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<p>[QUOTE=&quot;GDJMSP, post: 1758124, member: 112&quot;]First you have to define old.</p><p>&nbsp;</p><p>&nbsp;</p><p>As with most things knowledge is the key, and provides the answer. The majority will just stay away because they don&#039;t know anything about them. Others have a little basic knowledge and know the rough cutoff dates for when silver stopped being used in most countries and so will buy silver coins based on some percentage of melt. And some will just offer a rough number for the lot planning to throw them in their junk bins - if they need replenishing. </p><p>&nbsp;</p><p>But the simple fact of the matter is that foreign coins are a lot like US coins, only worse - the vast majority are as common as dirt and have little to no value. And the pool of potential buyers for them is a lot smaller than it is for US coins. Dealers know this so they know the risk they face if they buy them - at any price.</p><p>&nbsp;</p><p>Think for a minute, if a collector walks into a shop looking to sell with bags, jars, boxes, whatever, of mixed US coins, hundreds of them - how many dealers are going to take the time to go through all those coins ? How long would it take you to look at 500 coins ? And that&#039;s with coins that you know about. The answer is most would not take the time at all because it isn&#039;t worth it, their time would be wasted. So they pick out silver &amp; count quickly, offer a % of melt for those, and offer face, or twice face for the copper - take it or leave it. Doing anything else is not worth their time. Now do the same thing with foreign coins, everything just got worse - from a seller&#039;s perspective.[/QUOTE]</p><p><br /></p>

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