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 Replies: 19 / Views: 2,929 |
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Valued Member
United States
135 Posts |
I was looking through ebay and a couple of guys are selling bags of foreign coins that are unsearched and weigh 22 pounds. That would be a lot of coins to sort through. Have any of you guys tried it? Or do you think it would be worthwhile ? I would think it would be fun to search through one of these bags. I look forward to any opinions. Thanks, BenVA |
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Moderator
 Australia
16817 Posts |
I've bought bulk coins, though not in lots that large. I think a single lot weighing 10 kilos would probably have lots of duplicates. I'd rather get ten 1 kilo lots from 10 different sources - you'd probably get more variety that way.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
560 Posts |
Hey BenVA, I bought the 10kg (22 lbs.) lot of world coins on ebay. I didn't find anything particularly valuable but it was loads of fun searching through all those coins. I wish that I had had a Krause book at the time, though. Yes, you get lots of duplicates in the bunch and Sap is probably right about buying the coins from different sources and getting more variety. I sold a few pounds of my duplicates on ebay and traded a few pounds with other people. |
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Pillar of the Community
United States
1454 Posts |
Ben,
I have bought a couple bulk lots in the past, not of this particular person but from someone here on the forum and from a local coin show. The ones I got from the forum member was mostly sorted already and that was a great deal and the ones I got from a local coin show I got 5 lbs for $20 and it had lots of duplicates in it. Check with a local coin shop if possible and see if they have a bulk lot they will sell and compare prices. The one I go to here he has some large boxes filled with foreign coins and you could search through it all day. I think he charges like 5 for a $1 or something like that. Seems like a little more money but then you can sit there all day and pick and choose. I need to go do that again because after sap's contest I am feeling a world coin fix!
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Pillar of the Community
United States
1327 Posts |
like others have said, I have bought as well but not that big of a lot, but I did buy about 15 pound but mine came from 3 different sources, One kilo bag from Downies,one from a forum member,one form my local coin shop, I found doing this that I got a lot of different thing, but also notice that most of the stuff from each place had a lot of doubles in it. But yes it is alot of fun to look and sort this many coins. It took mt about 3 months to get it all sorted out and I am just about done sorting that way I can buy more. So if I was you I would buy 4 five pound lot that would probably give you a beter selection.
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Valued Member
 United States
135 Posts |
Thanks for the replies guys. Me and my wife both love sorting through coins. Although after sorting she doesn't care much about them any longer. I may try one of the smaller lots. If the small lot is good then I may move on to a bigger one. BenVA
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Valued Member
United States
135 Posts |
Well I went ahead and got the 22 pound lot. Me and my wife love sorting coins anyway. I will let you guys know how it is when it arrives. BenVA
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Pillar of the Community
United States
1327 Posts |
Ben sound like you and your wife will have alot of fun. hope you truly get some good one and not a lot of the same whcih you will, but still will be blast to look though.
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Valued Member
United States
114 Posts |
What is the average price per coin that one should pay, including shipping, when buying a large lot? My guess is that you'd obviously want to be able to try to resell the stuff you don't want and at least get your money back on those coins.
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Valued Member
United States
135 Posts |
I am not sure what the average would be Mary. This is my first purchase of a lot like this. I will try to give you guys an idea once I receive it and start going through it. I will probaobly sell the extras off at some local auctions. That is if no one here wants to trade for some of them.BenVA
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Valued Member
United States
135 Posts |
Well the bag of coins arrived today. We started sorting some. It looks like I have a good variety so far. I think it will be fun to sort them out. I will post more about them as I do more sorting. BenVA
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Rest in Peace
Australia
661 Posts |
Recently here on ebay a 10 kg lot sold for approx. $130.00, don't remember what the freight was, was'nt paying much attention. regards, |
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Valued Member
United States
135 Posts |
Well I have sorted them out by country. I have containers and Ziploc bags everywhere. There was a lot of variety, but I did get a lot of coins from Spain and France. I will try to let everyone know haw many different countries soon. There are several coins from the 1800's in the lot and a few early 1900's. Most are more recent. I will try to update again in a day or so. BenVA
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Pillar of the Community
United States
1840 Posts |
Do you mind sharing the name of seller that you bought this from?
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Valued Member
United States
135 Posts |
equitycoins is the sellers name. They seemed polite when I emailed them a question about shipping after the auction was over. They replied in a timely manner. They also shipped pretty quickly to.
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Pillar of the Community
United States
1840 Posts |
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Replies: 19 / Views: 2,929 |
Posted 02/04/2007 10:33 am
