Germany (East) 1 and 2 Mark 1956 to 1990

You are correct both times, Rajeev. Your coin is from East Germany and it is made out of aluminum. The old East Germany was called Deutsche Demokratische Republik while the old West Germany was called Bundesrepublik Deutschland. Tranlated, these mean 'Democratic Republic' and 'Federal Republic' respectively.

Like all modern coins, these are worth face value. If you have a nice specimen with little wear, no problems, and good eye appeal, a collector will pay a few US dollars to add it to his or her collection.

For later dates, the 'Deutsche' is dropped from 'Deutsche Mark' on the side with the numeral. (Deutsch means German.) Collectors, then, would want to have both types in their collections: one with 'Deutsche' and one without it.
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Coin: 6593, Genre: Central Europe North South, Timeline: Modern
Created (yyyymm): 201100, Last review: 201704
Appearance: Normal round coin Metallic gray Letters: Latin
Years: sort: 1956, filter: 1956 to 1990
Image: germany_ddr_1_mark_1956.jpg
Tags: deutiches grain fern republicas manufactured marc aluminium reipvblicae symbol bundes devtsch sammelmarke bordered ribbons deustch symbal marke liafy deutsche symbels manufacture deutchen leaves republique germanic twice reichsmark compass marck leaf repvbliqve deutscherlander repbulique aluminum moulding repvblique 2nd german mallot border eastern numeral deutsch deutchlands wheat germany deutschen leave deutscher republika wheats leaved leafs republiek wheatie reicshmark craftsman numerals simbol bundesrepublic deutschland boundrey mallets kohlenmarke leafe hammers markas republiove leafy deut symbols democratiscke two mallet east republik worker bough devtscher deuches deuchmark deutchland leafed bundsrepublik symbles deutsches repub leavs foliage sammel democratic easterly deutches bundesrublika ferns sash manufacturing bundesrepublik grains yrs repvblica hammered dutchland 1st deutshen sledge dreimark republicans boughs mark years tool sledgehammer dutchemark tools bund bounded simble deutschlands republicia marks demokratische ivy repvbblica republican manufacturer year rebublique reichmark deutschemark bordering greenery boundary scythe satzmarke bundersrepublik hammer mfg bush ribon republ boarder working bundesrepublika republica alum republic ribbon