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 Replies: 9 / Views: 1,506 |
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Valued Member
United States
126 Posts |
I wasn't sure where to post this but hopefully a moderator will take care of that.
My grandfather left me his coin collection a few years ago and I've only recently started getting into it (Organizing, categorizing and adding to...) however, I have been focusing on American coins and there are quite a few foreign coins that I'm a bit lost on.
He did a lot of traveling and it seems that the majority of these are simply modern coins that he probably received in change from his travels, with a few easy rarities exceptions that I have pulled out for a later time.
I'm not sure what to do with the remainder of more modern coins. I don't plan on collecting world coins and would love to use any money earned by their sale/trade to invest in completing the collections he started.
Any help would be greatly appreciated, Thanks!
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Rest in Peace
United States
9104 Posts |
 , ozerman! Most people collect their own country's coinage. There is little demand for common world coins, typically 25¢ per, or by the pound. Silver, gold and other PM issues are the exception. You can sell on ccf once you have 250+ good posts. |
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Bedrock of the Community
United States
20753 Posts |
 Stick around here and eventually sell off what you don't want. However, by then you may well be a World coin collector as well as a US coin collector. You never know. A similar situation is my Dad never really understood coin collecting so he would give me any coins from other countries he could find. I used to take them and put them in 2x2's as a kid and then into a large box. I did that for many, many years. I still have that box of them and that was a long, long, long time ago and they are still there. No idea what most are since they are not noted in English. |
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Moderator
 United States
188440 Posts |
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Pillar of the Community
United States
539 Posts |
Quote:
There is little demand for common world coins, typically 25¢ per, or by the pound I happen to be one of those collectors who love common world coins. My frustration is that I cannot find them because folks are much more enamored with the silver and gold. I would love to be able to collect complete sets of certain countries but finding these coins (because they are not precious metals) is seemingly impossible. I'm one of the few (I guess few) folks who collect for collecting purposes vs. investment possibilities. I love the fulfillment of finding a coin from this country or that country or from some currency reform, etc. So having these collections left to me would be a great event. I don't care if the coin catalogs for $0.15. If it is a type I don't have, I'll still put it in a $0.17 holder and catalog it. I admire (I'm serious) collectors that have vast silver and gold collections. I'm not one of them and I never intend on being one. My interests do not lay there. However, if someone wants to send me their grandfather's collection of world coins he picked up in his travels (after you take out any silver), I'm your guy!  (of course abiding by all forum rules)  ozerman, I would say keep them and enjoy them for what they are, pieces of your family history. And if that doesn't work, try finding an outlet to donate them to a young or budding collector. I've done this with stamps and coins. I am pursuing this with a bunch of world coin duplicates I have right now. |
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Rest in Peace
 United States
1380 Posts |
Ozerman, one of the most common ways to collect world coins is to collect one from each country (OFEC), an easy and entertaining collection.
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Moderator
United States
188440 Posts |
Quote:
I'm one of the few (I guess few) folks who collect for collecting purposes vs. investment possibilities. I love the fulfillment of finding a coin from this country or that country or from some currency reform, etc. So having these collections left to me would be a great event. I don't care if the coin catalogs for $0.15. If it is a type I don't have, I'll still put it in a $0.17 holder and catalog it.  |
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New Member
United States
1 Posts |
I'm looking to offer a coin or set of coins to my uncle who is a coin collector. I was looking at the following Canadian silver Coins page and there is so many choices. How do I go about choosing? Thanks. |
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Rest in Peace
United States
9104 Posts |
, consto! One way is topical (themes), another is his birthyear. |
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Bedrock of the Community
United States
17884 Posts |
I know it is supposed to be the thought that counts, but unless you KNOW he would be interested in the coin or set I would advise against doing it. I have been on the recieving end of gifts like that more times than I care for and while I may have appreciated the gesture I had no interest in the gift and in most every case the giver spent way more than the gift was worth. So they wasted a lot of money on something I had no use for.
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Replies: 9 / Views: 1,506 |
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Posted 11/30/2011 09:30 am
