Look to WAG Online Auctions for Classic and Modern Coinage

Over the years lots of people have asked me where they can find the coins they see in the various volumes and editions of the Standard Catalog of World Coins…

Over the years lots of people have asked me where they can find the coins they see in the various volumes and editions of the Standard Catalog of World Coins series. Oftentimes collectors look to only their closest or most familiar dealers for coins which are seldom handled by those folks, then give up. As collectors, we should all understand that the search is the challenge and knowing who is likely to have what we are looking for is the first step in finding what you want.

From the little German State of Hohenlohe-Waldenburg-Schillingfurst, a beautiful BU one year type Kreuzer from 1768.

WAG Online auction sales are a great source for a number of different types of coins. In particular, you will find any number of German States coins available through WAG, usually at prices in line with the SCWC values. For instance, in the WAG Online Auction 103 set to close on Nov. 10, there is a German States Hohenlohe-Waldenburg-Schillingfurst KM#45 Kreuzer of 1768 SNR. This example is BU and the opening bid is 50 euro or about $55. The current SCWC value, established in the seventh edition from 2016, is $85 in XF. So there you are, a one-year type from a limited family line of just a few issues, being offered in high grade at a reasonable price. WAG Online is always a great place to look for such items.

Olympic skating – This large Chinese 50 Yuan silver five-ounce Olympic commemorative was issued in 1990 for the 1992 16th Winter Olympic Games in Albertville. It normally sells for $500 or more, making the WAG opening bid of about $110 very attractive.

On the other end of the spectrum, I have had questions on where to find modern issue coinage. This can be troublesome, as many modern issues sell out quickly and are then difficult to find for years until a secondary market develops. Once a secondary market begins to evolve, collectors often must search a bit to find its center. Here again, it is knowing where to look that is the key.

Issued for the 50th Anniversary of the Founding of Tibet Autonomous Region, this 40mm silver crown has a mintage of 25,000 and is listed as KM#2247 in the as yet unpublished Standard Catalog of World Coins 2001-Date 14th edition.

Again, WAG Online auctions can provide some answers, as they often have small group lots of modern issue silver and copper-nickel types. You probably won’t find the expensive and innovative issues there, but you will see many traditional crown types from the Pacific and Asian nations. For instance, there are 20 lots of modern Chinese silver crowns in the current WAG Online Auction 103 set to close in about 24 days from the time of my writing this article. If you miss that one, just hop over to the WAG site at portal.wago-auktion.de to look over their future offerings, as WAG produces an online sale just about every month.