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 Replies: 7 / Views: 2,171 |
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New Member
United States
1 Posts |
Hi everybody my first post on this site, great site, good to be here. My name is Kasey I've been doing some research lately and considering selling my coin collection but not sure how to go about selling it if I do. "most the coins are foreign from all around the world not old or rare just have alot of them from all over, also jars of wheat pennys. I have a 20 gallon container full of coins from all over the world. I figured if I had a 20 gallon container full of American coins and cashed them in at my local bank Id have a good amount of money but these are foreign coins from all over the world so theyve got to be worth something to somebody right?...Got to be worth much more in wieght than American coins to collecters at least right?...question is how would I go about getting top dollar for these coins, I know I would make much more selling them individually but there are too many coins for that I would be here all day so maybe I would be better off selling them in greater numbers?...I dont know how to go about selling these coins I was hoping my fellow coin collectors could shine some light on this and help me find ways to get top dollar. Any info or tips are greatly apreciated, thanks in advance...Kasey
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Pillar of the Community
United States
2335 Posts |
A quick search of ebay will pull up many auctions of foreign coins selling by the pound. Unless you have something old, rare or silver I wouldn't expect to get too much for them. |
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Bedrock of the Community
Canada
10743 Posts |
Welcome to Coin Community Forum...  Quote:
also jars of wheat pennys trdhrdr007, is right you probably will not get much for your Foreign coins, unless silver or rare, but your Wheats may bring a premium according to condition and rarity.  |
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Rest in Peace
United States
1729 Posts |
Foreign coins go for about $5.00-$6.50 per pound, depending upon who's selling them. Your best bet would be to cherry-pick the best coins (assuming that you could identify them) and sell them separately, either in bulk (as, Swiss francs and euros) close to their face value or separately if they are older (say before 1900) or rare, and then sell the rest by the pound.
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Pillar of the Community
United States
958 Posts |
its gonna take sometime but id go through the lot whenyou have the time a lil by a lil.
what ever is written on the coins google it and see what country it is from.
worldcoin website can be used to match by country ,detailed pics , metal content, mintage numbers of each coin
will be on the website
For instance I got a british pound in some change , some kid had it and gave it to me for icecream on my icecream route.
the year is a common year 1987 and not very collectable or worth very much, but the next year 1988 is very low mintage and a very collectiable coin worth 10-15 dollars +
I took the coin as a " what the heck " and gave him a dollar ice cream bar that cost me 18 cents
It was a gamble could be worth more but atleast worth one pound
with your coins you could seperate by country and then sell each coin seperate or the not so valuable ones in bags of 50-100 coin lots
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Pillar of the Community
United States
539 Posts |
I wouldn't mind buying foreign coin mixtures for $5/pound. where can a guy get in n that deal. I collect common circulating coins so whenever I can add to that collection I'm trilled. I know there is a lot of duplication (and I try to give those away to younger folks)
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Bedrock of the Community
United States
20753 Posts |
You might want to try scrolling down when you first log on to this site. There is a thing called World Coins. Those there should give you much better info than here, maybe, might be, could be, not sure.
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Bedrock of the Community
United States
10045 Posts |
Quote:
..question is how would I go about getting top dollar for these coins Knowledge is key, because depending on the mix of dates, sometimes rare or scarce coins are included in hoards, particularly for coins dating before 1950. My best advice would be to first do a quick census of the countries and date range represented. If any one country stands out in quantity or for the oldest coins, I might scrutinize those more closely. Of course--the more coins of a single country, the better chances of something with value potential. Because, seemingly random, modern world coins may have collector value. I have carefully searched hoards of Canadian, Australian, and Swedish coins and found valuable pieces, because somebody did not know what to look for. As for selling scarce world coins for top dollar, you will have a better chance selling to collectors than dealers in the US who are currently fixated on bullion. This involves some work--good luck!  Edited by DVCollector
01/21/2011 2:29 pm
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Replies: 7 / Views: 2,171 |
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Posted 01/19/2011 08:53 am
