintage, etc.

    ImageUploadedByTapatalk1375494362.047895.jpg
    ImageUploadedByTapatalk1375494375.276686.jpg
     
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  3. Detecto92

    Detecto92 Well-Known Member

    Book value is $2,500
     
  4. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Since you have the book can you answer the other question of how many were minted?
     
  5. DCH

    DCH Member

  6. treylxapi47

    treylxapi47 Well-Known Member Dealer

    I found that site, that's actually for the mint state coin, I have the proof version.

    I seen their book value and kinda was shocked, don't think it's anywhere close to that, lol. I wish tho.

    Still need a number for the mintage. Surely a member here has a Krause with this info in it.
     
  7. gbroke

    gbroke Naturally Toned

  8. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Thanks for throwing a whole new angle on the situation Greg!

    Now I really don't know what I have. I wonder what the proof issue in Krause is? Is it this pattern coin? A true proof? Or what?

    Seeing your PM now makes me think they are common and slightly discouraged (still like the coin and the price either way, just not as much of a winner as I was hoping for)

    I guess this coins needs some more diggin!

    So many new questions.
     
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  9. gbroke

    gbroke Naturally Toned

    Sell it to Detecto for $500.
     
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  10. treylxapi47

    treylxapi47 Well-Known Member Dealer

  11. CoinMike747

    CoinMike747 Barber Connoisseur

    gbroke likes this.
  12. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Thanks for the info. I feel like this coin is destined to only be described in the vaguest terms imaginable.

    Could someone actually check the KM-M1 number with a Krause manual, I feel like there's possibly more info available in that book. (If that number even means anything?!?!?)

    It's sure got my interest piqued,

    So these coins never circulated and were made as some sort of commemorative?
    Or were they a pattern coin of sorts for a possible real circulating issue?

    What's the significance of it being a Proof, if any?

    Are they rare?

    Why does Krause have them listed for like $2500, and what coin are THEY referring to?

    Any mention of amount made/minted?

    :-(


    Thanks for all who have helped so far I know this will get figured out.
     
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  13. CoinMike747

    CoinMike747 Barber Connoisseur

    It seems to me this a medal rather than a coin, and i'm not sure if the krause book will hold any information pertaining to medals. These also seem to have all been struck in a proof format. The medal's identification may be this " Bruce-1; Kienast-386 " though I am not completely sure. This is turning out to be quite the adventure ;)
     
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  14. CoinMike747

    CoinMike747 Barber Connoisseur

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  15. treylxapi47

    treylxapi47 Well-Known Member Dealer

    So what does the KM-M1 stand for on the slab?

    I always thought that was a Krause Manual designation number?
     
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  16. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Also, where is NGC pulling their info from? They list these coins if you search that platform for them.

    I thought they used numismaster for their info which was also coming from Krause information?

    Suffice it to say I'm thoroughly confused on all of this.

    I see it mounting up to a nice silver medal, but I'd still like to know some numbers.
     
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  17. CoinMike747

    CoinMike747 Barber Connoisseur

    OK! I believe I struck gold! First I found a past cointalk thread on this medal, and the official identification is "Kienast-386."
    Here is the old cointalk thread I stumbled upon:
    http://www.cointalk.com/threads/k-goetz-1927.59152/
    Here is the official book that the identification comes from:
    http://www.amazon.com/medals-Karl-Goetz-Gunter-Kienast/dp/B0006BR1GO
    And lastly I thought this was pretty neat, here is the original obverse die used:
    http://www.sixbid.com/browse.html?auction=697&category=15171&lot=691018
    Well, there you have it. The official mintage I think will still be eluding us, pretty neat medal though :).
     
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  18. Eduard

    Eduard Supporter**

    I have not been able to find any data on the mintage figures. However, it appears that medals which include the words PROBE (specimen) under the bust are actually quite scarce, and priced in the range you suggested. Other versions of this medal are common.

    The link gives you some pricing info on common vs PROBE examples of this medal.

    http://www.tempelhofer-muenzenhaus.homepage.t-online.de/downloads/131s.7001-7054.pdf

    You can google this a bit further. Use the german word Polierte Platte (proof) in your search.
     
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  19. gbroke

    gbroke Naturally Toned

    Nice work Mike.
     
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