How to invest in foreign coins

We illustrate what coins to look for in junk foreign coin boxes at coin dealers, and the foreign currency trends.

Category:

News & Politics

Tags:

• foreign
• money
• currency
• coin
• coins
• bullion
• invest
• investment

[FortNikitaBullion]

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]

i checked my dealers box and found two silver mexican 1937 10 centavous coins the look on his face was pricless

[FortNikitaBullion]

@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]

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.

[Musenge]

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!

[FortNikitaBullion]

@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.

[drlrlr]

D:

[QUINTUSMAXIMUS]

@TheHotRod1961 Some foreign coins are worth thousands and thousands. There are coin dealers all over the world.

[AsianBoy13579]

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?

[TheHotRod1961]

foreign coins are worthless.

[scrapdaddy811]

verry informative thanks!!!!

[mlovmo]

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...