Gold 0.21%
£3,207.62 OZ
Silver -2.37%
£47.45 OZ
Platinum -0.49%
£1,403.86 OZ
The Silver Britannia is capital gains tax free in the UK, making is a very popular choice with UK investors
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The early history of the term ‘Mark’ can be traced back at least to the 11th century when the mark was mentioned in Germany as a unit of weight (approximately eight ounces) most commonly used for gold and silver. In the 19th century, the Mark was a common small coin in the German states, but the value varied between states
The Gold Mark was equal to 100 Pfenning. Gold Marks were used in circulation and are seen in 10 and 20 Mark denominations. Coins graded as mint state usually command a premium over the prices seen onscreen, especially where the coin is of a low mintage as these types can trade at significant premiums
German Gold Marks are very popular with European type collectors. The various states within modern Germany meant many different designs are available for collectors to buy
Later dated Marks were struck in higher volumes and so trade close to the coin’s intrinsic value. The attractive designs offered also provide British Gold collectors an alternative to the Sovereign
As German was split into various automamous states, each could strike its own Gold Marks. This gives investors a lot of different types to collect. Gold 20 Marks were struck until 1914 due to the war
The Mark replaced the Taler and the Guilder in 1873, soon after the creation of the German Empire. The Mark then became the circulating coinage for commerce within Germany. After WWI the un-backed German Mark collapsed as Germany suffered from hyperinflation. the Gold Mark was replaced by the Rentenmark in 1924, at which time one US Dollar was worth 4.2 billion marks
In 1948 the Deutsche Mark or “German Mark” was introduced into West Germany, and over the next several decades it developed into one of the world’s leading currencies, challenging the Dollar and Pound Sterling on international exchange markets
In 1990 the Deutsche Mark became the official currency of reunified Germany, making East German Marks obsolete and exchangeable at parity with the West German Mark. However, in 2002 the Deutsche Mark ceased to be legal tender after the Euro became the country’s sole currency and Germany surrendered her domestic currency to be part of the European currency union
Gold German Marks are popular with historical Gold collectors Some Gold German Marks are extremely allusive given the low mintages which makes collecting these issues very challenging. Auronum offers live prices to investors looking to sell their Gold Marks at competitive premiums
The Gold Marks once functioned as currency within the German territory but were never part of the Latin Currency Union unlike the Italian Lire and Gold French Francs
The last German 20 Mark coin was struck in 1915 and featured the Uniformed bust of Wilhelm II. Gold 20 Mark coins remain a firm favourite with specialist collectors who just buy Gold Marks for their Gold holdings being a testiment to how great this series is
Auronum is a supplier of Gold coins struck by the most prestigious mints in the world. Our team perform weekly price checks against other top-tier bullion companies to ensure our clients never pay more
