Irish Coins...a bull market?

coinkat

I really do not follow Irish coins much... has there been any renewed interest in these coins? Have prices/demand increased over the past 2-3 years? Any thoughts?

MSD61

<< <i>I really do not follow Irish coins much... has there been any renewed interest in these coins? Have prices/demand increased over the past 2-3 years? Any thoughts? >>



In my opinion it depends on the coin. Quality older pieces will always command a premium as well as nice modern coins. One coin that seems to be enjoying the boom is the 1966 Easter Rising silver commemorative 10 shilling. Then there are always the more rarer coins with low mintages. Date and types sets do well also.

coinkat

Perhaps there is more interest in that issue... I remember in the mid 80's those were in the $4-7 range in unc. What do they fetch now?

lordmarcovan

From what I've seen, the Irish predecimal stuff is healthy.

Coulport

I was totally amazed at what R/B and red farthings brought, the majority returning to Ireland.

lordmarcovan

I'm not at all amazed at what RD and RB farthings might fetch, considering their low mintages. Krause has them so undervalued, it's no wonder they're goin' home to Ireland.

I haven't gotten a Seaby/Spink Scotland/Ireland book yet. One of these days. To tell you the truth, I'm a little afraid to- it could suck me into some of the stuff I can ill afford to collect!

MSD61

<< <i>Perhaps there is more interest in that issue... I remember in the mid 80's those were in the $4-7 range in unc. What do they fetch now? >>



If you're sepaking about the 10 shillings Krause has them under valued at $15 BU. They've been fetching any where from $20-$40 for a single coin and from $50- $90 for the two coin sets. Single proofs have been up there as well with the double coin proof sets going for about $100. I just saw a double 10 shilling set, BU on ebay end at $150.00.

Predecimal Low mintage year coins have been doing very well.

coinkat

I have a feeling that perhaps the 1966 10 Shilling did not fare well in connection with the silver spike in the 1979-80 time frame. I have no personal knowledge of this, but when silver hit around $50/oz., some were probably melted... perhaps they are not as common now as once thought...

cladking

This coin was considered common in those days, but it was not the type to actually get a lot
of melting. The main reason being that it wasn't really very common. I've always suspected
that a lot of these were retained in the country of origin. Perhaps in Ireland they were melted.

MSD61

The Irish 10 shilling coin was not popular with the general Irish population. 2 million of these coins were produce and about 1 1/4 million were subsequently melted by the Irish government.

MacCrimmon

<< <i>2 million of these coins were produce and about 1 1/4 million were subsequently melted by the Irish government. >>

That's 750,000 then that could be extant.....that's a lot, eh?