Cherry picking foreign coins at flea market ect in lot boxes?

Discussion in 'Coin Chat' started by Everett Guy, Oct 14, 2020.

  1. Everett Guy

    Everett Guy Well-Known Member

    Today I was at a local out door market and at a coin dealer I seen the usual foreign coin lot box. I never really look much in them. In another thread here on CT I read where a member found a st Patrick coin in one of these type box lots and how it was a great find. So next time I am going back I will check out these boxes but wanted to know if there is anything else (hidden wonders) people look for in these boxes?
     
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  3. Bradley Trotter

    Bradley Trotter Well-Known Member

    You should familiarize yourself with foreign silver coins, particularly issues from the British Commonwealth and various South American nations. You'd also be surprised about the general lack of knowledge many small-time vendors have regarding foreign coins. One of my best finds a few years ago was this 1711 Great Britain Shilling at a coin show in Jacksonville, Florida, for only a quarter.

    1711 Shilling Obverse.PNG
    1711 Shilling Reverse.PNG
     
    Last edited: Oct 15, 2020
  4. ZoidMeister

    ZoidMeister Hamlet Squire of Tomfoolery . . . . .

    I found this one for a buck in a foreign coin junk box several years ago.

    Z

    20200905_141201.jpg

    20200905_141211.jpg
     
  5. Bradley Trotter

    Bradley Trotter Well-Known Member

    Here is another cherry-pick of mine from 2018. I believe I ended up paying less than $5.00 for all these coins.

    80E8128A-401E-46DD-AB9C-198E7E08B634.jpeg
     
    Last edited: Oct 15, 2020
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  6. lordmarcovan

    lordmarcovan 48-year collector Moderator

    That was me. And yes, cherrypicking World Coin bulk lots can be very fun, educational, and profitable. You will of course need to arm yourself with the proper books (Krause catalogs), though there are also a number of online databases like Numista which one can learn to use.

    Here's an old (true) story I wrote about that.
     
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  7. lordmarcovan

    lordmarcovan 48-year collector Moderator

    That was a superb cherrypick!
     
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  8. lordmarcovan

    lordmarcovan 48-year collector Moderator

    @Everett Guy - knowledge is key. If you're going to hunt through World coins, you'll have a lot of fun, and will probably find some interesting things. However, without the reference books to know what you have, you'll be hunting blindfolded.

    The Krause catalogs are the keys to the kingdom. They're big, thick, and semi-expensive, but worth it. Each volume covers a century of coins from all over the world, so you've got your 21st century volume, your 20th century, 19th, 18th, and 17th. When I was doing it, there was no volume covering all the 16th century (1501-1600) coins, but you're not likely to find many of those in bulk lots anyway.

    I would start with the 20th century volume, which covers all the 1901-2000 coins. That gives you coverage of most of what you're likely to find in those flea market lots.
     
  9. goossen

    goossen Senior Member

    +1 to the Krause catalog

    I love flea markets, lots of fun. Besides swapping with other collectors, flea markets are from where I get most of my coins. Even for normal pieces most probably you will end up paying less than on eBay or dedicated coin shops.
    Many times they just give me some coins for free when I purchase something from them.
     
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  10. Conder101

    Conder101 Numismatist

    I got the DVD versions and loaded them all on my tablet. Allows me to carry all 9 volumes with me. (17, 18, 19, 20 and 21 century, the three paper money books and the Unusual world coins book)
     
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  11. John Burgess

    John Burgess Well-Known Member

    Also you should be at least aware and check out various u.s. medals and tokens as well, have an idea of what they look like if you see it. Sometimes these things turn up at flea markets and swap meets garage sales and the seller has no idea what it is.
     
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  12. Wizank

    Wizank Well-Known Member

    +1 Krause - in addition to all above, Krause has charts for converting many world scripts into English, this helps to know which country and what date, both are essential to using the Krause books.
     
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  13. Everett Guy

    Everett Guy Well-Known Member

    I seen several of them yesterday but figured they were not worth anything, i was looking for mexican/Spanish treasure coins
     
  14. Everett Guy

    Everett Guy Well-Known Member

    Well I am off today to another outdoor market I have not been to. Will be on the hunt.
     
  15. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Yes, this is what I ended up doing as well. But now I don't even use them very much at all anymore. Instead, I just use Google searches for stuff on Numista and the NGC World Coin Priceguide, which is based off the Krause/Numismaster data. (But it's easier to find the right keywords to use in an Internet search when you already have some inkling of what you're looking for, obviously.)

    There is no need to have the thick paper books anymore, I suppose, but I think there was some value to flipping through those thin pages and looking at stuff that way. Having learned on the old physical, printed books, I wonder how different my early learning experience would have been if I'd had the digital versions at my fingertips in the early 1990s when I was making my first forays into World coins.

    The digital versions are certainly easier to carry around with you than those thick phone-book sized volumes were, there's no doubt about that!
     
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  16. ZoidMeister

    ZoidMeister Hamlet Squire of Tomfoolery . . . . .

    Any of these 1954 or earlier are .720 Silver with a current melt value of about $15.

    https://en.numista.com/catalogue/pieces13985.html

    Easy to pick these out.

    Z
     
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  17. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Once you go through enough big bulk lots of coins, you'll learn to recognize the distinctive color of silver immediately. Even those Mexican pesos from the late 1950s and early 1960s that were only 10% silver (.100 fine) have a different color to them.

    Got so I could smell silver, after a while. (Not literally. Figure of speech.)

    That goes for metal detecting, too. I'd drive through old neighborhoods and get a vibe for which yards were full of silver. Sometimes that panned out. Many other times it didn't, but I knew the silver was there, even when I didn't find it.
     
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  18. Everett Guy

    Everett Guy Well-Known Member

    I seen these today...Oh man, a old guy had like 10 of these, i passed on stuff because I need to do more homework, but will be back next week, he offered 5 for $2....i am the kind of guy I would pay whats fair. Hes a old guy barley Alive. I feel bad for him sitting in the heat, he should sell all in auction and sit the rest of his days in ac but him being a collector, its prob his way to make money and meet, socially be with people, will prob be me in 20 years..
     
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  19. Everett Guy

    Everett Guy Well-Known Member

    I see places all the time I want to metal detect...i was going to ask one lady if I could hunt her yard and we split what I find but she was yelling at neighbor about a trash can so I left...she had spot on the corner of the intercoastal where a canal ran on the side of her house. It looked great but oh well.
     
  20. Everett Guy

    Everett Guy Well-Known Member

    Oh man, I downloaded a online coin data base deal that had medals and tokens also....its alot to take in, I am going to have to try to focus on a few coins/tokens in the foreign coin lots at flea markets. I know silver coins are a given to grab and the ones posted in this thread are a good start for me to look for, I can see its going to take some serious learing and not just grabbing anything I think might be worth a few extra bucks. I feel like I am going to coin collage here. I am kinda a monkey see monkey do guy, just a thought...hehe, it would be cool if some of the experts could do some short video clips of foreign coins and what to look for. I am sure there is youtube videos but you all know way more than alot of dealers I have met.
     
  21. lordmarcovan

    lordmarcovan 48-year collector Moderator

    The thing about world coins is that the varieties are seemingly infinite. No resource, be it book or video, is going to tell you everything you need to know. The Krause catalogs are just the most comprehensive single source. Just a starting point, if you will.

    You never know what will turn up in a bulk lot, and that’s the adventure.

    I do try to look for lots that have some older material in them. That betters the odds.

    Still, I had a 20-pound bag once that was nothing but modern 1970s-1990s material, and it was a dull lot with slim pickings, yet out of that whole bag I did get one single interesting find.

    It was a somewhat scarce variety of 1863 US Civil War token, with a prominent clipped planchet error. How that ended up in a German Bundesbank bag that was otherwise all modern European coins is anyone’s guess.
     
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