Reddit User Discovers Old Deutsche Mark Coins, Finds Modest, Not Rare Value
A Reddit user recently discovered two old Deutsche Mark coins from 1950 and 1954, both stamped with the letter 'G', sparking hopes of a valuable find. However, a closer look reveals a more modest worth. The coins, a 1950 'G' and a 1954 'G', are not rare. The 1954 coin, with 3.5 million minted, is far from scarce and its condition is typical for a 'circulated' coin. The Reddit user expected them to be valuable, but the numismatic community estimated their worth at around €5-6 for both. The value of rare coins can vary greatly. For instance, 50 Schilling silver coins from Austria, minted between 1959 and 1973, can fetch approximately €1,485 for 63 pieces. However, without specific details about the condition and rarity of the Deutsche Mark coins, their exact value remains uncertain. Online offers often list inflated prices, leading to confusion and false hopes among sellers. The Reddit user decided to keep the coins, despite their modest value. The coins, while not rare, are pieces of history and hold sentimental value. The user's discovery serves as a reminder that not all old coins are worth a fortune, but they can still be interesting and valuable in their own right.
