As with the holed coins, I've got quite a few that are severely deformed, concave, oval, not circular... So, do I bury these in my time capusule with the holed coins? Is there any point in hanging onto them?
If i was you id scrap them, what you need is a different container for each metal type i use old quality street tins (they are surprisingly heavy when full). You must separate all the different metals into their own containers as if the scrap dealer sees its a mixed lot then they will pay the value of the lowest value metal they see. When you have a reasonable quantity you can weigh them in. When scrapping coins you must make sure they are definitely worthless and make sure you don't mistake a steel coin that has been plated for a more valuable metal so if your not sure check with a magnet first.
Thanks Alastair, I'll collect them for scrap. Please give more information with regard to checking with a magnet... how does that work? Regards, Janine
Like the half penny at the bottom and the 1930 penny on the right. They're just worn, but aren't deformed, like that one George V penny at the top. It's not really good to resort to melting, unless it's completely messed up.
Kenny
- Verifying your Asian and British-territorial coins everyday with the best quality photos and the best information.
Thanks for the feedback. I know the quality of the scans aren't great, but the 1930 penny on the right, that you mentioned, is actual slightly oval in shape. I'll be very selective in terms of what I keep. I've many coins that worn flat, with not legible date / barely any features at all, which I can't really identify. What about these? Thanks, Janine
I agree with Smartone. Someone out there would be happy to have a couple of these coins to fill holes in their collection. I wouldn't scrap them unless they were beyond identifying.
If you choose to list them, just be sure that you note them as holed, and I also point out the note to anyone interested in the coin so that I know that they have all the information.
Another idea? You can find cheap necklaces at flee markets and boot sales and such. Mount them on a necklace and give them to the children in your life. They make nice little trinkets and maybe it will bring new interest to a future numist!
As ugly as the coins are, they still have some sentimental value. Plus, if it's reused in a non-numismatic way, it still keeps its metallic value. Besides, I think the S.A. cent on the top was intended for jewelry.
Kenny
- Verifying your Asian and British-territorial coins everyday with the best quality photos and the best information.
If a coin is made of steel then it will be attracted to a magnet if its made of copper then it wont, also nickel is magnetic so if its attracted to the magnet and is nickel or silver in colour then it might not be steel. Nickel is worth considerably more than steel so its worth checking.
