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Replies: 42 / Views: 6,180 |
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Valued Member
Finland
294 Posts |
It would be nice to hear updates to this topic. Personally I have slowed down a bit and don't actively search new coins. I have just a little more than 2350 coins in my binders at the moment. Majority of them are from 20th century, but some are older or recent issues.
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Pillar of the Community
United States
2637 Posts |
Quote: Strictly speaking there are £5 coins issued here in the UK - they are commemorative and are copper-Nickel. You can even pick one up for £5 if you are very lucky. But you try and spend in it a shop and you will not be able to. At my LCS, I've picked up 1 and 2 £ coins [even one 5 £ commemorative coin] in the junkbox because someone would have to go to the UK to redeem them (also 500 yen, 5 Swiss Franc, 2 euro, etc.). Last summer my daughter traveled to N. Ireland with a college group; I gave her over 100 £ in coins, including the copper nickel 5 £ coin. She went to a fair in Belfast and bought a scarf for 4 £ with it, getting a £ back in change. Of course, the fact that she is an attractive, well-mannered American probably didn't hurt to facilitate the transaction [or the fact that the transaction was in N. Ireland]. I feel like I got good value for my 20 cents.
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Valued Member
Canada
202 Posts |
I am collecting worldwide type coins as well, but limiting it to my birth year - 1969. Only circulation strikes - no commemoratives unless the coin replaces the regular design issue for that denomination and the denom. series must not have been interrupted (an example being our current Canada 25 cents coins - I want the caribou design, not the coloured/non coloured comms), no FAO, and no proofs (I find that makes it a slippery slope into lots of silver and eventually gold.. ;) ) Luckily, being born in 1969 takes me out of the silver era for a lot of circulation coins - helps keep the cost down!
157 obtained out of 370ish possible..
(so if anyone has any of that year in nice quality to trade, I have profiles by this name on Numista and the other big name global coin trading site..)
Edited by darcyrmt 03/08/2016 12:34 am
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Pillar of the Community
United States
1915 Posts |
I have a world type collection going nowhere and doing nothing. Thinking of selling it at a decent discount of perhaps 50% catalog estimated but I only had low ball offers from dealers not acceptable. I need to find someone that wants to begin with a pretty darn good jump start on collecting world types. Probably a couple thousand coins all in holders and binder pages countries A to Z. Instant collection to proudly display they can build on.
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Pillar of the Community
United States
1911 Posts |
Huh just saw this topic. I too am a worldwide type collector! Although I am just focusing on coins that fill holes in my Dansco type albums. Have US, Japan, Mexico, and recently acquired Israel type albums. There are 10+ left that I am searching for and trying to save up coins to fill them! :D
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Pillar of the Community
United Kingdom
2624 Posts |
I have a world type collection too... also not doing too much. I have significant numbers of British, USA and Australian coins collected by date and then some mixed binders of more diverse coins (the basis of which was my granddads war coinage from when he travelled around with the army in WW2 (Africa and Germany mainly)but I added many too with my multiple trips abroad (Carribean Islands, Bahama's, Lithuania, Bulgaria, Italy, Tunisia, Spain, Greece, Holland, Belgium, France, Hong Kong etc etc)
I have reached the stage where I will add stuff if it turns up and I haven't already got an example but I don't chase around too much for world coins (try to concentrate on ancient coins and adding some gold bullion)
I have krauss catalogue sitting here on my desk, such a massive book is rare to see and it states on the cover "60,000 illustration" so that gives you an idea of the number of types 1900-2000.
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Pillar of the Community
Canada
2781 Posts |
a year or so ago I liquidated my typeset (3300 coins) and have been working on OneFromEachCountry (now at 300, check link in my sig). haven't look back since. I have 300 really interesting coins that I can slowly upgrade. easy to handle, store and show.
I sold off by country, with all the silver separately, and did ok.
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Pillar of the Community
United States
1915 Posts |
"OneFromEachCountry"
I like that as a great coin collecting theme. Did you happen to see or are you a member of that group in Canada called "EveryCountryCollectorGroup"?
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Pillar of the Community
Canada
2781 Posts |
never heard of it. googled it but can't find any info
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Pillar of the Community
United States
1915 Posts |
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Pillar of the Community
Canada
5246 Posts |
I see that this topic is still active. I have been collecting by type for more than 20 years. I have a large number now! Junk bins and bulk lots are the way to start. After the first few 1000, bulk lots give you very few new coins; junk bins are better. I am somewhat of an expert in going through junk bins by now! The problem that you will find is that it is very difficult to even get all the type coins of a single country. Invariably there are some that are expensive, or seemingly impossible to find despite the low catalogue price. Trying to get 100s of coins 1 by 1 from ebay will cost a lot of postage. Try to find a dealer with a large on-line catalogue, but after 10,000 coins you will find it hard to get new ones at low prices. Still, new ones show up in junk bins, so keep searching. Good luck on this adventure!
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Pillar of the Community
Canada
5246 Posts |
Albert, unfortunately the average type coin will never get 50% of catalogue, since so many are so common and are very slow sellers. You might get 50% for some of the better ones. I know of no dealer who will pay that much for huge lots of mostly common coins.
There is a reason dealers have "junk bins". The work involved in trying to sell them individually eats up all their profit.
I recently sold a large mass of duplicates to a local dealer who is prepared to deal with high volume, low cost items, and has a customer base for that. I was happy to accept 20 cents apiece for the better material, and 7 cents apiece for the common stuff.
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Pillar of the Community
United States
1915 Posts |
Thanks for the info. It makes sense and I agree. I just wish I could find a beginner world type coin collector that wants to start off with a whopping big bang and build on it from there. These are all nicely mounted in holders and well presented in big binders. I figure no dealer would pay half-Krause but a serious and focused collector would. This lot contains quite a lot of pretty good coins (better than expected)but it is true most of the coins are not so valuable.
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Pillar of the Community
United States
6130 Posts |
Albert, you might want to consider breaking your set down by country, and listing on ebay as several lots. ebay bidders expect to get a good deal, but the smaller and more focused the lot, the narrower your audience but the closer you will get to catalog. List all of the coins as one huge lot, and you might get $0.25 each. Personally, I was an accumulator until just a few months ago. I still passively build sets, but have begun to narrow my focus toward Panama, Japan, and US Philippines. Most countries fall into the "boring, zero challenge" category, or have massive rarities or a prohibitive number of circulating commemoratives.
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Pillar of the Community
Canada
5246 Posts |
Finn235 has a good idea. Another idea is to find a local show (not one of the monster national ones) and set up a table there for a few months. At our local show (maybe 6-8 coin dealers), there are lots of people hunting for new material, and new dealers are invariably mobbed by these people (that includes me!). It is true that either ebay or the local show is a bit of work, but the way I look at it, you either put in the time yourself and get more for the collection, or the dealer does it and gets more. It is kind of a simple equation that way.
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Replies: 42 / Views: 6,180 |
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