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What Are The Most Commonly Collected Foreign Coins?

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JOE's Avatar
United States
164 Posts
 Posted 03/29/2009  4:48 pm Show Profile   Bookmark this topic Add JOE to your friends list Get a Link to this Message Number of Subscribers
I was wondering what the most commonly collected/traded/purchased world coins are, As in which countrys are the most popular and which are more commonly avoided.

I ask because of a way of selling and buying coins I'm using that allows me to support my hobby. (And I'm sure 95% of all other people who buy Foreign coin bag lots do the same.)

I purchased large foreign coin bags, And then go through them and collect the coins I find from my favorite countrys. (Germany, France, Etc) then, I take the leftover coins that I don't collect (which number in the hundreds if not thousands after a while) and try to sell them on ebay, or any other coin site.

What I was wondering though was, Which country's coins are the most popular, And which are not? And does it depend more on the coin then the country?

What I've learned so far about the "hottest sellers" are virtually any coins from germany dating before 1950 (In other words, third reich issue and lower), French, Canadian, and British coins also seem to be selling well. (And of course the United states is a given. )

The countrys that so far appear to be largely ignored are Jamaica, The Bahamas, And Carribean coinage, not sure why, But the krause catalog list most of their coins, if not all, to be 1$ or so in Unc. condition.

So far I've purchased about five or so coin bags, and have coins from about 75 different countrys, So trying to figure out which ones will sell and which won't is a difficult task. , I was wondering if anybody had an advice on what the most popular foreign coinage currently is.

Thanks!
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 03/29/2009  5:09 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
I wish I could help you there, but I do not tend to favor any other non US coin over the other. But I would like to know where you get your bags from?
Bedrock of the Community
United States
10284 Posts
 Posted 03/29/2009  5:19 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I'm going to bet that English Pennies have to be way up there.
Valued Member
JOE's Avatar
United States
164 Posts
 Posted 03/29/2009  5:44 pm  Show Profile   Bookmark this reply Add JOE to your friends list Get a Link to this Reply
Oh, I purchase my foreign coin bags from a local coin store and jeweler that specialises more in Gold and United States coinage then it does in anything foreign, So the coins I get from them are sold in random bags by the pound and are somewhat rare, I can tell for the most part they have not been searched.

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ikandiggit's Avatar
Canada
1166 Posts
 Posted 03/29/2009  7:09 pm  Show Profile   Bookmark this reply Add ikandiggit to your friends list Get a Link to this Reply
Personally, in no particular order: Early African, early Indian (I realize these are continents), early French, Italian and Mexican (especially the large silver pesos). I have a few examples of each country from the bulk purchases. I don't go looking for them but if the price is right I'll scoop them up.
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WpgLwr's Avatar
Canada
1082 Posts
 Posted 03/29/2009  9:18 pm  Show Profile   Bookmark this reply Add WpgLwr to your friends list Get a Link to this Reply
Anything will sell -- it's just that some stuff sells easier than other stuff. You're right as to your assessment of what is popular, but that doesn't mean the other stuff won't sell at all.
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 03/29/2009  9:21 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
South African gold?
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Elimist's Avatar
United States
632 Posts
 Posted 03/30/2009  01:06 am  Show Profile   Bookmark this reply Add Elimist to your friends list Get a Link to this Reply
United States coins are no doubt the most collected coins in the world, but thats kind of a biased statement because we're a nation of coin collectors. You think places like ghanna, south africa, ukraine, portugal, falkland islands, chile, ect. ect. ect. collect their own coinage? No, coin collecting in America is definitely more popular than anywhere else in the world.

Not that it really answered your question, but I bet english/british coinage is probably the most widely collected "world coin" series. Personally, if its a foriegn coin I'm collecting I'm going for eye appeal. The majority of the world coins I own either have flowers or animals on them. I like to keep my world coins fun and interesting.
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Australia
1040 Posts
 Posted 03/30/2009  03:41 am  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
What makes you think people in those countries don't collect their own coins? Without meaning to be disrespectful, the US is a newcomer to the hobby of coin collecting, as is Australia, simply because we are young countries. Coin collecting has been going on for thousands of years, Chinese, Greek, Roman, any culture that issued coins had people that collected them.
US coins are the most collected coins in the US, for sure, however, try and find them outside the US, as I am sure many members here will attest to. It can be very difficult.
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bibd's Avatar
Canada
838 Posts
 Posted 03/30/2009  05:01 am  Show Profile   Bookmark this reply Add bibd to your friends list Get a Link to this Reply
I'd like to think Canadian coins are popular (but I'm biased, being Canadian)! On the other hand, I also collect US coins.

I know the Commonwealth people on here will blast me, but I like the fact that US coins have two sides to them. Our coins essentially have only one side. I don't like this.

Regarding other "foreign" coins, I am starting to like the new Euros, and British copper.

Now let me dive into the debate.

Obviously, for every coin type there's at least one person who collects it. And yes, the hobby has been around for a very long time. But it's also true that the US is currently nuts about their coins. First off, they are a wealthy nation with a virtually worthless lowest denomination (the cent). There has been a huge bull market on US coins over the past decade, with some key dates seemingly doubling in price every year. The current recession is hardly making a dent in it. Sadly, I am worried the combination of an exploding number of commemorative pieces, Chinese counterfeits, certification-gone-wild, and age demographics is leaving this hobby poised for a big crash.
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Sap's Avatar
Australia
16832 Posts
 Posted 03/30/2009  10:38 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
The countrys that so far appear to be largely ignored are Jamaica, The Bahamas, And Carribean coinage, not sure why, But the krause catalog list most of their coins, if not all, to be 1$ or so in Unc. condition.

I think you're seeing the "Franklin Mint effect" here. Any coin actually made by the Franklin Mint is pretty much guaranteed to be a poor investment and only worth bullion, and any country that was a flag of convenience for the Franklin Mint has tended to suffer from the association.

Quote:
You think places like Ghana, South Africa, Ukraine, Portugal, Falkland Islands, Chile, ect. ect. ect. collect their own coinage? No, coin collecting in America is definitely more popular than anywhere else in the world.

Of course they do. But the extreme popularity of coin collecting in America, compared to elsewhere, is partly cultural, and partly economic. Coin collecting is a "rich country hobby" - if the vast majority of a country's population are grindingly poor, then there'll be very few coin collectors there.

As for the general rules, I have a theory: that collectors are more likely to get interested in particular countries if those coins don't look too "alien" to them. Particularly, the language used on the coins is a major determinant. A foreign language can be a major barrier to someone just starting out in collecting foreign coins.

Thus, American collectors are most likely to want to collect coins from the English-speaking world - Canada, Britain, Australia, etc.. Coins with foreign languages that use the Western alphabet (eg. French, German, Mexican, ancient Roman) will be less popular, and coins with "weird foreign writing" on them (eg. Russian, Greek, Chinese) will be less popular again.

A collector in Germany, on the other hand, will be most likely to be most interested in coins from the German-speaking world (Germany, German States and Colonies, Austria, Switzerland, Liechtenstein, Luxembourg), with British, French and American coins less so, and Russian and Chinese coins less so again.

Unless a collector has a personal reason for behaving otherwise (if, say, their ancestors came from Poland, or they saw wartime service in France, or they go for a holiday to Turkey, or their spouse is Brazilian) then this is likely to be the rule.
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
Bedrock of the Community
United States
20753 Posts
 Posted 03/31/2009  6:46 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:

What makes you think people in those countries don't collect their own coins? Without meaning to be disrespectful, the US is a newcomer to the hobby of coin collecting, as is Australia, simply because we are young countries. Coin collecting has been going on for thousands of years, Chinese, Greek, Roman, any culture that issued coins had people that collected them.
US coins are the most collected coins in the US, for sure, however, try and find them outside the US, as I am sure many members here will attest to. It can be very difficult.



Sort of what I was going to say. Foreign coins are foreign to people in Germany if they are from Mexico you know. i;'ve been to some world coin shows and US coins are not allowed. That sort of got me irritated since the shows are here in the USA. I always feel like yelling in the middle of the place why don't you all go to those other countries for your shows?
My Son spent some time at the U of Krakow and did a little touring of Europe. Found our coins all over the place in almost every country though. Not for collecting though, just floating around.
I sometimes wonder why the ancient Romans didn't collect US coins.
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