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Eurozone Coins. Yes Or No?

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Author Previous TopicReplies: 11 / Views: 2,228Next Topic  
Valued Member
Sheencrofter's Avatar
Ireland
201 Posts
 Posted 11/26/2013  4:03 pm Show Profile   Bookmark this topic Add Sheencrofter to your friends list Get a Link to this Message Number of Subscribers
Hi,
I'm thinking of entering the field of collecting and dealing in Eurozone coins.
I've already done some research. But wonder, as the Eurozone coins are recently minted, do collectors tend to go for uncirculated coins, or is there a market for circulated coins in good condition?
Any replies would be welcome.
Sheen
Bedrock of the Community
NumisRob's Avatar
United Kingdom
17998 Posts
 Posted 11/26/2013  4:27 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
They are widely collected in mainland Europe. I go to France quite often and have seen some individual pieces going for astronomical prices at coin shops. The coins of the three micro-nations - Vatican City, Monaco and San Marino - are the most sought after. There are also a lot of NIFC coins - in fact most countries don't issue each denomination for circulation every year. Being so recent, I guess most people collect them in mint stste, but some of the rarer issues must be worth something in EF or VF. The French magazine 'Monnaie Magazine' is quite useful as it publishes a listing of them every month with values.
Valued Member
Germany
194 Posts
 Posted 11/27/2013  06:01 am  Show Profile   Bookmark this reply Add dosmundos to your friends list Get a Link to this Reply
I haven't seen any demand for circulated Euro coins at the shows in Germany. And I would not recommend anybody collecting the coins in any grade but the highest (unless it's an error pulled from circulation, of course).

For the mere fun of it (since I am not a collector) I went through several rolls of freshly minted 2 euro coins from Germany (the Länder series). Most of the coins have bagmarks - I would say that if there ever will be any value, it will be in a (not yet existing) grade of "mark free uncirculated".

As far as special issues are concerned (especially proof coins), I would say that the issue prices will always be their peak, unless it is one of those issues made artifically scarce, such as the "micro-nations".

The non-circulating issues are a mixed bag. While issues of 1,000 coins or so may sound like rarities, I don't see any rise in public interest in these coins - which would be the only reason for these issues to really go up in value in the next years.
Pillar of the Community
Germany
1238 Posts
 Posted 11/27/2013  6:23 pm  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply
Agreed - if one collects coins in order to make money by buying and selling them, euro pieces are not exactly good investments. For people who collect coins for fun, such as myself, that is not a major issue of course. What I tend to stay away from is collector coins (usually silver or gold, and worthless as means of payment except in the issuing member state); most of them cannot be had at face anyway. But from time to time I come across a theme or design that I find attractive ...

Christian
New Member
Germany
5 Posts
 Posted 11/28/2013  2:35 pm  Show Profile   Bookmark this reply Add TobiasHonscha to your friends list Get a Link to this Reply
But there are still very rare commemorative euro coins, too. Germany has the most coin collectors in europe. Austrian coins are famous for their high quality minting.
Example:
Eurozone-Coins.-Yes-Or-No?
Valued Member
Sheencrofter's Avatar
Ireland
201 Posts
 Posted 11/28/2013  4:04 pm  Show Profile   Bookmark this reply Add Sheencrofter to your friends list Get a Link to this Reply
Very nice coins.
Are they from your own collection?
Valued Member
moneditis's Avatar
Spain
110 Posts
 Posted 11/28/2013  4:48 pm  Show Profile   Bookmark this reply Add moneditis to your friends list Get a Link to this Reply
There are also gold & silver euros. Of course, uncirculated
Valued Member
Sheencrofter's Avatar
Ireland
201 Posts
 Posted 11/28/2013  6:03 pm  Show Profile   Bookmark this reply Add Sheencrofter to your friends list Get a Link to this Reply
So taking the thread a little further, I wonder if anyone knows of any coin dealers who offer a large number of euro coins for sale?
Valued Member
platinrubel's Avatar
Austria
194 Posts
 Posted 12/01/2013  09:09 am  Show Profile   Bookmark this reply Add platinrubel to your friends list Get a Link to this Reply
oh of course you can buy eurocoins at http://www.honscha.de/
he is very reputable and recommandable. and also his prices are more than fair.
btw: the picture above is from his shop.
regards platinrubel
Valued Member
Collectcoins's Avatar
Netherlands
173 Posts
 Posted 12/13/2013  06:53 am  Show Profile   Bookmark this reply Add Collectcoins to your friends list Get a Link to this Reply
We are also offering lot of eurocoins.
Pillar of the Community
Enlil's Avatar
Australia
560 Posts
 Posted 12/15/2013  8:59 pm  Show Profile   Bookmark this reply Add Enlil to your friends list Get a Link to this Reply
I have about 20 Euro in circulation coins from change here in Australia. I wouldn't call these an investment, just change for when I get there. The starters packs might be the way to go.
Pillar of the Community
Germany
1238 Posts
 Posted 12/16/2013  06:37 am  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply
Initially, when a country changes over to the euro, the € starter kits are highly sought after. But the novelty effect wears off after some time. ;) Now if you picked one up yourself, it will of course have a higher personal "value" as a souvenir ...

Christian
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