Hi, I 'm thinking of purchasing a Nazi Coin from an auction website. 2 Reichmark. There seems to be a lot in circulation on auction websites. I fear they are fakes. Is it likely it is the real thing? Does anyone know of fakes? is it easy to tell? (0% experience of coins, other than my own currency!) Thanks
I bought one a while ago off ebay, only buy if you can see pics of both sides... mine is definatly real. And yea the coins are very common, many around...
Unless the coin is in extraordinary condition,as in MS60+ state,don't pay more than a few dollars,$10 tops for it.I'm assuming that it is one like this Hindenburg/swastika 2 Reichsmark,the most common type.
Thank you for your replies. I managed to get in contact with the seller. I think he knows what he is talking about. I only see one side of the coin, but he has over 1000 feedback, which is 100%. I'm sure someone would of noticed a fake by now since he sells alot. I see Mikjo0 that you have/show the 62% silver version of 2 reichmark.
I believe there are six different mintmarks, which can affect value. 2 Reichmarks are 62% silver, 5 Reichmarks are 90% silver, and there are NO real NAZI gold coins. Those that you see advertised are plated 2 and 5 Reichmarks, or other coins. All that I have ordered online appear to be real.
I have a 1936-A 5 Reichmark coin, which is supposed to have a mintage of only 30,611. I find the history behind these coins interesting, and wonder if any well-known Nazis ever used them. I wonder about Civil War vintage coins the same way, if Grant, Lincoln, or other famous (or imfamous) people of that era, once touched the coins I now possess.
SCNuss, I wonder about the ones I have that date from the first centuries BC and AD.I like to think what they have been through and who spent them..and for what.The brutal truth is probably far less glamorous.Some poor schmoe probably worked for half his life and either buried or lost his stash.2000 years later,poor schmoe #2 is putting in a new outhouse and finds schmoe #1's life savings.He then sells it to a shady antiques dealer who sells it to an equally shady coin dealer in Eastern Europe who sells it for a 2000% profit to schmoe #3..that would be ME.
Poor schmoe Romans... Mikjo0: I bought my first ancient coin (a Trajan denarius) a few weeks ago, and I too wonder who carried such a coin around (before undoubtedly burrying it). Luckily, I only spent $30 on this coin, which may or may not be such a huge price increase.
LOL, Here is something I found that might be of interest (no pun intended) to you: "How would you like to purchase ancient Roman silver coins, over 1800 years old, for their original face value. It is not as hard as you might think. According to the Bible the standard wage for a laborer was one silver Denarius (Mark 20:1-2). An ancient Roman silver denarius can be still purchased for about the same price today. At minimum wages a laborer is paid about $45 per day (before taxes). A common ancient Roman silver denarius in Very Good condition can be purchased today for about the same price ($30 to $40). Even after nearly 2000 years the coin is still available at its original face value!. On the other hand one had been able to invest the coin in a bank at 2% interest, compounded over 1800 years, the investment today would be worth over $96,000,000,000,000,000. But that is another story."
