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 Possible good deal on Craigslist. I need opinions
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Shattered
Penny Hoarding Member


USA
523 Posts

Posted - 03/12/2010 :  14:58:21  Show Profile Send Shattered a Private Message
I found a listing on Craigslist. He is offering them as "starter sets" for new collectors. The American coins interest me the most and is why I am posting them on this board. Those 2 coins alone are worth about $7. I think it might be a good deal but what do you guys think.


quote:
I have assembled starter sets ($10 each) of foreign and US coins for those who are interested in beginning or augmenting their coin collection. Buyers must pay in person and must come to pick up. Each bag contains 67 coins from 39 different countries around the world, including:

Algeria: 1 coin
Argentina: 1 coin
Australia: 1 coin
Austria: 1 coin
Bangladesh: 1square coin
Belgium: 20fr (or 50fr) 1fr (or 2fr)
Brazil: 10 cruzeiros
Canada: 10cents 25cents
Columbia: 20 centavos
Denmark: 1 coin
Dominican Republic: 3diff 25c pieces
France: 1fr, 2fr or more, 10 centimes
Germany: 5Pf 10Pf 1Dm 1 or 2 pf
Great Britain: 5pence (recent) 10 newpence 2 newpence
Greece: 1 coin
Honduras: 1 coin
Hong Kong: 5cent 10cent 50cent
India: 10 Paise
Israel: 1/2 shq 5shq 10shq
Italy: 100lr or more 10 lr 50 lr
Jamaica: 10cents
Japan: 2 coins
Korea: 1 coin
Mexico: 1986peso cincocentav 5centavos diez centavos
Netherlands: 25c or 10 c
New Zealand: 1 coin
Norway: 1 coin
Peru: 2 coins
Phillipines: 3 coins
Poland: 5 zt
Portugal: 1 coin
Spain: 1 coin
Sweden: 1 coin
Switzerland: 1 coin
Trinidad & Tobago: 2 coins
United States: 1buffalo nickel, 1 mercury dime, 1franklin half dollar, 2wheat pennies
Uraguay: 1 coin
Vietnam: 10 dong
Yugoslavia: 1 coin

"I need metal in my life, just like an eagle needs to fly."
-Joseph DeMaio : Die For Metal

wagsthadog
Penny Hoarding Member



USA
565 Posts

Posted - 03/12/2010 :  16:52:50  Show Profile Send wagsthadog a Private Message
Hi there-

Just my .02--

Pretty shrewd listing. Yeah, the American stuff is nice, but as you said, it's only worth about $7, and the other coins are probably pretty much worthless except for the Japanese and Canadian- your call. I'd buy like 2 just to see what's in them, but even with the other coins the seller is probably making like a $2.50 profit.

'Course, there could be some silver in those foreign coins......

wags

Only when they CAN'T have it, ......THEN they'll want it.

I love Cents. If you get an UNC box, you win. If you get a regular circ. box, you win. If you get a zinc box, you don't lose....so you still win.
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JustSayNoToFiat
Penny Pincher Member



110 Posts

Posted - 03/12/2010 :  16:56:06  Show Profile Send JustSayNoToFiat a Private Message
Good deal as in "this will help my fill out my collection" or "This is a sweet price for the silver"?

I can't speak much for the numi side of it. I guess it would not be too bad if you don't sort halves and dimes.

If you hunt old coins mainly for the Ag, and the numi aspect is second, then probably not.

Mercury dime - $1.23 melt (03/11/2010 5:40 pm EST) per Coinflation.com
Frankie half - $6.15 melt (03/11/2010 5:40 pm EST) per Coinflation.com

If you looked at price solely on the silver value of these two coins, you would be paying for silver at $23.04/toz. The spot is $17.01, so $6.03 above spot.

Not a good deal, but you can knock a few cents off for the wheats, and decide if the Buff is worth it to you.

I hope this helps,



It's Half Time...all the time.

Edited by - JustSayNoToFiat on 03/12/2010 16:57:40
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Mcprice302
Penny Collector Member



USA
404 Posts

Posted - 03/12/2010 :  17:04:26  Show Profile Send Mcprice302 a Private Message
See if you can get 3 for $25 or something.
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AGgressive Metal
Administrator



USA
1937 Posts

Posted - 03/12/2010 :  19:41:35  Show Profile Send AGgressive Metal a Private Message
$7.38 silver + 50c Buffalo + 30c Canadian + 8c wheats = $8.26. So it comes down to a question of whether you value 55 foreign coins at $1.74. To me it sounds fair - that is a little over 3 cents per foreign coin and most dealers around here buy at a nickel and sell at 10 cents.


And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484

Edited by - AGgressive Metal on 03/12/2010 19:43:08
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