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 Replies: 43 / Views: 5,457 |
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Pillar of the Community
United States
6130 Posts |
I have a pretty sizeable hoard of circulation finds, although I have taken a few large coinstar dumps in the last few years. I'd say minimum $700, about $200 of which are notes ($20 bills add up quick), and most of the rest is halves. By volume, cents and nickels by far, but they amount to less than $50 each.
I also have a decent face value in Japanese yen, probably equivalent of $300+. Most of the rest of my coins are demonetized.
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Pillar of the Community
United States
3474 Posts |
Face value of my collection wouldn't make one months mortgage payment on my house.
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Rest in Peace
United States
17900 Posts |
Face value - the number would be pointless. Every coin and set I own is listed in my inventory to include date, mm, type, current sell value, when and from whom purchased with matching hardcopy invoice by date, date of purchase, price paid in code, subtotal per type, and TPG company and ID number as it applies. |
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Pillar of the Community
United States
9395 Posts |
The only coins I have a spreadsheet for are gold and platinum coins. It shows the total nominal gold weight down to 0.0001 ozt. Given that a dollar was 387/8000 ozt of gold (between 1836 and 1933), you could calculate the effective face value of the gold down to the nearest cent. As for silver, I'm guessing the effective face value (measured in US silver dollars from 1840-1935) would be about $500.00 to $750.00. Much of this is junk silver taken from circulation back in the 1960s. The combined face value of all copper coins is negligible. One $20.00 gold piece is worth 4000 Half Cents, for example. Edited by pepactonius
01/17/2018 5:59 pm
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Pillar of the Community
United States
3843 Posts |
My $500 bill in my currency collection is probably more than the sum of the rest of my collection. Over the past few years the face value of my acquisitions have been steadily decreasing but my expenditures have not. My friends and family would be shocked and appalled on what I've spent on mere "pocketchange".
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Bedrock of the Community
United States
94367 Posts |
Must agree with mox - the face value of a collection is pretty meaningless.  The guy who bought that (ugly) 1943 copper LWC recently for $1 million has a one-coin collection with a face value of one cent! Edited by Coinfrog
01/17/2018 6:57 pm
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Moderator
 United States
14463 Posts |
I already noted: face value about $880
spot/melt value (including some foreign gold) just under $24,000
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Rest in Peace
United States
1559 Posts |
The coin collection that I inherited in February of last year and what I have added to since then at face value would not even be enough to take the wife out for a nice dinner and a couple of glasses of wine.  (including a $2.50 gold coin and $5.00 gold coin @ $7.50)   Nonetheless, I'm proud of it and will continue to add to it.  |
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Pillar of the Community
United Kingdom
516 Posts |
A big chunk of my collection is British predecimal, the face value of these coins work out rather poorly - a pre decimal penny was 1/240 of a pound compared to decimal 1/100 of a pound. If my workings are right, a farthing as a face value of 1/1000 of a pound - my date run isn't even worth counting  |
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Valued Member
United States
309 Posts |
Face value would be hard to figure beyond eagles, dollars, cents and their fractions because I'd need to convert guineas, pounds, shillings, pence, reis, escudos, reales, maravedis (in pesos), Thalers, guilders, skilling, Celestons, joules, ergs, denarii, leptons, Aurei, mites, shekels, Louis d'Or, Ecus, sols, duits, Francs, bitts, Cash, coppers, ducats, zecchinos, and their fractions, token equivalents, and counterfeits, clips, and cut pieces. What money of account would you recommend I use? Such is life when you collect colonials, ancients, and most everything else.
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Rest in Peace
United States
18456 Posts |
To be honest, I have no idea . I was a complete fool in my early years and did not have an inventory of anything I had . My late in life inventory of 50% of what I own , didn't come until I went on permanent disability from my job . The other 50% of my collection I don't have access to go through them for different reasons and probably never will . So the FV of my collection is   |
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Moderator
United States
189340 Posts |
The face value of your collection is not meaningless.
It provides context.
You either appreciate it or you do not.
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New Member
Canada
34 Posts |
My Collection is probably between $140 and $200, add another $30 or so for paper money.
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Bedrock of the Community
 United States
11951 Posts |
Interesting replies. I really enjoyed reading them all.
For me ... knowing all the numbers will be very helpful when I talk
to my kids about my collection. If they don't know what the true value is,
they might end up dumping or selling my collection cheap, after
I am gone.
Of course the face value in most cases will be a very small number
compared to the true value of a collection. But if your collection ends
up with a relative, that is not a collector, that might be their starting point
of coming up with a value.
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Bedrock of the Community
 United States
12845 Posts |
Quote:
The face value of your collection is not meaningless. I agree with jbuck for his reasons, and if nothing else you have a starting point for an insurance claim if in the unfortunate event it is ever needed. Insurance companies will only pay face value to replace coins/notes, they won't take into account market value of collectibles unless you have paid for a rider or separate policy. Edited by CelticKnot
01/19/2018 5:28 pm
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Replies: 43 / Views: 5,457 |
First Page
Posted 01/17/2018 4:00 pm
