The E-Sylum:  Volume 8, Number 21, May 22, 2005, Article 9

COLLECTOR HAS 1.3 TONS OF COINS

A Vietnamese collector has 1.3 tons of coins.
according to a news story published May 17th:

"Starting his collection ten years ago by accidentally
purchasing a big box of ancient coins, Lam Zu Xenh,
a physician in Chau O town, Binh Son district of central
Quang Ngai province, now possesses over 1.3 tonnes
of coins.

His collection includes more than 200 types of bronze
coins and 50 types of zinc coins. Most of these coins
belong to feudal dynasties in Viet Nam, China, Korea,
Japan and France."

Full Story

[Just how does one accidentally buy a big box of
ancient coins? And how does one store 1.3 tons of
them?

I asked our Vietnamese coinage expert, Howard A.
Daniel III, who writes: "With the many large and small
construction projects going on in Viet Nam, large hoards
of cash coins are being uncovered that are in the tons.
The coins are often so common, they cannot be sold to
collectors beyond a few kilo, so they are sold to metal
processing firms that melt them and make them into useful
products. It is a shame, but they are just so many of them
being found, the numismatic marketplace cannot take them
all in, and even the museums in Viet Nam are turning
them down." -Editor]

  Wayne Homren, Editor

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