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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
MissGremlinSenior Contributor
@Mustang67 they are so much fun to make ☺️. Haha those cheeky elves might have hidden it 😂
In response to: Re: Coin Collectors' Corner
Mustang67Senior Contributor
A couple of bullion items arrived today, that I won before Christmas, as well as an order for some silver bullion, so I thought I would share them since I haven't posted for a little while on this group.
These first two I won.
These ones I have purchased.
@Ainjoule @AlwaysMyself @Appleblossom @Asgard @avant-garde @Bon_courage @Bunniekins @Chasingsunsets @Cuddlebear @Dreamy @ENKELI @Faith-and-Hope @GezzaP @Glisten @Harmonium @Judi9877 @Jynx @Kashmina @Oaktree @PeppyPatti @rav3n @REDLINEZ750 @RiverSeal @Ru-bee @Shaz51 @Snowie @TAB @tyme
In response to: Re: Coin Collectors' Corner
Mustang67Senior Contributor
Latest lot of coins received or ordered. If anyone is interested. I am progressing more towards the bullion coins now.
@Ainjoule @AlwaysMyself @Appleblossom @Asgard @avant-garde @Bon_courage @Bunniekins @Chasingsunsets @Cuddlebear @Dreamy @ENKELI @Faith-and-Hope @GezzaP @Glisten @Harmonium @Judi9877 @Jynx @Kashmina @Oaktree @PeppyPatti @rav3n @REDLINEZ750 @RiverSeal @Ru-bee @Shaz51 @Snowie @TAB @tyme
In response to: Re: Coin Collectors' Corner
Judi9877Senior Contributor
Hi @Mustang67 and others here.
I really admire and like your coin collection that you’ve purchased and am looking to purchase @Mustang67 - very impressive! I haven’t purchased anymore coins since my last Bluey coin I got in the lottery back in October. I’d really like a kookaburra coin if I could get one as they are my favourite birds. In regards to the bullion coins/items, are they worth more and are a higher value in regards to coin collecting? What’s the go with them as I’ve seen this but could never quite understand the logic behind them? I do know that gold is worth a lot of money at the moment in terms of its value and lots of people have gone big on gold coins but I’m not sure about bullion coins and silver proof coins. Your insights into these questions would be very much appreciated as I’m curious to find out more.
Take care and happy coin collecting!
Judi9877
In response to: Re: Coin Collectors' Corner
Mustang67Senior Contributor
I was lucky enough to find a lady that was selling the earlier years of the Australian Brumby coin collection. I started collecting these when I won the 2023 Brumby and thought that I might as well try to collect all of them. But the earlier years can be very hard to get hold of. These three coins have completed this set up to 2025, so now I just need to purchase one each year until they stop making them. These are all bullion coins and not the proof coins that are also available.
If you would like to be removed from the coin collecting list, please just let me know.
@Ainjoule @AlwaysMyself @Appleblossom @Asgard @avant-garde @Bon_courage @Bunniekins @Chasingsunsets @Cuddlebear @Dreamy @ENKELI @Faith-and-Hope @GezzaP @Glisten @Harmonium @Judi9877 @Jynx @Kashmina @Oaktree @PeppyPatti @rav3n @REDLINEZ750 @RiverSeal @Ru-bee @Shaz51 @Snowie @TAB @tyme
In response to: Re: Coin Collectors' Corner
Mustang67Senior Contributor
Hi @Judi9877 it seems as if you are the only one interested in my coins these days.
Now I am very new to the bullion coin world, so I will give you my armature understanding.
Collector's coins have the ability to reach higher resale price than the bullion coin because of the simple fact that they are limited to a particular amount of the coins being minted. Whereas when the bullion coins are minted, they are produced in the hundreds of thousands. So, if you want to sell one of your collectors' coins you need to do your research and find out what a particular coin is selling for, and then advertise it accordingly, I am sure you would be getting more than what you paid for it. Especially if it is of a limited mintage. I have three coins in my collection that only have a mintage of 500 worldwide. So, you would hope that these should increase in value the longer I hold on to them for.
The bullion coin is produced purely for its precious metal. So, I can take a bullion coin to any gold & silver shop and normally set it for the current spot price (currently $117.93 per ounce) of silver. But most shops will take a cut a couple of dollars off the top of the spot price, but not all of them. So really you are guaranteed this to get money, and you do not have to worry about advertising your bullion for sale and messing around with people that don't show up etc. And selling them to get some money, is a lot more accessible that selling a collector's coin, which takes time and effort.
But here is a better explanation from google.
In response to: Re: Coin Collectors' Corner
Mustang67Senior Contributor
These are the others I have purchased and waiting to arrive. I won't be ordering many coins anymore, as I now have to start budgeting my money, but I am hoping I can still get one or two a month to keep building up my daughter's inheritance, or just as a safety net in case I get into trouble financially.
@Ainjoule @AlwaysMyself @Appleblossom @Asgard @avant-garde @Bon_courage @Bunniekins @Chasingsunsets @Cuddlebear @Dreamy @ENKELI @Faith-and-Hope @GezzaP @Glisten @Harmonium @Judi9877 @Jynx @Kashmina @Oaktree @PeppyPatti @rav3n @REDLINEZ750 @RiverSeal @Ru-bee @Shaz51 @Snowie @TAB @tyme
In response to: Re: Coin Collectors' Corner
TABSenior Contributor
@Mustang67 it's good to have interests. I'm glad you have found something you are really into. Not everyone is into the same things
Thanks for sharing and thanks for the tag 😀
In response to: Re: Coin Collectors' Corner
Mustang67Senior Contributor
@TAB this hobby has made my life a lot better, and I have socialised a lot more than I normally would have. So it has been a god send as far as my mental health goes.
In response to: Re: Coin Collectors' Corner
Mustang67Senior Contributor
@Ainjoule @AlwaysMyself @Appleblossom @Asgard @avant-garde @Bon_courage @Bunniekins @Chasingsunsets @Cuddlebear @Dreamy @ENKELI @Faith-and-Hope @GezzaP @Glisten @Harmonium @Judi9877 @Jynx @Kashmina @Oaktree @PeppyPatti @rav3n @REDLINEZ750 @RiverSeal @Ru-bee @Shaz51 @Snowie @TAB @tyme
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