1905 10 centimes France

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Found this and many others in a tub of foreign coins. Are coins like this of any value after Europe switched to the Euro.

 

I don't see the relevance of France switching to the euro and this coin...that being said, you could probably get a few bucks for it on ebay!

 

I understand the question but first... The France 10C changed a few times even before their version of the Euro. Just like US coins, all of them have change in different times compared to the coins minted now... The question should be when France changed to the Euro because not all countries in Europe have the Euro. The United Kingdom for example.

I do know the 1905 10 Centimes had the lowest mintage so it could be worth a little bit more than the other years. I have seen the others go for $1.00

 

That is a very nice and sharply struck example. This series is known for incomplete striking, especially the finer details on the reverse like the helmet and armor. It also appears to have either no or only minute wear. If I was selling it, I would be asking around $100 and wouldn't expect it to sit around very long. Graded mint state pieces go for significantly more. Nice find

 

That is a 10 centimes coin from the Third Republic, designed by Daniel Dupuis. Whether you can get a three digit amount for yours ... hmm, probably not. But here in Europe it would probably not sit in a junk bin either. And yes, some collectors believed that the introduction of the euro in some country might make the pre-euro coins of that country more valuable. Nah, not really.

Christian

 

Very nice coin; it has some more value than a couple of dollars, but nothing too crazy. Yours is in great shape.

 

It was implied they would be less valued. No melt value or currency value. Individuals would hold and hoard. I would assume there was an exchange program. What would government have done with these coins.

 

I'm a bit puzzled that people don't believe this coin is worth $100 or more. Mid MS examples graded by NGC and PCGS have sold routinely for upwards of $300. This coin looks like it may be a contender, but even if it's borderline UNC or a high AU slider it's easily a $100 coin in the raw. I've seen mid grade examples with issues do $25-$30 on ebay

 

Agree. I think I would have this one graded.

 

Where is information on cost of having something like this graded.

 

Not sure about that, but your coin (the Dupuis type) was succeeded by the Lindauer type (with a central hole) first issued in 1921. France stopped making that denomination in 1946 and only brought it back (after a currency reform) in 1962. So there are two or even three types between your coin and current French coins.

Christian

 

I am no expert in that, but would start at either pcgs.com or ngccoin.com as they are the top tier grading services. You might also check with a local coin store to see if they will send the coin in on your behalf, as that might save some significant membership fee.

 

Update: local dealer could send for $35.00 to have graded. Quoted value of coin at $50 as AU without seeing.

 

Not too many coin shops in the US have people that are very knowledgeable on foreign coin prices outside of bullion pieces. I've sold worse looking examples of this coin in the $50 range, and that was on bids not asking price.

 

Local dealers are not eager to buy world coins like this 1905 10 centimes. I buy coins if I see an opportunity, but don't intend on keeping them all. I want to sell limited existing coins like this and future finds in this lower price range. What avenues are there to sell these coins. I have been cautioned against using EBay. What do you suggest.

 

There is no problem using eBay. Just use secure/trackable shipping methods. I think the caution is more against buying raw coins on eBay.

 

If that were my coin, it would already be on its way to NGC as a higher grade key date. I'd only put (this particular coin) straight to eBay if it had problems and I had a strong suspicion it wouldn't straight grade. If it graded MS, I'd probably try to keep it (especially after finding it in a tub, meaning you probably paid very little for it.) JMHO. Lovely coin.

 

I paid less than 50 cents.

What does straight grade mean? No defects? I am assuming MS means mint state. It has no scratches nor has it been cleaned. Photos were taken in the 2x2 card. Local dealer said even at AU he would sell the same coin to me for $50. The local dealer is highly reputable. Unfortunately finances are such , it would be the reason I would grade it and then sell ( if I thought it would be profitable).

Thank you.

 

Yep, you're correct - no "Details" grades that will hurt the resale value.

Like others have said, most dealers in the US don't care at all about world coins - too much effort, not enough interest, too long to make a sale. Which creates opportunities for those of us willing to put in the work. The point I'll try to convey is that one coin shop owner's opinion does not the truth make. The Internet allows you to reach far, far beyond what a normal brick & mortar shop can do - it can put you in touch with people who actually know, who actually care, and who are willing to pay for quality coins.

If that were my coin, and I was planning to sell it, I might try this:

1) Get some really good photos of it and list it on eBay as a BIN/BO. You can leave it there for a pre-determined amount of time and can see if it gets any offers without your having to send it in to get slabbed. If it doesn't sell,

2) Send it in to get graded. If it straight grades, especially MS (mint state), you're in a good position. Now all you have to do is get photos of the slab, add them to the already existing listing, and adjust the BIN/BO.

Like I said, if I personally found that coin for less than 50 cents, it'd already be on its way to NGC, and if it got an MS grade, I'd probably keep it.

If you don't like the above options, I'm sure you could also list it here in the WTS section and a few people might have already sent you PM's with offers. As the seller, you are going to make the call of which you value more - the highest selling price (but with more investment in time/money) or the quickest reasonable sale (minimal work, but less money.) Where knowledge and experience are present, you can determine the sweet spot between the two.