Old coins found in a rusty tool box were rare collectables worth £30,000

April 4, 2013 | by | 1 Comment

A ”handful of change” discovered in a tool box was found to be a collection of rare coins – which fetched £30,000 at auction.

The historic currency remained untouched inside the rusting steel container after the owner died in the 1990s.

His son later opened his tool box and found the money – including gold sovereigns from the reigns of Queen Victoria and King George V and an 1887 Victorian five pound coin.

Paul Keen from the Plymouth Auction Rooms in Devon, with the historic coins which had been found hidden in a tool box

Paul Keen from the Plymouth Auction Rooms in Devon, with the historic coins which had been found hidden in a tool box

The rare collection fetched double its £15,000 estimate after attracting bids from as far afield as Hong Kong, Russia, Australia and the US.

The Victorian coin alone was sold for £1,600, while a 1947 Mexican 50 pesos gold coin raised £1,050.

Auctioneer Paul Keen, of Plymouth Auction Rooms in Devon, said: “It was not until our client finally opened his father’s tool box, which had been kept under lock and key for several years, that he discovered how extensive his father’s coin collection was.

“He was delighted there was an awful lot of interest from bidders locally and across the world.”

Category: News

Comments (1)

Trackback URL | Comments RSS Feed

  1. Anonymous says:

    Coin Collecting
    http://www.petitioncrown.com (noncommercial site)

    “Art in the form of coins is not only what we study but the emotion when we hold a piece of history” Geoffrey Cope

    What is a collection?

    One numismatic piece can be your collection. Coins were a media that attracted the finest artisans to engrave and a create master-pieces of a period in history.

    Buy the finest “Shortly after the price is forgotten, the quality still remains”

    The hobby that has been around from at least from Julius Caesar from the early days when the finest artisans were used to show the population their leaders on coins and achievements on the reverse as an early form of communication.

    Coins are ART, history and dates history. We should not forget that many of the famous collection were created by women whose taste is exquisite for choice of style, quality and artistic works.

    The finest pieces have been for hundreds of years been collected and cared for both in National Museums, by Kings and Academics and today a hobby for everybody to enjoy.

    info@petitioncrown.com

    Any assistance required, please first see the beauty of Coin Collecting / Numismatics showing ART in the form of a coin, coins anyhow are loved as they are when all said and done MONEY

    http://www.petitioncrown.com

    Regards
    Geoffrey

Add your comment

Libellous and abusive comments are not allowed. Please read our House Rules

For information about privacy and cookies please read our Privacy Policy