Helping other forum members with new coins issued at face value

[izotz]

I want to suggest something about the ring. I know that it is not so simple as I write it here, but it is just an example so that we can get the idea.

On one hand, let's say that chrisild wants the Spanish 2011 CC issue and I want the German one. We can set a 1:1 swap. But if we do not put more coins into the swap, it would be more expensive for me than buying it in the coin fair. If we are 13 members in the ring, it would be funny, but very tiring and expensive that everybody sends 12 packages to the other partners

On the other hand, let's say that we all want 2 pieces (or 4 or whatever) for each coin. We could all send a roll (or two) to the same member. He would receive the 12 rolls, and send 13 pairs or coins back to all the members. I suppose he should receive a compensation for his time and the envelopes. For example, he could keep the remaining 25th coin. Everybody should pay him the shipping expenses for the package he sends back (by a bank transfer or coins). These expenses is something that he wouldn't need to pay for.

It would be desirable that this member has some spare time for this, and the shipping expenses in his country are not too high.

I have some other ideas for the 2.0 version of the ring  but this would be enough by now.

I know this is an ambitious idea, but I wanted to share it with you.

Edit : all 2011 Spanish coins have been issued, but 2€ (normal) one.

[Figleaf]

The idea is just fine, but I think it works best for common issues (issued in all member countries) and collections by year. Any volunteers?

• How would it work for issues peculiar to one country? Say that in year x, ten countries offer a new deuro, one offers a new deuro with five different mintmarks some people want and others don't and the rest doesn't issue a new coin?
• How would it work when coins are not issued in rolls, but are mixed in with older coins, so that a roll may or may not contain the new coin?
• How would it work for people not in Euroland?

Peter

[izotz]

You can build such a scenario as complicated as you want. The more complicated, the harder to make it work. We could begin with a simple one, and extend it later to a "2.0" version. Or check how can we solve certain difficulties, like the "delivery member" I mentioned.

If you only think about 2012 common issue it should be possible. If you only think about the countries that actually issue the CC for that year (and members from these countries), it would do too. If you admit that some members may not have any CC issued in his/her country but they will still receive the coins, it is ok for me.

Regarding mintmarks, it is quite likely that (for example) chrisild gets only one. You miss four but on the other hand, at least you are getting one mint plus other countries. chrisild would not be obliged to provide the five.

Sometimes coins come in bags. That is not a problem. I suggested rolls because it is always easier for me to ship one roll than 24 coins. The problem comes when coins are not issued at face (Luxembourg or Malta EMU). As Bimat said, I can't ask anybody to send Slovenia ToR at face. You can retire from the swap, find a fair ratio, find a fair compensation or whatever.

But we can always focus on the simple scenario at first.

Regarding people not in Euroland, again, we can :
- leave it for "Ring 2.0"
- include them at other ratio. For example (just guessing) Poland 2 zloty coin (x3) for 2 euro coin (x1)
- again, admit that there will be some people that will receive coins but they will only send some cash.

As I said, it is just an idea. I like it, but I am aware of the difficulties it would take.

[izotz]

By the way, collections by year may be even more difficult. I suppose you refer to circulation sets. For example, Spain may issue 8 values + CC. Portugal, issued 7? in 2009 and 6? in 2008. Slovenia... I can't remember how many, but they were very few.

I mean that we could give it a try with a simple version before we need a full accounting.

[Figleaf]

OK, I'll participate in 2012. Just give me clear instructions and I'll do my best.

Do keep in mind that the only way for me to get a decent quantity is to order a pack. Rolls are not the answer, because they are mixed and expensive. For the Erasmus coin, the minimum order was 1000 pieces. That's an investment of €2000...

Peter

[Bimat]

Rolls are not the answer, because they are mixed and expensive. For the Erasmus coin, the minimum order was 1000 pieces. That's an investment of €2000...

Most of the countries do not issue mixed rolls. The only exceptions are : NL (2011), FI (2004).

And the bag of 1000 Erasmus coins..it was made available only to registered dealers, not to everyone. KNM has strange policies..

Aditya

[gaf]

I also have some €2 commemorative coin Italy 2011 from roll.
If you are interested please contact me.
gaf

[Figleaf]

Thanks very much gaf. We made a deal. I hope others will grab the opportunity also. You can't lose...

Peter

[Figleaf]

Just took the last Italian coins off my want list. Thanks gaf!

Peter

[gaf]

Thanks to you Peter,
you are truly generous.
gaf

[Bimat]

A Spanish friend of mine posted this idea on another forum, but I think it's worth mentioning here. It applies only to the common 2012 issue (10 years of euro cash, referred to as 10Y hereon ).

A Dutch collector will send 17 pieces (17 countries will be issuing the commemorative, not considering the German mint mark varieties) of 10Y to the Spanish collector. Belgian, Italian, French etc will follow the same procedure: they will send 17 pieces of their home country to Spanish collector. When the Spanish collector has received letters from all the countries (all the countries may not issue them at same time), he will send 17 different 10Y commemorative coins from 17 countries to all those who sent him 17 coins of their own country.

Definitely sounds good, but someone will have to take initiative to pack all the coins and send them. It's just another version of izotz's idea.

Another factor that may affect the trade is shipping costs. Some countries (Slovenia, Greece for example) have reasonable postage costs, some do not (Netherlands, France for example). So it's better if someone from Slovenia or Greece takes the initiative and sends letter to all..

Another problem WoC may face is that we don't have traders from all € using countries..but solution(s) are always possible..

What do other members think?

Aditya

[chrisild]

Of course I will want all 17 issues but I see the same problems that you mentioned: First, our members do not "cover" all euro area member states. Second, even though the official date of issue is 1 (or 2?) January, the coins will become available on different dates in different countries.

I think that, when the time is "ripe", we should simply offer the pieces that we can get locally (preferably at face), and ask for the ones that we want. So I may post an offer regarding the German piece, Peter may offer the Dutch piece, and so on. Then the others can decide what they want - maybe the "Bavaria" €2 commem from the German States series too, maybe two coins from NL, etc.

One German forum that I am a member of has a "node" system mostly for non-euro coins: Some member says, I can get this coin, maybe x pieces max, at that price. Then people can say how many they want (typically one or two), and unless specified otherwise, the coins from that "campaign" will all be shipped to the member who works as the node. After a couple of such "campaigns", this person then distributes the coins. Quite a bit of work, but less expensive in terms of shipping than having to pay postage for each and every piece. Would be too complicated and costly however to set up something like that in an international forum, I think.

Christian

[gerard974]

Hi all,
I really appreciate the initiative taken by Christian..But what about collectors (like me) outside Europe or Eurozone? Here in India,commemorative Euro coins are rarely found,and they are sold for very high price,for example,the Spanish 2 Euro Don Quizote commemorative is sold for about 300 Indian Rupees,which is double of face value.That is the reason why I haven't got a single Rome treaty commemorative coin for my collection  Even the 1 Euro coins are sold for 95INR (Face value: 65-70 INR) for used condition and 110-120 INR for UNC I really hate this! Any solution for this problem?

Aditya

Hello Adithya how do you do
I have finded one 2 euros coin from Cyprus,are you intersted ?If yes i keep for you
best regards  Gerard

[mr_osobuko]

Hi all,

I'm from Spain and I'm interested in euro coins from other countries. How is the collector rings working? How do interchanges work? I'm going to the BdE office on Monday so I hope to have the opportunity to get 2€ coins...

[Figleaf]

Hello Mr_O. The rings works exceptionally simple. If you want a newly issued coin, contact a member of the ring and work out a deal. That's all.

Trades are more or less the same, except that you don't have a fixed counterparty. I suggest that you publish (part of) your want list on the "Wanted" board in the thread "Euro coins wanted". Think of what you want to send in return in advance. If the answer is "cash only", it is not a trade but a sale. Spanish coins only will limit your possibilities to make a deal.

Peter