German 20 Mark Gold Coin Value
Nearly a quarter ounce of gold from Prussia, Bavaria, and other German states. A common WWII-era find in American collections.
Germany's gold Mark coins were produced from 1871 to 1914 across multiple German states. Prussia minted the most, but coins also came from Bavaria, Saxony, Hamburg, Württemberg, Baden, Hesse, and other states. All 20 Mark coins share the same gold content regardless of which state produced them.
Gold Content and Melt Value
German States and Their Coins
Prussia: By far the most common. Wilhelm I and Wilhelm II are the most frequently encountered portraits.
Bavaria: Second most common. Features Ludwig II, Otto, Ludwig III, and Prince Regent Luitpold.
Smaller states: Anhalt, Brunswick, Lippe, Mecklenburg, Oldenburg, Reuss, and others produced very limited quantities. These can sell for two to five times melt value.
What Affects the Price
Issuing state. A Prussian 20 Mark trades near melt. A 20 Mark from a small state like Anhalt or Reuss can sell for multiples of melt value due to rarity.
Ruler. Friedrich III of Prussia reigned for only 99 days in 1888, making his 20 Mark coins uncommon and valuable.
Why They Show Up in American Collections
German 20 Mark coins entered American collections in two main waves. German immigrants in the late 1800s and early 1900s brought them as portable wealth. Later, WWII soldiers brought them home as souvenirs. If you found German gold coins in a family collection, one of these is likely the story behind them.
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