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Binder Full Of Older Foreign Coins

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Pillar of the Community
United States
5318 Posts
 Posted 12/12/2008  10:27 am  Show Profile   Bookmark this reply Add KurtS to your friends list
Judging from the portrait on your '41 Shilling, I'd say that's better than EF, so it's give it a solid aUNC.
Also, since Krause prices are way off on Aus coins, it might be the same for NZ.
Pillar of the Community
United States
2049 Posts
 Posted 12/12/2008  10:29 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list
Hi MrRick...you have some very nice coins. If you want to do your own looking up and such, try https://www.(131231) Not Allowed - Auto-Removed

You will need to be able to identify the country first, then the denomination and year. I find it to be a very helpful site and make sure to note the KM# or Y# on the 2x2. You can use that number and make an educated guess at the condition, and then look up the value at the top of the page where it lists all the coins and denominations by country.

Good luck!
Pillar of the Community
United States
3499 Posts
 Posted 12/12/2008  10:33 am  Show Profile   Bookmark this reply Add Archraz to your friends list
MrRick- You certainly have a wonderful collection of coins from New Zealand there. Congrads!
Pillar of the Community
United Kingdom
1077 Posts
 Posted 12/12/2008  10:34 am  Show Profile   Bookmark this reply Add QuickSilver to your friends list
Wow! I'd say the 41 shilling is Unc, a few bag marks but no wear that I can see, I'd like to see it under a loupe.
Valued Member
United States
122 Posts
 Posted 12/12/2008  11:17 am  Show Profile   Bookmark this reply Add MrRick to your friends list
I was curious why the NZ coins seem to be higher priced than most other World coins? Because they have cool designs or more people collect them or both?
Pillar of the Community
United States
2669 Posts
 Posted 12/12/2008  12:06 pm  Show Profile   Bookmark this reply Add xshift to your friends list
A lot of it is demand vs. availability. Like with the 41 shilling, there were only 440,000 minted. The coins are popular, so there aren't enough to go around.. price increases. Some low mintage coins are dirt cheap simply because they've been overlooked or nobody likes to collect them. If I remember correctly, in that KM (KM# 9 Shilling 1937-1946) the 1941 has the 2nd lowest mintage. There's only one other year in that KM where they minted fewer coins. Prices were comparable to the '41, with the rest much less in price and higher mintages.

Some of it can just be plain hype.. like when everyone goes bananas over a certain coin.. press releases, "experts wild-eyed with disbelief!" headlines, etc.. creates an unrealistic market for a coin that is as normal as the next. Sometimes it is perpetuated down through history, too. I can't recall off the top of my head which one it is, but I know there's at least one specific example for this in US coinage. If I find the brain cell that houses that info (if it hasn't wandered off), I'll post back
Valued Member
United States
122 Posts
 Posted 12/12/2008  11:03 pm  Show Profile   Bookmark this reply Add MrRick to your friends list
Samperbob - "The last coin pictured is very interesting WWI "Kriegsgeld" which means literally War Money. Looks like Iron and the shape is nice. It was issued by the Rhineland and it is number 2-2 in Upton's Emergency Coinage of Germany. Value is listed at 25 cents but the history is worth more.
===============================================================

Having that piece valued at 25 cents is insanity. I mean who would be sitting around saying, "I need 25 cents & this 1917 German "coin" is taking up too much room!"?

I think if the going rate is 25 cents, I'll keep mine :)
Pillar of the Community
United States
5318 Posts
 Posted 12/13/2008  12:08 am  Show Profile   Bookmark this reply Add KurtS to your friends list
Guess I'm a harsh grader
Here's my NZ Florin...I'm thinking VF, although Rick thinks better of it

Got this one for $8, check out what Krause says...

Binder-Full-Of-Older-Foreign-Coins
Valued Member
Australia
432 Posts
 Posted 12/13/2008  12:40 am  Show Profile   Bookmark this reply Add Zaggy to your friends list

Quote:
All Australian 1925 shillings were struck with 1925/3 overdate dies. In 1923, no shillings were produced, but dies had been prepared in anticipation of orders that never came. So, the mint took the attitude of "waste not, want not" and retooled the 1923s for 1925. I assume they didn't do it in 1924 because a 1924/3 overdate would have been harder to hide


I'm not 100% on this, but if I remember the story right, the 1924 dies were already prepared for 1924, so the first chance the mint had to 're-use' the 1923 dies, was in 1925...

Also, I'm curious as to the full list of what German Stuff is in this album... The WW1 era Kriegsgeld is pretty cool... :)
Valued Member
United States
122 Posts
 Posted 12/13/2008  09:01 am  Show Profile   Bookmark this reply Add MrRick to your friends list
I'll put up some of the German coins after I get back from Christmas shopping & spending all of my $$$$$ this afternoon
Pillar of the Community
United States
2669 Posts
 Posted 12/13/2008  2:48 pm  Show Profile   Bookmark this reply Add xshift to your friends list

Quote:
Guess I'm a harsh grader
Here's my NZ Florin...I'm thinking VF, although Rick thinks better of it

Got this one for $8, check out what Krause says...


holy moly! 8 bucks?

I think you're a little harsh as well.. Australia XF says: Wear will be confined to the very high points of the design and the natural mint lustre common to uncirculated coins will be still almost intact. VF says: Most of the high points will be affected and only traces of the mint lustre will be present.

High points look good to me I'd be more inclined to go with XF on this one barring the luster issue, as I can't tell luster in many pictures yet. Looks like slight wear on the crown, slight wear on Mr. Kiwi's neck, back and flank, but I'm no expert on these strikes, any weak strike issues with these?

And Krause says:
Mintage only 150,000! VF:80.00 XF:400.00 UNC:1,500.00

Either way, that was one ach-ee-double-toothpicks of a purchase (we need a drool icon! )
Pillar of the Community
United States
5318 Posts
 Posted 12/13/2008  3:07 pm  Show Profile   Bookmark this reply Add KurtS to your friends list

Quote:
I'd be more inclined to go with XF on this one barring the luster issue, as I can't tell luster in many pictures yet. Looks like slight wear on the crown, slight wear on Mr. Kiwi's neck, back and flank, but I'm no expert on these strikes, any weak strike issues with these?
Regarding luster, these Florins toned quickly because they were 50/50 Silver/Copper. And yes--I've also seen strike issues appear on the Kiwi bird. I have a nice UNC 1963 with weak details on the same areas, so it might have something to do with the design or metal flow during strike. Thanks Xshift--this is a bit of a key find...and what I most enjoy about collecting.

To comment on MrRick's binder--you have a very nice group of coins there! I look through a lot of dealer's world binders and seldom see such an interesting selection. I especially like your 1941 NZ Shilling. That's a top-drawer coin.
Valued Member
United States
122 Posts
 Posted 12/17/2008  09:08 am  Show Profile   Bookmark this reply Add MrRick to your friends list
Last question re: these coins. As you can see, the 2x2's are pretty old that they're in. Is there any issues w/ the older holders plastic messing up the coins? Should I leave them alone or put them in some airtights?
Pillar of the Community
United States
5318 Posts
 Posted 12/17/2008  11:35 am  Show Profile   Bookmark this reply Add KurtS to your friends list
Yes, some older 2x2s can fog coins, and if a window develops a small hole, the coin is more vulnerable to moisture.
Pillar of the Community
United States
3499 Posts
 Posted 12/17/2008  3:47 pm  Show Profile   Bookmark this reply Add Archraz to your friends list
MrRick- I'm still curious to see some of the German coins from your great collection.
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