Junk Bin Silver Finds - Page 4 - Coin Community Forum

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Author	Replies: 83 / Views: 16,704	Page: of 6

nealeffendi Pillar of the Community Australia 852 Posts	Posted 07/12/2013 08:59 am I'm like nalaberong, a sucker for the Arabic coins. Luckily I can read the script. My best find was a tiny grimy hammered gold coin, for a whole dollar, you would hardly know it was gold what with all the grime so nobody else had picked it out of the bottom of the world coin junk bin. So did it sink to the bottom of the pile because it was so small, or because it is gold? Report this Post to the Staff
atchisonbj Valued Member United States 293 Posts	Posted 07/28/2013 1:21 pm You're doing great nalaberong. What could be even better for you is that since you're in Canada the foreign (not Canada or America) silver may trade at less of a discount than most places in America since Canada has greater ties to Europe and more Canadians than Americans are going have a better command of European history and politics and so I thinking that should translate to the coins. Report this Post to the Staff
nalaberong Pillar of the Community Canada 2805 Posts	Posted 08/01/2013 5:06 pm A new gold-buyers' opened up a nearby satellite town, so I checked it out (the only precious metal dealers in town). They also offered "currency", so I was pretty excited to see what they had. There were lots of bills, crisp and otherwise, and a strange coin assortment. They knew more than your average pawn shop, but there were a few dodgy things like a basement-slabbed 2009 Lincoln commemorative cent. One side graded it "Brilliant Uncirculated" (I saw a couple nicks, but it could probably make it) and the other side had "ORIGINAL GENUINE" repeated over and over and over. The American coin selection was also odd and a bit overpriced - and the world coin bin was just perplexing. "Large" coins were $2.25 (i.e. the Euros and Pounds Sterling they had mixed up with everything) and "small" ones were 50 cents (everything else...?). I immediately spotted a well-worn Mexican 1993 20 Pesos - containing (I think) an even quarter-ounce of silver. The employee didn't believe me when I said it was silver, but he looked it up and it totally was. I still got it for $2.25 (along with a 50-cent at-least-AU 1942 Mexican centavo). So that's today's bizarre little victory. Edited by nalaberong 08/01/2013 5:09 pm Report this Post to the Staff
3stooges Pillar of the Community United States 511 Posts	Posted 08/01/2013 11:39 pm As a fellow silver scrounger, I like the way you operate. Report this Post to the Staff
BluegrassRiver Valued Member United States 324 Posts	Posted 08/08/2013 3:10 pm I think the other key to success at the coin shop is to find the shop with several employees. If you have the one/two person shop then the expert will not let that silver in the junk bucket! Report this Post to the Staff
nalaberong Pillar of the Community Canada 2805 Posts	Posted 09/08/2013 2:45 pm Back at it! I found a cleaned 50% silver sixpence (1944) in the 12/$1 bin. It's a shame that it's cleaned, because it's pretty high-grade otherwise, and I'm trying to fill a George VI - Elizabeth II Whitman sixpence folder. The owner says he doesn't have the time to look through these bins: a good sign for me, because I'm hoping to get a job there! And I just got a lovely new Krause catalog, so it's time to calculate the average price per ounce that I've gotten, using the data from this thread: - 1956 1 gulden, Netherlands, 0.15 ASW, 5/$1 bin - 193? (worn) 1 shilling, Ireland, 0.14 ASW, 5/$1 bin - 1906 1 mark, Germany, 0.177 ASW, 12/$1 bin - 4 War Nickels, 0.224 ASW, 25 cents each - 2 Swedish kronas, 0.3858 ASW, $2 each - 1929 5 Luxembourg francs, 0.1607 ASW, $2 - 1944 10 Netherlands cents, 0.0288 ASW, 12/$1 bin - 1897 South Africa 3d, 0.0419 ASW, 12/$1 bin - 1940 UK 3d, 0.0227 ASW, 12/$1 bin - 1910 Straits Settlements 10 cents, 0.0523 ASW, 12/$1 bin - 7 War Nickels, ASW 0.392, 10 cents each - 1937 UK 3d, 0.0227 ASW, 12/$1 bin - 1951 Mexico 25 centavos, 0.0321 ASW, 5/$1 bin - 1898 Norway 10 ore (holed), 0.0193 ASW, 8/$1 bin -- has high numismatic value normally, but is holed, so probably not anymore - 1952 Switzerland 1/2 franc, 0.0671 ASW, 5/$1 bin - 1953 El Salvador 25 centavos, 0.0723 ASW, 5/$1 bin -- could have higher numismatic value - 1993 Mexico 20 pesos, 0.25 ASW, $2.25 - 1944 UK 6d, 0.0455 ASW, 12/$1 bin And the total: 2.2842 ounces > Take off 5% for wear and holes, then round 2.17 ounces for the price of $11.46 with a cost-per-ounce of $5.28 which is just 22.1% of today's $23.84 silver spot price. Have I filled the gap yet? Edited by nalaberong 09/08/2013 8:27 pm Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 09/08/2013 7:46 pm Interesting thread to review. Remaining World silver now found in junk bins, from reviewing this thread, seems to be spread evenly around the World. The same spread of silver coins noted in this thread, are found in Australian junk bins. Perhaps that should not be surprising. It is a bit easier to find U.S. and British coins in Australia, simply because more of them were made. Report this Post to the Staff
nalaberong Pillar of the Community Canada 2805 Posts	Posted 09/10/2013 8:09 pm Not one but three little silver finds today, all 8/$1. One is worth significantly more than melt. Mexico 10 Centavos 1906, ASW 0.0643 Sweden 25 Ore 1936, ASW 0.0467 Sweden 25 Ore 1959, ASW 0.0298 Total: ASW 0.1408 for 37.5 cents. My first "radiant-cap" Mexican silver, and it was a bargain! It's not even in bad condition, although it is very white. Also interestingly, the Swedish ores have plain edges, which is rare among silver coins. Report this Post to the Staff
nalaberong Pillar of the Community Canada 2805 Posts	Posted 09/14/2013 2:12 pm Nothing? I was pretty proud of finding two silver coins of the same denomination but of different types in the same bin. Anyway, here's a silver Baht I got for $8. Not a junk bin find, but a Baht should be 15 grams of silver, or 0.48 ounces. So at this very moment, it contains $10.74 worth of silver! But this is negligible compared to its higher numismatic value. Report this Post to the Staff
harrison2 Pillar of the Community Mexico 1304 Posts	Posted 09/19/2013 6:56 pm How about a photo of the other side? Report this Post to the Staff
nalaberong Pillar of the Community Canada 2805 Posts	Posted 09/19/2013 7:13 pm Well, all right, even though it isn't really a junk bin coin... Report this Post to the Staff
west- canuk Valued Member Canada 497 Posts	Posted 09/22/2013 11:33 pm nalaberong, your baht is interesting, looks like some doubling in the lettering , can you decipher the date? Report this Post to the Staff
nalaberong Pillar of the Community Canada 2805 Posts	Posted 09/23/2013 12:00 am It's a no-date type, used from (I think) the 1860s to 1901. It's hard to tell apart the no-date and dated 1901-1906 types, but I think mine is no-date because the writing is fiddlier and the portrait is a bit different. Report this Post to the Staff
nalaberong Pillar of the Community Canada 2805 Posts	Posted 09/25/2013 9:06 pm Today I dug through a little box of New Pesos at slightly below face! My goal was to find some more Mexico 2010 commemoratives (Mexico's centennial and bicentennial fell on the same year - 200 years of independence, 100 years of the modern United Mexican States), which I did, but they're pretty ugly: So I was pretty happy to find two silver 10 pesos for 50 cents each: That's 0.334 ounces of silver for $1 Report this Post to the Staff
YoshiRules Pillar of the Community United States 602 Posts	Posted 09/25/2013 11:07 pm I wish I found some silver in junk bins. My latest finds (worth mentioning) are a 1912-P V nickel, a 1913-S Type I Buffalo nickel, and a 1938-D Jefferson nickel. This is just what I can think of off the top of my head, but I remember I spent $11.25 that day on coins and 2x2 cards. The Type I was by far the best, even though only about FR02. Had it Mylar-ed and I'm keeping it. Report this Post to the Staff
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