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 Replies: 14 / Views: 2,092 |
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Pillar of the Community
United States
2637 Posts |
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Rest in Peace
United States
17900 Posts |
Those are obviously not collected because of their metal content. No more so than most collectible coins in ANY material type being many times face or spot value. It might have Two Cents worth of metal and cost tens of thousands of dollars. |
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Pillar of the Community
Canada
5250 Posts |
These are as bad as the US commemorative halves. Very limited mintage, hence many are rather costly, AND there are so many.
I would like to get them but cannot bear to pay the catalogue.
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Bedrock of the Community
Australia
21788 Posts |
I notice a greenish tinge (on the coin in the first picture), from the copper in the alloy. Not really a significant problem. All coins .500 silver, from the Weimar Republic. All quite scarce these days in this condition, (MS). Nice trio.  |
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Pillar of the Community
 United States
2637 Posts |
Bought these 3, a 1937 100 leva, and a 1960 South African 5 shilling for a total of $35 in trade.
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Bedrock of the Community
Australia
21788 Posts |
A steal!  |
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Pillar of the Community
Hong Kong
1270 Posts |
A total of $35 for 5 coins? Must be a joke.
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Pillar of the Community
United States
2637 Posts |
Purchased by weight with a premium added (10-20%). LCS isn't into foreign coins; they buy them by weight and sell them by weight.
Picked up another Vogelweide last week.
Edited by Arkie
04/29/2018 1:59 pm
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Bedrock of the Community
Australia
21788 Posts |
Some dealers just don't know, do they?  Surely, if he is a coin dealer, he must have a current shop copy of Krause. The condition should have triggered him to do a little research, which would have yielded a big profit for him, by a sale to another dealer, for a quick turnaround. This should be a lesson to be learned by all collectors and dealers. |
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Pillar of the Community
United States
2637 Posts |
It remains to be seen whether I will be able to get anything close to market value for them.
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Pillar of the Community
United States
1911 Posts |
Wow good find! My LCS is kind of the same way, a lot of foreign coins are sold at melt price to me. If they are in good enough condition or larger ones there may be some premium or set amount to pay, but they have been completely under what the true value is.
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Bedrock of the Community
Australia
21788 Posts |
If you really want to sell them, the best way would be through a German coin dealer. That is where the market for German commemorative coins always has been.
I suspect that they would have to be in a very high grade, which these coins happen to be. I suspect that German collectors are fastidious about condition with modern coins, just like Americans are.
Different if they were mine. A 'no brainer' for me; I would keep them, because I am a collector, not a flipper.
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Pillar of the Community
 United States
7960 Posts |
Quote:
It remains to be seen whether I will be able to get anything close to market value for them. Isn't market value exactly what you can get for them?  You've probably already done the research, but a couple of examples of the 1927 in high MS grades have sold recently on ebay, and you can follow upcoming auctions of a couple of others in lower grades (Sincona May 15 and Steven Album May 17). Whatever else happens, looks like you made one heckuva swap! |
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Pillar of the Community
United States
2637 Posts |
Quote:
Isn't market value exactly what you can get for them? Only if market value is also what I paid for them. |
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Pillar of the Community
United States
7960 Posts |
Ya got me there.
Though it sounds like in one case we are talking bullion value and the other numismatic value.
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Replies: 14 / Views: 2,092 |
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Posted 04/20/2018 8:12 pm
