The value of a 1950 German 50 Pfennig coin can vary considerably depending on several factors, primarily its condition and the mint mark.
Based on recent offers and auction results, here’s a general overview:
- Circulated Coins:
– Many circulated 1950 50 Pfennig coins can be found for prices ranging from under a dollar to a few dollars, depending on their grade and scarcity of the mint mark.
– For example, a coin with the D mint mark is listed for $0.34 in Good condition, and for $4.80 in Uncirculated condition.
– Similarly, a 1950 F coin is listed for $0.18 in Good condition and up to $4.60 in Uncirculated.
– A 1950 G coin is listed for $0.20 in Good condition and up to $4.50 in Uncirculated.
– A 1950 J coin is listed for $0.15 in Good condition and up to $2.20 in Uncirculated.
- Uncirculated and Proof Coins:
– “Bank deutscher Länder” variation (mint mark G): These coins, mistakenly minted with the older “Bank deutscher Länder” inscription, are significantly more valuable. One sold at auction for EUR 5,300 (approximately 5,300 USD at the time). A graded, uncirculated example (NGC MS65) is listed for sale for $1151.70.
– Proof coins: Proof coins, especially those with low mintages, can also fetch high prices.
– A 1950 J proof coin has a record auction price of EUR 1,250.
– A 1950 G Proof coin has an average price of $1500.
– A 1950 G Proof coin, graded PF66 NGC is listed for sale for $62.
- Rarity and condition
– The condition of the coin plays a crucial role in its value. Uncirculated (UNC) or Proof (PP) examples are typically worth much more than circulated coins.
– The mint mark (letter found below the denomination) indicates the mint where the coin was produced and also affects value. For example, some 1950 G mint marked coins with the inscription “Bank deutscher Länder” are considerably more valuable due to their rarity.
To get a precise valuation for your coin, it’s essential to:
- Identify the mint mark: Look for the small letter (D, F, G, or J) between the value “50” and “PFENNIG” on the reverse.
- Assess the condition: Note any wear, scratches, or damage. Coins in excellent condition (Uncirculated or Proof) are the most desirable.
- Check for the “Bank deutscher Länder” inscription: This rare variation significantly increases value.
- Consult with a reputable coin dealer or numismatist for a professional appraisal. You can also check auction records and price guides like the Numista database and NGC price guides.
In summary: While some 1950 German 50 Pfennig coins have relatively low value in circulated condition, certain variations like the “Bank deutscher Länder” inscription or proof strikes can be quite valuable. Careful examination of your specific coin is necessary to determine its accurate market value.
Are any pfennig coins worth anything?
Thanks for asking. You will notice that most say “Bundesrepublik Deutschland”, but some say “Bank Deutscher Länder”, depending on the denomination that can be from 1948,1949, or 1950. The 1948 1 Pfennig are worth a few dollars even in lower grades. Anything in mint state would be worth some money.
What is a pfennig worth in US dollars?
Great question! A pfennig is the German version of a cent, that is 1/100th of a Mark. In 1999 terms 1.4 marks= US$1 making a pfennig equivalent to . 007 US cents. The pfennig (or similar spelling) denomination existed in some German States in 1800 but it is difficult to value in relation to U.S. money.
Is a 1950 Deutsche Mark silver?
In 1950, cupronickel DM1 coins were released, while a cupronickel DM2 and a . 625 silver DM5 were released in 1951. Cupronickel replaced silver in the DM5 in 1975.