1 DM (deutsche Mark) = ca. 0.48 € (Euro)
The German 1 Mark coins from that era were actually made of copper-nickel, and the highest collector's value would be around $4, if it's still in uncirculated condition.
That may refer to "Deutsche Mark", the money used in Germany before they switched to the Euro.
The Deutsche Mark is a former currency of Germany that was in circulation until it was replaced by the Euro in 2002. There is no intrinsic silver value in the Deutsche Mark as it was a fiat currency, not backed by silver or any other precious metal.
The Deutsche Mark ended on January 1, 2002, when it was replaced by the euro as the official currency of Germany. The decision to adopt the euro was made as part of the European Union's plan for economic and monetary integration.
The first 1 DM coins weren't struck until 1950. (However, there were notes for 1 DM). ___ If you are asking about purchasing power or the exchange rate, the value of the Deutsche Mark, when introduced in June 1948, was fixed at 30 US cents, so US$1 = DM3,33. This was based on various assumptions about the old Reichsmark, some of which were incorrect. In September 1949, following the 30% devaluation of the British Pound against the USD, the Federal Republic devalued the currency to the 'historic' rate of DM4,20 = US$1. It stayed at that level till 1961.
The currency of Germany before the Euro was introduced in 2002 was the Deutsche Mark, or Mark for short.
Deutsche Mark coins and bills can no longer be used in ordinary commerce, but as of 2016 the Bundesbank maintains its policy of exchanging DM bills and coins for euros without restriction. The exchange rate is the same as that established when the euro entered circulation, approximately 1 DM to €0.51
That really depends on the year the coin was minted and the condition of the coin.
That really depends on the year the coin was minted and the condition of the coin.
If your question relates to the numismatic value of a 1978 Deutsche Mark coin, it is worth less than a dollar in circulated condition, and US$1 to US$2 in uncirculated or proof condition. This is the case regardless of which mintmark (D,F,G or J) you are referring to. If your question relates to the Dollar-Deutsche Mark exchange rate in 1978, US$1.00 = DM2.00 (FYI, it was US$1.00 = DM2.32 in 1977 and US$1.00 = DM1.83 in 1979).
Mark Wingett was born on January 1, 1961.