my coins

peter bermingham

hi all i have 80 two euro coins with the book on them and 22 stickman 17 millennium 1 pound coins a 50 pound note date 99 a 5 pound note date 56 a fiver date 99 and three pound notes i know the fifty is worth a few pound what ye all think about the coins is it worth my while to be collecting them thanks for looking

Grey_Goose

Hello Peter:)
Sorry I know very little. Do you think your 2/Euro Coin Collection with the Book would suggest that they may only be worth there value for the moment. Forgive my ignorance. Does the fact that they have the Book symbol indicate they are limited edition? Is your 1956 £5 Note Irish Pound? I would feel any collection in the Euro Currency is worthwhile to collect as they will always hold there current value if you can afford to keep them.
Regards P

peter bermingham

Grey_Goose wrote: »

Hello Peter:)
Sorry I know very little. Do you think your 2/Euro Coin Collection with the Book would suggest that they may only be worth there value for the moment. Forgive my ignorance. Does the fact that they have the Book symbol indicate they are limited edition? Is your 1956 £5 Note Irish Pound? I would feel any collection in the Euro Currency is worthwhile to collect as they will always hold there current value if you can afford to keep them.
Regards P

ya i know what your saying sure ill hold on to them and see in a few years yes the 1956 fiver is irish all the notes i mentioned are irish thanks for your reply

Anthony O Brien

Value of the notes depends on the condition
the £50 is worth €70-€120
56 £5 €10-€30
99 £5 is worth about €10
stick some photos up here for more exact values

Blade

Commemorative one year Irish coins are not the ones to be putting aside, because people who aren't coin collectors think these are the ones to keep so you end up with buckets of them on the market. Of decimal coins all you ever see is people trying to sell off millennium coins in their hundreds, where had they for example just kept uncirculated 1974 50p pieces they'd be making a fortune on them. It's low mintage coins you want to put aside and they'd want to be uncirculated or at least almost unc.

Blade

Grey_Goose wrote: »

Does the fact that they have the Book symbol indicate they are limited edition?

The layman's answer to this question would be "yes", however the numismatic answer is no. The term "limited edition" should not be used to describe circulating commemorative coins or any other coin that's found in circulation, because every single coin of every single year is technically limited edition/mintage. The question is "limited to what?". For example in the case of the "book" coin dated 2007 and the "stickman" dated 2009, both of these coins had a much higher mintage than their respective normal harp issue, so if you should be putting anything aside it's the 2007/2009 normal harp issues, not the commemorative ones.

The term "limited edition" is generally used only to describe officially packaged coins and sets from the central bank.

Grey_Goose

Thanks this is a helpful insight. In my younger days the only coins I collected were Sterling Pennies and some Irish just as a hobby.

Is almost unciurculated open to interpretation?

Blade

Grey_Goose wrote: »

Is almost unciurculated open to interpretation?

People grade coins differently, one man's VF (very fine) is another man's XF (extra fine). At the end of the day it's down to the buyer to judge the grade for themselves and the nicer the coin is the more money it can command. You can't just label a coin aUNC (almost uncirculated) and set an exact price on it, as there are varying degrees even within that category. aUNC would be a coin that would only have changed hands a couple of times, with minimal light bag marks and full original lustre (shine) if it's a new coin. Natural toning is accepted on older coins and doesn't affect the grade but does lower the value.

batari

Hi, don't want to be hijacking the thread, Mods please delete if it is:

Found a bag the other day with the following in it:

25 x 1992 5p coins
39 x 1993 5p coins
17 x 1994 5p coins
4 x 1995 5p coins
95 x 1996 5p coins
4 x 1998 5p coins
1 x 1995 10p coin

All Irish. Would these be of any worth to a collector before I take the lot to the Central Bank? Thanx.

Blade

batari wrote: »

Would these be of any worth to a collector before I take the lot to the Central Bank? Thanx.

No, but they need to be bagged in certain amounts of the same denomination before you can take them to the CB, I think it's 100x5p. Best just sell them to a collector for face value or a little over it.

batari

Thanx Blade, any collectors in the Kildare area, Pm me!:)