silver_smith
Joined: 30-Mar-2014
Posts: 167
Posted: 20-Jan-2019, 06:42
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Posted: 20-Jan-2019, 06:42
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I recently purchased a bulk lot of coins; most of it wound up being 1950-2000 stuff, but there was a little silver in it, most interesting, 10 small Iranian coins:
https://en.numista.com/catalogue/pieces29128.html
https://en.numista.com/catalogue/pieces23904.html
https://en.numista.com/catalogue/pieces10744.html
All either had a wire loop soldered to them, or were punched through and had a wire loop soldered through the hole. I'd imagine it's a cultural thing, can anyone help me understand this.
How does this affect the value in a cultural where this is normal, if not expected or even encouraged?
Also, would it be wrong of me to remove the wire?
CassTaylor
Joined: 30-May-2014
Posts: 8551
Posted: 20-Jan-2019, 07:02
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Posted: 20-Jan-2019, 07:02
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Hello,
I'd love to see pictures!
Sounds interesting; I'm not aware of any Iranian tradition beyond the usual few people who make coins into jewellery or buttons, but if it exists then I'd imagine it would be of similar effect to holing of Ottoman coins.
In Turkey, low value coins were often holed and then sewn onto clothing as adornments, so there is a disproportionately large amount of holed Ottoman coins on the market, where values have adjusted to account for this phenomenon; thus a holed Ottoman akçe, for example, will not have lost as much selling value as a holed French silver, for example.
silver_smith
Joined: 30-Mar-2014
Posts: 167
Posted: 20-Jan-2019, 21:14
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Posted: 20-Jan-2019, 21:14
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Here are the photos of those coins,
To the best of my understanding, that is a:
1306 (1928) 500 Dinar on top
1334 (1916) and 1343 (1925) 500 Dinars Bottom left
and 1310 (1931) 1/2 Rial on the bottom right
silver_smith
Joined: 30-Mar-2014
Posts: 167
Posted: 21-Jan-2019, 17:49
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Posted: 21-Jan-2019, 17:49
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What are your thoughts on these coins? Is it likely a cultural reason? Or did someone just ruin ten perfectly good coins?
CassTaylor
Joined: 30-May-2014
Posts: 8551
Posted: 21-Jan-2019, 17:51
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Posted: 21-Jan-2019, 17:51
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Quote: "silver_smith"What are your thoughts on these coins? Is it likely a cultural reason? Or did someone just ruin ten perfectly good coins?
Option No.2 if you ask me, I'm not aware of any cultural reason paralleling the Turkish example I talked about earlier other than ordinary costume adornment.
silver_smith
Joined: 30-Mar-2014
Posts: 167
Posted: 21-Jan-2019, 18:34
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Posted: 21-Jan-2019, 18:34
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If these coins were not damaged, about what do you think they would be worth?
It looks as if the wire is brazed or soldered on, so could I attempt to remove it, or am I better off leaving them as they are?
CassTaylor
Joined: 30-May-2014
Posts: 8551
Posted: 21-Jan-2019, 19:10
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Posted: 21-Jan-2019, 19:10
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According to sources like these:
https://coinquest.com/cgi-bin/cq/coins.pl?coin=13656
https://www.ngccoin.com/price-guide/world/iran-1-2-rial-km-1128-1310-1315-cuid-1132676-duid-1478377
Those coins are worth between 5 to 10 euros max (each) in the condition they're in, so I wouldn't say you'd be any better or worse off if you decided to remove the wire. I would probably attempt to do so if I wanted them for my collection, but that's just me.
apuking
Joined: 31-Oct-2012
Posts: 8689
Posted: 21-Jan-2019, 20:11
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Posted: 21-Jan-2019, 20:11
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They where most certainly attached to a robe worn for a wedding ceremony, this is a typical tradition from many places bust most commonly known from North Africa, Turkey, the middle east, Central Asia at least up to India.
Even near my hometown in the Black Forest it used to be a tradition which was somehow lost 100 years or so ago.
If you like coins, medals and tokens with ship motives follow my new instagram account with regular updates @numisnautiker
From time to time I sell some coins on Ebay make sure to follow me @apuking on Ebay.
silver_smith
Joined: 30-Mar-2014
Posts: 167
Posted: 21-Jan-2019, 23:32
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Posted: 21-Jan-2019, 23:32
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I really appreciate the input. That's somewhat good news. I purchased the coins as part of a much larger lot, and mostly chalked them up as a loss, and silver value only, so my $10 worth of silver is actually worth $50 to $100 (more than likely on the lower end); so still a win.
I also got a Newfoundland 1941 silver 5 Cents with really clear features, and a few other unique coins for my silver collection.
neilithicman
Joined: 22-Nov-2017
Posts: 945
Posted: 22-Jan-2019, 00:29
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Posted: 22-Jan-2019, 00:29
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I found a similar thing in a bulk lot a few months back. It's a bracelet made out of 1942 Netherlands 10 cent coins. My wife claimed that one, I'll try to put up a picture when I get home tonight.
What? Me Worry
maudry
Joined: 4-Mar-2013
Posts: 1516
Posted: 22-Jan-2019, 10:40
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Posted: 22-Jan-2019, 10:40
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This is not uncommon on Iranian coins.
Look at the stock of this trader who has several such coins for sale:
https://www.ma-shops.com/koci/cat.php?catid=1279&lang=en&lines=50
So, value certainly well above melt - but much more difficult to find a buyer for them.
neilithicman
Joined: 22-Nov-2017
Posts: 945
Posted: 23-Jan-2019, 09:06
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Posted: 23-Jan-2019, 09:06
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I forgot to post the photo of the Netherlands coins bracelet that I picked out of a bulk lot. The last coin on the right is designed to hang down when the bracelet is closed and it looks pretty good on the wrist.
What? Me Worry
ashlobo
Joined: 30-Sep-2013
Posts: 1361
Posted: 23-Jan-2019, 18:33
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Posted: 23-Jan-2019, 18:33
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Quote: "apuking"They where most certainly attached to a robe worn for a wedding ceremony, this is a typical tradition from many places bust most commonly known from North Africa, Turkey, the middle east, Central Asia at least up to India.
Even near my hometown in the Black Forest it used to be a tradition which was somehow lost 100 years or so ago.
Yes that exactly is the case through all throughout the Indian subcontinent especially with silver coins. Infact, I have a family heirloom with a 1921 George V worked into the bottom of a small silver bowl. Adorning it on dresses, as necklaces, bracelets or even as part of religious offerings were highly common practice for the last few centuries until silver was removed from general circulation by the 1950s
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