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210 Kilos Of Coins - Should I Buy Them?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 27 / Views: 4,268Next Topic Page 2 of 2
Bedrock of the Community
Australia
21788 Posts
 Posted 08/02/2010  04:53 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
If it is going to cost you seventy pounds to get them sent to you, it is certainly going to cost you a lot less than that in fuel for the 700 mile round trip. Do you have any relatives or friends that you can visit along the way? Is it possible that someone else can inspect them for you before you buy? They do not have to be in any way coin experts, just have them look for you on your instructions. Isn't there a UK coin club member who could find out for you? Get in contact with a nearby coin club to the coins, and maybe someone would be willing to help. You could start this inquiry by going to your local coin dealer.
Valued Member
Israel
423 Posts
 Posted 08/02/2010  05:00 am  Show Profile   Bookmark this reply Add Angielczyk to your friends list
I might know something about these coins. Tell me what part of the UK they are situated in.
Valued Member
United Kingdom
497 Posts
 Posted 08/02/2010  05:39 am  Show Profile   Bookmark this reply Add Jeff 11 to your friends list
Thanks for all your replies. Got a small update this morning, managed to get a random sample read out to my friend- was about what I was expecting, new zealand, south africa 1948, ireland 1975, france,1948, india 1985, spain 1980, yugoslavia 1980, canada 1981, australia, burmuda, germany, ceylon, japan, china, greece.

I'll try an answer all your questions - they are right up in furthest north of England, in the borders area. Hadn't thought of local coin clubs - i'll take a look. Secret Argent man, I think you have just about covered every niggling doubt that I had and more, some very good points. As for origin, it seems they are the leftovers of a collection. The original collector sold his most valuable items, this are essentially his 'spares' - that removes the prospect of any silver/better older coins, but doesn't rule it out entirely. The person who collected these died last year and these have been left. Apparenty the weight is an estimation - they have simply weighed a couple of the boxes they are in and estimated - which makes more sense given the otherwise lack of detail.

Nohope587 - good point, especially if they have just been left in a garage, probably not too well sealed.

All in all seems best way forward is simply to go and look - seems the most logical next step. They arn't going any time soon so hopefully this coming weekend....... will keep you all posted with any new info.
www.kingstoncoincompany.co.uk
Valued Member
Israel
423 Posts
 Posted 08/02/2010  07:09 am  Show Profile   Bookmark this reply Add Angielczyk to your friends list
This is not the collection that I was thinking about. Sorry
Pillar of the Community
United States
581 Posts
 Posted 08/02/2010  07:25 am  Show Profile   Bookmark this reply Add mrwisker to your friends list
Bedrock of the Community
Australia
21788 Posts
 Posted 08/02/2010  07:39 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
Now that you have a bit of an idea, do you know what price they are being offered to you for? If so, are you happy with the price offered?
Valued Member
United Kingdom
497 Posts
 Posted 08/02/2010  08:34 am  Show Profile   Bookmark this reply Add Jeff 11 to your friends list
No idea of price as of yet. I'll hopefully at least get an idea before I go and see them. Whatever they have, i'll try and make sure they get a fair price. It does appear the current owners don't really care at all about them and just want them gone, so we will see...
www.kingstoncoincompany.co.uk
Pillar of the Community
United States
2335 Posts
 Posted 08/02/2010  08:39 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list
I would not be interested in driving 700 miles to find out the coins are overpriced & or corroded. I wouldn't try to negotiate a final price sight unseen but I'd definitely want to know what the starting price is before I got in the car.
Valued Member
United Kingdom
497 Posts
 Posted 08/02/2010  08:44 am  Show Profile   Bookmark this reply Add Jeff 11 to your friends list
Iv'e got my friend on the other end working on that, so far the impression is they don't hold much value for the current owners - I'm hoping he can get some pictures to email me, on the basis of which I could hopefully make an offer. Also as I write this, just found a courier that will move the 210KG for just £42. So if I can just get those pictures, perhaps via my Friend I wont have to make any trips. Hopefully Ill get a clearer idea shortly, i'll keep the thread posted.
www.kingstoncoincompany.co.uk
Valued Member
United States
188 Posts
 Posted 08/02/2010  8:10 pm  Show Profile   Bookmark this reply Add Sprucansailor to your friends list
Road trip! Wish I could go! LOL

Good luck!
New Member
United States
10 Posts
 Posted 08/09/2010  1:30 pm  Show Profile   Bookmark this reply Add bjgood to your friends list
Hope you enjoy them if you get them, that should keep you busy for a long time. It's a little much for me.
Valued Member
United Kingdom
497 Posts
 Posted 08/12/2010  3:55 pm  Show Profile   Bookmark this reply Add Jeff 11 to your friends list
Well finally got an update - unfortunately, decided against it in the end. The few pictures I got confirmed they were fairly junky - a little currency, but not a lot worth bothering with. Although they could be had relitively cheaply, all things considered time to sort probably not worth it. Thanks everyone for your input!
www.kingstoncoincompany.co.uk
Pillar of the Community
United States
2669 Posts
 Posted 08/12/2010  4:14 pm  Show Profile   Bookmark this reply Add xshift to your friends list
How 'junky' were they? Just the fun alone would be worth it for me I don't buy world bulk thinking I'll hit the jackpot. But then, you're going into business as a dealer, so you were probably looking for some better ones.

Too bad they probably would not want to ship to the US.
Valued Member
United Kingdom
497 Posts
 Posted 08/12/2010  4:32 pm  Show Profile   Bookmark this reply Add Jeff 11 to your friends list
They were fairly junky - lots of pre euro types, nearly all later 20th century with only a few exceptions. Also what helped tip the balance I've been fortunate enough to get some great lots at auction and fairs over the past week, so rather spend the time and money on those. I could enquire with them on sorting out shipping to US - for the price of shipping 1/5 of a metric tonne however, I really doubt would be worth your while!
www.kingstoncoincompany.co.uk
Pillar of the Community
United States
2669 Posts
 Posted 08/12/2010  4:49 pm  Show Profile   Bookmark this reply Add xshift to your friends list
You're probably right.. thanks for the offer, though
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