Help please, I've inherited a Coins etc hoard. Where to start?

blackfish · Post by **blackfish** » 04 Aug 2020 13:38

Hi Everyone,

I recently inherited this lot.

As I have not collected coins before I'm at a loss for storage and need to find them a new home.

Also is there a decent online catalogue resource I could use for Valuation ?

Here are some Pics.

Showing some of the silver proofs.

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Thanks

Global Admin · Post by **Global Admin** » 04 Aug 2020 14:59

Has the smell of someone who visited coin shows and bought cheapie type things on sale, that glittered.

Unc coin sets from Macau and Jersey etc. Whoopee!

And modern Royalty and Commonwealth Games connected stuff etc, made solely to remove money from collector wallets. Double Whoopee!

Still quite some value among it all, as a fair bit of bullion melt most likely, and a bit of face in banknotes - maybe $100-$200 of things from those pix I'd guess.

But we need to see more pix to have a better idea, as it looks like a fair bit more there?

Glen

stagman · Post by **stagman** » 04 Aug 2020 17:37

Hi - I Would Be Keen On This Lot

Thanks Barry

email me if you want to sell ?

ViccyVFU · Post by **ViccyVFU** » 04 Aug 2020 22:54

Wow, some nice items there. I call these Magpie accumulations (from what you’ve shown, it’s hard to tell if they had a theme, or “just accumulated shiny things”).

The value of the whole box, to a large extent, depends on how much work YOU are prepared to do, to “deconstruct it, to create value”.

I think the Sheriff might be “a little light” on his valuation, but as we can’t see 75% of the contents, it’s impossible to be sure what final realisation could be. Even with the blurry pictures, I’d have guessed the box, with a few key items photographed (clearly!), would realise about AUD 500 at auction……. So that’s about $300 - $350 in your hand, after all the usual commissions, transport, insurance and other charges that auction houses dream up nowadays.

Why $500?…. Well the $20 NZ overprinted note, with its associated silver coin (and, I’m assuming, box and certificate) is worth that on its own, and usually more. They overprinted just 2,500 (issued 2,497) and you see them on eBay ASKING for a lot more, but very rarely getting it.

Add to that...

The 1888 Silver crown (GB) – That’s $100 coin (if real), in that condition.
The PNG 10 kina silver coin is 41.12grams of sterling silver, so that $60.
The Auckland four Commonwealth Games coins are all $25 apiece. Etc…..

Against that, there is a lot of “debris” that has been accumulated (and no one likes “buying work to do”), so you bear a penalty by offering them in a mixed lot, as buyers factor that effort into their bid.

For example, the Macau coin set, the Last LSD set (GB) and the Fanfare for Europe 50p (GB) are all fodder, as will be many of the crowns / equivalents that are in base metal, and are neither proofs nor boxed. Almost always “Less is more”, especially with the better items.

So, what should your next steps be? Well, it depends..... on YOU and YOUR circumstances.

If you have time to kill (i.e. on Furlough / retired etc), or are curious …. And are not daunted by selling things on eBay, or here, or other outlets, then you should create a plan of action.

If you are “time poor”, then consider going to a free valuation day at a local specialist auction house. (Once, and done, as they say).

If $100 of your time can be spared, then “make a manifest”.

You’ll be glad you did, as that will add direct value to the accumulation.

There are five, or so, markets you will be selling into:

1) Collectables – The “oooooh, shiny” people. For them, completeness of sets, and certificates / cases are important.
2) Bullion – The “stackers”. For them, the “metal content” and “closeness to bullion value” are important drivers.
3) Note collectors – Usually only interested in uncirculated notes, but make exceptions for rarities.
4) Coin collectors – Condition and authenticity are key. A lot of fake/copy 1888 Crowns exist, so you will need to research how to test for genuineness. (Diameter, thickness, weight etc).
5) Currency – Your last port of call – I see a lot of NZ currency that should never be worth less(‘ish) than face.

Your manifest should list each item / set, metal type (gold, silver, platinum etc), condition, cert of authenticity, case included (i.e. completeness).

Then go onto eBay, and look up each item
a) First for the ASKING prices (as a range Low to High), then
b) Completed items for the ACHIEVED prices.
c) (The wording others use to achieve sales can also help greatly when creating your own listing).

For any item you cannot track down on eBay (or Google), post a detailed picture here, but please make sure we can read the date. (To give you an example, the 1888 UK crown comes in narrow date and wide date format, and the price differential is substantial).

From this manifest, you can arrive at what your disposal plan should be….

There may be several items with an expected realisation value over $50. You may wish to sell / offer these separately.

There may be a whole box of $10 items, in which case, you may choose to “block dispose”. (Remember that block disposal only achieves maybe 10-20% (if you are lucky) of the cash YOU could have achieved yourself, if YOU put the effort in, but a lot of the cost of sales is hidden in extra "carriage" and "time" to achieve the sales

“Those that do the work deserve the reward”

One thing you can be fairly sure of is that 80% of the value will be in just 20% of the materials, so you can dramatically save space by just “getting rid of the fodder”.

Assuming there is no buried gold in the box, and relevant certificates, and cases are present (just not photographed), I’d suggest you might achieve a total realisation of maybe five to ten times the Sheriffs ballpark, but it will involve an incredible amount of work (i.e. time).

He gave you a commercial quote based on what he could see, and the work involved… and nowadays a huge part of the value rests “in the work necessary to achieve sales”.

Remember also that coins are HEAVY, and that selling and shipping costs of “fodder, individually” usually amounts to a zero sum game, when all costs are accounted for (Including your time). (Ever wondered why Glen sells his “toxic waste” as one lot?)

And if you do sell bulk for quick cash, then sit back and watch someone else reap the rewards of all THEIR hard work, please don’t say I didn’t warn you!!

Hope this is helpful.

ebay · Post by **ebay** » 05 Aug 2020 04:51

Good to see you back on the board ViccyVFU

seems like you hadn't been on in several months.

mmaddury · Post by **mmaddury** » 05 Aug 2020 05:02

ViccyVFU wrote: ↑04 Aug 2020 22:54 ...

An excellent post - provides a clear summary of various approaches and the associated pros & cons. (Trimmed the quote so as to not clog up the thread with no new information..)

nota bene · Post by **nota bene** » 06 Aug 2020 04:01

The advice posted by ViccyVFU is solid.

If you are not really sure what it is that you have, and have no experience in grading coins or notes I would not really suggest going down the route of trying to sell stuff individually yourself. Also doing too much research is going to be a massive time consuming event, without a much clearer picture (you need to learn how to spot varieties, replacement notes, signature varieties etc. etc.).

If you feel like it you can take 10-20 pictures more and post here so we get a better idea of overall contents.

It is for sure 100s (could be 1k+ depending on how much is hidden) of AUD just in silver content and face value content, plus there looks to be some stuff of at least small collectible/numismatic value, although not much of what I can see in these couple of pics.

I am a full time dealer/auctioneer in coins/stamps, and a collector as well. Send me a message if you want recommendations where in Sydney area to offer this stuff. [Under normal travel circumstances I would offer to take a look, but now I'm unlikely to make it to Aussie until next year virus permitting... Under normal circumstances I go 2-4 times per year to Sydney for auctions or holiday]

The least troublesome options for you would be either to give it to auction, or sell it outright to a dealer/collector. The advantage to go to a dealer/collector is that they will pay immediately, while auctions take months and months until they happen and pay you. For material that is primarily face value or bullion (silver/gold) value it is a better idea to sell it outright, as in auction you will just end up paying commission for items that have a very well established value and you will get reasonable cash offers for from dealers.

blackfish · Post by **blackfish** » 07 Sep 2020 14:23

Well thanks to you all for the solid information.

I have decided to work through these coins.

Below is an image of 1971 Denver minted half dollar struck on 40% silver pt.

Apparently this coin wasn't supposed to be silver as they ceased in 1970.

And has attracted an auction premium of $US 6000 ?

What are your thoughts?

Regards

nota bene · Post by **nota bene** » 07 Sep 2020 14:27

That is a common CuNi coin - still only worth face value.

stagman · Post by **stagman** » 07 Sep 2020 14:28

Hi Can You Post A Pic Of The Edge Of The Coin ?

blackfish · Post by **blackfish** » 07 Sep 2020 15:07

Here are the edges.

stagman · Post by **stagman** » 07 Sep 2020 16:07

They Look Like Common One To Me As Well .

blackfish · Post by **blackfish** » 07 Sep 2020 17:46

Here are a few more.

Probably should have posted single images.

Regards

CMJ · Post by **CMJ** » 10 Sep 2020 20:17

Moderator Comment

blackfish,

Images must now be uploaded directly to Stampboards from your device.

Here, is a link to a tutorial showing how that can be done.

Test and post your images direct onto June 2020 NEW Stampboards

Please do not use any external image hosting sites like IMGUR as you are doing.

Thank you.

blackfish · Post by **blackfish** » 20 Sep 2020 11:33

Here is a coin I have tried to identify.
Country: Japan. Emperor Meiji era 1867 - 1912.
Year 3 (1870) Circulated coin. Ag .999
Type ? CV ?
Feel free to comment.

: Japan 1870 1 Yen. Obverse: Dragon within beaded circle, legends above, written value below. Reeded edge.

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: Reverse: Sunburst crest within beaded circle and wreath, chrysanthemum between two paulownia flowers above.

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Thanks for looking.

Pampstamp · Post by **Pampstamp** » 20 Sep 2020 18:47

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I hit the jackpot in this inherited small coin collection.

The bulk of the collection was mostly stamps but this was tucked away in the hoard!!

I really didn't discover it until Covid lockdown!!

The value is in the 3 kangaroos. Is there any premium other than the gold value.

The 1911 George V coins what are they worth?

I will post the collection in three lots

Pampstamp · Post by **Pampstamp** » 20 Sep 2020 18:51

Part 2 of the collection

Pampstamp · Post by **Pampstamp** » 20 Sep 2020 18:54

Part 3

Global Admin · Post by **Global Admin** » 20 Sep 2020 19:22

Pampstamp wrote: ↑20 Sep 2020 18:47
The 1911 George V coins what are they worth?

They are gold sovereigns or half sovereigns. Serious bucks there,

Pampstamp · Post by **Pampstamp** » 20 Sep 2020 20:23

Global Administrator wrote: ↑20 Sep 2020 19:22
Pampstamp wrote: ↑20 Sep 2020 18:47
The 1911 George V coins what are they worth?

They are gold sovereigns or half sovereigns. Serious bucks there,

To be honest I had NO IDEA on the price of gold until recently

The 1 ounce Roos are worth almost $2700 aud each on gold content alone!!

The gold 1911gold sovereigns are are worth around $800aud just on gold content.
Not sure if they are scarce?1911 just seems old.

I cant believe silver in comparison is only $37 aud per ounce??

Not sure what the pennys, PNC and medallions are worth if anything?

nota bene · Post by **nota bene** » 23 Sep 2020 18:09

blackfish wrote: ↑20 Sep 2020 11:33

Here is a coin I have tried to identify.
Country: Japan. Emperor Meiji era 1867 - 1912.
Year 3 (1870) Circulated coin. Ag .999
Type ? CV ?
Feel free to comment.

.
.
Thanks for looking.

The resolution of the picture is not good enough for me to tell if genuine or not. There are plenty of fakes. A genuine one trades around the 400-500 AUD mark retail. My guess is that it looks fake. I don't like those missing pearls.

From your pics of the US dollars and half dollars one of the two morgan dollars is a clear old fake. The other one is nice UNC, but not rare or particularly valuable.

Others in that pic are just silver value or face value.
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nota bene · Post by **nota bene** » 23 Sep 2020 18:13

Pampstamp wrote: ↑20 Sep 2020 20:23
Global Administrator wrote: ↑20 Sep 2020 19:22
Pampstamp wrote: ↑20 Sep 2020 18:47
The 1911 George V coins what are they worth?

They are gold sovereigns or half sovereigns. Serious bucks there,

To be honest I had NO IDEA on the price of gold until recently

The 1 ounce Roos are worth almost $2700 aud each on gold content alone!!

The gold 1911gold sovereigns are are worth around $800aud just on gold content.
Not sure if they are scarce?1911 just seems old.

I cant believe silver in comparison is only $37 aud per ounce??

Not sure what the pennys, PNC and medallions are worth if anything?

You have good value there because of the gold for sure! (And a few hundred bucks in silver)

Else there is virtually no collectible value to the medals, FDCs with coins etc. That is all stuff that goes into bargain box material as a coin dealer.

The Pom · Post by **The Pom** » 26 Sep 2020 06:33

nota bene wrote: ↑23 Sep 2020 18:13

Else there is virtually no collectible value to the medals, FDCs with coins etc. That is all stuff that goes into bargain box material as a coin dealer.

The FDCs with coins/medals/tokens etc can actually be worth a bit:

https://stampsaustralia.com.au/Online_stamps_shop/query/Aust ... Portfolios

Obviously, this is retail, and what you'd get is rather less, but they're still better than dollar bin fodder.

Pampstamp · Post by **Pampstamp** » 26 Sep 2020 10:08

Thanks The Pom for the link

Most are limited to 10000-20000 !!
Not my area , I will see how I go

Cheers

satsuma · Post by **satsuma** » 26 Sep 2020 11:54

The 1911 sovereigns scan aren't clear enough to easily see the mint marks.

Be aware that the product of the different mints aren't necessarily the same value even for the same year.

I can see a Perth mint one for sale for a bit over A$1000 but selling to a dealer will get you less than that.

Global Admin · Post by **Global Admin** » 26 Sep 2020 12:30

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I can 99.9999999999999999% guarantee the Sovereigns are scrap bullion. Not too shabby these days.

The PNC might sell at $100 or so the group. Much of this era is landfill so cross your fingers.

Pampstamp · Post by **Pampstamp** » 27 Sep 2020 01:00

satsuma wrote: ↑26 Sep 2020 11:54 The 1911 sovereigns scan aren't clear enough to easily see the mint marks.

Be aware that the product of the different mints aren't necessarily the same value even for the same year.

I can see a Perth mint one for sale for a bit over A$1000 but selling to a dealer will get you less than that.

Well here they are close up!! (the notation next to 1911 is EF)

I have NO idea , but scrap bullion is still OK

JohnB · Post by **JohnB** » 27 Sep 2020 03:38

Hi, have you weighed the gold sovereigns/half sovereigns? (It is difficult from the images to work out which.) 4 grammes for a half, and 8 for a full.

The mint mark is above the date, just below the dragon. I can see a P? for Perth mint on one of them. No mint mark is London.

My ageing catalogues show no difference in value for any of the mints, either full or half sovereign. If this is still the case then bullion is the way to go as condition is not great anyway.

Pampstamp · Post by **Pampstamp** » 27 Sep 2020 16:36

JohnB wrote: ↑27 Sep 2020 03:38 Hi, have you weighed the gold sovereigns/half sovereigns? (It is difficult from the images to work out which.) 4 grammes for a half, and 8 for a full.

They are full sovereigns 8 grams each.

The difference in the 1 ounce Roo is stark!! 31 grams

Cheers

blackfish · Post by **blackfish** » 27 Sep 2020 16:42

Here are a few banknotes from the collection.
From today's spare time.

Japanese Occupation

Thanks

Pampstamp · Post by **Pampstamp** » 30 Nov 2020 22:59

Found this lot recently along with the others and have NO idea if anything here is of value

The medals are 1914 & 1913 and in silver!!

Global Admin · Post by **Global Admin** » 30 Nov 2020 23:05

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Well you better PRAY there is some value in the medals that we can see no detail of, as the coins will only pay for a beer - maybe two, on a great day.

Pampstamp · Post by **Pampstamp** » 30 Nov 2020 23:11

Haha
I guessed that pretty much already

Just thought I would put it out there!!

ViccyVFU · Post by **ViccyVFU** » 01 Dec 2020 00:39

Pampstamp wrote: ↑30 Nov 2020 23:11 Haha
I guessed that pretty much already

Just thought I would put it out there!!

Six Aus shillings and NZ florin are 50% silver. That's GBP £12 of silver scrap

Two Canadian 50c are sterling silver. That's GBP £11 of silver scrap

The Aussie medal should exceed scrap value.

How much is a beer in Aus nowadays??

Pampstamp · Post by **Pampstamp** » 01 Dec 2020 20:56

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ViccyVFU wrote: ↑01 Dec 2020 00:39
Six Aus shillings and NZ florin are 50% silver. That's GBP £12 of silver scrap

Two Canadian 50c are sterling silver. That's GBP £11 of silver scrap

The Aussie medal should exceed scrap value.

How much is a beer in Aus nowadays??

Well I live in N/W Sydney and $10 bucks aud will buy you TWO nice coldies at my local

Unless of course you live in the "Crag" then heaven only knows!!

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Global Admin · Post by **Global Admin** » 01 Dec 2020 21:06

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Well at my only local wine bar a beer or wine is $10 before any tip -

https://apera.com.au/wp-content/uploads/2020/09/Wines-Drinks.pdf

Please do let me know how they react when you plonk down a few gungy looking shilling coins to pay for it.

Glen

ViccyVFU · Post by **ViccyVFU** » 01 Dec 2020 21:49

Global Administrator wrote: ↑01 Dec 2020 21:06 .

Well at my only local wine bar a beer or wine is $10 before any tip -

https://apera.com.au/wp-content/uploads/2020/09/Wines-Drinks.pdf

Please do let me know how they react when you plonk down a few gungy looking shilling coins to pay for it.

Glen

Now you are just being cruel ..... Our bars have been shut for a month (and not for the first time this year).

When they re-open this Friday, the chance of them taking any form of cash (or token) is "diddley squat".

However, most scrappers remain open (for postal business), and they electronically transfer funds, before noon, same day.

As long as you process this "pot of silver" in the right order, I see no problems

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Global Admin · Post by **Global Admin** » 01 Dec 2020 22:08

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I guess I foolishly place a sensible value on my time. To spend an hour stuffing about, to maybe get $30 or so gross for scrap ugly coinage, is not high on productive use of my time, as I make 3 times an hour more selling stamps.

However, everyone will differ on that - I guess it is about the hourly rate for flipping burgers or driving a cab, so might well appeal to some, assuming of course the material cost zero in the first place.

Glen

Pampstamp · Post by **Pampstamp** » 01 Dec 2020 22:20

Global Administrator wrote: ↑01 Dec 2020 22:08 .
I guess I foolishly place a sensible value on my time. To spend an hour stuffing about, to maybe get $30 or so gross for scrap ugly coinage, is not high on productive use of my time, as I make 3 times an hour more selling stamps.

However, everyone will differ on that - I guess it is about the hourly rate for flipping burgers or driving a cab, so might well appeal to some, assuming of course the material cost zero in the first place.

Glen

Time has got nothing to do with it when its a hobby!!

It relaxes me!!

I guess I am up to 6 beers now

I can get toasted or I can shout you a few!! hahaha

borsac · Post by **borsac** » 25 May 2021 23:36

Pampstamp wrote: ↑30 Nov 2020 22:59 Found this lot recently along with the others and have NO idea if anything here is of value

The medals are 1914 & 1913 and in silver!!

Just saw this post the medal on the right is a Australian Army Senior Cadet competition medal and only . Quite sought after and $450+.

Pampstamp · Post by **Pampstamp** » 26 May 2021 00:14

borsac wrote: ↑25 May 2021 23:36
Pampstamp wrote: ↑30 Nov 2020 22:59 Found this lot recently along with the others and have NO idea if anything here is of value

The medals are 1914 & 1913 and in silver!!

Just saw this post the medal on the right is a Australian Army Senior Cadet competition medal and only . Quite sought after and $450+.

Hey Borsac

That's great news- learn something everyday!! More than a few beers there

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: Dated 1912-13

borsac · Post by **borsac** » 27 May 2021 01:43

Only 162 were awarded that year. You need to try and find out who he is. That might add some value.

Pampstamp · Post by **Pampstamp** » 23 May 2023 23:59

borsac wrote: ↑27 May 2021 01:43 Only 162 were awarded that year. You need to try and find out who he is. That might add some value.

Hey Borsac

Found some info on this a while back

Cadet: Harold Edgar TUCKER.
Gunner: 1599/Lance Corporal: 86043 Harold Edgar TUCKER. 36th Australian Heavy Artillery - Special Services.
Born: 18th July 1897. Murrurundi, Pages River, New South Wales, Australia.
Died: 20th September 1994. Sydney, New South Wales, Australia.

Married: 1937. Paddington, New South Wales, Australia
Wife: Eunice Eden Alice Tucker. nee: Davidson. (1902-2005)

SOLD it a while back on EBAY

ANYONE take a guess what I sold it for

borsac · Post by **borsac** » 24 May 2023 12:11

Yeah I saw it sell got about $1200 or so didn't you?

Regards Tony

Global Admin · Post by **Global Admin** » 24 May 2023 18:07

There is a superb catalogue of these sort of service medals - 'AUSTRALIANS AWARDED' - essential to own.

Borsac .. drove past your Adelaide pub on Sunday, and looks like it has been knocked down?

Pampstamp · Post by **Pampstamp** » 24 May 2023 23:53

borsac wrote: ↑24 May 2023 12:11 Yeah I saw it sell got about $1200 or so didn't you?

Regards Tony

Haha spot on!!

And I think the other one is worth more

Cheers

Pampstamp · Post by **Pampstamp** » 24 May 2023 23:56

Global Admin wrote: ↑24 May 2023 18:07 There is a superb catalogue of these sort of service medals - 'AUSTRALIANS AWARDED' - essential to own.

Borsac .. drove past your Adelaide pub on Sunday, and looks like it has been knocked down?

Is that so! Might have to look into that.

As for the pub, sorry don't do Adelaide

I owe you a beer or two though,for revving me up

borsac · Post by **borsac** » 29 May 2023 20:05

Global Admin wrote: ↑24 May 2023 18:07 There is a superb catalogue of these sort of service medals - 'AUSTRALIANS AWARDED' - essential to own.

Borsac .. drove past your Adelaide pub on Sunday, and looks like it has been knocked down?

Pub is still there Glen. I think a development is iminent though.
And yes "Australians Awarded" is an absolute must have book.
Regards Tony

borsac · Post by **borsac** » 29 May 2023 20:09

Pampstamp wrote: ↑24 May 2023 23:53
borsac wrote: ↑24 May 2023 12:11 Yeah I saw it sell got about $1200 or so didn't you?

Regards Tony
Haha spot on!!
And I think the other one is worth more

Cheers

Nah unless I'm mistaken the other one looks to be some sort of commemorative Royalty/King/Coronation type of thing...
Put a better image of both sides of it up. I'll give you my two bobs worth.

Regards Tony

Pampstamp · Post by **Pampstamp** » 30 May 2023 23:13

borsac wrote: ↑29 May 2023 20:09
Pampstamp wrote: ↑24 May 2023 23:53
borsac wrote: ↑24 May 2023 12:11 Yeah I saw it sell got about $1200 or so didn't you?

Regards Tony
Haha spot on!!
And I think the other one is worth more

Cheers
Nah unless I'm mistaken the other one looks to be some sort of commemorative Royalty/King/Coronation type of thing...
Put a better image of both sides of it up. I'll give you my two bobs worth.

Regards Tony

Ok Tony
Hit me with your two bobs worth!!

Mind you I already have a good offer for it

Like the other one which I then decided to let it run to auction!!

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