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tymeModerator
Hey Everyone!
I thought I'd open this space up to talk all things coins!
I've noticed that we have a few interested coin collectors.
@Mustang67 @Harmonium @Shaz51 @Snowie Feel free to tag anyone.
I'm a bit gutted that I missed out on the Bluey coin collection. I was waiting eagerly for it 😞
In response to: Coin Collectors' Corner
Mustang67Senior Contributor
@tyme I visited the mint over 15 years ago. But I would love to go again as they have refurbished it. They even have a stairs made out of coins. I would also love to visit the Perth Mint as I haven't been there yet.
In response to: Re: Coin Collectors' Corner
tymeModerator
Yes! I only went there recently. I love it there. I spent so long on the tours and everything. I want to visit where they make the notes @Mustang67 . I believe all coins are made in Canberra, right?
The tour was great. There was the entire history of coins from when it was first thought of, to the ones they found on a shipwreck etc.
Pretty amazing.
Your photos look totally like the ones I took when I went!
In response to: Coin Collectors' Corner
Mustang67Senior Contributor
@tyme @Shaz51 @Judi9877 @Snowie @rav3n @Harmonium @MJG017
Last lot of 1oz Silver Bullion Coins & Bars
It's because of my coin collecting that I realised that my medication wasn't working. I would place an order and when they arrived, I couldn't be bothered opening up the packages. They sat next to my bed for a month before I felt up to opening them.
This Silver Bar is my favourite.
In response to: Re: Coin Collectors' Corner
Mustang67Senior Contributor
@tyme You are correct that all the circulated coin denominations are made in Canberra.
Before the Royal Australian Mint was established in 1965, The Royal Mint in Melbourne and Perth also produced Australian coins.
In response to: Re: Coin Collectors' Corner
tymeModerator
Holey Moley! That's awesome! If you have time, can you post some photos or links of the differences? I can look them up, but I don't have time at the moment. I'm super interested though!
That's only if you are able. No pressure at all! @Mustang67
I remember going to school canteen with my 1c and 2c.... When I moved house, I got rid of all of these cents.
In response to: Re: Coin Collectors' Corner
Mustang67Senior Contributor
@tyme here are some photos of the different coins for the mints. I hope this helps 😊
In response to: Coin Collectors' Corner
Mustang67Senior Contributor
@tyme @Shaz51 @Judi9877 @Snowie @rav3n @Harmonium @MJG017
I thought that I would share with you, some coins that you could get in your change, that are worth some money. For a more in-depth listing of error coins, go to https://www.australian-coins.com/error-coins/ or https://www.coinsandaustralia.com/coins-errors-varieties.php
Some Australian 1 cent coins are valuable, particularly those from 1968 due to their low mintage, and 1966 Perth-minted coins due to rarity and manufacturing difficulty. Value depends on the coin's year, the mint it came from, and its condition, with coins in uncirculated or mint condition being the most valuable.
The most valuable Australian 2 cent error coins include those with missing "SD" initials, which can sell for hundreds of dollars in excellent condition. This is what you are looking for. These days you can buy bags of 1 & 2 cent pieces, if your interested in trying to find error coins. I know I have at least one of the missing SD coins, but I am not sure of what condition it is in.
The most valuable Australian 5 cent error coins include the 2007 Double Headed 5 cent coin, which has the image of Queen Elizabeth II on both sides, and the 2016 Alien Variety 5 cent coin, known for its antenna-like protrusions caused by a die clash. These are considered exceptionally rare and can be worth thousands of dollars depending on their condition.
The most valuable Australian 10 cent error coins are generally those with rare minting errors like the 2000 $1/10c Mule - I will show this in the $1 errors (an incorrect die pairing resulting in a thick rim), rotated die errors from the 1966 London minting**, or clipped planchet errors** (like the 1981 curved clipped planchet). While error coins can fetch significant value, their worth depends on the rarity of the specific error and the coin's condition, with values ranging from hundreds to potentially thousands of dollars for the most sought-after examples.
About half of the Australian 1966 20 cent coins were struck by the Royal Mint in London. For some reason one of reverse (tails) dies used in London was damaged and touched up resulting in a distinctive ‘Wave’ on the baseline of the 2 on the reverse of the coin. The so called ‘1966 Wavy Baseline 20 cent’ is the most sought after rare Australian 20 cent coin. Why? Because even a banged up one that has been circulating for 55 years can still be worth a couple of hundred dollars. If you’re really lucky you might find one in pristine condition in an old coin collection or money box, and that 1966 Wavy Baseline 20c could be worth $2,000 or more. How do you know if you have one of these rare 20 cent coins? Firstly your coin must be a 1966 and secondly it must have the distinctive Wave on the baseline of the 2. Checkout the image below, with the rare 20c you’re looking for on the left.
The most valuable Australian 50 cent error coin is the 1988 double-sided coat of arms coin, with some examples selling for close to $15,000. The Millennium 50 cent coins for 2001 can be valuable if they have an "incused" (sunken) flag on the Australian coat of arms design, with prices ranging from $20 to $250. 1979/1980 Double Bar Error. These coins feature a die that was used twice, creating a thick double bar on the coat of arms instead of the normal thin one. Depending on condition and specific auction, they can sell for over $100.
The Year 2000 $1 / 10c mule is probably the best known and most desirable $1 error coin. Dedicated coin noodlers have been finding them since 2003. Mules found in change have been sold for more than $2000. However, these were fantastic quality coins found way back in 2003 or 2004 and those found today might be worth $300 or $400.
You should also keep an eye out for a gold $1 coin that has a rotation error making it worth as much as $350
The rarest and most sought-after $2 coins, such as the 2012 Red Poppy and 2013 Purple Coronation, have become valuable treasures for numismatists, fetching high prices on the collectors' market.
In response to: Coin Collectors' Corner
SnowieSenior Contributor
Amazing coins @Mustang67
In response to: Re: Coin Collectors' Corner
Mustang67Senior Contributor
@Snowie I started buying bullion coins, not only as an investment, but I have nowhere to display my beautiful coins. I live in cabin at a caravan park and the cleaners and management have keys to my cabin. Plus it probably wouldn't be hard to break in. So because I can't even enjoy the coins that I have purchased, I decided to buy bullion as an investment for my daughter.
I have purchased one gold coin, just to say that I have a gold coin, and this size is the only size that I can afford, unless I win lotto. Lol it is literally the size of your pinky fingernail.
In response to: Re: Coin Collectors' Corner
MJG017Senior Contributor
@Mustang67
I'm going to have to print that post out and start checking my coins!
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Help us push aside the stigma and discrimination surrounding complex mental health and change the way people talk about, and care for, mental illness.
SANE acknowledges the Traditional Owners of Country throughout Australia and recognises the continuing connection to lands, waters and communities. We pay our respect to Aboriginal and Torres Strait Islander cultures; and to Elders past and present.
SANE values diversity. We are committed to providing a safe, culturally appropriate, and inclusive service for all people, regardless of their ethnicity, faith, disability, sexuality, or gender identity.
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