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 Replies: 13 / Views: 3,396 |
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Valued Member
United States
419 Posts |
I know it is all about supply and demand But it just seems like some beautiful old coins in great shape sell for very little. Lately I have been buying coins I never thought I would collect simply because they are old, in great shape, and I like the design. Here is just one example. Show some of yers that go fer under $50   |
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Pillar of the Community
Canada
5239 Posts |
Cheap: relative to what? Perhaps only relative to US coins. I see a mintage of 500,000 in Krause. European collectors might wonder why US coins cost so much. I doubt that there are 500,000 Europeans interested in this item. That is a good thing, because I like it and have one, and mine was cheap too. Look at the Canadian $1 1936: $60 in ms-60, with even lower mintage than the Hungarian. Just be glad that the world has not discovered all these good coins. |
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Pillar of the Community
United States
1613 Posts |
 Only those of us around the block long enough, so to speak, fully understand that "old" does not always translate into high dollar. Great pick up! ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Bedrock of the Community
Australia
21786 Posts |
The market is what the market is.
When considering to buy any coin (not just U.S.), I consider the price offered against what it's value is in the current market.
Nevertheless, I am very attracted to the idea that it is possible to get some very nice condition ancient coins for what seems to be a good price.
A good example is a 2,000 years old Widow's Mite, which has significant Biblical importance. They can be had from less than $10 in reasonable condition.
Edited by sel_69l
05/20/2020 7:19 pm
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Pillar of the Community
United States
5825 Posts |
Based on the 2010 Krause it's worth $25 in UNC, and $28.50 in proof.
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Pillar of the Community
Canada
2781 Posts |
don't buy in to "the market", buy what you like.
I'd rather have a $10 coin that I like over a $1000 coin that everyone likes.
if you're in it for the dollars, then you are NOT in it for the penny. or sheckle. or rupee. or the cent.
enjoy a coin for what it is. be it worth a penny, or a pound, or $10k USD, it's just a coin. and none of us are taking it with us at the end of the day
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Pillar of the Community
United States
1494 Posts |
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if you're in it for the dollars, then you are NOT in it for the penny. or sheckle. or rupee. or the cent. Perfectly said. |
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Valued Member
 United States
419 Posts |
Here is one I thought I would never collect. But for $3 how could I resist? Since then I have added several other dates of Austrian 1 Heller coins in similar condition at about the same price. Not many with the cool die clash though. I can probably assemble the whole series for less than what one USA Indian cent in similar condition would cost me (I like those too!) Show us some o' yer beauties that arrrh old, nice shape, and inexpensive   Edited by John K
05/21/2020 10:46 am
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Pillar of the Community
 United States
7935 Posts |
The Poland/Lithuania half groat from roughly 1546-1565 is a nice, inexpensive "old" series. Most dates can be gotten in VF to XF for under $30 (a number of the OFEY gang have these in their collections). This one is in a bit higher grade, but still came in just under $50:   The smaller billon solidus issued in the Baltic area (Livonia, Lithuania, Poland) from the late 1500s to mid-1600s are smaller coins that can often be found in very attractive condition for $10-20. Edited by tdziemia
05/21/2020 3:30 pm
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Pillar of the Community
Russian Federation
5172 Posts |
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Lately I have been buying coins I never thought I would collect simply because they are old, in great shape, and I like the design. Haha, I'd totally do that, and this 5 pengo looks awesome! ...Though I still wouldn't pay $50 for one, because that much would have drained my entire coin budget for at least a month. This slightly older Hungarian coin should qualify, though, even if it's a lot less rare (15 million mintage) and in a much lower grade...   In general, however, my budget considerations mean that I tend to drop the "great shape" qualifier. Old, neat, that's more than enough. Granted, a lot of medieval coins are already in pretty decent shape for some reason... I paid $17 for the 1521 Salzburg pfennig below, back when I could still throw around that kind of money.  (It's uniface, so I never bothered to take a pic of the other side - it was just blank, with a faint inverse impression.) |
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Pillar of the Community
Australia
9377 Posts |
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Show some of yers that go fer under $50 I think that would be just about every coin in my collection. :) Steve  |
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Bedrock of the Community
United States
20753 Posts |
Why are some so cheap. Just no one wants them.
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Pillar of the Community
United States
7935 Posts |
Another "older" series where the coins are available in nice grade very inexpensively are the 5 an 10 pfennig German EMpire coins made from the 1880s until 1915. There is a great variety of mints, which I think gives it some added appeal. Many of these can be gotten for under $5 in EF despite being over 100 years old (think about that for Liberty nickels or Barber dimes). Whether they are beautiful is arguable (in particular the reverse is kind of plain).   Edited by tdziemia
05/22/2020 08:30 am
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Pillar of the Community
4628 Posts |
For me its Ottoman and Egyptian silver coins of the 19th century. They are old, exotic and exude a mystique that few of the overpriced gold and silver coins of the US and UK offer.  5 Qirsh Year 4 (1912) Mehmed V - Egyot - VF cost NZ $15  10 Qirsh year 30 Abdul Hamid (1904) - aVF cost also $15 - this coin is 90% silver and larger than a half. My best bargain  Turkey 20 Kurus, 1862 (Year 2 Abdul Aziz) this coin is the size almost of a silver dollar and has a real Arabian nights mystique to it - It cost $30 NZD. Edited by Princetane
05/24/2020 2:49 pm
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Replies: 13 / Views: 3,396 |
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Posted 05/20/2020 6:05 pm
