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Whats The Best Way To Get Rid Of A Coin?

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Nic's Avatar
Philippines
1156 Posts
 Posted 11/02/2010  03:05 am Show Profile   Bookmark this topic Add Nic to your friends list Get a Link to this Message Number of Subscribers
In the course of collecting coins with great zest, I ended up with

a. duplicates of lower grades,
b. coins that were not supposed to be even acquired because they were sold as a set with the coin I was interested in
c. coins that were uninteresting but received as a gift
d. excessive & unimpressive surplus coins from 1 bunch of miscl world coins
e. coins which just might have appeared from nowhere

it's piling up, what does one do with excess unwanted coins?, short of going over tediously through each and every one or throw in a waste bin

thanks



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molydeii's Avatar
Turkey
870 Posts
 Posted 11/02/2010  03:49 am  Show Profile   Bookmark this reply Add molydeii to your friends list Get a Link to this Reply
you can trade them with other collectors who might have something that is interesting for you.
Valued Member
twincam_04's Avatar
United States
420 Posts
 Posted 11/02/2010  03:58 am  Show Profile   Bookmark this reply Add twincam_04 to your friends list Get a Link to this Reply
wishing well,
start a child on their way to collecting,
trades,
auctions,
prizes for contests on CCF
Valued Member
AndrewLynn's Avatar
United States
76 Posts
 Posted 11/02/2010  04:02 am  Show Profile   Bookmark this reply Add AndrewLynn to your friends list Get a Link to this Reply
Give them away. Exchange them at a bank. give them as gifts to friends or other collectors. make type or year sets and sell them. Donate them to charity. spend them. throw them in a fountain. sell them as random lots. sell them in organized lots. You could do so many things with them just to get rid of them. on the other side though, I would do a tedious search looking for variety and errors. Then I would hoard all the copper and silver.Then I would roll the leftovers and deposit them into an account dedicated to perpetuating my coin hobby. That is my strategy for change when it starts piling up, and it works,it doesn't take long before you are able to turn your unwanted pennies into a nice chunck of silver or a few key dates for your sets or whatever tickles your fancy. No sense in letting money go to waste.
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Sap's Avatar
Australia
16826 Posts
 Posted 11/02/2010  08:33 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
For coins that come my way, I keep all but category A coins. And I do tediously go through each and every coin to make sure it really is a duplicate before consigning it to the duplicates pile. With duplicates, I usually dispose of a few of them through my local coin club auction. When I get a large amount (as might happen if I buy a bulk lot, or I am given an entire hoard by a friend/family member), I'd take them to a coin dealer and take whatever he asks for them - if they give you more than scrap metal value, it's worth it.

If you don't have any coin dealers near you, and selling or sending them to your fellow collectors either in-country or overseas is prohibitive due to high postage costs and/or a dodgy postal system, then there are certainly other options than the trash bin. Take them to a scrap metal merchant, at least, and get scrap metal value for them.

Giving them away can be fun, too. I have seen at international airports large jars where travellers can donate their unwanted (and unexchangeable) foreign coins; a local charity would no doubt be collecting and selling them. I volunteer at an inner-city Conversational English class. One night, the topic of conversation was "Money". I brought along a bag of Australian 2¢ coins that I was having trouble getting rid of - even the banks and local coin dealers didn't want them. After the class, my bag of unwanted coins was gone and the international students were taking home a unique souvenir of Australia they wouldn't have obtained otherwise.
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
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Adam_E's Avatar
United States
4846 Posts
 Posted 11/02/2010  09:05 am  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
mua ha ha ha ha ha




Whats-The-Best-Way-To-Get-Rid-Of-A-Coin?
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Libertad's Avatar
Canada
3692 Posts
 Posted 11/02/2010  09:12 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Trading is hard (both parties must want what the other's got). Giving stuff away is much easier.
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 11/02/2010  09:20 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
Mail them to me......I'll shoulder the burden of disposing of them for you.
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Wei Fun's Avatar
United States
244 Posts
 Posted 11/02/2010  09:55 am  Show Profile   Bookmark this reply Add Wei Fun to your friends list Get a Link to this Reply
Put them on ebay as one big misc lot. You won't get much for them, but you'll get rid of them, and probably make a few bucks off the deal.
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upstate's Avatar
United States
3283 Posts
 Posted 11/02/2010  12:14 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
I was thinking selling them here as a grab bag.
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jbuck's Avatar
United States
188277 Posts
 Posted 11/02/2010  3:07 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I have never sold a coin, but I have traded in the past. Therefore, I say use them for trades.
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AGCoinHunter's Avatar
United States
625 Posts
 Posted 11/02/2010  3:31 pm  Show Profile   Bookmark this reply Add AGCoinHunter to your friends list Get a Link to this Reply
Find a kid interested in coin collecting and give them away. Nothing better than helping along a YN. Your junk will be their treasure.
Pillar of the Community
United States
539 Posts
 Posted 11/02/2010  7:51 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply
trading can be good but for me personally I would need to know what it is and then provide you (the universal you) with a detailed list of what I have. Unfortunately for me, I don't have my duplicates cataloged. I also don't have a trade list per se. I collect non-US so my collecting interests are very wide and if I don't have it, then I would want it even though I don't have it written down.

I just donated a fairly large cache of stamps to a local Boy Scout leader who is going to use them to get younger collectors going. I'm thinking of doing the same thing with my duplicate coins.

And if you do want to send those miscellaneous world coins somewhere let me know. I'll send you my addy. what I don't add to my collection, I can add to my donation pile LOL



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RealPeso's Avatar
United States
426 Posts
 Posted 11/02/2010  8:14 pm  Show Profile   Bookmark this reply Add RealPeso to your friends list Get a Link to this Reply
I was in the same situation earlier this year and I just put them up on ebay. I didn't really make any profit per se but I felt good about selling them to people who will care to have them in their collections.
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Nic's Avatar
Philippines
1156 Posts
 Posted 11/04/2010  02:22 am  Show Profile   Bookmark this reply Add Nic to your friends list Get a Link to this Reply

thanks Adam E, that made my day! mua ha ha ha

thanks all! it seems we all have gone through the same situation, great to know I'm not alone
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Adam_E's Avatar
United States
4846 Posts
 Posted 11/04/2010  07:39 am  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
thanks!

but I've found that a quarter stick does the job quite nicely,too
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