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1874 2P Germany

I had to fool with the brightness on this one (it's just a B&W scan) so you could see it better. Maybe that wasn't that good of an idea. Anyway, I'm pretty much satisfied it grades high-VF/low-EF. I need to know the retail value in those grades. Poor little thing, after nearly a century-and-a-half, it caught some verdigris on that reverse (it's pretty slight, though). Thanks.

EDIT: I forgot to load the darn image, here it is...
image

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    olmanjonolmanjon Posts: 1,187 ✭
    From your pics I would say it is vf. What is the mintmark? Looks like either an e, f or g. These list in the 2007 Krause at $25-30. I have the g but not the e or f. Nice addition though.
    Olmanjon
    Proud recipiant of the Lord M "you suck award-March-2008"
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    Olmanjon, the mintmark is f (looks like 2 small f's on the eagle/shield side at the bottom). Can you tell me what your Krause says these go at in high-VF and low-EF? Honestly, these scans aren't for grading, they're just B&W scans. If you have to know, my digital camera is on the bum. Thanks.

    PS: Frankfurt Mint? Thanks, again.
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    lordmarcovanlordmarcovan Posts: 45,396 ✭✭✭✭✭
    The "F" is Stuttgart, if memory serves correctly.

    Collector since 1976. On the CU forums here since 2001.

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    lordmarcovanlordmarcovan Posts: 45,396 ✭✭✭✭✭
    Memory served correctly. Good. I ain't senile yet. The "F" mintmark is Stuttgart.

    The coin is KM#2, 2 pfennig. 6,405,000 minted.

    According to the 4th Edition Krause catalog (circa 2004), the prices are:

    $1.00 VG / $7.50 F / $25.00 VF / $125.00 XF.

    NOTE, however, that this is almost certainly another Krause error, which is sadly all too common in the more recent volumes.

    They apparently shifted the columns to the left. The correct prices should probably be:

    Unpriced in VG (as are most types) / $1.00 F / $7.50 VF / $25.00 XF / $125.00 UNC.

    PS- I pasted your black & white picture into my photo editing program and played with the contrast enough to see it. It looks like a solid VF to me, maybe borderline XF. It's still a bit small and grainy to give my grading opinion on it with any certainty.

    Collector since 1976. On the CU forums here since 2001.

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    Great info lord, thanks! Were you able to make out where the verdigris is in the B&W? It's ever so slight, but I do think it should bring the market value down some, if only just a tad.

    Anyway, let me ask you this. I identified this coin on the World Coin Gallery site. It lists the KM#2, generally, in XF, at $50. I don't suppose Krause further differentiates these values (as well as the mintages...might as well ask about those, too) on the basis of Mint, do they? I'm not a world coin collector, just an enthusiast, really, so I don't really know. Thanks.
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    Rickc300Rickc300 Posts: 876 ✭✭


    << <i>Anyway, let me ask you this. I identified this coin on the World Coin Gallery site. It lists the KM#2, generally, in XF, at $50. I don't suppose Krause further differentiates these values (as well as the mintages...might as well ask about those, too) on the basis of Mint, do they? I'm not a world coin collector, just an enthusiast, really, so I don't really know. Thanks. >>



    I'm not really sure I understand what you are looking for but here goes... There are 34 different date and mint combinations for KM 2. They were minted from 1873 to 1877 and depending on the date and mint the value can be into the hundreds of dollars. LordM gave you the mintage for the date and mint of your coin. The lowest of the mintages was 22,000 for the 1873-F while the highest was 1874-A at 37,360,000
    The mintmarks are:
    A=Berlin
    B=Hannover
    C=Frankfurt
    D=Munich
    E=Dresden
    F=Stuttgart
    G=Karlsruhe
    H=Darmstadt
    J=Hamburg

    The following are the dates and mints for KM 2. I don't list mintages on my spreadsheet so I can't just copy and paste that info like I did below for year and mint. The coins without a grade are the holes in my collection.
    1873-A-VF-25
    1873-B
    1873-C
    1873-D-VF-35
    1873-F
    1873-G
    1874-A-VF-35
    1874-B-VF-35
    1874-C-VF-35
    1874-D-VF-30
    1874-E-VF-30
    1874-F-VF-35
    1874-G-VF-30
    1874-H-VF-35
    1875-A-XF-45
    1875-B-VG-10
    1875-C-VF-35
    1875-D-VF-35
    1875-E-VF-30
    1875-F-F-15
    1875-G-F-15
    1875-H-VF-30
    1875-J-VF-35
    1876-A-XF-40
    1876-B-VF-25
    1876-C-XF-40
    1876-D-VF-35
    1876-E-F-15
    1876-F-VF-35
    1876-G-F-15
    1876-H-MS-62
    1876-J
    1877-A-VF-25
    1877-B

    Hope this helps,
    Rick
    Democracy is two wolves and a lamb voting on what to have for lunch. Freedom is a well armed lamb contesting that vote. Benjamin Franklin - 1779

    image
    1836 Capped Liberty
    dime. My oldest US
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    I dig almost every
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    lordmarcovanlordmarcovan Posts: 45,396 ✭✭✭✭✭


    << <i>Great info lord, thanks! Were you able to make out where the verdigris is in the B&W? It's ever so slight, but I do think it should bring the market value down some, if only just a tad. >>

    Didn't see it, but yes, you're right in that regard.

    Collector since 1976. On the CU forums here since 2001.

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    spoonspoon Posts: 2,798 ✭✭✭
    Yep, Krause gives different prices for the different mints in a given year. Just like US coins, the variance is largely based on mintage, availability, etc.

    That said, I wouldn't be too optimistic with lower grade German small stuff. There just isn't much interest in it. Well there is, kinda, but there's ample supply to sate what interest there is. Something like this, I'd guess could fetch a few bucks at most. Examples that are very nice for the grade, usually XF or better, can do well. But minors below XF kinda linger. There are exceptions, of course.
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    Beautiful, guys, thanks! Rickc300, thanks for that explanation, I incorrectly assumed the mintage lordmarcovan gave was for all the Mints. Thanks for laying out the rest of that for me, too, I appreciate it. And Spoon, thanks for the practical advice...I'll keep it in mind!
    image
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    lordmarcovanlordmarcovan Posts: 45,396 ✭✭✭✭✭


    << <i>... I wouldn't be too optimistic with lower grade German small stuff. There just isn't much interest in it. Well there is, kinda, but there's ample supply to sate what interest there is. Something like this, I'd guess could fetch a few bucks at most. Examples that are very nice for the grade, usually XF or better, can do well. But minors below XF kinda linger. There are exceptions, of course. >>

    Definitely. He speaks the truth. Stuff like this is in sleepytown, due to lower demand and large supply.

    Still, I have two words for you: buyer's market. Buy 'em all day long and collect 'em if it suits you. You can get 'em for pennies on the dollar- literally by the dozen in some bulk bags. I have a bunch. You could put together a type set or a date set if you wanted. They're cheap and they're old and they're a little bit underappreciated. And they have those cool Imperial German eagles on 'em. They might not be a red-hot investment, but like anything else that's already at rock bottom, they've probably got nowhere to go but up!

    Collector since 1976. On the CU forums here since 2001.

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    << <i>

    << <i>... I wouldn't be too optimistic with lower grade German small stuff. There just isn't much interest in it. Well there is, kinda, but there's ample supply to sate what interest there is. Something like this, I'd guess could fetch a few bucks at most. Examples that are very nice for the grade, usually XF or better, can do well. But minors below XF kinda linger. There are exceptions, of course. >>

    Definitely. He speaks the truth. Stuff like this is in sleepytown, due to lower demand and large supply.

    Still, I have two words for you: buyer's market. Buy 'em all day long and collect 'em if it suits you. You can get 'em for pennies on the dollar- literally by the dozen in some bulk bags. I have a bunch. You could put together a type set or a date set if you wanted. They're cheap and they're old and they're a little bit underappreciated. And they have those cool Imperial German eagles on 'em. They might not be a red-hot investment, but like anything else that's already at rock bottom, they've probably got nowhere to go but up! >>


    OK, got it. These kinds of things take a seasoned campaigner (a.k.a., the voice of experience) to know. Thanks for this, Lord! I mean...well, you know what I mean...lordmarcovan!
    image
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