I acquired this piece in a small collection. I don't collect foreign coins so I'm not certain what this is nor its value. My guess is that it is from German States - Prussia. Am I correct? Also, is this a common coin or is there a numismatic premium associated with this type? Weight: 7.9 grams. Diameter: 23 mm.

With a mintage of 4.160.000 this coin is considered a bullion coin. At every jeweller in Germany you can find this coin at 110-120 Euro.

OK, thanks! I payed melt value for it last year so I don't feel bad.