Hi everyone, This is my first time posting, but I've been collecting coins for around 5 years at this point. Recently I've been traveling around Canada and visiting new coin dealers in the process. I came across this dealer who was selling some pretty hard to find coins, including this 5 German Mark coin from 1932. Contrary to regular advice to not spend too much on coins until you've built up your trust with a new dealer I decided to buy it. Right now I would like to see what you all think of it, and just confirm if it's the real thing and I got a good deal out of it. The coin is non magnetic so it's a good first sign. p.s. I hope the pics are acceptable enough to make an assessment
yea, looks legit, Minich coin 90% silver. Matt for value assessment check the internet or ebay, most german silver is priced a bit above silver melt, in circulated condition, so its an affordable way to collect. I like german silver coins. don't have many yet.
best info I can find is the 2 mark silver in 1932 show .625 silver and 5 mark .9 but I certainly may be wrong. .45 oz however on 5 mark. Composition: Silver Fineness: 0.9000 Weight(g): 13.8800g Weight(Oz): 0.45 Oz Net Content: 0.40 Oz (12.49g) Bullion Value: $6.12 Diameter: 29.00mm Thickness:
$6 melt value. This site places it at $130. Yes 50% silver. $130 sounds high. If it has been cleaned it's probably closer to $50. Composition: Silver Fineness: 0.5000 Weight: 25.0000g ASW: 0.401884032343627oz Melt Value: $6.14 (7/13/2019) Diameter: 37mm https://www.ngccoin.com/price-guide...56-1927-common-date-cuid-1129681-duid-1320340
ok, good info, in 1933 they changed to smaller coins and diff composition. In 1933, nickel 1 Reichsmark coins were introduced, and new silver 2 and 5 Reichsmark coins were introduced which were smaller but struck in .625 and .900 fineness so as to maintain the amount of silver. Production of the 3 Reichsmark coin ceased altogether.
Looks genuine to me. Everyone's statements above appear consistent with what I found. Eighty bucks seems a bit high but not too bad; but, then again, I have not shopped around for this specific coin. From the 2016 Krause-Mishler (KM) 20th century catalog (43rd edition): cataloged as KM 56 under Weimar Germany. It should weigh 25 grams, and is composed of fifty percent silver (I suppose the other half is copper). Actual silver weight is 0.4019 troy ounces. KM says that there were 8,556,600 1932-Ds minted (the D mint mark signifies Munich (aka München), the main city of the present state (Staat) of Bavaria (aka Bayern). F12=$60; VF20=$130; XF40=$300 . . . Numista concurs with the number minted, but I believe their numbers are obtained from KM. They quote a bullion value of $6.11 - https://en.numista.com/catalogue/pieces15888.html.
From my 2019 Krause world coin catalog KM#56 , 1932-D, 5 Reichsmark, .500 silver, mintage-8,556,000 grade/value F12-$60.00 VF20-$130.00 XF40-$300.00 MS60-$600.00 MS63-$720.00
Coin is .500 silver. It looks XF to me. When I enlarged the pictures, I saw no hairlines, or evidence of cleaning. Coin has nice eye appeal, and I would value it at $200-$300. All of my comments are based on the pictures and I might think differently if I had the coin in hand.
Looks good to me. The Eichbaum 5 Reichsmark 1932-D is a common date/mintmark in the series, as most are. It is not one of the dates/mintmarks known for fakes. In that condition worth about $80-120.
