This is a "large shield" (Wilhelm I) pfennig, they are less abundant in good condition than the later "small shield" (Wilhelm II) ones, which increases its value. But Stuttgart mint (F) is only a little bit less common than Berlin (A) for this year, and the year does not seem to be particularly special, so this would be a "generic" coin of this type. The NGC lists the value of the 1887F pfennig as 4 / 7.5 / 15 USD in F / VF / XF condition, but they typically overestimate it compared to the actual market prices. Here in Germany they usually sell these in sets to get a higher price, so probably even in AU condition it won't be valued higher than a few Euros apiece (unless you happen to find somebody who desperately needs this particular year and mint, that is). As for the misprint of the obverse, this should, of course, increase its value, but it would be very difficult to say by how much.
Could anyone explain further about the misprint on the obverse of the coin. I am still very new to coin collecting and would love to learn more about my coins.
The obverse is struck slightly off-center (the left border is wider than the right border). This is the most common minting error. As far as I know (and I must admit I know very little on the subject) off-centers are considered valuable only if they are more than about 10% shifted, which is definitely not the case here. But this still may make the coin more attractive to some collectors.
This coin is selling on eBay for around $50.00 US dollars if in XF condition. There are some going for over $150.00 but they are given as being BU in condition.
I often use eBay to determine the current value of a coin.
Collector of Third Reich coins (1933 - 1946), and Australian coins.
Not swapping at this time.
Citeer: "Kipsley"This coin is selling on eBay for around $50.00 US dollars if in XF condition. There are some going for over $150.00 but they are given as being BU in condition.
I often use eBay to determine the current value of a coin.
The average price asked on E-bay is far from realistic, and if the price seems to be good in the first place, you are crooked with foolish shipping and 'handling'costs. I have to admit there a few reasonable sellers also around there.
Citeer: "Kipsley"This coin is selling on eBay for around $50.00 US dollars if in XF condition. There are some going for over $150.00 but they are given as being BU in condition.
I often use eBay to determine the current value of a coin.
The average price asked on E-bay is far from realistic, and if the price seems to be good in the first place, you are crooked with foolish shipping and 'handling'costs. I have to admit there a few reasonable sellers also
around there.
Agreed; you can find good deals if you know for what and where to look, but the crackpots selling junk bin stuff probably drag any average price (or even any impression from picking randomly) to unreasonable levels.
Sometimes I see auctions with 11,00€ shipping costs, and I'm wondering if they're not just trying to get some pricing "insurance" (I get why the seller's end might be upset if one lucky person wins your silver crown with a single low bid, but come on.)
I quite agree, but the eBay prices will be the actual "what the market is" price. If people are prepared to pay $150.00 dollars for a coin that a book says only costs $5.00 dollars, then is the book wrong, or are the people wrong?
I saw just the other day a KGV Australian Penny going for well over $10,000.00 Australian and it was not even a rare date. On Gumtree (an Australian online market place) I've seen someone selling an Australian 1 dollar coin for $80.00, and it was just an ordinary still in circulation dollar coin.
I know some prices are stupidly high, but I still believe that eBay is a good source for determining a coins "today" value. After all, I'd feel rather silly if I put up a coin for sale at 6 Euro just because a book said so while everyone else had the same coin going for 10 times that.
Collector of Third Reich coins (1933 - 1946), and Australian coins.
Not swapping at this time.
There isn’t any need to squabble about eBay prices.
I just wanted to know if it may have been a rare date or mint Mark to see if it may have any value.
I do not want a price to sell it.
to have some idea of the rarity of a particular coin. It is useless for some countries and eras, but for German Empire, Weimar Republic, 3d Reich etc. it works pretty well.
The trick is not to look at the actual prices there, but compare the prices in the same condition (say, XF) for different mints of the same year and for this year compared with the other years. Also, the mintage (Numista catalog here has these numbers too for most of the coins) is an important characteristic, usually (but not always!) it is more or less inversely proportional to the value. If mintage is in the millions, the coin is probably common (there are some exceptions to this rule too, e. g. if most of the mintage was destroyed), otherwise there is a good chance that it may be valuable.
