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Jimmy James
Oct 1, 2004
The man so nice they named him twice.
Good start with the OP. I'll make my first post one of my favorite coin designs that kind of fits in with your space theme. A German commemorative for Corpernicus with the solar system on the obverse.

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Jimmy James
Oct 1, 2004
The man so nice they named him twice.
Here's a cool, accessible world coin:



I think I paid somewhere in the 45 dollar range for it. A decent UNC, but has an obverse rim ding.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

Pooper Trooper posted:

Yes please! I've only ever seen aluminum coins from Greece and they feel so weird in your hand, and also cheap even with their lustre intact.

I dabble in crappy alloys from the 20th century. One of my side projects is to slowly buy up UNC examples of all of the alloy downgrades that happened in WWII. Examples are surprisingly popular/hard-to-find, so it's going slower than I originally thought it would. I'll take pictures of a few if I can get my camera working.

Here's a slabbed east german piece of aluminum:

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

Shampoo posted:

Someone in my wife's family a while back was into coin collecting. The coins (and paper money) made it to my Father In Law, and then me. There doesn't really seem to be a theme to them, but there is a lot of pre-war, WWII and immediate post-war coins and bills.

No scanner right now, and any photos of the coins I took looks like they were taken with a potato, so it's just the bills for now.

Here's what I was given. All the coins are in little sleeves and I have no idea if that's the best way to store them. Probably not?


Sleeves are good. The only thing to watch out for with sleeves is plastic made of PVC. In the 50s-80s, there were a lot of coins stored in PVC containing plastic (even from the mint) that eventually damage the coins. Ideally the sleeves aren't stuffed into a box like you have in the photo, but I've seen worse. WWI and WWII stuff can range from being a dime a dozen to highly collectible. I have been collecting some WWI and WWII coins as a side project, but don't have too many yet.

The last two photos are of German paper notgeld. It's WWI era issued local german currency. There was a lack of money ~1920 in Germany in WWI and principalities started making their own currency. There are hundreds of different bills and coins from that era. Lots of beautiful colorful bills that would be fun for someone to collect. Most paper notgeld is worth about a dollar each, but the rarer ones can be worth considerably more. There is a whole subset of collectors that just collect that stuff because there is such a large variety of that stuff out there.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

DominusDeus posted:

My second Finnish 50 Markkaa came in.



That toning, though... If it had no design on it, it'd say those were photos of planets.

I like moderns without raised rims/denticles. I like how they were very sparse with the text as well.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.
I got a few German States minor coins in today. Here are a few of the more photogenic ones. They are all small, smaller than a lincoln cent. That's why the designs are so simple.

1789 Lubeck 1 Schilling


1851 Hamburg Schilling. I really like the copper streaks in the planchet on this one.


1828 Hamburg Schilling

Jimmy James fucked around with this message at 03:31 on Apr 24, 2015

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

Al Harrington posted:

the milk spotting is something to do with the alloy is my understanding and even on a slabbed piece they can show up later, it's really annoying

I sold a 96 ASE yesterday and the guy asked me if it had milk spots and I originally thought it didn't but then I saw a couple and told him and he said that's ok they pretty much all do

:-S

I thought it was a planchet preparation thing.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

Planeshifter2 posted:

I found what appears to be an error coin in my change today

I didn't know Connecticut existed in 9 AD.

That looks like a grease filled die error. I don't know if they're worth much, but I imagine that's one of the cooler ones.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

Super Waffle posted:

So I have a general question; would you guys consider your silver/gold purchases a hobby or do you count them as savings?

I am always reluctant to refer to silver/gold stacking as an investment. As an investment, it's a hedge against the market at best. From that point of view, you can have a couple percent of your net worth tied up in precious metals without necessarily being precious metal heavy. Once you get past that point it's more of a hobby.

Jimmy James fucked around with this message at 15:32 on Apr 9, 2017

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

meat police posted:

I saw her for sale on the US mint site for $1,600, still too rich for my blood.

Yeah. I'd never pay a 400 dollar premium for a contemporary mint product. I don't understand how they manage to sell all of this stuff.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.
This year marks my 5th year collecting coins, and I've definitely spread my wings in that time. In the past 6 months I've bought coins from sellers in France, Germany, Greece, Latvia, Slovakia, Slovenia, Spain,Estonia and Portugal. For the longest time I was worried about buying fakes. My friends have advised me to buy from former Soviet nation's with caution. I have enough experience now and a few references that allow me to avoid most fakes. And, frankly, fakes haven't ever been made for the vast majority of stuff I like. My mail man is probably getting sick of delivering registered intl. mail to me.

With all of this work assembling a collection, I've looked into the possibility of insuring what I have. I've learned a couple things. When a collection gets to the $10-25k range it usually becomes worthwhile to insure it. Renters and Homeowners insurance are horribly expensive and shouldn't be used for coins and bullion. Specialist (art and collectible) insurers like Hugh Wood Inc. are the way to go and cost approx. 10x less than a homeowners insurance place like Liberty Mutual

Jimmy James fucked around with this message at 18:42 on May 2, 2017

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

meat police posted:

Debating on grabbing a 10oz silver bar for fun, I love the way the RMC cast bars look.

Just don't pay premiums for bars. That poo poo is bonkers. It's crazy how much some vintage bars go for.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

meat police posted:

Where would you suggest someone to buy from? I avoid antique/art bars, talk about a meritless premium.

You may have more experience buying bullion than me. I'll usually check APMex prices and then use that as my ceiling price. I can often find better deals at local dealers, especially if prices are up. Smaller dealers are usually stingy about selling at a loss and increase their premiums when prices are down. When prices are down, I usually look for eBay or person-to-person deals, off of forums or at the local coin club.

For most things you should be able to cut down on your premiums as your purchase volume goes up. You should be able to get a 10 oz bar for less than you would pay for 10 - 1 oz rounds. You can often get rounds for .50-1.00 dollars over spot (less if buying from a person). I'd expect to be at the low end of that if buying a bar.

Jimmy James fucked around with this message at 03:36 on May 4, 2017

Jimmy James
Oct 1, 2004
The man so nice they named him twice.
Here are some bullion dealers from a PCGs forums list:
https://www.apmex.com
https://www.bgasc.com
https://www.dbscoins.com
https://www.gainesvillecoins.com
https://www.gaithersburgcoins.com
https://www.golddealer.com
https://www.goldeneaglecoin.com
https://www.goldmart.com
https://www.jmbullion.com
https://libertymetals.com/
https://www.moderncoinmart.com
https://www.monarchpreciousmetals.com
http://onlygold.com/
https://www.pandaamerica.com
https://www.providentmetals.com
http://qualitysilverbullion.com/
http://www.royalmint.com/
http://www.sbcgold.com/
http://www.silver.com/
http://www.silvertowne.com/
http://www.coin-rare.com/

Good for comparison shopping and deal hunting when pm swaps and eBay aren't working out.

Jimmy James fucked around with this message at 16:04 on May 8, 2017

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

meat police posted:

I'm probably going to unload 40 silver eagles to subsidize my other hobby, but not sure if FB selling is a good way to go about it.

Are you worried about getting the best price? I imagine FB, reddit, or any other location are pretty similar on price. Good dealer prices seem to be around 2.50 above spot right now. They seem to be selling pretty easily on /r/pmsforsale at 1.50-2.00 above spot.

Prices on these things are tight enough that the transaction costs themselves might be higher than the variability in price.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

ChocNitty posted:

A guy at the swap meet is selling morgans in pretty decent condition for $19 each. Should I buy them all up? Assuming most or all are last year ones.


Hows the outlook for silver as an investment?

$19 is not a good or bad price right now. I've seen some Morgan's offered at 15-17 dollars lately.

Precious metals aren't the best investment. Historically stocks and bonds perform better. Precious metals can be purchased as a small hedge against your equity holdings, but people rarely recommend doing that with more than 2-4% of your total investments. People usually just buy silver because the want to.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

Super Waffle posted:

When I was in the coin shop yesterday, an apparent regular came in and unloaded three tubes of silver eagles. I was pretty confused.

Depending on the person that might not be a lot of silver eagles. A guy in my coin club was buying several rolls per month for years.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

Super Waffle posted:

I found an awesome shop in Houston called the Houston Numismatic Exchange. Picked up a Barber quarter, Barber Half and a standing Liberty quarter for the collection.


I've had good luck finding collectible coins there since they mostly deal in bullion these days. It's still the only place I've seen selling laureate Napoleon 20 francs for 5-10% over BV. But I rarely go there. Screw trying to park in Rice Village.

I recommend checking out the local coin shows for collectible and bullion. I was able to get a set of the ~1960 Austrian 25 shilling & 50 shilling commemoratives for a little over spot at the Bellaire coin club show a few weeks back.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

erenoyo posted:

Any ideas on value for this thing? Google suggests like $2000 but that seems... Far fetched

https://imgur.com/gallery/wUXSCCJ

Closer to $500. If you can remove the jewelry mount and there is no visible damage from it, it could be 10-20% more than that. That being said, I don't think it would straight grade if you sent it in to be graded.

Jimmy James fucked around with this message at 03:28 on May 30, 2021

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Jimmy James
Oct 1, 2004
The man so nice they named him twice.

Grand Fromage posted:

What do you mean by get established? I don't have an ebay account and this isn't a thing I'm doing long term, I just have a pile of coins now and need to get them sold as quickly as possible so I can move back home. Given pandemic that isn't like, next week but I'd like to be done with it all within six months.

Basically what I got is:
Some paper money. I know it's all worth something but haven't checked it at all yet, just been doing a coin inventory.
A number of coins in the $1,000-5,000 range. Graded and in the sealed plastic things.
A bunch in the $1,000-$100 range. Graded and in the sealed plastic things.
God knows how many in the sub-$100 range. Proof sets mainly but also some just random poo poo in cardboard sleeves. Some graded, mostly not but they're sealed in their original plastic cases.
A whole pile of various forms of silver. Coins that are only worth the silver content, some bars, some weird giant coins where it's like 30 oz of silver struck into a big disc with a design, etc.

I'm not employed right now so I don't really have anything else to do but sell these. I'd like to get as much as I can for them, but also have a reliable consigner picked out for when I'm getting low on time and just need everything auctioned off at once.

I also have just like, a gold bar and not sure what the best way to sell that is. Can you sell straight up silver/gold for its current market price or do you have to go a few percent under?

Do not sell bullion on ebay if you can find other outlets.Their fees are just too high. I regularly sell bullion on Reddit for above spot price. Precious metals are hot right now. I sell there and on ebay regularly if you have questions.

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