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 Interesting find in penny bag - silver?
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Corsair
Penny Hoarding Member


811 Posts

Posted - 05/30/2009 :  18:44:58  Show Profile  Send Corsair a Yahoo! Message Send Corsair a Private Message
Hello all. I recently found a 50 Pfenning coin from the Bundesrepublik of Deutschland. It is dated 1950. From the ring it gives off when flipped and from the date, I'm guessing it has some silver content. I know that other German coins around that date did have some silver in them, and I am wondering if anyone knows for sure what percent this specimen is. Thanks a bunch.

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jadedragon
Administrator



Canada
3788 Posts

Posted - 05/31/2009 :  02:41:19  Show Profile Send jadedragon a Private Message
keys has a book that should cover that coin. Might want to PM keys.

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Cerulean
Penny Hoarding Member



USA
993 Posts

Posted - 06/01/2009 :  13:46:16  Show Profile Send Cerulean a Private Message
Postwar German coinage, that dated 1948-2000, has never contained silver in any denomination.

The exception is the silver 5 mark coin dated 1951-1974.

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Silver Surfer
Penny Pincher Member



USA
148 Posts

Posted - 06/01/2009 :  15:57:48  Show Profile Send Silver Surfer a Private Message
Found the following info at wikipedia:

"The first issue of coins in 1948 consisted of aluminium 1, 5 and 10 Pfennig denominations, with aluminium-bronze 50 Pfennig coins added in 1950. Aluminium 1 Mark, 2 Mark and 50 Pfennig pieces were released for circulation in 1956, 1957 and 1958, respectively. In 1969, brass 20 Pfennig coins were introduced, with nickel-bronze (later cupro-nickel) 5 Mark coins issued from 1968. For a period of several months following the July 1990 adoption of the Deutsche Mark, small-value GDR coinage (up to 50 Pfennig) continued to circulate in the former GDR as legal tender, because the Bundesbank could not deliver enough small coins to adequately replace the former GDR coinage in a timely fashion."

"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis
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Corsair
Penny Hoarding Member



811 Posts

Posted - 06/01/2009 :  20:19:10  Show Profile  Send Corsair a Yahoo! Message Send Corsair a Private Message
Thanks for the info. That's kind of disappointing. I still haven't found silver in my pennies yet. Ah well, I will eventually. Thanks again for the good research, guys.

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