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Replies: 17 / Views: 2,546 |
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Valued Member
United States
381 Posts |
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!
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Valued Member
United States
73 Posts |
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Pillar of the Community
United States
1314 Posts |
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 $20 over cost. With, research, cataloging and consevation, that should keep me busy for about a year. My biggest problem is selling inexpensive duplicates on ebay. Between listing fees and PayPal, there isn't much left for me. Just part of the learning process. Have fun, and thanks for sharing.
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Rest in Peace
United States
18456 Posts |
I don't collect world coins but that's a darn good price for all those coins. 
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Moderator
 United States
188770 Posts |
A lot of bang for your buck! 
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Rest in Peace
United States
7075 Posts |
Looks to me like you got your money's worth in fun alone! Enjoy your new purchases!
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Pillar of the Community
United States
8137 Posts |
Looks like you got a nice mix of coins! Be careful, world coins can be very addicting! 
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Pillar of the Community
Canada
5244 Posts |
You did OK here. Really, at 15 cents per coin you cannot go wrong. Admittedly, all or virtually all would catalogue at under 1$ (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!
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Pillar of the Community
Norway
1358 Posts |
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.
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Bedrock of the Community
 United States
12839 Posts |
Wow... what a haul! Any chance you could post pictures?
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Bedrock of the Community
Australia
21788 Posts |
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
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Moderator
 United States
188770 Posts |
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. 
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Pillar of the Community
Norway
1358 Posts |
@ jbuck:  or  You decide. But the force will be with you, I guess.
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Moderator
 United States
188770 Posts |
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." 
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Pillar of the Community
Canada
5244 Posts |
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.
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Moderator
 United States
188770 Posts |
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.
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Replies: 17 / Views: 2,546 |