What To Look For In A Large Lot Of Foreign Coins?

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

Author	Replies: 5 / Views: 1,573
Abneric New Member United States 6 Posts	Posted 05/17/2018 5:25 pm I have a large lot, looking for like silver lists and other stuff. Report this Post to the Staff

paxbrit Pillar of the Community United States 992 Posts	Posted 05/17/2018 5:45 pm No substitute for looking at it, pre-1967 for foreign silver, in very general terms. Enjoy. Separate by country and pre-abasement dates. Report this Post to the Staff
ikeyPikey Rest in Peace United States 233 Posts	Posted 05/17/2018 7:45 pm I started building a list of worldwide key dates, but never got very far. If you do, let us know! Cheers, /s/ ikeyPikey Report this Post to the Staff
Finn235 Pillar of the Community United States 6130 Posts	Posted 05/17/2018 8:04 pm Most lots you will come across are 1950s and later - usually any silver has been salted in. 95% of coins you are going to find in junk lots will be worth about 1-25 cents each, as most world currency prior to the 1970s is no longer legal tender. Notable exceptions are: - Swiss francs going back to the 1880s; still legal tender at about 1:1 with the USD, and silver until the 1960s. - Japanese 50, 100, and 500 yen; it's usually about 100-125 yen per USD. - All (West) German marks after 1949 can be exchanged 2:1 for Euro. - Of course Euro and Canadian coins too! There are a lot of rare varieties and errors to look for if you really want to, but most are hardly worth the effort. Report this Post to the Staff
oriole Pillar of the Community Canada 5239 Posts	Posted 05/17/2018 8:45 pm There are so many things to look for! A comprehensive list is not available. Here are some general comments: 1. You need to learn how to recognize a silver coin from the look of it. 2. Look for current redeemable foreign exchange (larger denominations) of the major economies-like Euros, British pounds, Swiss francs, Canadian.... but even with this you need a local source who will buy them for 50% of the rate for paper. 3. Look for anything pre-WWII in XF+ condition, or pre-wwI in VF+, or anything pre-1800 that is at least VG. check these against the values in a world coin catalogue. 4. Sort them all into countries, and the countries into type. You will soon realize what the common/ modern stuff is, 99% of which has minimal value. 5. large coins (UK penny and bigger) are usually of more interest and are more sellable. Report this Post to the Staff
John77 Pillar of the Community United States 2910 Posts	Posted 05/18/2018 1:59 pm For the most part, it is silver and older (approximately 1940 and older) coins. Take as many clear pictures as you can, particularly of the older coins. CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets! Report this Post to the Staff
	Replies: 5 / Views: 1,573

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

All Forums Category: General Numismatic Forums Forum: Coin Roll Hunting

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

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

It took 0.26 seconds to rattle this change.