20

Apr 2012

20

Apr 2012

About the 1 Deutsche Mark German Gold Coin

By StoneX Bullion

Commemorative 1 Deutsche Mark German Gold Coin

This article will make a thorough description of the 1 Deutsche Mark German gold coin, which was issued in 2001 in a limited edition that appealed greatly to collectors and investors. On 27 December 2000, a law given by the German government authorized the Bundesbank to issue this special commemorative coin in 2001.

But what does a 1 Deutsche Mark German gold coin commemorate? The answer is very simple: the passing of Germany from marks as a currency to the Euro currency. It is the end of an era, the era of the German mark, and in 2001 through the minting of this particular gold coin this change was celebrated.

The 1 Deutsche Mark German gold coin minted in 2001 was manufactured from 99.90% pure gold. The weight of pure gold used in minting one coin is of 12 grams and there were used 12 tons of gold for producing these gold coins. Another characteristic is the diameter of 23.5 mm.

1 Deutsche Mark German Gold Coin Design

The design of a 1 Deutsche Mark German gold coin is almost the same with that of the circulating DM 1 coin, in order to remember people of the currency that was replaced by the Euro. The obverse is a simple one, illustrating the inscription 1 DEUTSCHE MARK and at the bottom of the 1 Deutsche Mark German gold coin is inscribed the minting year, 2001.

The reverse depicts the image of the German eagle, the same that was found on the cupro-nickel DM 1 coin, and is now found on the 1 Deutsche Mark German gold coin. On the reverse is also illustrated the difference between the design of the two coins: instead of the inscription Bundesrepublik Deutschland, on the gold coin is inscribed DEUTSCHE BUNDESBANK because it is the issuing authority of the commemorative gold coin. The mint mark is also inscribed at the bottom of the coin.

Limited Edition 1 Deutsche Mark German Gold Coin

There were minted exactly one million gold coins to commemorate the retirement of the German mark in 2001. 5 different mints produced these coins, each with a partitioned number of 200,000 coins. The mints can be identified by looking on the reverse of a 1 Deutsche Mark German gold coin.

In our case, on the reverse of the coin displayed on our website is inscribed the letter A which means that this particular 1 Deutsche Mark German gold coin was minted in Berlin. Other mint marks inscribed on the reverse of these German gold coins issued in 2001 are: the letter D to indicate the Munich mint, the letter F suggest the mint from Stuttgart, G is for the Karlsruhe mint, and the last one is the Hamburg mint identified through the letter J.

The change of a currency in a country is an important moment and the German government chose the perfect form for people to remember this passing; they chose to celebrate by issuing a gold coin, a 1 Deutsche Mark German gold coin in 2001 which became of high interest for collectors due to its limited number and to the one time occasion in which was issued.

The issuing of the 1 Deutsche Mark German gold coin had a great success among collectors and investors and no one should miss the opportunity of acquiring this gold coin, available on our website.

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