Australian-Coins Forum

Numismatic Discussion => Coin Chit Chat => Topic started by: trout on May 18, 2013, 10:42:00 AM

Title: What the !!!!!!!!
Post by: trout on May 18, 2013, 10:42:00 AM
The ink would still be wet on these issue price of $30 and look at this puppy.
http://www.ebay.com.au/itm/KANGAROO-AND-MAP-2013-PNC-FIRST-DAY-RELEASE-L-EDITION-GREEN-STAMP-89-7500-/321123732476?_trksid=p2047675.m1986&_trkparms=aid%3D555001%26algo%3DPW.CURRENT%26ao%3D1%26asc%3D29%26meid%3D7733512004731657773%26pid%3D100013%26prg%3D1013%26rk%3D1%26sd%3D321120060116%26#ht_442wt_1255
Title: RE: What the !!!!!!!!
Post by: Robster on May 18, 2013, 10:44:22 AM
Crikeys Trout- we are in the wrong business.!! :dodgy:
Title: RE: What the !!!!!!!!
Post by: markn on May 18, 2013, 10:45:34 AM
There was a time a few years back (2006-2007) where every new release PNC went stupid price wise on release.  It will be interesting to see if this one stays high.
Title: RE: What the !!!!!!!!
Post by: trout on May 18, 2013, 10:45:46 AM
Quote from: 'Robster' pid='15266' dateline='1368839662'Crikeys Trout- we are in the wrong business.!! :dodgy:

I recon :dash1:
AC got me one of these and I feel as guilty as hell now:blush:
Title: RE: What the !!!!!!!!
Post by: robbiegal on May 18, 2013, 10:47:24 AM
hey guys
that isn't uncommon for the special show issues
Title: RE: What the !!!!!!!!
Post by: Australian coin on May 18, 2013, 10:54:33 AM
haha I am watching that, bet ya glad I got ya one now, xx
yeah I hope they stay like the red foil poppy ones, the last one sold for $600
I sold my spares for a nice profit, but looks like I should have asked more for them, but I ended up selling them private and probably saved on eBay fees.
Title: RE: What the !!!!!!!!
Post by: Goldseeker on May 18, 2013, 11:08:13 AM
Have a look at ebay and I think anyone who secured only one of the PNC's for each day would by crying.   I know I am.

I sighted a couple with baby and dad in tow, collect either 8 or 16 covers the first day and 20 on the other five days.   if those go onto ebay, what a nice profit they will get.

One could only get two covers per person per visit to the postal counter on the first day.   Because not all covers were sold at the end of the day, there was a limit of 20 per person per visit on the remaining days.   Please be advised that not all the covers were sold on each day.

It will be interesting to see if the remaining covers will be sold by the RAM and or AustPost at some other time.   I know I have made a comment re the unsold covers in another topic, but lets see if what I was informed and told is correct.
Title: RE: What the !!!!!!!!
Post by: trout on May 18, 2013, 11:11:55 AM
Quote from: 'Goldseeker' pid='15274' dateline='1368841093'Have a look at ebay and I think anyone who secured only one of the PNC's for each day would by crying.   I know I am.

I sighted a couple with baby and dad in tow, collect either 8 or 16 covers the first day and 20 on the other five days.   if those go onto ebay, what a nice profit they will get.

One could only get two covers per person per visit to the postal counter on the first day.   Because not all covers were sold at the end of the day, there was a limit of 20 per person per visit on the remaining days.   Please be advised that not all the covers were sold on each day.

It will be interesting to see if the remaining covers will be sold by the RAM and or AustPost at some other time.   I know I have made a comment re the unsold covers in another topic, but lets see if what I was informed and told is correct.

I wonder if the left over will be offered to the "Mint Legends":angel:
Title: RE: What the !!!!!!!!
Post by: Australian coin on May 18, 2013, 11:19:21 AM
that thought crossed my mind too, that's why I decided to flip my spares just in case they take a dive.
ill contact my mint friend on Monday and see what she says
Title: RE: What the !!!!!!!!
Post by: trout on May 18, 2013, 11:21:22 AM
Quote from: 'Australian coin' pid='15281' dateline='1368841761'that thought crossed my mind too, that's why I decided to flip my spares just in case they take a dive.
ill contact my mint friend on Monday and see what she says
WooHoo keep me posted, I signed up a while back on your advice :good::dance:
Title: RE: What the !!!!!!!!
Post by: trout on May 18, 2013, 12:26:53 PM
This seller is having a "Fat time" with these.
http://www.ebay.com.au/itm/PAIR-OF-KANGAROO-AND-MAP-2013-PNC-1st-DAY-RELEASE-L-EDITION-OF-7500-GREEN-STAMP-/321123734731?pt=Australian_Stamps&hash=item4ac47754cb#ht_477wt_1255

WOW the single coin sold for $172.50
The consecutive pair went for $275
Title: RE: What the !!!!!!!!
Post by: Australian coin on May 20, 2013, 10:34:28 AM
shot an email off to the RAM, will see what they say
Title: RE: What the !!!!!!!!
Post by: trout on May 20, 2013, 10:35:50 AM
Quote from: 'Australian coin' pid='15547' dateline='1369011868'shot an email off to the RAM, will see what they say

Cheers mate :good:
Title: RE: What the !!!!!!!!
Post by: purplepennyhunter on May 20, 2013, 10:38:20 AM
I am not following. They're gone for a lot yes but what else is fishy?
Title: RE: What the !!!!!!!!
Post by: trout on May 20, 2013, 10:40:06 AM
Quote from: 'purplepennyhunter' pid='15552' dateline='1369012100'I am not following. They're gone for a lot yes but what else is fishy?

I don't think it is "fishy" I just am amazed at the prices these $30 pnc's are selling for :ok:
AC is just asking the RAM if any of these are available to the Mint legend members :angel:
Title: RE: What the !!!!!!!!
Post by: purplepennyhunter on May 20, 2013, 10:41:03 AM
So why contact the RAM? What's it got to do with them?

I see your edit now, ok
Title: RE: What the !!!!!!!!
Post by: Goldseeker on May 21, 2013, 11:17:04 AM
As I have been informed, at the end of each day of the Stamp Expo, any UN SOLD covers were split between the RAM and Aust Post.

Aust Post have verified that they will NOT be selling their spare folders at all.

The RAM has yet to answer that question.

Only time will tell.

I trust the RAM will NOT on sell any of the unsold covers.
Title: RE: What the !!!!!!!!
Post by: notcb on May 21, 2013, 02:24:22 PM
Hi,

What needs to be remembered is that these PNCs have an M mintmark on them, unlike some of the previous daily Coin Show releases like the 1998 Bass and Flinders which have always attracted a significant premium.

With a MAXIMUM of 7500 produced, the coin and the PNC are always going to be in short supply for future collectors.

You will note that the limited release APTA  overprint version of this PNC  (150 produced) is also attracting a significant premium over its $36.00 release price.

Thanks to Goldseeker for his kind offer to forum members to purchase some of these PNCs.

Cheers

Peter  (notcb)
Title: RE: What the !!!!!!!!
Post by: Oz 50c Man on May 22, 2013, 04:41:45 AM
I have been watching and waiting for these to come off the boil (which I think they will, if only a modest amount - or at least I am hoping!)

Does anyone know how many were not sold for each of the days?
Title: RE: What the !!!!!!!!
Post by: Goldseeker on May 22, 2013, 11:03:26 AM
Quote from: 'Oz 50c Man' pid='15786' dateline='1369163505'I have been watching and waiting for these to come off the boil (which I think they will, if only a modest amount - or at least I am hoping!)

Does anyone know how many were not sold for each of the days?

I asked each day as to how many were not sold and all I got was a nice smile.  It was at one time a security problem as people were securing the PNC's without coins on day one and moving to the end of the line to wait for up two hours to pay for the PNC and get the voucher to get the coin from the RAM Stand.   I think some people got sick and tired of waiting and walked off without returning the cover.   I believe that several or many covers disappeared into thin air and a final daily count couldn't be achieved until reconciliation of monies taken at the end of each trading day.

I spoke with the  AustPost personnel at the show re the security problem as people were taking handfulls of souvenirs and walking away, hopefully to the end of the line to pay for the items.   This happened every day of the show but the Friday and Saturday were the worst for this type of hype.   Sunday saw several more security personnel about the AustPost shop.  

I still think that Aust Post may have lost a lot of monies as a result.   Comes down to poor security from the start.

Quote from: 'Goldseeker' pid='15808' dateline='1369186406'
Quote from: 'Oz 50c Man' pid='15786' dateline='1369163505'I have been watching and waiting for these to come off the boil (which I think they will, if only a modest amount - or at least I am hoping!)

Does anyone know how many were not sold for each of the days?

I asked each day as to how many were not sold and all I got was a nice smile.  It was at one time a security problem as people were securing the PNC's without coins on day one and moving to the end of the line to wait for up two hours to pay for the PNC and get the voucher to get the coin from the RAM Stand.   I think some people got sick and tired of waiting and walked off without returning the cover.   I believe that several or many covers disappeared into thin air and a final daily count couldn't be achieved until reconciliation of monies taken at the end of each trading day.

I spoke with the  AustPost personnel at the show re the security problem as people were taking handfulls of souvenirs and walking away, hopefully to the end of the line to pay for the items.   This happened every day of the show but the Friday and Saturday were the worst for this type of hype.   Sunday saw several more security personnel about the AustPost shop.  

I still think that Aust Post may have lost a lot of monies as a result.   Comes down to poor security from the start.

You mention that you are waiting for the PNC's to come off the boil.   I think that they will stay high with a maximum of 1250 sold per day and many not being able to secure heaps on day one, the number of complete sets of this Limited edition PNC will be reduced.   Further, the RAM would not sell you a "M" Counterstamp 50c piece UNLESS you had the voucher to secure it.   Either the chase is on for the Covers or the 50c piece where there should only be a maximum over the six days of the show of 7,500.   if that is the case, surely this would make this particular coin the rarest of all 50c pieces that the RAM has produced.
Title: RE: What the !!!!!!!!
Post by: Oz 50c Man on May 22, 2013, 06:50:33 PM
Thanks for the info Goldseeker, and interesting to hear how poorly the security / process was planned.

I count at least twenty two 50c coins produced by the RAM that have a smaller mintage (than 7,500 as this is the max mintage of the COIN - not the PNC).

Forty Six if you add the Perth Mint into the mix...

You might still be right about the price staying high tho'.
Title: RE: What the !!!!!!!!
Post by: Goldseeker on May 22, 2013, 08:14:29 PM
Quote from: 'Oz 50c Man' pid='15872' dateline='1369214433'Thanks for the info Goldseeker, and interesting to hear how poorly the security / process was planned.

I count at least twenty two 50c coins produced by the RAM that have a smaller mintage (than 7,500 as this is the max mintage of the COIN - not the PNC).

Forty Six if you add the Perth Mint into the mix...

You might still be right about the price staying high tho'.

If you count the proofs and gold issues I will agree but if you go with the Copro-Nickle Unc coins only, your count is out and this issue would be the least number produced.
Title: RE: What the !!!!!!!!
Post by: Oz 50c Man on May 23, 2013, 04:57:49 AM
QuoteGoldseeker: If you count the proofs and gold issues I will agree but if you go with the Copro-Nickle Unc coins only, your count is out and this issue would be the least number produced.

Yep, fair comment.
Title: RE: What the !!!!!!!!
Post by: Fordprefect on May 23, 2013, 10:52:11 AM
Would not the 1969 "Yarralumla" Specimen 50c Cu be
the lowest mintage??
Title: RE: What the !!!!!!!!
Post by: notcb on May 23, 2013, 05:03:42 PM
Hi,

Actually the 2010 heritage set with just 400 mintage is the lowest RAM issue of a regulation style coin.

The 1c and 2c copper coins were the exact composition of previous 1 and 2 c issues.

The 50cent coin was 80% silver (and round) which matched the original composition  of the 1966 original round 50cent coin.

What really interests me, and I stand corrected on this, but surely this is the first ever Mintmark on a RAM 50cent coin?   Usually Mintmarks have been reserved for $1 coins.  

If this is in fact the case, then these PNC/50cent coins must have a significant premium on two grounds:  Mintmark   and   Individual day overprints.

Cheers

Peter  (notcb)
Title: RE: What the !!!!!!!!
Post by: Australian coin on May 23, 2013, 05:08:46 PM
yep the - 100 years of Commonwealth Stamps uncirculated 50c coin - with a m counterstamp PNC - is the first "counterstamp" 50c made
Title: RE: What the !!!!!!!!
Post by: Oz 50c Man on May 23, 2013, 05:49:04 PM
just looking on flea-bay, there seems to be a wide variety on prices between the different days... there is a single first day / green post mark on about to finish now and it is at $270 + $8 post!!!   Granted it is a low serial (28/7500) but it has me stumped...
maybe someone knows something about the mintage for that day?
Title: RE: What the !!!!!!!!
Post by: Australian coin on May 23, 2013, 06:27:22 PM
ill just throw it out there I got 11, 12 and 13
1-10 went to VIP Australia post staff/members
so I got the lowest numbers that the public could get :P
if anyone offers $500.00 a piece I would sell ;)
Title: RE: What the !!!!!!!!
Post by: markn on May 23, 2013, 06:43:33 PM
Quote from: 'Australian coin' pid='15972' dateline='1369299442'ill just throw it out there I got 11, 12 and 13
1-10 went to VIP Australia post staff/members
so I got the lowest numbers that the public could get :P
if anyone offers $500.00 a piece I would sell ;)

Well done AC, don't let them go cheap!
Title: RE: What the !!!!!!!!
Post by: Oz 50c Man on May 24, 2013, 05:03:24 AM
Good on ya AC, well done!
Title: RE: What the !!!!!!!!
Post by: trout on May 25, 2013, 09:32:57 AM
How scarce is the 2005 COA 50 cent coin (the one on the world heritage PNC) ?
Title: RE: What the !!!!!!!!
Post by: Nevol on May 25, 2013, 10:09:22 AM
Back in Sep 06, Downies were selling them separately, can't remember how much, but I bought one then. I sent them just under $30, but I bought multiple items. I think you'd probably have to buy the PNC to get one now, not quite as rare as hen's teeth, but getting up there. :angel:
Title: RE: What the !!!!!!!!
Post by: purplepennyhunter on May 25, 2013, 06:25:36 PM
Quote from: 'Oz 50c Man' pid='15960' dateline='1369297144'just looking on flea-bay, there seems to be a wide variety on prices between the different days... there is a single first day / green post mark on about to finish now and it is at $270 + $8 post!!!   Granted it is a low serial (28/7500) but it has me stumped...
maybe someone knows something about the mintage for that day?

Someone has created a new eBay id today (0 fb) and purchased all the bin's of these and shilled up auctions finishing I think today and tomorrow retracting bids over where others had bid too. Also heard they've done the same earlier this week to others selling these pnc's on eBay making purchases he never intends to pay for to take the bin's off the market. Stinks.
Means none of the prices are fair market. Have reported the id not that eBay have done anything yet and there is more than one stinky id involved.
Title: RE: What the !!!!!!!!
Post by: Australian coin on June 05, 2013, 11:04:37 AM
Quote from: 'Australian coin' pid='15547' dateline='1369011868'shot an email off to the RAM, will see what they say

Dear

Thank you for contacting the Royal Australian Mint. Apologies for the delay in reply as we
have been seeking information for you.

At this stage the PNC will not be made available in either our normal retail channels or
to Legends members.

We expect to attend EKKA and the International Coin Fair. Please keep an eye on our online
channels for confirmation. We will not be attending any other ANDA Shows this year but
will reassess our events at the end of the year for 2014.

On another note have you had a chance to check out our new Youtube video? It's a teaser
for something very exciting that we can't reveal yet though I'm sure you'll have a pretty
good idea of what's instore. We'll keep you updated on this so you can share the news with
your followers. If you haven't seen it yet you can view it here
http://www.youtube.com/watch?v=PU59OKCIe_8
Title: RE: What the !!!!!!!!
Post by: Goldseeker on June 08, 2013, 11:54:17 AM
Me thinks that the info posted from the RAM and that told to me by Aust Post means that the full set of Expo PNC's will sky rocket.

That is REAL good news.