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Price of German coins seems to be getting higher.
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<p>[QUOTE="Eduard, post: 3063181, member: 8959"]German numismatics is very vast so one needs to be specific about what one means by german coins.</p><p>After all, there were more than 30, And sometimes many more coin issuing entities (Kingdoms, Dukedoms, Principalities, free cities) until 1918.</p><p><br /></p><p>I tend to break it up by time periods, for example: mediaeval Germany up until about 1500, city-coinage up until ca. 1790. The so-called "Schwalbach" Era coinage from 1790-1871 (on german Unification ), and after that the Reichs Coinage (German Empire) until 1918. After the Great War, the coinage of the Weimarer Republik, including the 3- and 5 mark commemoratives. Finally, the coins issued by the 3rd Reich, followed by the coinage of the Federal Republic from 1948 onwards.</p><p><br /></p><p>I focus on the coinage from 1790 until 1871 (including Talers and Doppeltalers) and my observations here have been that prices, even for some really scarce issues are very strongly affected by the state of preservation of the coin. Unless you have an extreme rarity, it will not bring strong prices, often below catalog, if the coin is not at least "ss" (sehr schoen, or VF30). </p><p>I believe prices in grades lower than VF30 this have actually dropped for most issues over the last years.</p><p> </p><p>The above applies even more to the coinage of the German Empire, all the way from 1 Pfennig to the 20 mark (gold). Unless you have a specially scarce issuing state, prices are very soft for grades up to VF. In lower grades, VG or so, some of the more common coins (for example Prussian silver) brings as little as bullion value.</p><p> </p><p>Only at Vorzueglich/Stempelglanz (about MS60+), and specially for true Stempelglanz (brilliant uncirculated), you can expect good prices and in-line with the catalogs or better.[/QUOTE]</p><p><br /></p>
[QUOTE="Eduard, post: 3063181, member: 8959"]German numismatics is very vast so one needs to be specific about what one means by german coins. After all, there were more than 30, And sometimes many more coin issuing entities (Kingdoms, Dukedoms, Principalities, free cities) until 1918. I tend to break it up by time periods, for example: mediaeval Germany up until about 1500, city-coinage up until ca. 1790. The so-called "Schwalbach" Era coinage from 1790-1871 (on german Unification ), and after that the Reichs Coinage (German Empire) until 1918. After the Great War, the coinage of the Weimarer Republik, including the 3- and 5 mark commemoratives. Finally, the coins issued by the 3rd Reich, followed by the coinage of the Federal Republic from 1948 onwards. I focus on the coinage from 1790 until 1871 (including Talers and Doppeltalers) and my observations here have been that prices, even for some really scarce issues are very strongly affected by the state of preservation of the coin. Unless you have an extreme rarity, it will not bring strong prices, often below catalog, if the coin is not at least "ss" (sehr schoen, or VF30). I believe prices in grades lower than VF30 this have actually dropped for most issues over the last years. The above applies even more to the coinage of the German Empire, all the way from 1 Pfennig to the 20 mark (gold). Unless you have a specially scarce issuing state, prices are very soft for grades up to VF. In lower grades, VG or so, some of the more common coins (for example Prussian silver) brings as little as bullion value. Only at Vorzueglich/Stempelglanz (about MS60+), and specially for true Stempelglanz (brilliant uncirculated), you can expect good prices and in-line with the catalogs or better.[/QUOTE]
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Price of German coins seems to be getting higher.
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