The Conservative Cave
Current Events => The DUmpster => Topic started by: BattleHymn on February 26, 2017, 01:18:19 PM
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http://www.democraticunderground.com/10261488
Marc could help a fellow DUmmie out here, as this is right up his alley. Will he?
Mon Feb 13, 2017, 03:34 PM
Star Member blueseas (11,248 posts)
Coins from years of travel
I have inherited coins from travel. My late family member worked for the airlines and traveled the world. I have world coins from may different places. I have no idea how to sell them or convert them. I am in the process of downsizing.
Any advice?
I also inherited coins in slabs. I suppose a coin dealer would help with that or sell on an auction site?
Thank you for reading!
Mon Feb 13, 2017, 03:38 PM
tenorly (1,335 posts)
1. Try Ebay.
What I would do, is put the more common ones in batches - say, 100 for $20 - and set aside the 19th/early 20th century ones for individual bidding sale. You'll be surprised how many bids you'll get.
Above all, my condolences for your recent loss, Blue Seas. All the Best.
Chances are OP DUmmie that you should take this DUmmie's advice. Most of what you have is gonna be worthless.
Mon Feb 13, 2017, 03:47 PM
Star Member safeinOhio (11,519 posts)
2. Coin dealer I work with showed me a trick.
You can find out if a coin is made of silver by dropping it on a cement or tile floor. Silver coins have a ring to them. Other metals just go clunk.
Mon Feb 13, 2017, 04:01 PM
ret5hd (11,763 posts)
3. Don't do that!!! A valuable undamaged coin could rapidly turn into...
a coin that's worth little more than its weight in silver.
Chances are none of them are silver to begin with. I doubt these are proof pieces the OP DUmmie has, anyways.
Mon Feb 13, 2017, 04:37 PM
Star Member blueseas (11,248 posts)
5. I don't think I want to try that and ruin a good thing - lol
Is there some date that has more silver. I could start there instead. - Thanks!
Marc is nowhere to be found to help a fellow DUmmie in need of aid.
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This seems like a rather important question, don't you think? Some careful, expert advice is called for in this, and he runs to the DUmp.
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Most likely he is trying to find out if it is worth lifting the collection from the deceased house.
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Most likely he is trying to find out if it is worth lifting the collection from the deceased house.
I think you're dead on. H5.
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The poor DUmmies are lost without GNads to show them the way of Google.
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I would say chumming. DUfish love bait. Private message me to find out about my great uncles coin stash. I don't got a clue what it is worth but if you send me cash in an unmarked manila envelope I will send you the instructions I received from his last duty station in Nigeria about how to secure his fortune. thank you in advance. :-)
Oh yes, I can accept paypal and western union so don't wait. :whistling:
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I've got a lot of coins accumulated as leftovers from time overseas myself...predominantly Deutschmarks, Israeli sheks, various countries' dinars, some Euros, Dutch guilders, even a Honduran lempira note...all kicking around here somewhere. I don't regard them as having any more than sentimental value. Also a bunch of US coins my Dad collected, mostly unsorted thoug some were carded, talked to a collector about having them appraised for the estate, he told me that kind of gaggle basically goes for the scrap price of the metal and nobody would go through them for an appraisal fee, plus even if there was a pearl in the pile, there's always the risk the appraiser would pocket it.
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Take them to a federal reserve and exchange them at the current rate.
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Take them to a federal reserve and exchange them at the current rate.
Based upon this part of the comment:
.....My late family member worked for the airlines and traveled the world.....
This is a guess only, but I'm guessing the relative worked for the airlines and traveled the world during the heyday of air travel and when coinage was in rather more use than it is today (having been replaced by paper and plastic), which would be, maybe, circa 1950-1990.
So it's probably all pretty much commonplace metal, no silver or gold content.
I doubt there's anything of much, if any, value in it, and suggest the primitive do with the coins that might work, what franksolich used to do, inserting them into parking meters. As long as a coin was the same circumference, or near to it, it worked.
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I've got a lot of coins accumulated as leftovers from time overseas myself...predominantly Deutschmarks, Israeli sheks, various countries' dinars, some Euros, Dutch guilders, even a Honduran lempira note...all kicking around here somewhere. I don't regard them as having any more than sentimental value. Also a bunch of US coins my Dad collected, mostly unsorted thoug some were carded, talked to a collector about having them appraised for the estate, he told me that kind of gaggle basically goes for the scrap price of the metal and nobody would go through them for an appraisal fee, plus even if there was a pearl in the pile, there's always the risk the appraiser would pocket it.
I keep a cigar box of worthless money from my travels. It started as an amusing anecdote from traveling in Poland in 1995 when they were transitioning from the złoty (or stare złoty, literally meaning "old money") to the "novo złoty," translating to "new money." Short version: there had been so much inflation post-Iron Curtain that the Polish government eventually just took the existing currency and lopped four zeroes off of the end. But there was still a bunch of the old currency in circulation, so you had to be careful because you could easily wind up accidentally paying $50 for a bottled water instead of 50¢. At some point, I managed to wind up with a 5 stare złoty note, and with some bemusement, we sat in a bar one afternoon and calculated that it literally was not worth the paper it was printed on, that it would cost more to physically create the cotton rag, ink, etc. to produce that note than it was worth, a tiny fraction of one US cent. So I started keeping other such "worthless money" from other places, none quite so utterly valueless, but similar. I have a one-kopek coin from St. Petersburg that, at the time, was worth something like US$0.00025, for example. For the most part, it's either old Soviet or post-Soviet currencies or otherwise discontinued currencies (Deutschemarks, Francs, etc.).
I keep it around for bemusement's sake. It's the functional equivalent of collecting Confederate currency: makes for interesting conversation pieces, but little else.