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World Coin Lots

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Author Previous TopicReplies: 6 / Views: 1,142Next Topic  
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ccw2805's Avatar
United States
78 Posts
 Posted 09/16/2011  3:43 pm Show Profile   Bookmark this topic Add ccw2805 to your friends list Get a Link to this Message Number of Subscribers
Can anyone tell me where I can buy unsearched world coins by the pound at a reasonable price?
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DVCollector's Avatar
United States
10045 Posts
 Posted 09/16/2011  3:50 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
I wonder that too--it might be fun to search bulk coins that are older than post-1950 pre-Euro stuff that's basically worthless.
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LastGold's Avatar
United States
228 Posts
 Posted 09/16/2011  3:55 pm  Show Profile   Bookmark this reply Add LastGold to your friends list Get a Link to this Reply
ccw:

You can get world coins very cheaply on ebay. Just two weeks ago, I bought two 5 lb bags of coins, (each containing right at 500 coins). Each 5 lb bag was $39.59 - making the total cost of every coin about 8 cents apiece!

I got coins from about 80 different countries, in those 2 five pound bags! A real blast to go thru!
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DVCollector's Avatar
United States
10045 Posts
 Posted 09/16/2011  4:20 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Here's another thread on the subject.
Given current silver prices, I would expect any bulk coins to sorted for older silver, but better copper coins might get bypassed.
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 Posted 09/16/2011  8:01 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply

Quote:
Each 5 lb bag was $39.59 - making the total cost of every coin about 8 cents apiece!


Did that include shipping because that is what I see as being a real drag for the price per common coin.

I love these grab bags and I never get any silver but I can add sometimes 100 coins to my collection. However, when you only get 100 coins from $40 plus shipping it is a lot more than just 8 cents a piece - more like 45 cents which in most cases in more than the catalog value of the coin but I still do it because I can get more types added to my collection. My problem now is that all of these grab bags seemingly come from a single source so the chances of adding anything after the first couple of bags gets slimmer I think
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LastGold's Avatar
United States
228 Posts
 Posted 09/16/2011  8:51 pm  Show Profile   Bookmark this reply Add LastGold to your friends list Get a Link to this Reply
weavus:

The $39.59 was the total (including the shipping). Each bag contained just over 500 coins, (one 510 - the other 517). There were about a dozen culls, in each bag, and no silver coins. About 20% of the coins were older than 1950.

Checking my newly purchased Krause manual - I found lots of coins with value listings of .25 or higher, and even some $1.00 - $3.00 coins. (one lot had a 1905 Liberty head nickel in it!

A pretty good selection overall.

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 Posted 09/16/2011  9:16 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
ccw2805: That is like asking "Where can I still buy US silver for 10x face value?"

Those who know are not going to share their "honey hole".
Edited by Numismat
09/16/2011 9:18 pm
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