Featured 60 Junk bin picks this week

Funnily enough this post is quite helpful for me

 

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Some have potential value, I especially note the 10 ct from Chile, I have seen some beautiful Proof-like specimens which are not common, the 1961 issue is worth at least $7.00 in bright uncirculated condition; your 1964 is quite numerous (27 + million mintage), but what a beautiful condor! Had it been a '61 your bin find would have increased in value. Thanks for the interesting picture! More bin pic!
Gary in Washington

 

The Japanese coins alone, 400 yen total, are worth about $3.20 at todays exchange rate. Good job!

 

The Japanese coins alone, 400 yen total, are worth about $3.20 at todays exchange rate. Good job!

 

The Japanese coins alone are worth about 3 American dollars in total.

 

Really? How much are we talking about? You didn’t go on that vacation to Japan, so perhaps you are exaggerating? Anyway, good luck to you and your coin-hunting!

 

I would have had to find a discounted ticket but I believe they got that cheap, it certainly wouldn't have been first class.

It was a lot of fun and I still have a bunch of the interesting and high grade ones. There are a lot of insights to be gleaned about how these coins have been used. It would be great to have a random sampling of what's in circulation today. I wager the old coins would be much more heavily worn than most of those I redeemed.

In another twenty years almost all the old coins will be gone or in deplorable condition probably. This would depend a lot on whether the coins are allowed to sit in storage. They are not allowed to in this country. All of the coins are circulating except those sitting in coin shops and collections throughout the world but then some are brought back.

Most of the people who buy quantities of these buy at a steep discount before a vacation to that country. In some countries it's very handy having high denomination coins because there are machines for payments and vending.

I often wonder what percentage of coins find their way home, are discarded in the trash, or eventually end up in poundage in various countries. Of course the lower the denomination the less likely it can find its way home. I here stories of people being able to get US silver in Europe very cheap so it seems unlikely a lot of cu/ ni clad is getting home. As time goes by a dollar just isn't worth what it used to be so the rate of redemption is continually dropping.

 

nice set of coins from the 10 cents bins.