Just rescued from the smelter

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redsmithstudios
Joined: 20 Ara 2010
Posts: 3064
Posted: 3 Ocak 2013, 20:26 #
Posted: #
I stopped by a "WE BUY GOLD" place today to ask if they had any world coins; sadly he said that he had just melted a bunch, but he did have these two. Can some one tell me the value of the German coin?
  1873 A
https://en.numista.com/catalogue/pieces7031.html

  Also saved this
https://en.numista.com/catalogue/pieces5566.html
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!

Looking for pre 1783 coins
ZacUK Numista team
Joined: 3 Ocak 2011
Posts: 16691
Posted: 3 Ocak 2013, 20:38 #
Posted: #
http://www.ngccoin.com/poplookup/WorldCoinPrices.aspx?category=119033&worldcoinid=304619&FromSearch=true

   Depending on condition, between $5 and $300 it says.  :)
Token collector [1600-1899] with some coins
redsmithstudios
Joined: 20 Ara 2010
Posts: 3064
Posted: 3 Ocak 2013, 20:46 #
Posted: #
Yea, I didn't know if that was accurate because the silver is $5.55, I would say its VF, but I am no grader



Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!

Looking for pre 1783 coins
pnightingale
Joined: 27 Tem 2011
Posts: 5383
Posted: 3 Ocak 2013, 21:48 #
Posted: #
I approve wholeheartedly!

VF would be my guess too, what a shame to melt a beautiful 140 year old coin for a few dollars of silver content. I wonder how many treasures pass through the hands of the smelters every day.
Non illegitimis carborundum est.  Excellent advice for all coins.
Make Numismatics Great Again!  
radrick007
Joined: 7 Şub 2011
Posts: 3048
Posted: 3 Ocak 2013, 21:56 #
Posted: #
Quote: pnightingaleI approve wholeheartedly!
I have to agree with young Philip (no change there).

I think you deserve a medal for preserving our numismatic heritage - perhaps we could make you one out of melted down silver coins (only kidding!)  :D
Just because you can't see it ... doesn't mean it isn't there - Anon.

Former coin and banknote catalogue referee.
redsmithstudios
Joined: 20 Ara 2010
Posts: 3064
Posted: 3 Ocak 2013, 22:55 #
Posted: #
So is it only worth its silver value? that's still higher than book value.
 I thought it would be worth more than $5.55
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!

Looking for pre 1783 coins
pnightingale
Joined: 27 Tem 2011
Posts: 5383
Posted: 3 Ocak 2013, 23:04 #
Posted: #
Quote: redsmithstudiosSo is it only worth its silver value? that's still higher than book value.
 I thought it would be worth more than $5.55
It's that "A" (Berlin) mintmark, they are the commonest in every series. Do keep in mind though that NGCs interest begins and ends with coins worthy of certification and thus revenue. I certainly wouldn't sell or barter it for it's melt value.

Keep a hold of it brother and when all the dumbasses have melted theirs it will increase in value.
Non illegitimis carborundum est.  Excellent advice for all coins.
Make Numismatics Great Again!  
eminem
Joined: 9 Ocak 2012
Posts: 810
Posted: 3 Ocak 2013, 23:07 #
Posted: #
Hmm I should hurry over to all the places near me. good job!
Numista referee for Canada and Estonia.
redsmithstudios
Joined: 20 Ara 2010
Posts: 3064
Posted: 4 Ocak 2013, 01:46 #
Posted: #
Phil, hopefully most don't melt them, only that guy, plus I don't think he will be melting anymore

 Yea Eminem, the good thing is he only charged me what he would get from the refiner, I paid $6 for each
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!

Looking for pre 1783 coins
eminem
Joined: 9 Ocak 2012
Posts: 810
Posted: 4 Ocak 2013, 02:54 #
Posted: #
^ Nice, I just talked to my mother and she happens to be friends with one of the major gold buyers in toronto, so I may be able to go tomorrow and ask him about any coins he may have

I'll let you guys know how it goes
Numista referee for Canada and Estonia.
bam777
Joined: 5 Ağu 2011
Posts: 4414
Posted: 4 Ocak 2013, 07:45 #
Posted: #
Sounds great guys and well done redsmithstudios! Looks like a nice racket but could get 'expensive' over time.  
15turtles
Joined: 26 Mart 2012
Posts: 1129
Posted: 4 Ocak 2013, 10:10 #
Posted: #
I do this way to much...

If you all want to find some nice stuff before it goes to the melting pot, i'd suggest the states.
(^ddie 1888-o morgan dollar, unc morgans... others)
also in Germany u can hit up a nice profit :D (< baden 5 mark, Prussia 5 mark)
England... I think I said this on another forum before, bujt you can get Maundy coins for silver spot!
haven't found in france yet (seen the stores... with thugs outside?)
spain only buys, not too many that sell.
in Canada, I haven't scored anything of value yet

TIP: wait until silver is very low. check the hour by hour silver price.
University is time consuming, cherish your free time!

Honi soit qui mal y pense.
15turtles
Joined: 26 Mart 2012
Posts: 1129
Posted: 4 Ocak 2013, 10:10 #
Posted: #
and nice find! @red.

amazing coins!
University is time consuming, cherish your free time!

Honi soit qui mal y pense.
15turtles
Joined: 26 Mart 2012
Posts: 1129
Posted: 4 Ocak 2013, 10:12 #
Posted: #
Quote: eminem^ Nice, I just talked to my mother and she happens to be friends with one of the major gold buyers in toronto, so I may be able to go tomorrow and ask him about any coins he may have

I'll let you guys know how it goes
u could get extremely lucky there.
University is time consuming, cherish your free time!

Honi soit qui mal y pense.
eminem
Joined: 9 Ocak 2012
Posts: 810
Posted: 4 Ocak 2013, 18:16 #
Posted: #
So I just went and met this guy: http://www.youtube.com/watch?v=NSQVVHyvOZU and he's actually pretty nice, he said that he would match whatever anyone else offered me for silver/gold coins.

When i asked him about coins he said he gets so many that he doesn't even bother looking at the dates, just melts them right away, but from time to time he gets coin dealers that buy all of it. Apparently he once got three rolls of these: https://en.numista.com/catalogue/pieces22059.html and threw them straight into the smelter  :(

At the moment he didn't have anything worth more than melt, and I wouldn't have had enough money to buy a quarter of it anyways

That is my adventure
Numista referee for Canada and Estonia.
redsmithstudios
Joined: 20 Ara 2010
Posts: 3064
Posted: 4 Ocak 2013, 21:27 #
Posted: #
Quote: eminemWhen i asked him about coins he said he gets so many that he doesn't even bother looking at the dates, just melts them right away, but from time to time he gets coin dealers that buy all of it. Apparently he once got three rolls of these: https://en.numista.com/catalogue/pieces22059.html and threw them straight into the smelter  :(
that's a horrible story, and he melted three rolls of dream coins
 perhaps you can go back and get some high value coins
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!

Looking for pre 1783 coins
eminem
Joined: 9 Ocak 2012
Posts: 810
Posted: 4 Ocak 2013, 22:28 #
Posted: #
Quote: redsmithstudiosthat's a horrible story, and he melted three rolls of dream coins
 perhaps you can go back and get some high value coins
yes, but I lack sufficient money and my parents wouldn't want me draining my bank account
Numista referee for Canada and Estonia.
pnightingale
Joined: 27 Tem 2011
Posts: 5383
Posted: 5 Ocak 2013, 02:23 #
Posted: #
Quote: eminem
Quote: redsmithstudiosthat's a horrible story, and he melted three rolls of dream coins
 perhaps you can go back and get some high value coins
yes, but I lack sufficient money and my parents wouldn't want me draining my bank account
Tell them you are diversifying your portfolio. It works on my wife all the time.
Non illegitimis carborundum est.  Excellent advice for all coins.
Make Numismatics Great Again!  
Mark240590
Closed account
Posted: 5 Ocak 2013, 02:52 #
Posted: #
Hey if its good en
Mark240590
Closed account
Posted: 5 Ocak 2013, 02:53 #
Posted: #
Enough for the governments of the world why can't we keep gold as an investment !?
redsmithstudios
Joined: 20 Ara 2010
Posts: 3064
Posted: 5 Ocak 2013, 03:21 #
Posted: #
Quote: Mark240590Enough for the governments of the world why can't we keep gold as an investment !?
 we can, can't you?

  does not seem like a good buy at $1700
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!

Looking for pre 1783 coins
hagglund
Joined: 22 Eyl 2012
Posts: 194
Posted: 5 Ocak 2013, 12:02 #
Posted: #
Omg, I just dont see the point in melting down any silver or gold coins, much less collectables.
Seriously a lot of the PMs go to investors anyway right, and coins already have a well determined weight and composition so why would there be any need to put them in a smelter?
Granted the *possibility* of melting them needs to be there for them to retain their melt value, but that doesn't mean that they actually need to go into the smelter :(
It's just wrong... that's what I think
ctucker
Joined: 4 Eyl 2011
Posts: 627
Posted: 19 Ocak 2013, 21:16 #
Posted: #
Just saved these from the melting pot!


I paid $7 for the 1883 shilling and silver spot for the rest! It would have broken my heart to lose these to the melt!
KennyG
Joined: 25 Nis 2010
Posts: 5285
Posted: 19 Ocak 2013, 22:44 #
Posted: #
Quote: ctuckerJust saved these from the melting pot!
Lucky you!

The 100 Yen with the Phoenix is a very scarce coin. I've seen that coin on eBay sell for 15 bucks in that condition even though it's worth only 4 or 5.
Kenny

- Verifying your Asian and British-territorial coins everyday with the best quality photos and the best information.

Check out my Facebook, Kenneth Gucyski.
hagglund
Joined: 22 Eyl 2012
Posts: 194
Posted: 19 Ocak 2013, 23:21 #
Posted: #
Quote: ctuckerJust saved these from the melting pot!


I paid $7 for the 1883 shilling and silver spot for the rest! It would have broken my heart to lose these to the melt!
That 1968 ½ Franc is Copper-Nickel isn't it?
Also it's legal tender... wonder why anyone would want to melt it down
ctucker
Joined: 4 Eyl 2011
Posts: 627
Posted: 19 Ocak 2013, 23:37 #
Posted: #
Quote: hagglund
Quote: ctuckerJust saved these from the melting pot!


I paid $7 for the 1883 shilling and silver spot for the rest! It would have broken my heart to lose these to the melt!
That 1968 ½ Franc is Copper-Nickel isn't it?
Also it's legal tender... wonder why anyone would want to melt it down
It is a 1963. The scan is a little unclear, but it is silver.
hagglund
Joined: 22 Eyl 2012
Posts: 194
Posted: 19 Ocak 2013, 23:42 #
Posted: #
Quote: ctucker
Quote: hagglund
Quote: ctuckerJust saved these from the melting pot!


I paid $7 for the 1883 shilling and silver spot for the rest! It would have broken my heart to lose these to the melt!
That 1968 ½ Franc is Copper-Nickel isn't it?
Also it's legal tender... wonder why anyone would want to melt it down
It is a 1963. The scan is a little unclear, but it is silver.
I blame my eyesight.. It had me confused because it looked very silvery and now I know why :)
redsmithstudios
Joined: 20 Ara 2010
Posts: 3064
Posted: 5 Şub 2013, 05:06 #
Posted: #
Quote: ctuckerJust saved these from the melting pot!


I paid $7 for the 1883 shilling and silver spot for the rest! It would have broken my heart to lose these to the melt!
 very good job! nice coins
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!

Looking for pre 1783 coins
Andrey
Joined: 16 Tem 2012
Posts: 755
Posted: 5 Şub 2013, 06:22 #
Posted: #
Quote: redsmithstudiosSo is it only worth its silver value? that's still higher than book value.
 I thought it would be worth more than $5.55
If it is any comfort for you, the Moneytrend magazine (Vienna) publishing monthly estimates for coins of German speaking countries and their dependencies, says that 1 Mark 1873A is worth 20 Euro (about $27) in VF. Taking into account the huge mintage (900,000 coins), I doubt that it would be easy to find a collector of German coins who still needs this coin and would readily pay such a price.  
I collect coins and tokens which circulated in Africa from 18th century to 2000. I sell about 7000 illustrated world coins from http://www.avscoins.com.
redsmithstudios
Joined: 20 Ara 2010
Posts: 3064
Posted: 16 Şub 2013, 21:16 #
Posted: #
Just saved some more today, I did not get great prices on these, but I could not bear to leav them to be melt down.
 He would no have melted the US 1/2

  I paid $15 for the US, $10 for Columbia, $9 for Australia, $5 for Bahama (good deal), and $4 for Netherlands.
  Feel free the grade these.

Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!

Looking for pre 1783 coins
Mark240590
Closed account
Posted: 16 Şub 2013, 21:26 #
Posted: #
I have just picked up the same florin for the same price ha !

I've not seen one of the 50c's though !
eminem
Joined: 9 Ocak 2012
Posts: 810
Posted: 17 Şub 2013, 04:34 #
Posted: #
sweet, awesome coins  (8  I desperately want one of those Columbian expedition 1/2 dollars, if you find another for such a price, tell me please!
Numista referee for Canada and Estonia.
neilithic
Closed account
Posted: 17 Şub 2013, 23:40 #
Posted: #
I'm not sure what the value is, but ones in similar condition sell over here for around NZ$10.00, I think I got mine for around NZ$8.
redsmithstudios
Joined: 20 Ara 2010
Posts: 3064
Posted: 18 Şub 2013, 02:59 #
Posted: #
Quote: neilithicI'm not sure what the value is, but ones in similar condition sell over here for around NZ$10.00, I think I got mine for around NZ$8.
one what? Columbia 1/2?  

  I am going to visit New Zealand and pay for my trip by buying and selling coins
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!

Looking for pre 1783 coins
neilithic
Closed account
Posted: 18 Şub 2013, 03:37 #
Posted: #
Quote: redsmithstudiosone what? Columbia 1/2?  

  I am going to visit New Zealand and pay for my trip by buying and selling coins
No, the German 1 mark coin originally posted.
redsmithstudios
Joined: 20 Ara 2010
Posts: 3064
Posted: 18 Şub 2013, 04:47 #
Posted: #
oh, ok, I was about to say

  The  1870 Germain Mark should be more valuable than BV
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!

Looking for pre 1783 coins
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