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German States Prussia 10 and 20 Mark 1888 to 1912

 Date: 1905 
 Mint mark:
 Size: medium 
 Description from requester: Gold coin with Wilhelm II Deutscher Kaiser Konig V. Preussen written on it with profile of a face on one side. the other side has 20 mark 1905 Deutsches Reich on it with what looks like an eagle with scroll and hat over its head. 
 [Request 1060 received from Vee, Thursday, 20-Aug-2009, answered by Chris] 
 [Reviewed and updated by CoinQuest. Be sure to use the current value of gold., Sunday, 28-Apr-2013] 

German States Prussia 10 and 20 Mark 1888 to 1912 | 20 prussia mark 10 crown eagle coat man hawk falcon shield king reich hat wilhelm over head ii kaiser scroll Nice coin, Vee. And valuable too!

Your 1905 20 mark gold piece from the old German State of Prussia would sell retail well over $300 US dollars at today's gold price. The coin contains 0.23 troy ounces of gold. Let's say gold is priced at $1400 US dollars per troy ounce. That's 0.23 x $1400 = $322 in gold value alone for the 20 mark coin. Use Kitco.com for current gold price. The value changes every day. Look it up now!

The Prussian coin is so beautiful, and your specimen is in such good shape, it should draw several dollars more than its straight gold content. Read further for more details.

Prussia issued a gold 10 mark coin that looks the same as your 20 mark, only smaller:

10 mark: 19 mm diameter, 0.1152 ounces of gold
20 mark: 23 mm diameter, 0.2305 ounces of gold

A good formula to give an approximate retail price for this coin is to multiply the gold weight by the current price of gold and add a collector premium of $50 US dollars. That would be for an average circulated coin without any problems like nicks, scratches, stains, or cleanings. Uncirculated coins might double the collector premium.

DO NOT CLEAN YOUR COIN. CLEANING RUINS VALUE

At $1400 per ounce, the value with collector premium would be:

10 mark: 0.1152 x 1400 + 50 = $210 approx retail price
20 mark: 0.2305 x 1400 + 50 = $370

If you were selling this coin to a coin dealer, he or she would probably pay around 60 to 75 percent of the retail price. The difference is the dealer's margin, which keeps the dealership solvent.

Just about all the gold coins like this, regardless of date, sell for the same price. However, there are some special dates and mint marks where the $50 collector premium goes up, as follows:

10 mark:
1892: add $400 collector premium to basic gold value
1894: add $600
1895: add $400

20 mark:
1906J: add $100 collector premium to basic gold value
1909J: add $100

Storing rare coins in plastic bags is not a good idea. For well-worn, low-value coins it is ok. But you don't have that. You have a well-preserved, high-value coin. Chemicals in the plastic can easily ruin your coin's value in a few short months.

Coin dealers (look in the yellow pages, or online) carry all sorts of coin storage supplies. These are specially formulated containers that won't mess up your coin. Simple plastic 'flips' are cheap and easy to use. The plastic they are made of contains no softeners or PVC, which are the main culprits in damaging coins. At a minimum, return it to the jewelry box as you found it. If you'd like, contact us and we'll send you a flip by snail mail.

Tags: 20 prussia mark 10 crown eagle coat man hawk falcon shield king reich hat wilhelm over head ii kaiser scroll an v markt deuchmark marke preuss prussian marck preussen germany marks deutschemark prvssie state markvs crpwn tiera crowns crowned halfcrown crwon eagles tiarra eaglets eag tiara egals eagel eable egal ealge mans shiled male shileld crests shied arms crest insignia chevrons creast sheild boy shields shelid kings coats ashield escucheon shild escutcheon hood headed koenig heads willhelm scrolls oneheaded wihelm hooded reiches kaisers scrolled reichs wilh scrollwork riechs reick reigh deutiches dutches deutschem stado deustch deuches tates deutsche duetsches deutsches germandy deutscherlander deutches stato bundesrepublik german staate deutsch statehood stets deutchlands gremany deutschen deutschiand greman deutscher germeny stated deutschland states koin koningryk koenigreigh coing koning koenigreich kongung konge koningrik koeing koningrujk konig konigr koninkrijk koningin kongeriget konung koeni koningrijk kongerike

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   Categories > Central Europe North South > Germany gold

Fri, 18-Apr-2014 08:18:08 GMT, unknown: 789008 ABoeOeSkLAy1.
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