German 20 Mark help.

[darrol]

This is for a friend he told me he found this coin when on holiday a few ago and he wants to know if its real or fake , coin weight  0.2796 0z   / 7.926 g .   I couldn't really help him as I don't have any of these coins to compare with,  also if this is not a fake how much would this be valued at ?

 

[augur]

The coin is quite heavily circulated with even some chunks missing on the obverse rim and the portrait; insofar the low weight might be justified if the dimensions (diameter/thickness) are correct. The reverse pearls appear smaller at the top and that can be reason to suspect a fake but here that could have been caused if the lens is off centre in the loupe when photographed. So unless the dimensions are off this coin should be genuine. 

Since 20 Marks are quite plentiful only good condition coins fetch a higher premium. This one has only very little value above spot. 

[ilovesilverireallydo]

It looks like ex jewellery (notice the lustre around the rim but not the centre of the coin) and that makes sense about the damage, rough method was used to pry it out of setting. Looks genuine but prob not worth more than spot 

[darrol]

It dose look damaged in places,  do you think  if it was sold to a deal it would be melt or scrap ? 

[augur]

A dealer will give you below spot no matter what the condition was. If it wasn't damaged probably 97%-98%

This one would likely be melted, so 95%? But spot currently moves in your favour.