I miss my old office (in this video). Believe it or not, I lived in that space for about 2 months at one time; all I had was my sleeping bag, crockpot, and the space in my car for storing things. Good ol' days!
@saberone000 We have a dealer here in Rochester that also has a box of currency notes for $2 each. I found two 100-zloty (~$30 USD) notes and a 5,000 yen once going through them, but the dealer refused to sell them to me, saying another customer had placed them in there. If you're watching, shame on you. I learned to just casually buy these things when they come up and not make a lot of noise in the shop.
Update: the old Polish Zlotys before 1990 are no longer exchangeable at the 10,000:1 ratio. Kind of a bummer because in the past you could buy 1 million zloty notes quite often for $5 or less each. I still scored a cheap trip to Poland doing that a while back.
Ten years ago, finding world coin "steals" at coin shows, and on Ebay, was quite common. It seems the dealers (here in the USA) have kind of figured this out, and are now a LITTLE more aware of foreign coin values...BUT you can STILL find really nice deals at shows!
I collect South Korean coins. Check out my videos of my coin albums sometime...
I do the same thing and have been for years! I have accumulated over 100 Swiss Francs in this manner, though I just agreed to sell most of them. Same with Aussie and NZ dollars. Canadian dollars are rare because, like the Euro, most dealers know them well.
@TheBullionBull Great! Swiss Francs are indeed easier to find than most others.
You'd be surprised at the Canadian dollars. I've bought them at 1:2 (1 US dollar for 2 Canadian dollars), especially for the loonies and toonies, as most dealers don't have any other way of disposing of them, short of going to Canada. Just say you're traveling to Canada and would buy any and all of their coins at this rate.
Other good finds include the Polish Zloty, Japanese Yen, and German Mark.
You're the best guide to the poor man investments in commodities! But, it's difficult to identify the silver foreign coins! Do you know about a list with images of foreign silver coins? Thanks!
@Musenge If you can't tell silver from base metals, you need to get out of coins. The reason silver is money is that it's difficult to counterfeit. Even the Chinese fake silver doesn't fool me.
Among other things, the ping test (drop it on a hard object), as well as silver being a great heat conductor (dip it in hot water and the entire piece becomes hot), are the best tests.
You may have to ask. Most dealers don't proudly display these coins, as they don't make them a lot of money. Try to explain what you're doing and if you see a lot of coins of interest, ask for their bulk prices (preferably by the pound).
The 5, 2, and 1 CHF coins before 1967, as well as 5 CHF in 1969, are sterling silver. If I remember correctly, the 5 franc has little over 5 franc worth of silver, making it a strong investment with low downside risk. The 1 and 2 CHF have somewhat more than 1 and 2 CHF in silver.
As for the german coins: they have to be 1948 - today if you want to change them into euros! There's a difference between the "new" and "old" one's, which probably makes it easier to identify the "wanted one's": pre 1948 = "REICHSMARK", 1948 - they introduced the euro = "D-MARK" or just "MARK".
Right. Technically, the 1951 2-mark (slightly smaller than the more modern 2 mark coins), are not legal tender, but due to rarity are worth quite a bit more. I actually found one of these while offering to buy junk German coins on Craigslist. It was a nice bonus.
D:
drlrlr 5 days ago
You're working on your Ph.d? How old are you btw and what professional field are you in, if you don't mind me asking?
AsianBoy13579 2 months ago
I miss my old office (in this video). Believe it or not, I lived in that space for about 2 months at one time; all I had was my sleeping bag, crockpot, and the space in my car for storing things. Good ol' days!
FortNikitaBullion 2 months ago
i checked my dealers box and found two silver mexican 1937 10 centavous coins the look on his face was pricless
saberone000 2 months ago
@saberone000 We have a dealer here in Rochester that also has a box of currency notes for $2 each. I found two 100-zloty (~$30 USD) notes and a 5,000 yen once going through them, but the dealer refused to sell them to me, saying another customer had placed them in there. If you're watching, shame on you. I learned to just casually buy these things when they come up and not make a lot of noise in the shop.
FortNikitaBullion 2 months ago
foreign coins are worthless.
TheHotRod1961 7 months ago
@TheHotRod1961 Some foreign coins are worth thousands and thousands. There are coin dealers all over the world.
QUINTUSMAXIMUS 1 month ago
verry informative thanks!!!!
scrapdaddy811 9 months ago
Update: the old Polish Zlotys before 1990 are no longer exchangeable at the 10,000:1 ratio. Kind of a bummer because in the past you could buy 1 million zloty notes quite often for $5 or less each. I still scored a cheap trip to Poland doing that a while back.
FortNikitaBullion 11 months ago
Ten years ago, finding world coin "steals" at coin shows, and on Ebay, was quite common. It seems the dealers (here in the USA) have kind of figured this out, and are now a LITTLE more aware of foreign coin values...BUT you can STILL find really nice deals at shows!
I collect South Korean coins. Check out my videos of my coin albums sometime...
mlovmo 1 year ago
This has been flagged as spam show
stockniche(dot)com
Great WEBSITE that teaches you how to INVEST, helped me a lot.
grunge65432 1 year ago
I do the same thing and have been for years! I have accumulated over 100 Swiss Francs in this manner, though I just agreed to sell most of them. Same with Aussie and NZ dollars. Canadian dollars are rare because, like the Euro, most dealers know them well.
TheBullionBull 1 year ago
@TheBullionBull Great! Swiss Francs are indeed easier to find than most others.
You'd be surprised at the Canadian dollars. I've bought them at 1:2 (1 US dollar for 2 Canadian dollars), especially for the loonies and toonies, as most dealers don't have any other way of disposing of them, short of going to Canada. Just say you're traveling to Canada and would buy any and all of their coins at this rate.
Other good finds include the Polish Zloty, Japanese Yen, and German Mark.
FortNikitaBullion 1 year ago
You're the best guide to the poor man investments in commodities! But, it's difficult to identify the silver foreign coins! Do you know about a list with images of foreign silver coins? Thanks!
Musenge 1 year ago
@Musenge If you can't tell silver from base metals, you need to get out of coins. The reason silver is money is that it's difficult to counterfeit. Even the Chinese fake silver doesn't fool me.
Among other things, the ping test (drop it on a hard object), as well as silver being a great heat conductor (dip it in hot water and the entire piece becomes hot), are the best tests.
FortNikitaBullion 1 year ago
So I should just ask for "Junk Foriegn Coins?"
kitycalifornia 2 years ago
You may have to ask. Most dealers don't proudly display these coins, as they don't make them a lot of money. Try to explain what you're doing and if you see a lot of coins of interest, ask for their bulk prices (preferably by the pound).
FortNikitaBullion 2 years ago
How much silver is in the 5, 2, 1 franc Swiss coins?
JOConnor100 2 years ago
The 5, 2, and 1 CHF coins before 1967, as well as 5 CHF in 1969, are sterling silver. If I remember correctly, the 5 franc has little over 5 franc worth of silver, making it a strong investment with low downside risk. The 1 and 2 CHF have somewhat more than 1 and 2 CHF in silver.
FortNikitaBullion 2 years ago
As for the german coins: they have to be 1948 - today if you want to change them into euros! There's a difference between the "new" and "old" one's, which probably makes it easier to identify the "wanted one's": pre 1948 = "REICHSMARK", 1948 - they introduced the euro = "D-MARK" or just "MARK".
Once again: good work + greets from Germany!
VKing23 2 years ago
Right. Technically, the 1951 2-mark (slightly smaller than the more modern 2 mark coins), are not legal tender, but due to rarity are worth quite a bit more. I actually found one of these while offering to buy junk German coins on Craigslist. It was a nice bonus.
FortNikitaBullion 2 years ago
You sir have earned yourself a subscription.....outstanding videos! Thanks so much, please keep them coming.
blackesteyes13 2 years ago
great vid
feegeit 2 years ago