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Junk Bin Silver Finds

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Author Previous TopicReplies: 83 / Views: 16,711Next Topic
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Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 05/26/2013  7:52 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Those coins are pretty nice for being in junk bins. Real nice finds
Valued Member
Canada
95 Posts
 Posted 05/27/2013  9:32 pm  Show Profile   Bookmark this reply Add cderksen to your friends list Get a Link to this Reply
A month ago, I got 2 debt and death coins for 2.50 over spot, I didn't know a lot about the coin at the time. Lol, I know now!
Pillar of the Community
nalaberong's Avatar
Canada
2805 Posts
 Posted 05/28/2013  9:01 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Today I decided to upend the entire 12/$1 bin onto a nice table. You see, the coins are all in a bowl, which means that small coins will settle to the bottom and stay there, oblivious to grabbing hands in the upper layers. This paid off, with not one but three teensy silver coins for a quarter. These skirt 1/20 of an ounce of silver, but for 8.333... cents each, the price continues to be right.

Junk-Bin-Silver-Finds

I'm actually assembling quite a collection of tiny silvers (not counting the 1911 5-cents I got for $1 yesterday):

Junk-Bin-Silver-Finds

EDIT: To make the math easier on myself, I'm just going to post the ASW and cost in these posts from now on.

0.0419 oz, 1897 South Africa (the ZAR is for Zuid Afrikaansche Republiek!) threepence, $(1/12)
0.0227 oz, 1940 Great Britain threepence, $(1/12)
0.0523 oz, 1910 Straits Settlements 10 cents, $(1/12)

TOTAL: 0.1169 oz for $0.25
Edited by nalaberong
05/28/2013 9:10 pm
Pillar of the Community
CrazyCat's Avatar
United States
556 Posts
 Posted 05/28/2013  11:36 pm  Show Profile   Bookmark this reply Add CrazyCat to your friends list Get a Link to this Reply
Nice find guys!

I wish I could find some world silver as easily but the only dealer I know is really at the top of his game, at least when it comes to silver. I did get a few Victorian (1896 and 1899) pennies from him though so it wasn't a complete loss. I'm a sucker for large cents.

Back on topic, I'm gonna see if I can go to a few pawn shops one of these days because I've seen them with foreign coins, so I'll see if there's any silver there and how much the coins cost.
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Arkie's Avatar
United States
2637 Posts
 Posted 06/02/2013  3:58 pm  Show Profile   Bookmark this reply Add Arkie to your friends list Get a Link to this Reply
First silver I picked out of a junk bin was a 1950s Swiss 5 Franc. I had purchased one at a coin show (marked as .75 oz ASW, but only .4 oz) a few weeks earlier. When I saw this one, I paid 20 cents for it. But that was a few years ago. Latest silver pickup was a Mexican 10 centavo.
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stud722's Avatar
United States
1088 Posts
 Posted 06/02/2013  9:37 pm  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
Wish I could find a few spot around me that have junk bins. I have fished out all of the ponds by me.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 06/02/2013  10:19 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I was at a local coin show last weekend.
Just for some conversation and a bit of a 'show and tell', I took along with me about 50 very worn Greek and Roman bronze and a few silvers, also very worn, but I had managed to identify them all.

Needless to say, I struck up a friendly conversation with one of the dealers who had a bit of time to spare.
We also shared some our collecting experiences over the decades.
After about half an hour, I finally mentioned that he had some archival quality album pages for sale that I really needed.
I bought 30 of them.

He also had a junk bin of all sorts of coins but I noted a few silver coins in it:
2 x Italian 500 lire, ASW .2953 oz.,
South Africa Two Shillings (small hole), 1896, ASW .3264 oz.,
Greece 20 Drachma, 1960 ASW .2013 oz. (I have actually used these in change, when visiting Greece in 1970).

I bought the four coins for $4, emphasising the fact that these coins were silver.
He said:
"Yeah, I know, they ARE silver, but you seem to be a good guy, and you can have them for four bucks anyway".

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nalaberong's Avatar
Canada
2805 Posts
 Posted 06/03/2013  8:34 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
7 War Nickels for 10 cents each at a different store than usual :U

The different store in question hasn't got as much world coin variety, but I was the first person to look through the newly installed 5/$1 bin (full of every random foreign the store's purchased, mostly things that fit into penny rolls) and I found a pound coin! So this is a large face value profit rather than a large silver profit. Once the owner saw, he started rifling through the bin as well, and pulled another pound (curses!), but not before I came into the lead with 100 yen. It was a pretty fun experience.
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westcoin's Avatar
United States
9794 Posts
 Posted 06/06/2013  03:18 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
A few of these were all big scores, all pretty good to me!

1878-P 8tf Morgan VAM9 (two one in F12 and the other an amazing AU53)
1878-S B1 rev (long arrow nock) AU-55 and a VG8
1878-P 7/8 TF several in lower grades common VAMs but still 7/8TF!
1887/6-P EF45 overdate
1901-P VAM 3 doubled reverse F-12 polished
1921 Peace dollars (several or more)
1928 Peace dollars (several or more)
1934-D Peace dollars (several or more)
1921-P Mercury dimes (two in AG/G in the same bucket)
1867 2¢ DDO in VG and one in VF
1864 2¢ Small Motto corroded G4

That's all I can recall but I'm sure there were some others, none bigger than the B1 and VAM 9 1878 dollars though, each AU went for around $1K I paid under $20 for both of them.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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Russian Federation
5177 Posts
 Posted 06/06/2013  06:50 am  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
I've found many (well at least five) German barely-counts-as-silver billon coins of the Confederation era [i.e. between 1815 and 1867] in $1-level bins. Not sure if they were actually worth more than I paid though (their grade usually varied in the PO-AG range, and the silver content was negligible).
Also a few Swedish 10 and 25 ore silvers from 3/$1 level bins (these denominations apparently changed from silver to base and back several times over the 20th century, so it would've been a ridiculous hassle to remember which dates were which; I don't, and apparently neither do the sellers).

Oh, and a few months back, I saw a bin where an assortment of 16th and 17th century Russian coins (I think it was mainly Ivan IV, but don't remember exactly) was presented at about 70 cents each... they were all fairly decent silver. I glanced over it, wasn't interested in any I saw at the moment, and didn't buy any; now I curse myself for it (if anything because they would've made great gifts to friends... unless you're a coin collector yourself, it's not every day that you can obtain an item over 300 years old).
Valued Member
Canada
258 Posts
 Posted 06/06/2013  2:48 pm  Show Profile   Bookmark this reply Add nickelphr33k to your friends list Get a Link to this Reply
Every month I go to the LCS and buy whatever junk silver I can afford. Last time I went I got 15 1966 quarters which I thought looked awefully nice for "junk" for $3.50 a piece. Although some had a little fingerprinting and some tiny spots of toning and a few little scratches, they all retained their original lustre.

I don't know much about about grading and honestly can't afford MS coins anyways but I guess one man's trash is another man's treasure.
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SA4H's Avatar
United States
2764 Posts
 Posted 06/06/2013  2:58 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Junk bin is always a good find...... It's fun and sometime addicting. I try not to do too often because when I do, I don't just focus on silver coins but any coins interested me so I end up buying $20-$30 worth of coins from these bins (world coins, especially old copper, are the predominant).
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nalaberong's Avatar
Canada
2805 Posts
 Posted 06/06/2013  9:39 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Okay, normally I find silver coins with low value for below melt. But in this case, I think I found a coin with a value above melt at melt. Behold, my new George II silver florin (I think it's been assayed, hence the marks)! I rescued it from a mixed .925 bin, and I'd like to think it's worth at least a bit more than its weight.

Junk-Bin-Silver-Finds
Junk-Bin-Silver-Finds

I also got a pair of florins: they look pretty great (to me) but they're not too remarkable.

Junk-Bin-Silver-Finds
Edited by nalaberong
06/06/2013 9:47 pm
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TreasHunt's Avatar
United States
2540 Posts
 Posted 06/07/2013  12:39 pm  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
Only one I remember is for 50 cents I picked up a Canadian (Victoria) dateless silver $.

Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 06/07/2013  7:12 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I have dealer friend of mine who has junk bins $5, $10, $15, $20 etc.

In these bins he chucks all sorts of stuff, not just silver. That includes some very scarce milled and hammered European, some hundreds of years old, usually in poor condition, and some ancients in poor condition as well.
The majority of material in these bins is 19th and 20th material, which for any reason may be interesting from a numismatic point of view, but may have major problems with them.

I just love going through this sort of stuff; buying what is barely identifiable because of poor condition, and challenging myself to fully attribute them.
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