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Replies: 23 / Views: 4,830 |
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Valued Member
United States
259 Posts |
when I started collecting these several years ago I bought a bag of world coins from an internet seller. Although it was mostly small denomination, modern coinage which I literally had to throw away, the ones I kept had cool designs like animals (African countries past and present have some of the best). Then I started with Australian pennies, then Canada 5 cents, Peru Sols, Philipines, India (British and Portuguese). Come to think of it, the list is endless. Now my first choice is a coin from a country I don't have. Since I have coins from 214 countries, and there are about 368 (give or take) listed in World Coins, that still leaves alot to collect. I'd always go with those that are hardest to find. Greenland, Biafra, Chad come to mind.
Edited by chasinva69 05/24/2011 08:06 am
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Bedrock of the Community
Australia
21788 Posts |
I have been collecting world coins for more than 20 years now. My collection grew out of ancients as a base about 40 years ago, and now includes all world coins of all centuries and eras. A by product of this type of collection is that I never stop learning about World history and cultures.
I went down this track, simply because I knew that it would be impossible to complete this series!
When my coins are to be sold out of my estate, they will be sold as single items, because the next collector will be looking for particular single items for his own collection. This is one of the reasons I acquire world coins as singular items.
After some years, collecting patterns emerge naturally, and interesting sub series within the collection have appeared. Quite often, a single coin can have a legitimate place in one or more sub series, and so links between the coins become obvious.
When I am considering a coin to buy four criteria are applied; 1. Has this coin grabbed my attention? 2. Is it good value for money? 3. Would someone else want it when I kick the bucket? 4. Is the condition OK?
The result of this strategy is that the value of my collection seems to be rising faster than the value coin market generally, and there is a broad cross section of the numismatic community that seems to be interested in at least some part or other of the collection.
I only collect coins that were issued for circulation, in other words, have actually been used as real money.
I do have interesting small collections of medals, tokens, NCLT's and stamps, but they all have been given to me.
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Bedrock of the Community
United States
10045 Posts |
Quote: Any specific dates or varities? Any Aussie coins to look for? Australia has many interesting varieties that are discussed in detail on the forums here. Here's one to look for, that I found in a group of world coins. Most 1939 halfpennies don't have the roo reverse. My approach is to focus on a few countries, and learn as much as I can about scarcer dates and varieties. 
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Valued Member
Australia
146 Posts |
The holy grail of Aussie coins is the 1930 Penny
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Bedrock of the Community
Australia
21788 Posts |
DVCollector: That is a rather pleasing '39 'roo reverse.
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Bedrock of the Community
United States
10045 Posts |
sel_691, thanks!  I have lucked out finding some nice predecimal coins.
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Rest in Peace
United States
9104 Posts |
I went through a kaughy can of forn coins that I had already pulled all the 6d from.
Found a few ounces of silver, a 1932 Baden commem 2 marks, an xf 83 Hawaiian quarter I didn't know I had, a mess of coins from Cuber, and a 10-20-40 centavo + 1 peso set of 1895/6 Puerto Rican coins that were worth a heckuva lot more before they were made into jewelry.
and an 1829D 4 pfenninge in ag/g.
And I'm meeting some folks later today with a few hundred earlier forn coins. Wish me luck!
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Rest in Peace
United States
9104 Posts |
So much for that. Two Canadian nickel quarters and mostly zinc and lunarmum Asian stuff.
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Pillar of the Community
United Kingdom
2887 Posts |
It's funny that somebody mentioned Biafra as I found one is a junkbox trawl  . It's a terrible picture and the coin is not that exciting to look at - but it was an interesting find none-the-less. It's in AU condition so a lucky find for an aliminum coin.
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Pillar of the Community
United States
721 Posts |
It's an interesting question. I've always loved world coins due to the history and imagination of some of the coinage. I went to my local coin dealer last week and he had a bin of foreign coins I could search through. 25 cents a piece. A lot of early 20th century Great Britain copper pennies and half-pennies. Other miscellaneous stuff, but I think all the silver had been picked through already. Do you think 25 cents per coin is a waste of money? Most were pretty circulated.
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New Member
United States
30 Posts |
Russian coins for sure.
Teia Heritage Auctions
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Pillar of the Community
Philippines
1156 Posts |
Over here, when faced with a huge bowl of world coins at 10 cents each, I usually go for small to medium sized coins which are basically unreadable, I just look for that little white metal sheen at the edges or on Obv/Rev, then I just buy it. It's a game I call a 10cent bet I have found some 7 silver world coins along the way, reason is the dealers dont really have the time to clean a coin to see what it is or read from what country it comes from, so when they see an unreadable, blackened, tar coated with very dark patina on it, & it's shaped like a coin, they just throw it in the huge bowl 
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Bedrock of the Community
Australia
21788 Posts |
My local dealer has nation wide access via chain of shops and leftovers from auctions. A lot of the rejects from these sources end up in his junk boxes. The junk boxes have a $20 per coin purchase price, $15 $10, $5, $2 and $1. At any particular time there may be perhaps 2000 coins to scavenge through. On a visit to the shop, I may but perhaps five or more coins. Like any scavenger, I like to think I have found the best value for money buys.
When I review my finds back home against catalogue prices, I have usually succeeded in bettering the catalogue values by a factor of three. Over the years, I think I have developed a reasonable degree of skill in getting best value for my budget. I have acquired perhaps 2,000 coins for my World collection in this manner.
This particular coin dealer and I have become good friends over three decades. I have even sold coins back to him, for his own personal collection. The most significant coin in this regard is a Roman gold aureus, which he bought from me many years ago. He still has it.
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Pillar of the Community
Germany
1064 Posts |
I have so many world coins that I forget, you see a nice coin you have never, ever seen in your life before, buy it for hardly anything, go to put it in the folder and there is a better one staring out at you.
The last one was a candian state coin of Sasakawiggin or whatever that province/state/region of canada is called! (just hoping no canadian sees this!)
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Bedrock of the Community
United States
10045 Posts |
Quote: Over the years, I think I have developed a reasonable degree of skill in getting best value for my budget. I also enjoy this aspect of collecting--learning how to spot gems in a dealer's stock. Focusing on a few countries and learning mintages/scarcity/varieties is so rewarding.  Here's another coin I picked up for $1.50 
Edited by DVCollector 05/28/2011 1:27 pm
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