Posted 09/23/2022 8:05 pm
I can speak for the charity I am involved with: Baptist Mission Australia. The team of about a dozen volunteers here in Brisbane is the main group that collects stamp and coin donations received by Baptist churches and other donors, not just in Queensland but all around Australia. Most of the team works with the postage stamps, I'm "the coin guy" on the team, so it's my job to sort and sell all the coins.
For me, the coin-selling process is:
- Valuable coins that I want to buy myself for my own collection, I pay fair market price for.
- Valuable coins that I don't want to buy, get passed on to the team's ebay volunteer for offering on ebay.
- "Odd and curious" things like medals, bus tokens and such, that might not do too great on ebay and that coin dealers don't really want too much of either, get offered through my coin club's tender sales.
- Bulk coins get filtered for the high-face-value items (1 and 2 euro coins, British 1 and 2 pounds, that sort of thing). I'll also sometimes get special requests for "bags of change" from people on the team who are travelling overseas soon.
- Everything else, and anything that didn't sell via the above attempts, I bring down to my local coin dealer's shop and sell for whatever the going rate for bulk coins is: scrap silver for the scrap silver price, predecimal coppers for the bulk copper price, world coins for the world coin price.
So for that coin dealer, I am one of their "sources of bulk world coins". The dealer would have plenty more sources. But if you're in Brisbane and you'd like to have a look through my next batch of bulk coins before I dump them, send me a PM. I've got a big box of coins that's been sitting around my house for several months, waiting for me to get the free time to properly go through them.
For me, the coin-selling process is:
- Valuable coins that I want to buy myself for my own collection, I pay fair market price for.
- Valuable coins that I don't want to buy, get passed on to the team's ebay volunteer for offering on ebay.
- "Odd and curious" things like medals, bus tokens and such, that might not do too great on ebay and that coin dealers don't really want too much of either, get offered through my coin club's tender sales.
- Bulk coins get filtered for the high-face-value items (1 and 2 euro coins, British 1 and 2 pounds, that sort of thing). I'll also sometimes get special requests for "bags of change" from people on the team who are travelling overseas soon.
- Everything else, and anything that didn't sell via the above attempts, I bring down to my local coin dealer's shop and sell for whatever the going rate for bulk coins is: scrap silver for the scrap silver price, predecimal coppers for the bulk copper price, world coins for the world coin price.
So for that coin dealer, I am one of their "sources of bulk world coins". The dealer would have plenty more sources. But if you're in Brisbane and you'd like to have a look through my next batch of bulk coins before I dump them, send me a PM. I've got a big box of coins that's been sitting around my house for several months, waiting for me to get the free time to properly go through them.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
