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 Replies: 15 / Views: 3,858 |
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Valued Member
United Kingdom
287 Posts |
This bundle I have seen, looks like various different currencies. The description is: Its old coins from1800 jear I paid for them abaut 500paunds and I dont nead it any more I need money. Auction starts from30 pounds and sending cost 20 pounds because its veight abaut 2kg. Higer bider wins coins Obviously the seller isn't fluent with english, also possibly not fluent with reality. If they really paid £500 for this bundle, then they were probably conned. Also, the description makes it sound like mainly from 1800's? Ok, but what I would like is, can anyone identify many of the coins? I can see some UK pennies which are from 1900's, maybe the odd very worn victoria penny (late 1800's). Now this bundle appears on the surface to be a waste of money (even at the £50 they are asking for it), but if for example, a good chunk of the bundle was pre 1947 UK silver coins, it would be worth a chunk in scrap silver alone. I appreciate pics are not great, but can anyone identify other coins / eras?       |
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Pillar of the Community
Russian Federation
5172 Posts |
I see a huge amount of various modern world coins, mixed with the occasional older British ones. There probably are less pre-1900 coins here that you have fingers; I doubt there's more than one or two silvers.
In other words, almost exactly the sort of stuff I tend to see in bargain bins at (converting to your money) maybe 20p a coin. There are probably a few coins in there worth over 20p (including several moderns with large face value); but I certainly won't pay 20p per coin for the entire lot, which is roughly what they are asking.
As for dates... the large old copper in upper right of images 3 and 4 looks suspiciously like a George III halfpenny (circa 1807); almost certainly either it or one of the two holed coppers in image 2 is the oldest coin in this lot. Oldest coin I definitely see is a French coin (5 centimes?) of Napoleon III (roughly 1850s - image too small to see the date), at top-middle far right in image 2 (it's the bearded guy just left of the big 100). Not particularly valuable either way (and yes, Napoleon III coins do come up in 20p bargain bins occasionally - though I've never seen a George III in there).
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Pillar of the Community
United States
4212 Posts |
I see very little silver, if any. Some French, UK, Portugal....
Unless there's a neat error in there, not worth the opening bid.
Also, few from the 1800s
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New Member
Canada
49 Posts |
I see some .800 silver 1940's, Canada King George half or full dollars, some .800 silver 1953 or newer Canada Queen Elizebeth coins, see a newer Canada Queen Elizabeth head 1970's coin.
I'd certainly pay 100 pounds for them, sight unseen.
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Pillar of the Community
Canada
2805 Posts |
For this pile I would pay maybe 10 pounds. The pictures make it look like a fairly average mix, with a couple outliers... one coin of interest is an ATS10 coin. It's probably copper-nickel, but it is still convertible to Euro and will be forever (value... 70 eurocents?), so look out for these major currencies that still hold their Euro-conversion value:
- German mark
- Austrian schilling
- Spanish peseta
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Pillar of the Community
United States
2368 Posts |
Could we have some closeups with better lighting? All I can identify is a few British/Canadian coins.
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New Member
Canada
49 Posts |
You can never tell what the story is behind a bunch of like that. Maybe he's a recluse and his mom or dad just passed away and he dumped a few coffee cans of coins on the carpet and listed them for sale. I'm guessing he's not a con man, wish they were for sale in my town.
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Bedrock of the Community
Canada
11922 Posts |
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Valued Member
Ireland
374 Posts |
i personally wouldn't pay more than 15 pounds for them ,
however if you're a guy who likes to take a chance then go for it .
John
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New Member
Canada
49 Posts |
That would be a day in Heaven owning and being able to sort all those coins. Maybe two days in Heaven. And that would just be sorting them.
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Bedrock of the Community
Australia
21786 Posts |
I collect World coins. Unless you are just starting out into this area of numismatics, I wouldn't bother buying in bulk. You will eventually get to a point where you would want to re sell most of them, usually for a big loss. Generally with bulk World coins, the average coin weight is around 5 grams, in over kilogram sized lots. That being the case, 2 kilograms here would yield about 400 coins. In general terms, the value of this lot would be highly dependent on the total equivalent pure silver weight of the lot, with the remaining base metal coins being worth perhaps 15P each on average in the retail market. It is a bit difficult to assess the number of silver coins in this lot. Unfortunately, being on ebay, the lot cannot be examined in detail beforehand, and so a low bid must be submitted to ensure good value for money. Add to that the shipping costs. That would work out at around 5P per coin. Superficially, this pile looks like a discard accumulation of base metal world coins that are being sold by a World coin collector. I do see one or two rather poor condition silver coins here, but it is impossible to say how many are really present. Perhaps the pile may have been 'salted', with the silver coins to be more readily seen. |
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Pillar of the Community
United States
1053 Posts |
I see world, Canadian, and some shiny memorial Lincoln's.
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Valued Member
 United Kingdom
287 Posts |
Thanks all for your opinions :)
A few different opinions, I feel the general consensus is that I would be paying more for the joy of sorting rather than any reasonable chance of finding 20 Good collectable coins.
I am new to collecting, and although I have previously 'gambled' on these kind of bundles, I now feel the area I want to focus on initially is British tender 1700-1947. I am aiming on only now buying bundles if I can see 'money back' on silver or a few rare coins, or if I can see they are going to fill a lot of blanks in my collection/
Thanks to your views, I may have just save myself a good few hours work and a good few pounds :)
This has left me with a question though, has there been any good outcomes of buying bundles? Will start a post as I am curious if it is all people 'dumping' the rubbish or is there some happy ever after stories?
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Bedrock of the Community
Australia
21786 Posts |
When it comes adding to the World part of my collection, my current accumulation tactic is to cherry pick through dealers' junk bins, to find individual good value for money purchases, or curious or interesting items.
I am always on the lookout for hammered, milled and 19th Century silver and bronze coins (any country), in excellent condition. That is the way most of my coins in the $10 to $50 price range have been acquired. Occasionally, cheaper ancient coins can also be found in this way.
Nevertheless, I still have lots of fun looking through junk bins in the 50 cents to $10 price range.
It's a good way of keeping costs down, if you have a limited budget.
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Pillar of the Community
Canada
2805 Posts |
My best finds so far have been an uncirculated early West Germany coin (2 marks, 1957F) for $1 that catalogs at $65, an 1731 silver coin from the Windward Islands for 5 cents (!) that's a bit bent, and lately I found a 1971 100 franc coin from Chad that catalogs around $20 and seems elusive on ebay. |
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Pillar of the Community
United States
2661 Posts |
10 Quid max, no more than that I say.
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Replies: 15 / Views: 3,858 |
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Posted 11/30/2013 5:22 pm
