Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Searching bulk world coins
>
Reply to Thread
Message:
<p>[QUOTE="sakata, post: 2748170, member: 23778"]This question is kind of like a CRH question but not really. CRH generally refers to searching for US coins, which can be deposited or spent if nothing is found.</p><p><br /></p><p>However, I find it very interesting to sort through bulk world coins. Several years ago I bought a whole load of bulk world coins, mostly post-1950 but not all, for about 5 cents a coin: maybe 10,000 in all. I knew perfectly well that I would never recover the cost, but I was just intrigued by the possibilities.</p><p><br /></p><p>Here are a few of the interesting results of looking through these over a few years, a few dozen an evening when I am in the mood (once of twice a week).</p><p><br /></p><p>1. I have learned to recognize so many world coins on sight.</p><p>2. I am amazed as the rate at which coinage as been devalued over the last 50 years. For example, 0.5oz silver to 0.05 aluminum for the same denomination in less than 50 years.</p><p>3. Some observation have made me want to investigate further and I have learned quite a bit of 20th century world history.</p><p><br /></p><p>So far I have cataloged many thousands of world coins (each is in a coin envelope) and they are all stored in an old microfiche filing cabinet, and the majority have a catalog value below 25 cents.</p><p><br /></p><p>As I said, I will never recover the money or time investment even if I ever try to sell them (which I am unlikely to do) but the learning (numismatic and otherwise) has been worth it.</p><p><br /></p><p>Anyone else done this? If not, I recommend it. There is more to studying coins than buying expensive (>$10) ones.</p><p><br /></p><p>I should add, I do have a lot of much more valuable ones. I just find this aspect interesting.[/QUOTE]</p><p><br /></p>
[QUOTE="sakata, post: 2748170, member: 23778"]This question is kind of like a CRH question but not really. CRH generally refers to searching for US coins, which can be deposited or spent if nothing is found. However, I find it very interesting to sort through bulk world coins. Several years ago I bought a whole load of bulk world coins, mostly post-1950 but not all, for about 5 cents a coin: maybe 10,000 in all. I knew perfectly well that I would never recover the cost, but I was just intrigued by the possibilities. Here are a few of the interesting results of looking through these over a few years, a few dozen an evening when I am in the mood (once of twice a week). 1. I have learned to recognize so many world coins on sight. 2. I am amazed as the rate at which coinage as been devalued over the last 50 years. For example, 0.5oz silver to 0.05 aluminum for the same denomination in less than 50 years. 3. Some observation have made me want to investigate further and I have learned quite a bit of 20th century world history. So far I have cataloged many thousands of world coins (each is in a coin envelope) and they are all stored in an old microfiche filing cabinet, and the majority have a catalog value below 25 cents. As I said, I will never recover the money or time investment even if I ever try to sell them (which I am unlikely to do) but the learning (numismatic and otherwise) has been worth it. Anyone else done this? If not, I recommend it. There is more to studying coins than buying expensive (>$10) ones. I should add, I do have a lot of much more valuable ones. I just find this aspect interesting.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Searching bulk world coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...