This was one of the most common denominations in Germany prior to adoption of the euro in 2002. It's only collectible in higher grades; average-condition pieces are only worth about 50¢.
sammler.com, a major German collectibles site, lists the following approximate retail values as of 08/2012:
"D" mint mark (München [Munich]):
Slightly worn - US$2.50
Almost no wear - US$12.50
Uncirculated - US$50.00
"F" (Stuttgart):
Slightly worn - $2.50
Almost no wear - $12.50
Uncirculated - $50.00
"G" (Karlsruhe):
Slightly worn - $3.80
Almost no wear - $18.80
Uncirculated - $75.00
"J" (Hamburg):
Slightly worn - $2.50
Almost no wear - $12.50
Uncirculated - $56.30
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This was an ordinary circulation coin in Germany until they switched to euros in 2002. At that time it was worth about 50 cents.
It's an extremely common coin that was in regular circulation up until the euro was introduced. At that time it was worth about 50 US cents.
This was a common circulation coin until 2002 when Germany adopted the euro. At that time it was worth about 50 cents.