Please help with the Grading and possible value of this 1957 2 Deutch Mark!

RAISETOWIN

Please help with the Grading and possible value of this 1957 2 Deutch Mark!

ASUtodd

If my eyes aren't deceiving me, then there appears to be a small ding/dent at the 6pm, 3pm, and 7pm on the rim of the coin. I'm not much on grading but that could substantially bring the value and grade down. Could just be the picture also. Hard to tell from my end. Nice coin though!
Todd

lordmarcovan

Tough issue to grade. It looks AU to borderline Uncirculated, aside from the marks Todd mentioned.

Value? Sorry- the only Krause volumes in front of me at the moment are the 18th and 19th century ones.

RAISETOWIN

Just the one at 6 oclock. Its very minor compared to how it looks in the pic. No other dings. I think its just the lighting. I double checked the coin.

TwoKopeiki

There are a few on eBay in UNC with Buy-it-Now prices all at around $60.

Rickc300

I tried lightening up your pic a little bit in a photo editor... To me the obverse minus the mentioned rim dings is MS61 give or take a point. (Lightening the pic also lessened the apparent rim damage) Maybe shadowing from a 2X2 or something? The reverse even with lightening I can't really tell, at least an AU but most likely MS like the obverse...
Here is something I sometimes do to take a quick look at a dark photo listed on eBay, this way also shows marks from cleaning in most cases. I simply reversed the colors, it only takes me a couple of seconds to do.


The Standard Catalog of German Coins (2nd edition) lists the J mintmark (Hamburg) with the highest mintage of any of the mints for that year at 11.21 Million produced. 5.00 in XF, 35.00 in UNC. I would guess with the damage maybe a couple of bucks unless the market has really taken off on these since the 2nd edition came out. I do not have a current Krause handy at the moment...
Rick

RAISETOWIN

Thats weird because I have it at $110 in UNC by the kp's Standard Catalogue of World Coins

ASUtodd

Then I guess you know the value then!!!
Todd

Sapyx

I can't quite make out the mintmark, but it looks like a "J" to me, too. There were four mintmarks issued for this coin in 1957; D, F, G and J. The commonest is J ($60 in Unc) with D and F not far behind ($65 in Unc). G is much pricier ($135 in Unc). I'm using a slightly older Krause (2006) for the prices here.

The mintmark is the tiny letter, just above the tail-end of the "2". You've got the coin in hand; can you confirm the mintmark?

I also note a major disparity in Krause between EF and Unc prices. The prices in EF come down to $6, $6 and $7.50 respectively. So it appears to matter a great deal whether it's genuinely uncirculated or not. It's really too hard to be sure from those photos, so I'd have to err on the side of caution and say it's at least AU. No idea what to do with an AU price, based on Krause; suggest halfway between the EF and Unc prices as a ballpark ($33, $35 and $70 respectively).

ASUtodd

Link
Guess he wanted another opinion since our's wasn't good enough!! Just kidding, it's always good to check around on stuff.

Todd