Looking for a honest place to buy small bags of non- searched foreign coins.

1. Anyone have a favorite place to purchase non-searched estate bags of coins. I know 95% that say unsearched have been searched for valuable coins. Thanks. Just wondering if there was anywhere someone trusted.

 

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There really isnt a good place for this... Or any other so-called unsearched coin lots. They have all been searched at one point, whether it was by the previous owner or the one selling them. It is possible, however, it is extremely rare to find unsearched lots of anything.

 

You could try local dealers and shops e.t.c I wouldn't advise anyone online though(period).

 

Only place I've gotten them are at my Local Coin Club's monthly auction.

 

At the actual estate sales. Or maybe auctions that are liquidating estates.

 

Estate or garage sales

 

I've purchased over 50 pounds of World coins from eBay dealers and had good luck. I paid $8 a pound, or less, and received coins dating back to early 1800 as well as a good variety from many countries.
Try some of these dealers, several I've purchased from: World Coins
And make an offer below what they list as they are usually anxious to get rid of them. Good luck.

 

Thank you. Yes I watch all the estate sales, garage sales, bank rolls, etc.Have you ever found any silver from World Coins?

 

99/100 times the seller knows whether there's silver or not. If there is silver, the price will be higher. IMO eBay is an awful place to find what your looking for at a reasonable price.

 

What you are looking for is one of my favorite type's of collections to look through. These are really hard to find at a decent price but I have lucked out once or twice at garage sales and local auctions. Or if you know someone who has a collection they are looking to sell, that's another good source. But I find world silver and rare coins from 1800s all the time in lots like these, the hard part is finding them. Ebay and company run estate sales are not the way to go.

 

Garage sales, Estate sales, local auctions. Never the internet.

 

I used to find silver regularly, but that was over a year ago, now they go through them for silver, but don't bother to look at each coin, so a few slip by.

 

I have bank box rolled hunted for years and silver was common in half’s and quarters but no more. I believe in the last 9 months Brinks and other housers have started pulling all silver. I have found 1 40% out of my last 6 boxes. I used to be able to count on at least 2 per box of 500.

 

Finding good lots of unsearched foreign coins is the dream of every world coin collector. I don't think anyone has a good source online because you can be sure that most times either the folks selling them are dealers who know what they're doing or else they have photos and a million other people like you can get a pretty good idea of what's there and will bid it up to the point that it's no longer a good deal.

I've always had my best luck at coin shops. The sweet spot is a shop that cares enough to actually keep the inventory but not enough to look through it and price them, and you also need a shop that is not frequented by other collectors like yourself who grab everything good before you get there.

 

Everyone keeps saying they're searching, but I doubt it. They have fast operations and don't have time to search for them. They make way more money boxing and transporting coins than they would looking for silver.

 

Why would their automated counter/rollers sort out silver/tokens/etc. any differently than Coinstar's machines?

 

Their systems are alot bigger than a coinstar. Plus they would have to remake them to separate the silver. Probably only use magnets now. Again though, they aren't in the silver collection business. Their contracts are with the banks and businesses to supply coinage. Unless they were to have a contract with the government to remove silver. But again, in the large scheme of things the government could care less.

 

No, the coinstars aren't designed to pull silver either, but they do. And one would think that their level of accuracy would be required to be more stringent, accuracy-wise, than a Coinstar as well. So, I guess what I'm saying is that they aren't deliberately pulling the silver for the 'silver', but that it is getting pulled (along with everything else) that doesn't match up with the attributes that modern versions have.