The value of a 1938 Deutsches Reich 2 Pfennig coin depends primarily on its condition and specific mintmark. Here’s a breakdown of the typical range and factors influencing value:
- Average price (UNC): Approximately 25 USD.
- Average price (Proof): Approximately 250 USD.
- A specific 1938 F 2 Reichspfennig (Stuttgart Mint) in proof condition sold for EUR 240 (approx. 257 USD) in 2023.
- Circulated coins: Can be found for relatively low prices, often in the range of 5-15 USD, depending on the level of wear and tear.
- High-grade circulated/uncirculated (UNC) coins: Values can range from around 18 USD to upwards of 79 USD, depending on the mint mark and specific condition details (e.g., [as shown on eBay]).
- Coins with specific features/errors: A 1938 D 2 Reichspfennig with a rare “Doubled Die Obverse Type-2” error, in UNC Details condition, is currently listed for 99 USD.
The 1938 2 Reichspfennig was minted in various cities, each with its own mintmark:
- A (Berlin)
- B
- D
- E
- F (Stuttgart)
- J
The mintmark can affect the value, as some mints produced fewer coins or had higher quality standards.
For accurate valuation, it’s essential to have your coin professionally graded by a reputable service like NGC or PCGS. Grading considers factors like wear, luster, and any damage, providing a standardized assessment of the coin’s condition and authenticity.
In summary
While a 1938 Deutsches Reich 2 Pfennig can be found for a few dollars in circulated condition, uncirculated examples, particularly those with rare mintmarks or errors, can fetch higher prices. Professional grading is crucial for accurate valuation and selling purposes.
Are any German coins worth money?
Great question! And relative scarcity in such good condition. The postwar era in Germany was a time of economic rebuilding. And coins from this period are a testament to that. History.
What is the 2 Reichsmark coin?
I can help with that. 2 reichsmark coin issued for use by the government of the Third Reich, Nazi Germany. It has a relief portrait bust of former Reich President Paul von Hindenburg (1847-1934) who appointed Hitler as Chancellor of Germany in January 1933.
How much was the Reichsmark worth in ww2?
The official exchange rate data from 1945 shows that 1.1050 Reichsmark was equivalent to one U.S. dollar.