Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Royal Estate Auctions - $1 Coin Auctions300,000 items to help build your collection! Specializing in Modern Numismatics Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Cheap Coin Shop Purchases

To participate in the forum you must log in or register.
Author Previous TopicReplies: 17 / Views: 2,546Next Topic
Page: of 2
Valued Member
coin_kid's Avatar
United States
381 Posts
 Posted 08/10/2016  1:46 pm Show Profile   Bookmark this topic Add coin_kid to your friends list Get a Link to this Message Number of Subscribers
Went to the coin shop yesterday with only $10 and got some stuff out of the cheap foreign bin.(Had to loan my sister money)
All coins are between F-XF unless noted otherwise.
1894 2 Hellen Austria
1918 10 Centimes France
1919 20 Cents Italy - Nice detail
1924 5 Centimes France
1927 One Penny Great Britain
1936 One Penny Great Britain
1938 Half Penny Great Britain
1939 50 Cents Italy
1940 One Penny Great Britain
1944 1 Franc France
1944 1 Peseta Spain
1947 One Peseta Spain
1949J 5 Pfennig Germany
1949 Half Penny Great Britain
1950 Half Penny Great Britain
1950 25 Cents Netherlands - BU
1951 2 Groschen Austria - BU
1954 2 Groschen Austria - BU
1954 100 Francs France
1954 2 Drachmai Greece
1954 5 Drachmai Greece
1954 5 Drachmai Greece - MS
1965 10 Cents Netherlands - BU
1957 10 Groschen Austria - BU
1958 25 Cents Netherlands - BU
1960 1 Cent Netherlands
1962 1 Koruna Czechslovakia - BU
1963 3 Koruna Czechslovakia - BU
1963 1 Dinar Yugoslavia - BU
1965 Half Penny Great Britain
1966 Half Penny Great Britain - AU58ish
1968 2 Pfennig Germany - UNC with some scruff marks
1968 10 Grozy Poland - BU
1952 20 Francs Moracco
1962 1 Franc Luxembourg
1955 10 Cents British Carribean Eastern Group
1910 100 Mark Banknote Germany
I'm overall very happy with my purchase.
Got this all for $6.55, the coins were 15 cents each and the banknote was $1.
I know you get what you pay for, but how do you guys think I did?
Thanks!



Valued Member
United States
73 Posts
 Posted 08/10/2016  2:05 pm  Show Profile   Bookmark this reply Add Greg73 to your friends list Get a Link to this Reply
What a bargain.
Pillar of the Community
Chute72's Avatar
United States
1314 Posts
 Posted 08/10/2016  2:29 pm  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
Congratulations kindred spirit. I've gone to my local coin shop and done the same on many occasions. People don't appreciate the dealers position. He pays his bills by buying collections at a bargain price, cherry picking the more expensive pieces, and dumping the rest into a bargain bucket. Including silver. He just doesn't have time to sort through the cheaper coins. Sometimes they may be sold by the pound.
This was the start of my world type collection, and after about a year, I am now up to 2500 pieces with 1250 different world types.
Last time I went, the dealer was so pleased with our arrangement he bought a collection of 1100 coins, took out the gold, and sold me the rest for $20 over cost. With, research, cataloging and consevation, that should keep me busy for about a year. My biggest problem is selling inexpensive duplicates on ebay. Between listing fees and PayPal, there isn't much left for me. Just part of the learning process.
Have fun, and thanks for sharing.
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 08/10/2016  3:00 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I don't collect world coins but that's a darn good price for all those coins.
Moderator
Learn More...
jbuck's Avatar
United States
188770 Posts
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 08/10/2016  3:43 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
Looks to me like you got your money's worth in fun alone! Enjoy your new purchases!
Pillar of the Community
CoinCollector2012's Avatar
United States
8137 Posts
 Posted 08/10/2016  8:01 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
Looks like you got a nice mix of coins!

Be careful, world coins can be very addicting!
Pillar of the Community
oriole's Avatar
Canada
5244 Posts
 Posted 08/10/2016  8:33 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
You did OK here. Really, at 15 cents per coin you cannot go wrong. Admittedly, all or virtually all would catalogue at under 1$ (depends on the grade of the france 1954) so you do not have a fortune here, but that hardly matters.

I am a long time searcher of the bargain bin, and it is THE place to start when you are collecting foreign coins. You can get well over 1000 types by diligent searching, and several thousand if you keep at it, and develop an eye to sift through thousands of coins looking for the new one, and go to as many dealers as you can. Different dealers tend to have different mixes. Some have greater turnover than others.

Develop a eye for the less common ones, and for tarnished silver. You will not find gold (well maybe 1 in a million), but tarnished and worn silver blends in better. Don't ignore damaged coins. Silver with a hole in it is still silver!
Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 08/11/2016  01:14 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
Good deal, I'd say!

Next time ask the dealer if he wants to make a deal with you on weight. Over here I can get a coin bulk like this for a fixed price per kg or lb. Then you may get them even cheaper.

Also, look out for some junk silver from for example Sweden and Netherlands, which I sometimes find in bins like these. Those countries kept issuing silver coins for a relatively long time.
Bedrock of the Community
Learn More...
CelticKnot's Avatar
United States
12839 Posts
 Posted 08/11/2016  01:30 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Wow... what a haul! Any chance you could post pictures?
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 08/11/2016  02:22 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
You did well.
I also collect World coins, searching through junk boxes.
It's just the thrill of the hunt!

Just to keep my collection interesting and attractive, I only really go after pre 20th Century coins in EF or better. THAT rule makes it a much more difficult task for myself, and I only wind up with 20 to 30 new acquisitions per year.

Nevertheless, I will fall for all strictly uncirculated coins before WW2, in minor silver and base metals.
The junk boxes I search through range from 5 Cents to $15 apiece.
I also search through large job lots at public auction view days.
I always get dirty fingers after it!

I have been cherry picking like this for over 30 years, and I make and average profit at the time of purchase of about 3 to 4 times against catalog value. That's numismatically satisfying enough.
Edited by sel_69l
08/11/2016 02:26 am
Moderator
Learn More...
jbuck's Avatar
United States
188770 Posts
 Posted 08/11/2016  11:18 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Be careful, world coins can be very addicting!
I hope so. After I fill those last 16 US Dansco holes, I am going to the dark side.
Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 08/12/2016  1:53 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
@ jbuck:

Cheap-Coin-Shop-Purchases

or

Cheap-Coin-Shop-Purchases

You decide. But the force will be with you, I guess.
Moderator
Learn More...
jbuck's Avatar
United States
188770 Posts
 Posted 08/12/2016  5:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I forget, "dark side" is an American thing, it is what we call foreign coins. For what it is worth, Canadian coins are "grey side."
Pillar of the Community
oriole's Avatar
Canada
5244 Posts
 Posted 08/12/2016  5:11 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
For Canadians, US coins are barely foreign. As all Canadians know, US coins circulate rather freely here. When the exchange rate is favorable, perhaps up to 10% US in Ottawa. Otherwise a few %. Of course this is only the 25, 10 and 5 cents now.

So it is nice to know that Canadian coins are not completely dark, considering how we look at yours.
Moderator
Learn More...
jbuck's Avatar
United States
188770 Posts
 Posted 08/12/2016  5:41 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Not meaning to get too far off the original topic here, but I will add that when I lived in border states, Canadian coins were rather common. Vending machines were the only thing that balked at them and I would find them in the reject slots all the time.
  Previous TopicReplies: 17 / Views: 2,546Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.54 seconds to rattle this change. Forums