Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Royal Estate Auctions - $1 Coin AuctionsRoyal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Whats The Best Way To Get Rid Of A Coin?

To participate in the forum you must log in or register.
First Page  Showing last 15 replies.
Author Previous TopicReplies: 18 / Views: 2,807Next Topic Page 2 of 2
Moderator
Learn More...
Australia
16868 Posts
 Posted 11/02/2010  08:33 am  Show Profile   Bookmark this reply Add Sap to your friends list
For coins that come my way, I keep all but category A coins. And I do tediously go through each and every coin to make sure it really is a duplicate before consigning it to the duplicates pile. With duplicates, I usually dispose of a few of them through my local coin club auction. When I get a large amount (as might happen if I buy a bulk lot, or I am given an entire hoard by a friend/family member), I'd take them to a coin dealer and take whatever he asks for them - if they give you more than scrap metal value, it's worth it.

If you don't have any coin dealers near you, and selling or sending them to your fellow collectors either in-country or overseas is prohibitive due to high postage costs and/or a dodgy postal system, then there are certainly other options than the trash bin. Take them to a scrap metal merchant, at least, and get scrap metal value for them.

Giving them away can be fun, too. I have seen at international airports large jars where travellers can donate their unwanted (and unexchangeable) foreign coins; a local charity would no doubt be collecting and selling them. I volunteer at an inner-city Conversational English class. One night, the topic of conversation was "Money". I brought along a bag of Australian 2¢ coins that I was having trouble getting rid of - even the banks and local coin dealers didn't want them. After the class, my bag of unwanted coins was gone and the international students were taking home a unique souvenir of Australia they wouldn't have obtained otherwise.
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
Pillar of the Community
United States
4846 Posts
 Posted 11/02/2010  09:05 am  Show Profile   Bookmark this reply Add Adam_E to your friends list
mua ha ha ha ha ha




Whats-The-Best-Way-To-Get-Rid-Of-A-Coin?
Pillar of the Community
Canada
3692 Posts
 Posted 11/02/2010  09:12 am  Show Profile   Bookmark this reply Add Libertad to your friends list
Trading is hard (both parties must want what the other's got). Giving stuff away is much easier.
Pillar of the Community
United States
2335 Posts
 Posted 11/02/2010  09:20 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list
Mail them to me......I'll shoulder the burden of disposing of them for you.
Valued Member
United States
244 Posts
 Posted 11/02/2010  09:55 am  Show Profile   Bookmark this reply Add Wei Fun to your friends list
Put them on ebay as one big misc lot. You won't get much for them, but you'll get rid of them, and probably make a few bucks off the deal.
Pillar of the Community
United States
3283 Posts
 Posted 11/02/2010  12:14 pm  Show Profile   Bookmark this reply Add upstate to your friends list
I was thinking selling them here as a grab bag.
Moderator
Learn More...
United States
189767 Posts
 Posted 11/02/2010  3:07 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
I have never sold a coin, but I have traded in the past. Therefore, I say use them for trades.
Pillar of the Community
United States
625 Posts
 Posted 11/02/2010  3:31 pm  Show Profile   Bookmark this reply Add AGCoinHunter to your friends list
Find a kid interested in coin collecting and give them away. Nothing better than helping along a YN. Your junk will be their treasure.
Pillar of the Community
United States
539 Posts
 Posted 11/02/2010  7:51 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list
trading can be good but for me personally I would need to know what it is and then provide you (the universal you) with a detailed list of what I have. Unfortunately for me, I don't have my duplicates cataloged. I also don't have a trade list per se. I collect non-US so my collecting interests are very wide and if I don't have it, then I would want it even though I don't have it written down.

I just donated a fairly large cache of stamps to a local Boy Scout leader who is going to use them to get younger collectors going. I'm thinking of doing the same thing with my duplicate coins.

And if you do want to send those miscellaneous world coins somewhere let me know. I'll send you my addy. what I don't add to my collection, I can add to my donation pile LOL



Valued Member
United States
426 Posts
 Posted 11/02/2010  8:14 pm  Show Profile   Bookmark this reply Add RealPeso to your friends list
I was in the same situation earlier this year and I just put them up on ebay. I didn't really make any profit per se but I felt good about selling them to people who will care to have them in their collections.
Pillar of the Community
Philippines
1156 Posts
 Posted 11/04/2010  02:22 am  Show Profile   Bookmark this reply Add Nic to your friends list

thanks Adam E, that made my day! mua ha ha ha

thanks all! it seems we all have gone through the same situation, great to know I'm not alone
Pillar of the Community
United States
4846 Posts
 Posted 11/04/2010  07:39 am  Show Profile   Bookmark this reply Add Adam_E to your friends list
thanks!

but I've found that a quarter stick does the job quite nicely,too
Bedrock of the Community
United States
20753 Posts
 Posted 11/04/2010  08:06 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Mail them to me......I'll shoulder the burden of disposing of them for you.



No, not to him, MEEEEEEEEEEEEE
For me I've never sold a coin, nor trading one to anyone for anything. Some time ago I did give a lot of them to a YN though.
My method is simple. I get a coin and if better than a coin in one of my Albums, it goes into that Album and the one in the Album goes into a 2x2 and then into one of those Whitman two row Red Cardboard boxes. Eventually there is enough of those duplicates to start another Album. Which is what I do.
Presently have well over 100 Albums, mostly Whitman and a few Dansco.
For example I now have 12 Albums of Mercury dimes. In most Albums it is now really a problem since if I acquire a coin that belongs in Album #1, I must move the coin from #1 to #2, then #2 to #3, Then #3 to #4 and on and on and on. Naturally #1 is the best and they go downward in grades after that. In most instances even a one coin purchase can create several hours of work. but just can't part with a coin.
Pillar of the Community
United States
8904 Posts
 Posted 11/04/2010  08:27 am  Show Profile   Bookmark this reply Add Moe145 to your friends list

Quote:
In most instances even a one coin purchase can create several hours of work.



I understand completely!
Pillar of the Community
United States
7840 Posts
 Posted 11/04/2010  09:07 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list
put 'em in the collection plate at church.
Page 2 of 2   Previous TopicReplies: 18 / Views: 2,807Next Topic Page 2 of 2
First Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.37 seconds to rattle this change. Forums