Coin Collectors' Corner

@MJG017 there are heaps of different things to look for in coins. And the lower the mintage of a coin, the more money you can get for it. Especially if it is good condition.

I would love to find these error coins.

1966 20c Wavy Baseline

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The 1966 “wavy baseline” 20 cent coin, for example, has been known to fetch up between $3,000 and $5,000 when in perfect condition.

The "5 cent flamingo error" is an Australian 5 cent coin from the year 2001 (and to a lesser extent, 2002, 2003, and 2005) that features an extra piece of metal on the number 5 on the reverse side. This additional metal, caused by a die crack, resembles a flamingo's beak when the coin is turned upside down, hence the name "flamingo error". This die variety can be worth a significant amount above its face value, with recent sales ranging from approximately $37.80 to $70.

The Australian 2016 "Alien" 5 cent coin, caused by a die clash, is a rare error coin valued in the hundreds to potentially thousands of dollars, depending on its condition and grade. Uncirculated examples can command higher prices, with some sources suggesting up to $4,000 for uncirculated specimens, while circulated coins are worth less, possibly around $600 or a few hundred dollars.

so good to see you again @Mustang67!! oo i'm loving all these coins!! my top favs have got to be: the phoenix coin, all the Ngana Nyitting coins, the red-back spider one, box jellyish and the Kalkadoon Dreaming coin!! there's too many good ones!!

also love the 'Silver Vortex Bar Scottsdale Mint' bar, the lion design is so cool - thanks for sharing 💙

Hello fellow coin collectors : ) love the Scottsdale Mint bar @Mustang67 and great post re varieties and errors! Very inspiring! The upcoming Bluey has brought me out of the woods re coins and it was great to see you’re still going strong Mustang Rav3n and Tyme : ) I collected a couple of the smallest gold coins in the world from Macquarie Mint just so I had some gold too : ) and I can’t display due to kids and animals. Honestly, air and dust concerns me too. Just keeping them tucked up safely in a suitcase wrapped in acid free paper. Mustang, your collection is huge! I wonder if you could insure it? I hope are well and have a good week!

@rav3n I love the Silver Vortex Bar Scottsdale Mint bar too. I won that in a coin dip, so it only cost me $10. I was so excited when I won it. I love the design.

@Harmonium yes my collection is growing and I am running out of places to store them, since I can't display them. I have made one enquiry about insurance, and was told that I need to use an insurance broker t find a company that will insure them.

@tyme @Harmonium @rav3n @MJG017 @Snowie @Shaz51 @Judi9877

A couple of recent purchases

2025 $1 Australian Women’s Weekly Birthday Cake Book Folder

2025 $2 Australian Women’s Weekly Birthday Cake Book $2 Coloured Coin

2025 $2 Wallabies Rugby Australia Coloured Coin

2025 $2 Wallaroos Rugby Australia Coloured Coin

2024 Australia Zoo - Giraffe 1oz Silver Investment Coin

Hi @Mustang67 . Wow! I’m very impressed with your new coin collection purchases! I remember looking through the women’s weekly birthday book as a kid - my mum made me the Dolly Varden cake once- and I was so impressed with all of the different cakes in there. The duck cake has now become popular once again due to Bluey I believe! Whilst I’m not into rugby union, I do like the 2 coins you purchased as well. The giraffe coin also looks to be a very special coin as you’ve stated it’s an investment coin. Does that mean it will increase in value over time? I’ve still got my Bluey coins from last year that I purchased. I now wonder if they have increased in value?

Are you planning on purchasing any more coins later on? Please keep posting them as I really enjoy seeing what you’ve purchased and what is coming up. Coin collecting is a fascinating hobby!

Judi9877

@Judi9877 the investment coin or bullion coin can be sold to two different groups of people. Of course you have your collectors, who if they are trying to complete a set, like I am, would be willing to pay more for the coin. The other way of selling it, is to places that buy and sell gold. You have to be careful here as not all of these places will give you the same. What you would look for is a place that would buy it from you at spot price. This is the current market value of silver, at any given time. For example places like cash converters would pay $2 under spot price per oz. So basically I am buying these for my daughter's inheritance hoping that the silver price keeps going up like it has been. And she would be able to get cash as she needs it.