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What To Do With Foreign Coins

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Valued Member
Australia
208 Posts
 Posted 01/08/2015  09:30 am  Show Profile   Bookmark this reply Add Misterpostman to your friends list
1. Giving some or all to another young person interested in coins might be very good.
2. At a garage sale, you might get about 25 cents a coin and maybe meet another collector.
3. Anything from the mid 60's back has a decent chance of containing some silver. At a coin show, you might get about 90% of melt value. For example, a Canadian quarter from 1966 or earlier has about $2.50 worth of silver.
Edited by Misterpostman
01/08/2015 09:33 am
Pillar of the Community
1325 Posts
 Posted 01/08/2015  11:02 am  Show Profile   Bookmark this reply Add shadz to your friends list
Imprison the invaders! I mean, keep them all to compare to your own country designs and realize how your countries coinage designs suck.

Your country: Another dead guy, another dead guy another dead guy...
Foreign: OH LOOK! A yak, or is it an emu? (goes online to check) Oh, a pygmy marmoset.
Bedrock of the Community
United States
20753 Posts
 Posted 01/08/2015  11:13 am  Show Profile   Bookmark this reply Add just carl to your friends list
Some time ago I used to work in a place where there were many people from other countries. As I talked to them and explained I was a coin collector, many would bring me coins from their countries. I couldn't get the point across that I only collected US coins so they kept on coming. Eventually I ended up with a few boxes of those coins. So I put them in 2x2's and attempted to write on the flip what it was. About half I never could figure out what they were but still some fun. I still have those boxes of those coins. Doesn't hurt to collect other STUFF you know.
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United States
189767 Posts
 Posted 01/08/2015  11:20 am  Show Profile   Bookmark this reply Add jbuck to your friends list
There is nothing wrong with a dark side collection. Even I have one.
Pillar of the Community
United States
677 Posts
 Posted 01/08/2015  11:24 am  Show Profile   Bookmark this reply Add schmidty to your friends list

Quote:
One From Each Country (OFEC) is a remarkably popular sideline among collectors, and a specialty for many. You can easily accumulate a huge number of countries - almost 200 is a reasonable goal - and it's cheap and easy to get into while still offering advanced goals for the serious collector.


The "cheap" part of this might really appeal to you since you are a youngster. As Dave said, for very little money you could amass quite a collection. That money for rolls of halves you referenced in another thread would go a LONG way filling out an OFEC collection!
Rest in Peace
United States
7075 Posts
 Posted 01/08/2015  11:26 am  Show Profile   Bookmark this reply Add Buddy to your friends list
I look through junk bins at shows to find foreign coins with animals on them for my critter coin collection. It's a 'just for the fun of it' collection. So you might consider putting together a themed collection -- like animals, or ships, or monarchs, or even birth years for family members.

If you decide to have a themed collection, you can then trade away the ones you don't want for ones that fit your collection.
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Canada
695 Posts
 Posted 01/08/2015  1:04 pm  Show Profile   Bookmark this reply Add aiglet7 to your friends list
Had the same problem a couple of years ago. Took about 80, put them in 2 x 2's, labeled them and gave them to a Social Studies teacher at an Inner City school. They were gratefully received and were a hit with the youngsters. Have been advised by the teacher that none have gone astray!
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Canada
2781 Posts
 Posted 01/08/2015  1:50 pm  Show Profile   Bookmark this reply Add Wade to your friends list
I am all for an OFEC collection, but after 150 it isn't "cheap" anymore

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 Posted 01/08/2015  2:09 pm  Show Profile   Bookmark this reply Add shadz to your friends list
150 coins or countries? 150 coins is easy with those Canadians floating around.
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United States
509 Posts
 Posted 01/08/2015  4:13 pm  Show Profile   Bookmark this reply Add CLS12 to your friends list
Are all foreign coins considered dark side? I've been curious to what "dark side" means.
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United States
509 Posts
 Posted 01/08/2015  4:17 pm  Show Profile   Bookmark this reply Add CLS12 to your friends list
BTW- I just throw the foreign coins into a zip lock and find myself flipping through them often. Sometimes I'll just drop a magnet in the bag and see how many stick or I'll see how many I can connect in a row.. I've acquired the majority for free from coin counter at CU or brought them back from vacations. I do look at them quite a bit.

Disclaimer: I research every foreign coin I find before they go in the bag. Most have limited value over design coolness
Edited by CLS12
01/08/2015 4:19 pm
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23522 Posts
 Posted 01/08/2015  4:47 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Great setup for a teaching moment, CLS12. Thank you.

Always use the term "Darkside" with a humorous connotation in mind. It's a term defined differently by everyone, and only appropriate in humorous context. US Classic collectors poke it at World collectors. Morgan guys paste it on Peace guys. I'd throw it at someone I knew who just switched his preference from blast white SLQ's to nice circulation cameos.

But all in fun. It's a loaded term otherwise.
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United States
189767 Posts
 Posted 01/08/2015  5:30 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
It comes from the notion that a collector knows more about the dark side of the moon than they do about whatever it is you are calling dark side or darkside.

For what it is worth, I learned that from Sap. Until then, I always thought it was like the dark side of the force. "Those coins are evil. EVIL!"
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United States
1192 Posts
 Posted 01/08/2015  6:04 pm  Show Profile   Bookmark this reply Add Bertensgrad to your friends list
I like just having a big box of circulated foriegn coins haha. I like looking at them but can't justified getting flips for them.
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Australia
16867 Posts
 Posted 01/08/2015  7:43 pm  Show Profile   Bookmark this reply Add Sap to your friends list
"Darkside" is Internet coin forum slang. The term was invented over a decade ago, either on the PCGS forum or a now-extinct forum; it was originally applied by American collectors of American coins, to American collectors of World coins. As jbuck said, it derives from the notion that your typical American coin collector knows more about the dark side of the moon than they know about foreign coins. In a North American context, Canadian coins are considered "greyside" - not quite as dark.

As for the OP's question: if you're sure you have no interest yourself in them and don't want to keep them, then selling or trading them away is probably your best option. If you're feeling generous or having trouble finding anyone to take them, you could always give them away; some charities have big moneyboxes at airports where travellers returning from overseas can dump unwanted foreign coins. Other charities no doubt also have means of disposing for profit of any coins donated to them.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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