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 Replies: 9 / Views: 1,745 |
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Pillar of the Community
United States
589 Posts |
Hi All,
I started to collect world coins of all dates but want to do a page or 2 with silver world coins only.
I need the opinions on what world silver coins (not bullion) that has 80% silver or more in it that is less expensive than say another countries equivalent that demands more of a premium?
I don't care about condition or date of the coins.
Thanks
John
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Pillar of the Community
United States
865 Posts |
I just picked up a 1833 France 5 francs for about 20 bucks the other day. Its 90% silver, ASW .7234, almost crown sized. They are pretty cool coins you can get for cheap.
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Pillar of the Community
United States
1234 Posts |
Canadian dimes and quarters are 80% up to 1966, 1967 they drop to 50% at mid year and 1968 they go to pure nickel. I'm not sure when the Canadian half changed, but I did find a 50% dime once in a roll, $0.10 purchase price, gotta love that  I asked the other day at my LCS they had a few Canadian's but I didn't like the look of them, not sure about Price vs. ASW but I think it was about the same as the U.S. Junk silver bins, might have even been better. |
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Bedrock of the Community
Australia
21786 Posts |
I have been collecting World coins for perhaps 40 years or so.
The object of this lifetime exercise is to build a statement in numismatic terms that describes the history of the development of coinage from it's inception c/- 600BC to modern times.
The volume of modern coins available to collector is exponential to the progression of time in centuries over the last 2,600 years, silver coins of the 20th Century by far being the most available.
Along the way, you end up accumulating what some say is 'junk' silver coins, because they are common or poor condition or for whatever other reason.
Silver coinage such as described, collected over decades is nevertheless valuable, although it has no part in the main body of my collection.
I guess I have no need to sell such 'scrap' silver that has accumulated, the main reason being that a lot of it was acquired at times when bullion silver prices were way below $10 /oz. This accumulation weighs about one kilogram.
When reviewing this accumulation it worth noting that it has become somewhat of a numismatic statement within itself, covering as it does, coinage of the last 150 years or so.
The main body of my collection has a termination date of about 1950, this being the time when silver coinage was being withdrawn from circulation around the World. Coins (base metal and silver, with a few gold ones as well) dated 1850 to 1950, represent perhaps 80% of the volume of of the collection, which numbers about 4,500 pieces.
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Pillar of the Community
United States
1666 Posts |
If you don't care for condition or date, you have a wide variety to chose from that you can get for bullion value. SImply go on the NGC world coins price guide website, which shows you the current melt value of various silver coins. Then go on ebay and buy them for no more than those values. Or if you want to take the lazy route, PM me and I can put together a set for you at bullion value. I have a good 15 pounds of world silver coins in a bullion value pile. Edited by Numismat
03/07/2014 5:16 pm
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Pillar of the Community
United States
992 Posts |
Most of the world had .800 fine or better through the early 1960's, if they used silver. Britain dropped to .500 fine after WWI, and completely after WWII.
Australia, Canada, South Africa, Dutch, Panama, etc., all have attractive silver coins at not much above melt value in XF or less condition, and sometimes in BU grades. Less popular countries are closer to melt value.
Just got a 1952 South Africa crown for $21, a Canada 1958 and 1939 dollar for $18 each, and some Threepenny pieces from Britain and Australia for $1 apiece.
Numismat is offering a great deal! He can include me if he wants to!
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Pillar of the Community
United States
3343 Posts |
I knew a dealer in Bradenton FL that kept foreign silver in a sack and sold it for melt plus a slight premium. Out of that sack I pulled a lot of UK pre 1919 sterling and some French 90%. I also pulled some French Indochina and British Trade dollars. You need to find a dealer like that. If they go to the trouble of putting it in a flip you'll pay a premium. One other place to look is in dealer notebooks of foreign coins that have been sitting for a while. I've gotten some coins below melt that way, as well as some underpriced rarities such as Spanish cobs. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
3486 Posts |
For some reason I would recommended late 1900th century minor coins from
Austria, Germany and any Eastern European country.
Common "junk' they are nevertheless at least 80% silver.
Here in the US they they came over in the pockets of a flood of immigrants.
No doubt in Canada too.
Often pretty.
Edited by matthewvincent
03/09/2014 2:19 pm
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Pillar of the Community
Canada
2805 Posts |
Yes, go European. Austria-Hungary is pretty darn unloved here, and countries like Romania and Bulgaria even more so. Many, many countries issued large-denomination silver coins in the 50s and 60s that are sold near or at melt - Spain 100 pesetas, Austria 25 and 50 schilling, Germany 5 mark, Italy 500 lire, France 5 (with lettered edge) and 10 francs... Think of these as the 40% Kennedies of the world.
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Pillar of the Community
United States
992 Posts |
Just an additional note, be sure to get a nice Panama One Balboa, one of the most striking designs on mid-century coins out there. An old US-Philippine peso is another good looking design, as are the Canada 1939 and 1958 dollars.
Lots of good-looking silver out there for not much premium.
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Replies: 9 / Views: 1,745 |
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Posted 03/07/2014 3:31 pm
