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3,153 World Coins - What Now?

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Bedrock of the Community
Australia
21788 Posts
 Posted 08/19/2019  08:47 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
I tend to agree with Wade.
Under those circumstances, I would be tempted to keep them, and not be bothered with trying to dispose of them.

I assume that you have already made the effort to check each individual coin for a potentially scarce type or issue.

Some years ago, I gave a few hundred World coins to a friend, who has since died. It doesn't bother me as to how they may have disposed after that.
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United States
2703 Posts
 Posted 08/19/2019  11:19 am  Show Profile   Bookmark this reply Add t360 to your friends list
Social studies and history teachers at middle schools might like them.
Pillar of the Community
United Kingdom
709 Posts
 Posted 08/19/2019  12:47 pm  Show Profile   Bookmark this reply Add Anaximander to your friends list
Why not pick some of them as a core to start a themed collection, and sell/dump the rest?

Eg one from every country. ( OFEC ). How about OFEC but for the year of your birth, dated to that year?

The list of possible themes is really only limited by imagination.
Valued Member
Canada
201 Posts
 Posted 08/19/2019  4:09 pm  Show Profile   Bookmark this reply Add CanadaPennies19 to your friends list
Thanks for your responses everyone - to answer the question, no I have not searched these yet. I have too many Canadian categories of collections on the go which requires all my spare time so I haven't had a chance to search these. I might spend a few years going through them slowly and taking Anaximanders advice on starting a 1993 Birth Year and a OFEC collection!

Thanks again!
New Member
United States
4 Posts
 Posted 08/19/2019  4:44 pm  Show Profile   Bookmark this reply Add Crickets1212 to your friends list
What a terrific assemblage of varied coins. I find that just fascinating to see.
Pillar of the Community
United States
789 Posts
 Posted 08/19/2019  8:02 pm  Show Profile   Bookmark this reply Add joecoin to your friends list
Got a local coin club? Give some to them to give to kids as prizes.
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United States
7955 Posts
 Posted 08/19/2019  10:36 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list

Quote:
How about OFEC but for the year of your birth, dated to that year?


Great idea. With a 1993 birthyear, there should be a lot in circulation
Valued Member
Canada
201 Posts
 Posted 08/19/2019  11:39 pm  Show Profile   Bookmark this reply Add CanadaPennies19 to your friends list
Update # 1

First ~1,000ish coins sorted. 66 countries so far. Abundance of Mexico, France, Germany and UK. Many neat coins!

3,153-World-Coins---What-Now?
Pillar of the Community
United States
8137 Posts
 Posted 08/19/2019  11:42 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list
Looks like that's quite the project!

If you need help Identifying any coins, Numista is a great site to use...

https://en.numista.com/index.php
Bedrock of the Community
Australia
21788 Posts
 Posted 08/20/2019  12:38 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
You definitely have the start of an OFEC* collection there!

It would be very inexpensive to continue to build such a collection, by searching through the lowest price dealers' junk bins at their shop or at a coin show.
Alternatively, you could buy bulk lots of World coins on ebay by submitting low bids with a low prospect of winning, just to keep costs down.

You would end up with a quite interesting World collection that may not be worth much, but by the same token? coin, would not cost you much, either. You may even strike it lucky, by coming across a scarce or rare coin, or maybe an error.
There are lots of error collectors of U.S. coins, here in the CCF. I have quite a few World error coins.


* OFEC = One From Every Country.
There a number of OFEC collectors, here in the CCF.
Pillar of the Community
United States
525 Posts
 Posted 08/20/2019  2:26 pm  Show Profile   Bookmark this reply Add willieboyd2 to your friends list
The next step is 3,154 coins.

https://www.brianrxm.com
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Pillar of the Community
Canada
5246 Posts
 Posted 08/20/2019  3:07 pm  Show Profile   Bookmark this reply Add oriole to your friends list
Aside from OFEC and a birth year set, how about a type coin collection? One from each type (or sub-type if you want) as per Krause. You might want to continue later. Dealers would give $3-4 per pound and sell for 10-25 cents each.
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United States
189053 Posts
Valued Member
Canada
201 Posts
 Posted 08/21/2019  11:40 pm  Show Profile   Bookmark this reply Add CanadaPennies19 to your friends list
Thanks everyone. I still have about 1500 coins to sort through and I found a few guys locally selling pounds of world coins.

I have 1 package of 7 lbs coming and 1 package of 3 lbs coming. Its crazy how cheap you can pick this stuff up. Works out to be about 0.05 cents per coin. Keep what I want and possibly donate the rest!
Bedrock of the Community
Australia
21788 Posts
 Posted 08/22/2019  01:04 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
Your strategy sounds like a very good idea to me!
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