Germany Prussia 5 Mark (Fakes are possible) 1877 and 1878
The German State of Prussia issued several 5 mark coins, but this is the only one issued in gold. All the others are silver. 1877 is the more common date. The coin in the picture is from 1878, and it is worth a little more than its 1877 cousin.
CoinQuest thanks Briefmarken Witte in Paderborn, Germany for use of their coin image. It is a beauty.
The base value (BV) of your coins (often called the melt value) comes from its raw gold content. Prussian 5 mark gold contains 0.0576 troy ounces of the precious metal. At today's 'weak dollar' market, gold is trading around $1275 US dollars per troy ounce. Multiplying that figure by 0.057 gives the melt value: $73 US dollars. Use kitco.com to find the current value of gold. It changes every day.
But these old coins are worth more than their basic gold melt value. Added to the base value is numismatic (coin collector) value. These old coins from Prussia are fairly rare coins and collector demand is strong. Approximate catalog values are:
worn: BV + $100
average circulated: BV + $200
well preserved: BV + $350
fully uncirculated: BV + $700
With scratches, stains, spots, or cleanings, collector value decreases rapidly toward zero dollars, so the coin is worth melt only.
NEVER CLEAN A COIN. CLEANING RUINS VALUE.
As with all valuable coins, you must watch out for counterfeits. The example below is an obvious fake (the date is wrong), but you can also see marked deviations in pattern and a strong deficiency in overall quality.
, Genre: Central Europe North South
Requested by: karin, Thu, 17-Dec-2009 18:59:10 GMT
Answered by: Paul, Thu, 26-Jun-2014 22:41:10 GMT
Last review by CoinQuest: Sat, 04-Jul-2015 13:32:15 GMT
Requester description: 1877 gold 5 mark coin dated 1877 front has wilhelm deutscher kaiser koenig v. preussen back deutsches reich 1877 5 mark
Tags: germany prussia 5 mark fakes counterfeit deustch bundesrepublik deutchland bundsrepublik deutschen deutiches deutsches deutscherlander deuches bundesrepublic germanic bundesrublika deutschland dutchland deutsch deutsche deut deutshen bundesrepublika deutscher german devtsch deutches deutchlands deutchen deutschlands devtscher preussen prussion preuss prussian prvssie deutschemark reicshmark dreimark sammel marke dutchemark kohlenmarke reichmark sammelmarke deuchmark markas marks marc satzmarke reichsmark marck replica forger counterfet fake counterfiet reproductions repro reproduction counterfeits replicas forgery gold wilhelm kaiser koenig v reich au goldish golden goldenen wihelm wilhelms wilh whilhelm willhelm kaisers kais koeni konung konigr koningsryk kongeriket koenigin koningrik koenigreich koningrujk kongung kong koninklike koningin koin koning koningrijk koningryk konge konigreich kongeriget koninkrijk koen koenigreigh koeing konigin konig kongerike beard hair crown tiara ribbon eagle hawk falcon coat shield arms tee goty goatee gotee whiskers beared bearded whisker beareded wiskers hairdo hairline crowned crowns tiarra crowning tiera eaglets egals egal eagles eagel sheild coats shiled crests chevrons shild escucheon insignia arm crested crest chevron creast shields escutcheon