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Post By CC-Hunter
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Jan 07, 2013, 05:15 PM
#1
Fun with reject coins
Was dumping halves on Saturday and found a few foreign coins. During the bag change, I saw a pile of coins attached to a magnet. Teller said I could have them. Scored a 1943s steel cent and a bunch of foreign. See below.
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Jan 08, 2013, 12:00 AM
#2
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Jan 08, 2013, 05:08 AM
#3
Nothing seems particularly valuable in the foreign.
1/100 of an American dollar is a cent. It is NOT a penny. The word penny is used by several other countries, such as Great Britain, to denote their smallest denomination. In order to be numismatically correct, you must use the term cent to describe the American coin.
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Jan 08, 2013, 11:58 AM
#4
I agree Sag. I haven't checked all the coins out, but mainly my bags of Canadian and Euro currency just got a little bigger. Total haul from this bank visit was as follows (all coins were fairly modern except for the steel cent):
US '43s steel cent
Canadian quarter x9
Canadian dime x4
Canadian one cent
UK 5 pence
UK 1 penny
Euro 2 cents x8
Euro 5 cents x7
Euro 1 cent x5
Mexican 5 pesos
Mexican 1 peso x4
5 "Kuna"
Namibia 5c
Czech 2Kc
El Salvador 25 cent. x2
Brazil 10 centavos
[A few other foreign coins I haven't identified yet]
One US clad state quarter - not sure why it stuck to the magnet
This was good for entertainment in the absence of silver (in the reject tray or in the box of halves I just searched)
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Jan 08, 2013, 04:33 PM
#5
 Originally Posted by CC-Hunter
I agree Sag. I haven't checked all the coins out, but mainly my bags of Canadian and Euro currency just got a little bigger. Total haul from this bank visit was as follows (all coins were fairly modern except for the steel cent):
US '43s steel cent
Canadian quarter x9
Canadian dime x4
Canadian one cent
UK 5 pence
UK 1 penny
Euro 2 cents x8
Euro 5 cents x7
Euro 1 cent x5
Mexican 5 pesos
Mexican 1 peso x4
5 "Kuna"
Namibia 5c
Czech 2Kc
El Salvador 25 cent. x2
Brazil 10 centavos
[A few other foreign coins I haven't identified yet]
One US clad state quarter - not sure why it stuck to the magnet
This was good for entertainment in the absence of silver (in the reject tray or in the box of halves I just searched)
Post the ones you didn't identify yet, and I will gladly ID them for you. The lion coin is an Ethiopian coin. The 5 kuna is Croatian. Check the clad quarter at home if it sticks. It could have just lodged in the middle of two coins that were magnetic.
1/100 of an American dollar is a cent. It is NOT a penny. The word penny is used by several other countries, such as Great Britain, to denote their smallest denomination. In order to be numismatically correct, you must use the term cent to describe the American coin.
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Jan 08, 2013, 09:39 PM
#6
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Jan 09, 2013, 08:19 PM
#7
2005 Chinese 1 jiao
Ethiopia 50 cents
200? Ukraine 1 kopiyka
Thailand 2 baht
I can't tell the dates because the pictures are too fuzzy, but the 2 baht seems like post-2009.
Last edited by sagittarius98; Jan 10, 2013 at 04:15 PM.
1/100 of an American dollar is a cent. It is NOT a penny. The word penny is used by several other countries, such as Great Britain, to denote their smallest denomination. In order to be numismatically correct, you must use the term cent to describe the American coin.
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Jan 09, 2013, 08:25 PM
#8
 Originally Posted by CC-Hunter
Was dumping halves on Saturday and found a few foreign coins. During the bag change, I saw a pile of coins attached to a magnet. Teller said I could have them. Scored a 1943s steel cent and a bunch of foreign. See below.
If you save up the foreign, your LCS might pay you per pound... mine pays 10$ makes for a nice silver quarter and a dime or two
All that is gold does not glitter, not all those who wander are lost
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Jan 10, 2013, 05:02 AM
#9
 Originally Posted by eolson3
If you save up the foreign, your LCS might pay you per pound... mine pays 10$ makes for a nice silver quarter and a dime or two
My LCS sells them for $8 a pound. I buy those occasionally, and if you buy in bulk like 8 pounds, the price drops to $6/lb. I did not get any silver this time (got a couple before). However, I found a Romanian 10 bani which is worth $80, so that covered the price (I got it as a birthday present, so I didn't pay anything).
1/100 of an American dollar is a cent. It is NOT a penny. The word penny is used by several other countries, such as Great Britain, to denote their smallest denomination. In order to be numismatically correct, you must use the term cent to describe the American coin.
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Jan 10, 2013, 07:30 AM
#10
 Originally Posted by sagittarius98
My LCS sells them for $8 a pound. I buy those occasionally, and if you buy in bulk like 8 pounds, the price drops to $6/lb. I did not get any silver this time (got a couple before). However, I found a Romanian 10 bani which is worth $80, so that covered the price (I got it as a birthday present, so I didn't pay anything).
Interesting idea. Sounds like I need to stop in my LCS and see what they have. Thanks.
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Jan 10, 2013, 04:14 PM
#11
 Originally Posted by FloridaFinder
Interesting idea. Sounds like I need to stop in my LCS and see what they have. Thanks.
Most LCS have a bin, where it's like $0.25/coin, $10/pound.
1/100 of an American dollar is a cent. It is NOT a penny. The word penny is used by several other countries, such as Great Britain, to denote their smallest denomination. In order to be numismatically correct, you must use the term cent to describe the American coin.
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Jan 11, 2013, 11:18 AM
#12
I am new to this, so I have to ask, what is "LCS"?
Smitty
I work with people everyday who validate the Peter Principle!
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Jan 11, 2013, 11:23 AM
#13
 Originally Posted by EODsmitty
I am new to this, so I have to ask, what is "LCS"?
Local Coin Shop
Rascal
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Jan 11, 2013, 11:56 AM
#14
Or better yet if you have an Ebay account, weight them and sell them on Ebay. Someone will buy them as coins for their kids or grandkids. I use to do that same thing when my neice came over and she wanted to go through Auntie's coin collection. I handmade her a little plastic canvas treasure chest and put all her coins in it. Would take her with me to the LCS while I was buying silver and she would go through the rummage bins.
Hugs and Smiles, Garoulady
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Jan 13, 2013, 06:04 AM
#15
 Originally Posted by GarouLady
Or better yet if you have an Ebay account, weight them and sell them on Ebay. Someone will buy them as coins for their kids or grandkids. I use to do that same thing when my neice came over and she wanted to go through Auntie's coin collection. I handmade her a little plastic canvas treasure chest and put all her coins in it. Would take her with me to the LCS while I was buying silver and she would go through the rummage bins.
Hugs and Smiles, Garoulady
But you have to pay eBay fees.
1/100 of an American dollar is a cent. It is NOT a penny. The word penny is used by several other countries, such as Great Britain, to denote their smallest denomination. In order to be numismatically correct, you must use the term cent to describe the American coin.
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