Germany 1923-J 500 mark

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from the Stack's Bowers 2021 Collector's Choice sale, lot 71246
SB621-71246r.jpg

This specimen was lot 71246 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, June 2021), where it sold for $384. The catalog description[1] noted, "GERMANY. Weimar Republic. 500 Mark, 1923-J. Hamburg Mint. PCGS PROOF-64 Cameo Gold Shield. Exceeded in the PCGS census by just one example, this dazzling near-Gem presents lightly frosty devices and great mirroring to the fields." This coin is an aluminum 500 mark from a type issued 1923 only from six mints, including Hamburg (mintmark "J"). Under the German Empire of 1871-1918, the denominations of two mark and up were permitted for the formerly independent principalities while the lower denominations (one pfennig thru one mark) were minted to a unified design. Soon after this issue, the German mark collapsed completely, destroying the savings of the German middle class and radicalizing it.

Recorded mintage: 1,008,000 + proofs.

Specification: 1.67 g, aluminum, 27.1 mm diameter.

Catalog reference: KM-36; J-305.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Jaeger, Kurt, Die Deutschen Münzen seit 1871, Basel: Münzen und Medaillen AG, 1982.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The June 2021 Collector's Choice sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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