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A 1907 Deutschmark is no longer legal tender. It may have some value as a collectible if it is in extremely fine condition.

An added note from a buyer/seller of coins: Melt value is what matters first for most older common circulated coins.With the upward price of silver, melt value is the benchmark for valuing silver coins. Unless a silver coin is rare or in extremely good condition most of us who buy coins judge them almost entirely by their melt value. The value of the 1907 Funf Mark is mostly in its melt value. In 1907 the German Reich marks were made with 5 grams of silver per mark. So, a 5 (funf) Mark had 25 grams of silver in it. If we figure 28.35 grams in an ounce, then 25 grams are about .8818 oz of silver. Simply multiply .8818 by today's spot price for silver and you have the melt value of the coin. As I write this, the spot is about $18 oz. for silver, so the melt value of the Deutsches Reich 1907 Funf Mark is about $15.87 today.

Expect to buy a coin like this in average to good condition for up to $25, but don't be surprised if you have to take somewhat less than melt value for it. Recently I bought one from a reputable online silver and gold bullion dealer for about a 30% premium over melt.

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Until the end of WWI, higher-denomination German coins were minted by the individual states that comprised the German Empire. The collector value of a 5-mark coin can vary depending on the issuing state. As of 10/2014 some representative retail collector prices from sammler.com, a major German collectibles site include:

Baden: US$125 - $200

Bayern: $25 - $100

Hamburg: $50 - $125

Preußen: $25 - $60

Sachsen: $65 - $125

For a more specific response, please post a new, separatequestion that includes the name of the issuing state.

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11y ago

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