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What To Do With Foreign Coins

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janknez's Avatar
United States
595 Posts
 Posted 03/04/2018  01:10 am Show Profile   Bookmark this topic Add janknez to your friends list Get a Link to this Message Number of Subscribers
I have a bucket full of basically worthless coins from all over the world, probably about 700 of them. And I don't know what to do with them. I won't live long enough to sell them on ebay even in larger batches, and anyway, I don't want to sort them.

So -- a local coin store says they'll give me 2 cents each for them. They will undoubtedly give them a cursory glance, and then they'll add them to this big wooden box they have full of basically worthless foreign coins. They let kids take a handful for free when they buy something. So far that sounds like the best idea.

Any others?

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Crazyb0's Avatar
10197 Posts
 Posted 03/04/2018  01:22 am  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Try consigning with a local auction company. Divide up lots of 80-100 coins. After the house took their commission(12%) I got about $10 a piece for the 8 lots they sold. I do a lot of on line auctions, see if your auctioneers are in a national online network.
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spru's Avatar
United States
12477 Posts
 Posted 03/04/2018  01:27 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
Are you completely sure that they are all nearly worthless?

Some seemingly worthless world coins can be very valuable with a certain year, mintmark or design variety.

Edit: some may even be spendable currency at face value.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
03/04/2018 01:28 am
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coin197's Avatar
United States
1963 Posts
 Posted 03/04/2018  01:53 am  Show Profile   Bookmark this reply Add coin197 to your friends list Get a Link to this Reply
And make sure to save any Euros. My coin dealer pays about 90 cents to the euro for coins.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 03/04/2018  02:37 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Take them to your local elementry school to be given away free to the kids, so they can have the hardware to little more about our World.
Let the teachers decide how they are to be received by the kids.

You never know, there may be a budding coin collector among them!
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shotgung's Avatar
United States
1101 Posts
 Posted 03/04/2018  06:00 am  Show Profile   Bookmark this reply Add shotgung to your friends list Get a Link to this Reply

Quote:
Take them to your local elementary school to be given away free to the kids,

Great idea!
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Spence's Avatar
United States
34397 Posts
 Posted 03/04/2018  07:19 am  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Planting the seeds of a new generation of collectors, whether through @sel's method or your own sounds like a pretty great way to de-clutter this stash. On the other hand, this thread below has a few previous discussions of this same question:

http://goccf.com/t/288297
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
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chafemasterj's Avatar
United States
6514 Posts
 Posted 03/04/2018  08:39 am  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply

Quote:
Take them to your local elementry school to be given away free to the kids


Great idea sel!
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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kena's Avatar
United Kingdom
1682 Posts
 Posted 03/04/2018  09:12 am  Show Profile   Bookmark this reply Add kena to your friends list Get a Link to this Reply
Do you know anyone who is involved with the Boy Scouts, since there a coin collecting merit badge.

Post the list of what you have here for either sale or trading.

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chafemasterj's Avatar
United States
6514 Posts
 Posted 03/04/2018  11:00 am  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Kena. You totally read my mind. I was just thinking about this thread and thought about the Boy Scout Merit Badge. Both of my boys are in Boy Scouts and I'm in the process of becoming a merit badge counselor for woodworking and coin collecting. I have a bunch of extra coins available for the future Scouts that I'll be seeing but maybe a Scout Troop in your area could use a donation. They would then go to a kid that is already showing an interest in coins and that could go a long way.
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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janknez's Avatar
United States
595 Posts
 Posted 03/04/2018  12:57 pm  Show Profile   Bookmark this reply Add janknez to your friends list Get a Link to this Reply
Thanks, everyone. All great ideas -- the grade school and boy scout notions, especially.

Yes, I'm in the process of checking each and every one. I look them up on World Coin Gallery to get the KM (or similar) number, then check that on NCGcoin.com. The only ones with high potential value are in poor condition and worth maybe 20 cents.

I've pulled out a couple surprises -- silver, or proof, and I also set aside some I wanted to keep for no real good reason, like it's from my birth year, or 100+ years old, or I just like how it looks.

On the other hand, my wife doesn't want me to let any of them go. She says to put them in a glass jar, for decoration. It would have to be several jars, or I'd never lift it.


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Eurocoin's Avatar
Finland
294 Posts
 Posted 03/04/2018  1:18 pm  Show Profile   Bookmark this reply Add Eurocoin to your friends list Get a Link to this Reply
Mailing them may not be a option in this case but I have used Leftovercurrency.com -service (UK located).

They pay quite well and accept coins and banknotes. You can also choose charity option if you want. They take euros, dollars, pounds, pesetas, marks etc.
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 03/04/2018  10:08 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
Put them up for sale on CCF.

KK
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United States
3184 Posts
 Posted 03/04/2018  10:26 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
Give it to the local coin club and tell them to hand them out to kids at coin shows to encourage the next generation of collectors
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JDRMCB's Avatar
United States
616 Posts
 Posted 03/05/2018  4:03 pm  Show Profile   Bookmark this reply Add JDRMCB to your friends list Get a Link to this Reply
In an effort to appease my wife in putting something on the bare walls of my coin room I came across a shadow box and a cheap square end table at the local Dollar Store and I had a .....l



What-To-Do-With-Foreign-Coins
What-To-Do-With-Foreign-Coins
What-To-Do-With-Foreign-Coins


What do y'all think?

It's just random worthless foreign coins covered in a two part epoxy resin.

I like 'em and even better....I think people would also pay you good $$$ for something as eclectic as this if you chose to sell them.


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chafemasterj's Avatar
United States
6514 Posts
 Posted 03/05/2018  4:18 pm  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
That's pretty darn cool. Nicely done!
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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