Author Topic: Dumb question about European coins (before the euro)  (Read 13698 times)

Nords

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Dumb question about European coins (before the euro)
« on: April 01, 2014, 05:44:08 PM »
Our daughter is graduating from college next month and starting the "see the world" phase of her five-year Navy ROTC payback. 

Part of her military benefits is a shipment of her personal property from her home of record (here on Oahu) to wherever she ends up for her next duty station.  (She'll have orders sometime this month.)  My spouse has been busily empty-nesting our house-- she's really enjoying this packout because she's cleaning out at least two rooms of furniture as well as half the kitchen, and she won't have to unpack it at the other end.

As part of our property review, we've found several European coins that we probably picked up on our own liberty runs in the 1970s-80s.  I suspect their total retail value is probably about a nickel, but I'd be pissed off if I ever saw any of them on the numismatic version of Antiques Roadshow-- or if they're made of silver that's worth a dime.  I also realize that some of these countries have converted to the euro, so these coins may only have collectible or sentimental value.

Here's the list:
Danish 10-krone coin (1970) and 1-krone coin (1963)
Belgian franc (1972)
French franc (1970)
Luxembourg 5-franc (1962) and 1-franc coin (1965)

Are these coins worth anything to collectors or metals buyers?  Is it worth giving them to our daughter for a prospective Mediterranean deployment?  Or should I just pitch them in the recycle bin?

Some of you of a certain age may remember the old General Mills "coins of the world" giveaways in Wheaties cereal boxes.  (The coins came in little plastic envelopes with data about their country of origin.)  My grandfather collected those (1950s?  1960s?)  and now I'm the third generation to hoard them.  Before I dump them on the next generation, has anyone found any value in them?  eBay says they're not worth the effort, but again I'd hate to toss out a valuable coin or metal.

secondcor521

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Re: Dumb question about European coins (before the euro)
« Reply #1 on: April 01, 2014, 07:21:15 PM »
Were I in your shoes, I'd ask around for a trustworthy coin dealer and ask them for an insurance appraisal.  Or there are books at the library for that sort of thing where you can look up coins.  Heck, maybe there are resources out there on the Interwebs these days, I dunno.

wild wendella

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Re: Dumb question about European coins (before the euro)
« Reply #2 on: April 01, 2014, 07:43:14 PM »
... and if a coin dealer says they aren't in fact worth much, just post an add on craig's list for them.  Or give them away as a gift to someone who has a coin collection.  I recently started collecting currency when I visited other countries.  And then I started asking other people to bring me currency when they visited other places.  You probably unknowingly have a friend or neighbor like me who would appreciate these coins.  Definitely do not just recycle them. 

Argyle

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Re: Dumb question about European coins (before the euro)
« Reply #3 on: April 01, 2014, 09:24:30 PM »
No, they're not worth anything, just trivial souvenir value.  Half the people in Europe have one or more of them sitting in the back of a dresser drawer.

Ayanka

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Re: Dumb question about European coins (before the euro)
« Reply #4 on: April 02, 2014, 01:27:34 AM »
For the French Frank, the Belgian Frank and the Luxembourg Frank they are worthless. The prices pre-euro would convert to less than 25 eurocent nowadays. There are no pricey metals in them simply because the value is pretty much nothing. I would keep them if you want to wait for the historical value to raise or as a memory. Don't bother to get value out of them if you have to ship them or something, it will not be the effort.

Libber

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Re: Dumb question about European coins (before the euro)
« Reply #5 on: April 02, 2014, 02:06:10 AM »
I'm a bit unsure on the 1 kroner coin - Check this site out and compare the coins shown there for the ones you have: http://carnercoins.com/shop/danske-5-kroner-122c2.html
I'm pretty sure the 10 kroner coin isn't worth more than 4-5 $ and it may not even be worth that.

« Last Edit: April 02, 2014, 02:14:31 AM by Libber »

Nords

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Re: Dumb question about European coins (before the euro)
« Reply #6 on: April 02, 2014, 01:05:39 PM »
No, they're not worth anything, just trivial souvenir value.  Half the people in Europe have one or more of them sitting in the back of a dresser drawer.
Yeah, that's what I suspected.

For the French Frank, the Belgian Frank and the Luxembourg Frank they are worthless. The prices pre-euro would convert to less than 25 eurocent nowadays. There are no pricey metals in them simply because the value is pretty much nothing. I would keep them if you want to wait for the historical value to raise or as a memory. Don't bother to get value out of them if you have to ship them or something, it will not be the effort.
I'm a bit unsure on the 1 kroner coin - Check this site out and compare the coins shown there for the ones you have: http://carnercoins.com/shop/danske-5-kroner-122c2.html
I'm pretty sure the 10 kroner coin isn't worth more than 4-5 $ and it may not even be worth that.
Thanks-- especially for your on-scene perspective! 

I checked the coin sites and eBay and, sure enough, they're not worth anything.  Same for the Wheaties international coins.

It's all going in the Goodwill pile.

Nords

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Re: Dumb question about European coins (before the euro)
« Reply #7 on: April 06, 2014, 12:28:30 AM »
It's all going in the Goodwill pile.
... and sold to the highest bidder!  Well, all right, the only bidder-- they contacted me offline. 

We agreed to a price of postage plus about a buck.  I think we each feel as if we got the better part of the deal...

Workinghard

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Re: Dumb question about European coins (before the euro)
« Reply #8 on: April 06, 2014, 05:06:20 AM »
It's all going in the Goodwill pile.
... and sold to the highest bidder!  Well, all right, the only bidder-- they contacted me offline. 

We agreed to a price of postage plus about a buck. I think we each feel as if we got the better part of the deal...
[/b]

Best deal ever.

Familjen Fri

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Re: Dumb question about European coins (before the euro)
« Reply #9 on: April 08, 2014, 02:05:33 AM »
Hello,
I'm a serious european coin collector. I will pay you one million dollars + postage for your coins!

EDIT: Oh, you've already sold them.

fixer-upper

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Re: Dumb question about European coins (before the euro)
« Reply #10 on: April 08, 2014, 02:13:03 AM »
Searching completed sales on eBay is a good way to see if you have something valuable.