Thoughts on this German Coin

Hello guys & gals,

Please share your thoughts on the condition of this 1929 Weimar 3 Reichsmark.

I am hoping a acetone bath may clean it up a little.

 

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I am as much a history buff as I am a coin nut. I was stationed in Germany in the 1970's-80's in the Army. Found a little shop that sold me a few WWII era coins. Danged if the Army didn't confiscate them from me when I transitioned back home. Never quite understood that. Almost wish I would have mailed them home before I left. That's a nice piece.

 

That's a really nice 3 Mark! I don't believe that I have one like it... and I love German Coins. Definitely think a little Dip would do it some good, and would be much easier to grade.

 

That's interesting. The son of my mom's best friend was stationed in Germany in the late 60s and brought home many German coins. I still have a few of them.

 

What is the significance and history of the hand symbol on the reverse?

 

Scout's Honor???? Sounds good anyway.

 

I think it's a pledge symbol used when a president is sworn into office.

 

This coin is a commemorative of the 10 anniversary of the Weimar Constitution... Whatever that is.

 

How can you be interested in coins and money and not know about the hyperinflation of the Weimar Republic!

 

Does the Weimar constitution have anything to do with the hyperinflation of the Weimar Republic?

Sorry I'm not the scholar you are

 

Not a scholar, but the Weimar constitution has to be what set up the Weimar republic. Just like the constitution of any other republic.

 

This coin type is known as the Verfassunsgtreue Gedenkmünze. It was struck to commemorate the 10th anniversary of allegiance to the 1919 Constitution of the Weimar Republic under Reichpräsident Hindenburg.
It was struck in 3 and 5 Reichsmark denomination.

 

11 August was also Constitution Day (between 1921 and 1932) in Germany, and a legal holiday in several German states. Next year, by the way, we will have a €20 collector coin dedicated to the 100th anniversary of that Weimar Constitution. Maybe with ten hands then ...

Christian

 

In my opinion, commemoratives like this from the Weimar series are rather a rather under-appreciated collecting area. There are some pretty amazing designs, but these coins all tend to be much scarcer than the prices would suggest. Good find.

They have a low silver content so they often tone rather ugly, but nicely preserved ones are definitely worth a premium.

 

I have been trying to find Weimar comemmoratives at a decent price for some time. I have a few but they are hard to come by. As you say, they are only 50% silver so good are not as common.

 

Most german Weimar-era commemoratives can be found without much problem.
The 5-mark coins are much scarcer than the 3-marks.

Among the scarcer types are: Zeppelin, Meissen, Rheinland, Bremerhaven and Goethe. The 'A' mint is always the commonest. All the other ones are much scarcer.
This is specially true for the scarcest of the Commemoratives - the 5-mark Goethe.
For example F, D, G and J mints.

On the other hand, the circulating currency (Kursmünze) 3-mark coins of this type:


Are really quite scarce (again, Mint 'A' Berlin is the most common, but still a scarce coin). Beware of fakes!

 

I see very many of these commemoratives that have been cleaned (what a shame)
Is that common in Germany as well?

 

Yes. Unfortunately many german collectors seem to like bright, shiny coins......sometimes the cleaning is done carefully (dipping really), therefore acceptable. But many others have been ruined beyond repair.

 

I was in Germany from 1974 to 1977 and brought home a cigar box full of US coins purchased from dealer junk bins at 10 coins for a mark. I did not collect foreign coins then but I also brought a cigar box with dug Nazi and other german coins found with my metal detector. Declared to customs and they dumped them out looking for drugs then put them back in the cigar boxes and sent me on my way.
I'm sorry that you lost your coins. I think they were stolen from you.

 

Also they tended to be stored in wooden coin cabinets to allow one side to scratch. Also even on the Proof coin sets of the 60’s the green film of acetone reared it’s horrible head. Finding true problem free coins has been tough for a long time. A lot of the great coins made it to the States after the Second World War and many soldiers bring them back. In Bavaria for Ocktober Fest, the men use a lot of Bavarian coins on their Lederhösen. Holes are drilled in them to mount them on the clothes.