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Do you have those old DM coins? You are worth a fortune

2021-01-04T15:34:42.211Z


Anyone who finds old DM coins can exchange them for euros free of charge. However, if it were those special coins, that would be a big mistake.


Anyone who finds old DM coins can exchange them for euros free of charge.

However, if it were those special coins, that would be a big mistake.

  • The still popular

    German mark has

    not been the official currency for

    19 years

    .

  • But many Germans still find old

    D-Mark

    coins

    while cleaning up

    .

  • Instead of throwing them away or trading them in, consumers can sell them for big bucks - if you have these characteristics.

Offenbach - Almost 20 years ago the

German mark

was replaced by the euro.

But some people can still find old

DM coins

in the depths of their desk drawers or in other forgotten places

.

Even if these look inconspicuous at first glance, they should on no account end up in the trash can or simply be exchanged at the bank.

Because a few copies could be worth a lot of money.

From 1948-2001, the

German mark

was the official currency in Germany.

After the European Economic and Monetary Union was established, the euro replaced the German mark in 2001.

Until the end of 2001, however, it was still possible to

pay

with the

D-Mark

- since then the old

coins

can be

exchanged for euros free of charge.

Before you do that, however, you should take a closer look at the coins.

+

Some old Deutsche Mark coins are now worth a lot of money.

© Julian Stratenschulte / dpa

Deutsche Mark: Some coins can be worth several thousand euros

Especially rare and well-preserved

coins

of the

German mark

have a high collector's value.

As “Chip” reports, this includes coins with special or commemorative coins, or incorrect coins.

If these are still shiny and not worn, they have a high sales value.

As

MDM

- a website that specializes in

coins

- writes, 2-pfennig pieces minted before 1968 are especially valuable because they were made from pure copper.

The catalog price for such a DM coin is between 2,000 and 5,000 euros.

But even a 5-mark piece of the

Deutsche Mark

can be very valuable under certain circumstances.

If you own such a coin from 1958 with an F stamp, you can sell it for up to 500 euros.

According to the MDM, collectors pay between 800 and 4,000 euros

for the same

DM coin

with the J 1958 stamp, depending on its condition.

D-Mark

commemorative coins, i.e. coins that were minted for special anniversaries - such as the 5-D-Mark commemorative coins “Germanisches Museum” from 1952, are also of

high value

.

Deutsche Mark: The value of the coins can be determined using a coin catalog

So before you your old

coins

of the

German mark

want to bring in the Bundesbank to exchange or discarding even, you should consider the characteristics and condition.

If you are unsure about the value of the

coins

, you can take a look at an official

coin catalog

.

There are also numerous guides - both on the Internet and in libraries - with which you can determine the value of your coins.

coin

value

2-pfennig piece made of pure copper from 1969 and 1968

2,000 to 5,000 euros

5-mark piece from 1958 with stamp F

Up to 500 euros

5-mark piece from 1958 with embossed stamp J

800 to 4,000 euros

5-Mark commemorative coins "Germanisches Museum" from 1952

600 euros

If you collect

DM coins

yourself

and would like to purchase them on the Internet, caution is advised.

Fraudsters are often out and about, especially on Ebay, selling false or faulty items for a lot of money.

Such as the popular Playstation 5, which sellers are offering for four-digit prices on Ebay.

(Teresa Toth)

List of rubric lists: © Julian Stratenschulte / dpa

Source: merkur

All life articles on 2021-01-04

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