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 Replies: 18 / Views: 2,483 |
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Valued Member
United States
213 Posts |
Hello everyone,
I like to buy bags of mixed world coins from one of my LCS. So far there have always been enough new (for me) varieties, and valuable pieces for the value to exceed the cost. I even find an average of one silver coin, per one pound bag. (From sterling to billon, but I'm excited over ANY silver coin for 10 cents!) So I really don't want to stop picking them up. But, I am beginning to develop a problem. What do I do with all of the duplicates?
I'm thinking of somehow sorting them by country and composition, and storing them in bulk, but I'm certain that at least some of you have encountered this problem, and already devised your own solutions.
I would really appreciate it if you could share your techniques for dealing with this problem. Whether it's a storage solution, or simply selling the extras. If you sell them, I'd appreciate your mentioning the method you use.
Thanks!
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Pillar of the Community
 United States
7934 Posts |
I sell some low value foreign coins on ebay, but they are swamped with this kind of stuff. I only try to move coins in high grade for their age, or that are somewhat unusual. So that probably DOESN'T describe stuff you are getting by the bagful. Sorry I can't help. Maybe somebody else out here has sold world coins in country lots or year lots (some people collect world coins for their birthyear) and can help. Good luck! Edited by tdziemia
08/09/2019 07:42 am
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Bedrock of the Community
United States
20753 Posts |
1. Give to kids on Holloween
2. Keep all in case someday they will be worth something
3. Give to Salvation Army.
4. Stop buying those.
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Valued Member
 United States
213 Posts |
Thanks for the reply, & well wishes tdziemia! I had thought of ebay if I choose to sell them, but in light of your response, I think I'll avoid it unless I have a good reason to go there. |
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Pillar of the Community
United States
5825 Posts |
I'll be donating mine to the local coin club.
They have a YN program so that may help to keep the kids interested in the hobby.
Gotta support the grass roots of numismatics.
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Valued Member
United States
213 Posts |
Thanks just carl and kanga, those are all good ideas!
I especially like the idea of giving them to kids if I don't keep them.
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Pillar of the Community
United States
7934 Posts |
Of course at the point where the headache of dealing with all these extras exceeds the pleasure of finding something new, this other suggestion from upthread may also start sounding like a good idea: Quote:
Stop buying those.  |
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Valued Member
United States
175 Posts |
I have been giving some to the kids at church, they seem to really like them. Drop a few in a coin star tray and make someone's day.
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Pillar of the Community
United States
657 Posts |
Why not just resell them the same way you purchased them, by the pound.
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Valued Member
United States
213 Posts |
Thank you fplagge. That would be a good way recoup the cost.
I appreciate all of the suggestions for getting rid of them.
The thing is, I'm actually leaning toward keeping them, I just don't want to put all of them into flips. I'm trying to figure out an effective way of storing them in bulk, while still preserving them. Space however, is an issue for me.
I think I may go with an airtight hdpp or hdpe plastic container with numerous trays so I can separate them out into groups based on their country of origin, and then again based on composition to avoid the natural electrolysis that takes place when different metals are stored in contact with each other for long periods of time.
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Pillar of the Community
United States
7934 Posts |
I keep some duplicate world coins in plastic coin tubes. I wound up with a bunch of 1955 Lebanon piastres, 1959 Spain 10 centimos, Bulgaria 1963 stotinka, Finland 1960s 1 pennia, and others via some kind of freebie offers back in the 1960s (cereal boxes? mail order coin purchases?). Probably nothing like the volume you have by now, but it works well for the smaller amount I have.
As you mention, they are segregated by metal (though I didn;t think of the good reason you mention): a few for Al coins, a few for AlBr, one for Cu or bronze etc
I also keep wheaties I've found in coin tubes, organized by date. No idea what I've ever gonna do with 'em.
Edited by tdziemia
08/09/2019 4:38 pm
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Valued Member
United States
213 Posts |
Thanks tdziemia, you now have me thinking of maybe getting a bunch of ASE tubes. They're cheap and easy to label and store. |
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Pillar of the Community
United States
1346 Posts |
Occasionally I'll put a few in the reject try of my local coin counter machine, sprinkle a few across the local elementary school baseball infield, or where I've seen metal detector fans searching.  |
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Bedrock of the Community
13014 Posts |
Quote:
I just don't want to put all of them into flips. I'm trying to figure out an effective way of storing them in bulk, while still preserving them. Space however, is an issue for me. You'd end up spending more on flips and holders than you did the coins so definitely avoid that. If you wanted to keep them containers, sandwich bags, or even ammo boxes would be fine for circulated world coins by the pound. You can organize them by dates, country, continent, metal types etc whatever works for you. If you wanted to sell them just break them up in some grouping and sell them by the pound or some big lots so it can cover you're shipping and get something back. For the sake of kids in your neighborhood and possibly for your trees and house avoiding TPing and eggs, if you do go the handing them out at Halloween route give the kids candy as well with them. |
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Valued Member
United States
213 Posts |
Cool ideas 999fine! Thanks Thanks basebal21, I appreciate the tips. Especially avoiding the wrath of disappointed trick-or-treaters!  |
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Moderator
 United States
34397 Posts |
"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."
-----King Adz
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Replies: 18 / Views: 2,483 |
Posted 08/09/2019 07:24 am
