What Type Of Silver Coin Is This?!

[TreasureHunter02]

I bought this coin in a lot with a bunch of other silver and foreign coins, a sterling toothpick holder, and a 10k gold tie tack for $60! I couldn't believe it. Now I'm trying to identify this coin. It's the only one I couldn't find what it is and how much it's worth. It's the size of a Morgan dollar. Any ideas will be greatly appreciated! Thanks!

 

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[digger460]

Germany Saxony 2 and 5 Marks 1875 to 1902

 

[JP Custom]

I found this page don't know if you have or not?
Coin Value: Germany Saxony 2 and 5 Marks 1875 to 1902

Here is what the page says with a pic of that coin incase you don't want to click on links

Germany Saxony 2 and 5 Marks 1875 to 1902

Nice coin, DonR29. Sachsen is the old German State of Saxony which, like most German States, continued to mint their own coinage after the German Empire congealed in 1871.

Sachsen minted both 2 and 5 mark coins with the same pattern. Here are some statistics:

2 (zwei) marks: 28 mm diameter, 0.321 troy ounces silver
5 (funf) marks: 38 mm diameter, 0.804 troy ounces silver

The zwei mark coin in the picture is in great shape. It is a well preserved coind currently for sale at Westfälische Auktions Gesellschaft for 325 euros ($460 US dollars), a fair price for such a beautiful piece in such good numismatic condition. If yours looks like this one, figure an equivalent retail price. More wear means less value. Scracthes, stains, cleaning, and other damage mean *much* less value

CoinQuest thanks Westfälische Auktions Gesellschaft for use of their great coin picture.

NEVER CLEAN A COIN. CLEANING RUINS VALUE.

Here are some approximate catalog values for these coins:

2 ZWEI MARK BEFORE 1890:
worn: $40 US dollars approximate catalog value
average circulated: $120
well preserved: $600
fully uncirculated: $2500
2 mark dated 1879E catalog at $200 in average circulated condition, and at over $2500 in fully uncirculated.
2 mark dated 1880E and 1883E catalog at $2500 in fully uncirculated condition.

2 ZWEI MARK AFTER 1890:
worn: $35 US dollars approximate catalog value
average circulated: $65
well preserved: $120
fully uncirculated: $400
2 mark dated 1892 without the E do not have the eagle, but a German text. These catalog at over $1000.

5 FUNF MARK 1875 TO 1902:
worn: $40 US dollars approximate catalog value
average circulated: $90
well preserved: $800
fully uncirculated: $1600

Use our Terminology page to convert these catalog values to actual buy and sell values.



5 mark coins dated 1891 to 1895 with an E mint mark are quite rare if they are in fully uncirculated condition. Figure a catalog value of $2000 for such coins. In circulated condition, these coins are worth about the same as the other dates of 5 mark coins.

Finally, there are 1902E coins, both 2 and 5 marks, which are fairly common. They have small inscriptions below the king's portrait and commemorate his death that year.

1902E 2 ZWEI MARK Albert's Death:
worn: $25 approximate catalog value
average circulated: $70
well preserved: $100
fully uncirculated: $150

1902E 5 FUNF MARK Albert's Death:
worn: $50 approximate catalog value
average circulated: $180
well preserved: $100
fully uncirculated: $220


Hope this helps
L8's