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 Replies: 14 / Views: 1,549 |
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Valued Member
United States
385 Posts |
hey guys, I'm enroute to buy 50lb of world coins for $150 :D Will post results in an hour.
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Pillar of the Community
United States
1391 Posts |
Yeah, will want to see the picks of that when you are done.  |
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Valued Member
United States
341 Posts |
Wow, I'd love to go through a bunch like. Good Luck!
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Pillar of the Community
United Kingdom
2624 Posts |
Good luck, hope there are some gems...
If there are any doubles there all donations gratefully received :P
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Pillar of the Community
United States
3184 Posts |
50 lbs for 150? wow very cheap!
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Pillar of the Community
United States
7822 Posts |
Hopefully not all of it is Aluminum  ...but then again there would be more coins...  Edited by oih82w8
06/29/2012 1:29 pm
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Pillar of the Community
United States
570 Posts |
That's a great deal! Hopefully it's not all modern and you get some nice older coins. Keep us posted.
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Pillar of the Community
614 Posts |
Awesome! You can only get 1/4 of a pound for $20 on ebay. |
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Valued Member
Australia
262 Posts |
fascinating price! just make sure they not all modern zinc coins... I used to buy world coins 8 AUD per kilo until one day a guy bring me 5 kilo USA cents...
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Pillar of the Community
United States
1231 Posts |
Well, did you get the coins?
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Pillar of the Community
United Kingdom
2624 Posts |
I am itching to find out too... I expected it would take more than an hour to sort through though.
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Valued Member
Australia
215 Posts |
That's a lot of coins. should keep you busy while sorting them.
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Pillar of the Community
Australia
4411 Posts |
I call dibs on any Australian stuff  Hopefully there is some silver in there. |
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Bedrock of the Community
Australia
21593 Posts |
Depends how many duplicate coins are in the lot.
If there are any silver coins in that lot, it would be a great buy!
Nickel is currently around $7.50 / pound. If there were any pure nickel coins in the lot, it would be a more attractive purchase. The scrap value of copper nickel coins would be about $3.50 / pound.
The current scrap value of pure copper is currently around $2.50 / pound, so if there were no clad zinc or steel coins in the lot, you would be ahead in scrap value from any point of view.
Clad coins don't have any real value even as scrap, due to the cost of the separation of the metals from which they are made. All you can do is re circulate these.
The price per pound for the lot is $3. If the seller finds that he can get much more than that, he may very well change his mind about selling.
I wonder how well this lot has been searched through by a collector or dealer during it's period of accumulation?
If there is any scarce dates errors or varieties to be found, you would not be short of specialist collectors wishing to pick these up, as enworb has indicated. You won't know that until the lot is searched through in detail.
At 50 pounds, if the coins average around 5 grammes each, that makes the number of coins in the lot at well over 4,000 pieces.
Edited by sel_69l
06/30/2012 04:46 am
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Valued Member
United States
230 Posts |
Eager to see what you got! |
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Replies: 14 / Views: 1,549 |
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Posted 06/29/2012 12:48 pm
