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1939 2 Reichsmark Coin Value: Average Prices from $10 to $700

squirrelz by squirrelz
19/08/2025
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The 1939 2 reichsmark coin value has become a significant topic among numismatists and history enthusiasts alike. These silver coins, representing the final year of Reichsmark silver coinage before World War II, carry both historical importance and substantial monetary worth. Understanding the factors that influence their value can help collectors and investors make informed decisions about these fascinating pieces of German monetary history.

Historical Background of the 1939 2 Reichsmark Coin

The 2 Reichsmark coin series was introduced in 1936 as part of Nazi Germany’s monetary system during the Third Reich period. These coins were minted for only four years, from 1936 to 1939, making them relatively scarce in the numismatic market. The 1939 2 reichsmark coin value is particularly significant because these represent the last silver coins produced before Germany’s wartime economy necessitated the cessation of precious metal coinage.

Design and Symbolism

The 1939 2 Reichsmark coins feature distinctive Third Reich imagery that reflects the political climate of the era. The obverse displays the Reich eagle clutching a swastika, surrounded by the inscription “Deutsches Reich” and the year 1939. The reverse side honors Paul von Hindenburg, the former German President and military leader, with his profile portrait and the denomination “2 Reichsmark.”

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This historical significance contributes substantially to the coin’s collectible appeal and directly impacts the 1939 2 reichsmark coin value in today’s market. Collectors are drawn to these pieces not only for their silver content but also for their representation of a pivotal period in world history.

Current Market Values and Price Ranges

The 1939 2 reichsmark coin value varies significantly based on several key factors, with recent auction data providing valuable insights into market trends.

Regular Strike Coins

Based on comprehensive auction analysis, regular strike 1939 2 Reichsmark coins show the following average values:

  • 1939 D (Munich Mint): $35 USD
  • 1939 G (Karlsruhe Mint): $10 USD

These prices represent average market values for coins in typical circulated to uncirculated conditions. The significant price difference between mint marks demonstrates how production location can dramatically affect a coin’s worth.

Proof Coins

Proof coins command substantially higher prices due to their special minting process and limited production. While specific 1939 proof examples are extremely rare, similar period proof coins provide valuable comparison data:

  • 1938 D Proof (comparable to 1939): $700 USD

This dramatic price increase for proof specimens illustrates the premium collectors place on coins with superior striking quality and limited mintage numbers.

Factors Affecting 1939 2 Reichsmark Coin Value

Understanding the various elements that influence the 1939 2 reichsmark coin value is crucial for accurate assessment and investment decisions.

Condition and Grading

The condition of a 1939 2 Reichsmark coin is perhaps the most critical factor in determining its value. Professional grading services use standardized scales to evaluate coins:

Circulated Grades:

  • Good (G): Heavy wear with major design elements visible
  • Very Good (VG): Moderate wear with clear design details
  • Fine (F): Light to moderate wear with sharp major features
  • Very Fine (VF): Light wear with excellent detail retention

Uncirculated Grades:

  • About Uncirculated (AU): Slight wear on highest points
  • Uncirculated (UNC): No wear with original mint luster
  • Brilliant Uncirculated (BU): Premium uncirculated condition

Higher grades consistently command premium prices, with uncirculated examples often worth several times their circulated counterparts.

Mint Marks and Rarity

The specific mint where a 1939 2 Reichsmark coin was produced significantly affects its value. Each German mint used distinctive mint marks:

  • A: Berlin Mint
  • D: Munich Mint
  • E: Muldenhütten Mint
  • F: Stuttgart Mint
  • G: Karlsruhe Mint
  • J: Hamburg Mint

The 1939 2 reichsmark coin value varies considerably between mint marks due to different production quantities and survival rates. Coins from certain mints are considerably rarer, commanding higher prices in the collector market.

Silver Content and Intrinsic Value

The 1939 2 Reichsmark coins contain 62.5% silver content, providing them with inherent precious metal value beyond their numismatic worth. This silver composition means the coins have a “melt value” that fluctuates with silver market prices, establishing a price floor for even heavily worn examples.

Silver Specifications:

  • Weight: 8 grams
  • Silver content: 62.5% (0.625 fineness)
  • Pure silver weight: Approximately 5 grams

Current silver prices directly impact the minimum 1939 2 reichsmark coin value, ensuring these coins maintain value even when numismatic premiums are minimal.

Investment and Collecting Considerations

Market Trends

The market for German Third Reich coins, including the 1939 2 Reichsmark, has shown consistent interest over the decades. Several factors contribute to sustained demand:

  1. Historical significance of the Third Reich period
  2. Limited mintage period (only four years)
  3. Silver content providing intrinsic value
  4. International collector base spanning multiple continents

Authentication and Professional Evaluation

Given the historical importance and value of these coins, authentication is crucial. Professional numismatic services can verify authenticity and provide accurate condition assessments. When determining 1939 2 reichsmark coin value, consider:

  • Professional grading from recognized services
  • Provenance documentation when available
  • Market comparisons from recent sales
  • Expert consultation for unusual varieties

Storage and Preservation

Proper storage significantly impacts long-term value retention. Silver coins are susceptible to tarnishing and environmental damage, making appropriate preservation essential:

Recommended Storage Methods:

  • Coin holders or protective capsules
  • Climate-controlled environments with stable temperature and humidity
  • Acid-free storage materials to prevent chemical reactions
  • Individual protection to prevent contact damage

Regional Market Variations

The 1939 2 reichsmark coin value can vary significantly across different geographical markets. European collectors often show particular interest in German coins, potentially affecting regional pricing:

North American Market

  • Strong demand from history enthusiasts
  • Premium prices for high-grade examples
  • Active auction and dealer networks

European Market

  • Local historical connection increases interest
  • Established collector communities
  • Varied pricing based on regional preferences

International Considerations

  • Currency exchange rates affect international values
  • Import/export regulations may impact availability
  • Cultural attitudes toward Third Reich artifacts vary

Future Value Prospects

Several factors suggest continued interest in 1939 2 Reichsmark coins:

  1. Historical significance remains constant
  2. Limited supply cannot increase
  3. Silver content provides intrinsic value support
  4. Growing collector base in emerging markets

The 1939 2 reichsmark coin value is likely to remain stable or appreciate over time, particularly for high-grade examples and scarce mint marks.

Conclusion

The 1939 2 reichsmark coin value reflects a complex interplay of historical significance, precious metal content, condition, and market demand. With prices ranging from $10 for common circulated examples to $700 for proof specimens, these coins offer opportunities for both casual collectors and serious investors.

Understanding the various factors that influence value—including mint marks, condition, and market trends—is essential for making informed decisions about these historically significant pieces. Whether viewed as investments, historical artifacts, or numismatic treasures, 1939 2 Reichsmark coins continue to captivate collectors worldwide with their unique combination of precious metal content and historical importance.

For accurate valuation of specific coins, consulting with reputable numismatic professionals remains the best approach to determining precise 1939 2 reichsmark coin value in today’s dynamic marketplace.

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squirrelz

squirrelz

Seasoned cryptocurrency analyst and expert with 10 years of extensive experience in blockchain technology, digital assets, trading strategies, and market analysis for informed investment decisions

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Comments 8

  1. Barbara L. Wilson says:
    6 hours ago

    How much silver is in 2 Reichsmark?

    Reply
    • Prof. Jessica S. Wilson says:
      6 hours ago

      I can help with that. You will receive a silver 2 Reichsmark coin from 1936, 1937, 1938, or 1939 from Nazi Germany. Its made of . 625 Silver. The 2 Reichsmark coin features Paul von Hindenburg on on the obverse and the NSDAP (Nazi) tate insignia hakenkreuz (hooked cross) / swastika on the reverse.

      Reply
  2. Prof. Barbara Brown says:
    6 hours ago

    Do Reichsmarks have any value?

    Reply
    • Ms. James Peterson says:
      6 hours ago

      Good point! The Reichsmark is no longer currency. One could make a hypothetical case what it would have been worth if the bearer had gone to an exchange office, which depends on whether it is a pre-1923 or pre-1948. In 1923, the rate was 1:1,000,000,000,000.

      Reply
  3. Ms. Mark Smith PhD says:
    6 hours ago

    What is the 2 Reichsmark coin?

    Reply
    • Michael Anderson says:
      6 hours ago

      Great question! 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.

      Reply
  4. Michael F. Peterson says:
    6 hours ago

    What was the Reichsmark in 1939?

    Reply
    • Dr. Kenneth Edwards says:
      6 hours ago

      Occupation Reichsmark
      Banknotes were issued between 1939 and 1945 in denominations of 50 ℛ︁₰, 1 ℛ︁ℳ︁, 2 ℛ︁ℳ︁, 5 ℛ︁ℳ︁, 20 ℛ︁ℳ︁, and 50 ℛ︁ℳ︁. These served as legal tender alongside the currency of the occupied countries.

      Reply

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