Helimaker Posted October 5, 2008 Report Share Posted October 5, 2008 I bought 10 1938 5 Reichsmark Silver coins from a dealer in Toronto for $60. Does anyone know if this was a good deal and what the silver content in them is. Link to comment Share on other sites More sharing options...
bill Posted October 5, 2008 Report Share Posted October 5, 2008 I bought 10 1938 5 Reichsmark Silver coins from a dealer in Toronto for $60. Does anyone know if this was a good deal and what the silver content in them is. It depends on the mint, the condition, and US or Canadian dollars. Without a picture, no one can for sure. The coin is .900 fine silver or .4016 ounces of silver. Mint marks E, F, or G are the more scarce pieces of that year. Link to comment Share on other sites More sharing options...
sturzny Posted October 7, 2008 Report Share Posted October 7, 2008 How good a deal you got depends somewhat on why you bought them. If you were buying them as bullion, you paid a rather hefty (although not unheard of) premium over spot, assuming you bought them recently and not back when silver was over $15 the ounce. If you were buying for numismatic value, and the coins are somewhat better than average circulated and/or some of them have the better mint marks, then you got a fair deal. I am assuming these are not UNC or BU coins as coins in this state are quite scarce in Nazi silver and no knowledgeable dealer would sell them so cheaply. Link to comment Share on other sites More sharing options...
sgard Posted November 6, 2008 Report Share Posted November 6, 2008 O.K. Perhaps US$. Then 60$ = +-30 Ls. Then 30/10= 3 Ls It may be nice price in Latvia I think. If coins are not in bad condition. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.