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What To Do With Foreign Coins

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coin_kid's Avatar
United States
381 Posts
 Posted 01/08/2015  08:29 am Show Profile   Bookmark this topic Add coin_kid to your friends list Get a Link to this Message Number of Subscribers
I have a bunch of 1950's-1970's foregin coins. I'm considering using them for trading. Do you guys have any other ideas on what to do with them?
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John1's Avatar
United States
56855 Posts
 Posted 01/08/2015  08:50 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Trade them for coins you want,give them to a non collector and get them started,start your own dark side collection.
John1
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Neo13x's Avatar
United States
604 Posts
 Posted 01/08/2015  09:23 am  Show Profile   Bookmark this reply Add Neo13x to your friends list Get a Link to this Reply
I collect and have a lot of foreign coins. None are worth a lot but I like to look at them because they are different from the everyday coins I get in my pocket change.

John has suggested everything that I would suggest to do with them.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/08/2015  09:27 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
One From Each Country (OFEC) is a remarkably popular sideline among collectors, and a specialty for many. You can easily accumulate a huge number of countries - almost 200 is a reasonable goal - and it's cheap and easy to get into while still offering advanced goals for the serious collector.

Here's your start.
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Medieval's Avatar
3772 Posts
 Posted 01/08/2015  09:27 am  Show Profile   Bookmark this reply Add Medieval to your friends list Get a Link to this Reply
Start your OFEC collection is another option not yet mentioned.
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Misterpostman's Avatar
Australia
208 Posts
 Posted 01/08/2015  09:30 am  Show Profile   Bookmark this reply Add Misterpostman to your friends list Get a Link to this Reply
1. Giving some or all to another young person interested in coins might be very good.
2. At a garage sale, you might get about 25 cents a coin and maybe meet another collector.
3. Anything from the mid 60's back has a decent chance of containing some silver. At a coin show, you might get about 90% of melt value. For example, a Canadian quarter from 1966 or earlier has about $2.50 worth of silver.
Edited by Misterpostman
01/08/2015 09:33 am
Pillar of the Community
1325 Posts
 Posted 01/08/2015  11:02 am  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply
Imprison the invaders! I mean, keep them all to compare to your own country designs and realize how your countries coinage designs suck.

Your country: Another dead guy, another dead guy another dead guy...
Foreign: OH LOOK! A yak, or is it an emu? (goes online to check) Oh, a pygmy marmoset.
Bedrock of the Community
United States
20753 Posts
 Posted 01/08/2015  11:13 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Some time ago I used to work in a place where there were many people from other countries. As I talked to them and explained I was a coin collector, many would bring me coins from their countries. I couldn't get the point across that I only collected US coins so they kept on coming. Eventually I ended up with a few boxes of those coins. So I put them in 2x2's and attempted to write on the flip what it was. About half I never could figure out what they were but still some fun. I still have those boxes of those coins. Doesn't hurt to collect other STUFF you know.
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jbuck's Avatar
United States
188770 Posts
 Posted 01/08/2015  11:20 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
There is nothing wrong with a dark side collection. Even I have one.
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schmidty's Avatar
United States
677 Posts
 Posted 01/08/2015  11:24 am  Show Profile   Bookmark this reply Add schmidty to your friends list Get a Link to this Reply

Quote:
One From Each Country (OFEC) is a remarkably popular sideline among collectors, and a specialty for many. You can easily accumulate a huge number of countries - almost 200 is a reasonable goal - and it's cheap and easy to get into while still offering advanced goals for the serious collector.


The "cheap" part of this might really appeal to you since you are a youngster. As Dave said, for very little money you could amass quite a collection. That money for rolls of halves you referenced in another thread would go a LONG way filling out an OFEC collection!
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Buddy's Avatar
United States
7075 Posts
 Posted 01/08/2015  11:26 am  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
I look through junk bins at shows to find foreign coins with animals on them for my critter coin collection. It's a 'just for the fun of it' collection. So you might consider putting together a themed collection -- like animals, or ships, or monarchs, or even birth years for family members.

If you decide to have a themed collection, you can then trade away the ones you don't want for ones that fit your collection.
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aiglet7's Avatar
Canada
695 Posts
 Posted 01/08/2015  1:04 pm  Show Profile   Bookmark this reply Add aiglet7 to your friends list Get a Link to this Reply
Had the same problem a couple of years ago. Took about 80, put them in 2 x 2's, labeled them and gave them to a Social Studies teacher at an Inner City school. They were gratefully received and were a hit with the youngsters. Have been advised by the teacher that none have gone astray!
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Wade's Avatar
Canada
2781 Posts
 Posted 01/08/2015  1:50 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
I am all for an OFEC collection, but after 150 it isn't "cheap" anymore

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 Posted 01/08/2015  2:09 pm  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply
150 coins or countries? 150 coins is easy with those Canadians floating around.
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CLS12's Avatar
United States
509 Posts
 Posted 01/08/2015  4:13 pm  Show Profile   Bookmark this reply Add CLS12 to your friends list Get a Link to this Reply
Are all foreign coins considered dark side? I've been curious to what "dark side" means.
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CLS12's Avatar
United States
509 Posts
 Posted 01/08/2015  4:17 pm  Show Profile   Bookmark this reply Add CLS12 to your friends list Get a Link to this Reply
BTW- I just throw the foreign coins into a zip lock and find myself flipping through them often. Sometimes I'll just drop a magnet in the bag and see how many stick or I'll see how many I can connect in a row.. I've acquired the majority for free from coin counter at CU or brought them back from vacations. I do look at them quite a bit.

Disclaimer: I research every foreign coin I find before they go in the bag. Most have limited value over design coolness
Edited by CLS12
01/08/2015 4:19 pm
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