What to do with a bunch of foreign coins?

Discussion in 'World Coins' started by LSMODELS, Dec 15, 2011.

  1. LSMODELS

    LSMODELS New Member

    Over the years I have accumulated a few pounds of foreign coins. I don't want them and can not bring myself to throw them out. Would selling them as a bulk buy do any good? Do any of you purchase such?

    They may have some value but to take them to a money exchange would be a real hassle.
    Any interest? I'll shoot a few photos.

    Mike
     
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  3. jloring

    jloring Senior Citizen

    Here's what I do:
    Stick 'em in a 2x2 and sell them at the local flea market three for a buck. I sell out almost every time. Also I sell Ikes three for five dollars and Kennedy halves three for two dollars. Basically I have an unlimited supply of these, so keeping stock is a non-issue.
     
  4. bobbeth87

    bobbeth87 Coin Collector

    People buy $1.50 worth of half dollars they could get from a bank for $2?

    Wow.
     
  5. Mat

    Mat Ancient Coincoholic

    I donated several pounds to the "Treasure Hunt" at the Long Beach coin show earlier this year. I still have a few pounds I would like to unload. I sometimes give a few away as added bonuses in trades and such.
     
  6. medoraman

    medoraman Supporter! Supporter

    Or just sell them on Ebay or here on CT. World coin collectors buy mixed coins by the pound all of the time. Search world coins on Ebay for "pound or lb", and you get a ton of auctions, (and not just for british coins lol).
     
  7. Collect89

    Collect89 Coin Collector

    First you want to remove all the platinum, gold, and silver coins. The balance would probably only sell for a few dollars a pound so consider donating them to your local elementary school or boy scout troop.

    If you post a couple photos here, then we can let you know if you have any better coins that might be sold rather than donated.
     
  8. TheCoinGeezer

    TheCoinGeezer Senex Bombulum

    Local Scout troops would probably appreciate the donation.
     
  9. medoraman

    medoraman Supporter! Supporter

    Yeah, those dang pesky czarist Russia platinum coins are always overflowing out of MY junk pile of world coins. :)
     
  10. valente151

    valente151 Mr. AU64, Jr.

    Check with your local coin shows and see if they have any Young Numismatist programs. If so, I'm sure they'd be more than happy to take the coins off your hands to give to the kids.
     
  11. kookoox10

    kookoox10 ANA #3168546

    If you only have a few pounds, the donation part sounds like a good idea. Then you can get your tax write off slip.
     
  12. downlow

    downlow Collection Collector

    I send them in trades as a bonus, they function well as "packing buffer"

    I LOVE Foreign!
     
  13. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

    Exactly. Foreign coins are garbage, nobody uses or collects them. It is unclear why were they minted in the first place!
     
  14. kookoox10

    kookoox10 ANA #3168546

    Right now people from the Bermuda and Costa Rican mints are reading your posts. And they probably agree with you on that!
     
  15. Conder101

    Conder101 Numismatist

    Foreign exchange offices don't take coins.
     
  16. james m. wolfe

    james m. wolfe New Member

    :eek:what !!! i like the bermuda coins!!!
     
  17. Hiddendragon

    Hiddendragon World coin collector

    Certainly don't throw them away. A lot of people value foreign coins even if they have no book value. Folks like myself try to complete sets just like others do with American coins, and you may have the one that someone is looking for.
     
  18. medoraman

    medoraman Supporter! Supporter

    Yeah, but make sure OP that you IMMEDIATELY throw away any 1975 dated Mexican coins. Those little pieces of garbage need to be destroyed post haste. :)

    For any one else reading this, sorry, its a little inside joke.
     
  19. jloring

    jloring Senior Citizen

    Absolutely... you would be surprised how many people have never even seen a half dollar or an Ike, and don't realize they can get them at the bank for face.
     
  20. gbroke

    gbroke Naturally Toned

    Have a contest on CT and give them away.
     
  21. kforbes862

    kforbes862 Well-Known Member

    I have a lot of foreign coins...... i mostly try to collect silver ones because they are worth something, but i would love to have more foreign coins. If your still trying to get rid of them i would be interested in them.
     
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