A coin collecting friend found this one in one of his huge books. He said it was worth £350 a few years ago as very few were minted in 1950 (would have been more if pristine). The letter below the '50' seems to be a 'G' to the eye (not C). Can anyone confirm & possibly give a current UK value ?
I'm really sorry to break down this to you but your coin is worth only 30 pence. The only difference between your coin and the 213 pound ($350) coin are the letters in obverse of the coin. The 1950G coins with legend, "BANK DEUTSCHER LÄNDER" were struck without proper authorization and that's why they are worth such, whereas your 1950G coin has the obverse legend, "BUNDESREPUBLIK DEUTSCHLAND" which were meant for the intended legal tender coins from 1950 onwards.
Ah, you can always take that coin to a Bundesbank branch office and get 26 cent for it. Yes, kidromeo is right - the older type, with "Bank deutscher Länder", was supposed to be issued with the date 1949 only. Shortly afterwards the Federal Republic was founded, and the text on the 1950 issues was changed to reflect that. But the mint in Karlsruhe accidentally made some pieces with BdL and 1950. Oh well, after a new announcement in the government bulletin, those could be issued too. Here is a comparison of the mintage figures (Karlsruhe/G only): 1949 (BdL) 25.9 million 1950 (BdL) 30,000 1950 (BRD) 66.4 million Don't have a 1950 BdL coin in my collection, but I would be extremely cautious if I saw one, say, on eBay. Too many manipulations around ... Christian
Not bad Farmer! Even though I don't collect moderns, that is one coin I always wanted to get....but never got around to it. I remember a colleague of mine found one in circulation around 1986....
THANX Eduard, These seem to be rather hard to find in this condition. I think only 30K minted. Feel kinda lucky to have picked this one up. I am also not a collector of moderns. This is near the latest one in my collection I would grade as uncirculated. These were rather hard to strike.
