Australian-Coins Forum

Numismatic Discussion => Coin Chit Chat => Topic started by: Australian coin on July 02, 2013, 03:09:03 PM

Title: are these re-minted coins
Post by: Australian coin on July 02, 2013, 03:09:03 PM
http://www.perthmint.com.au/catalogue/first-royal-visit-of-queen-elizabeth-ii-1954-florin.aspx

http://www.perthmint.com.au/catalogue/50th-anniversary-of-federation-1951-florin.aspx

http://www.perthmint.com.au/catalogue/opening-of-the-first-parliament-house-1927-florin.aspx
Title: RE: are these re-minted coins
Post by: stevo1962 on July 02, 2013, 03:31:08 PM
They look like original coins so maybe they are from a hoard.Did they
come from Trout's hoard?
Title: RE: are these re-minted coins
Post by: Australian coin on July 02, 2013, 03:34:15 PM
cos McDonald book said mintages for these florins was 2,000,000 but the PM page says different for the 54. maybe a typo
Title: RE: are these re-minted coins
Post by: trout on July 02, 2013, 05:24:32 PM
Quote from: 'stevo1962' pid='20156' dateline='1372744868'They look like original coins so maybe they are from a hoard.Did they
come from Trout's hoard?

Definately not mine I don't like parting with mine :ok:
I wonder what condition they are in?
Title: RE: are these re-minted coins
Post by: enworb on July 02, 2013, 05:38:54 PM
Theyre more than likely ones they have purchased as scrap in the mast. They banging them in some flashy packaging and flogging them off for 4 times more than theyre worth.
Title: RE: are these re-minted coins
Post by: Fulvio on July 02, 2013, 10:42:22 PM
Quote from: 'enworb' pid='20162' dateline='1372752534'Theyre more than likely ones they have purchased as scrap in the mast. They banging them in some flashy packaging and flogging them off for 4 times more than theyre worth.

Almost certainly. Wonder what grade they really are?
Title: RE: are these re-minted coins
Post by: acrellin on July 03, 2013, 10:09:49 AM
They are certainly genuine coins, however as the Perth Mint doesn't buy pre-decimal coins in over their bullion counter other than sovereigns and halves, these will most likely have been bought from a coin wholesaler that has prepared the pretty coloured packaging. Yes, they're much more expensive than a collector would be able to get them for, however they're intended for people making a nostalgic / impulse purchase.
Title: RE: are these re-minted coins
Post by: enworb on July 03, 2013, 10:44:53 AM
Don't predecimals fall under unaccredited silver coins? I wouldn't know, just wondering as I always assumed that it what that row meant. http://www.perthmint.com.au/metalprices.aspx
Title: RE: are these re-minted coins
Post by: Sapyx on July 03, 2013, 03:56:22 PM
It's all part of what seems to be a growing trend: the collector coin sales departments of mints around the world evolving into fully-fledged coin dealers, selling coins sourced from elsewhere than off the mint factory floor.

You can buy Perth Mint coins off the Royal Canadian Mint website, for example.
Title: RE: are these re-minted coins
Post by: acrellin on July 04, 2013, 12:38:31 PM
enworb, Unaccredited silver covers coins and bullion originating from mints or refiners not accredited by the LBMA. Pre and post silver coins, as well as the round 50ยข coins, still have a legal tender value, so can't be melted down by anyone other than the RBA.
Title: RE: are these re-minted coins
Post by: enworb on July 04, 2013, 01:01:27 PM
Thanks andrew
Title: RE: are these re-minted coins
Post by: triplewitch on July 12, 2013, 05:52:57 AM
I bought the two older coins and picked them up today.  They are average circulation coins at best and look nothing like the pictures.-John
Title: RE: are these re-minted coins
Post by: trout on July 12, 2013, 09:16:16 AM
Quote from: 'triplewitch' pid='21087' dateline='1373574177'I bought the two older coins and picked them up today.  They are average circulation coins at best and look nothing like the pictures.-John

I think this is a better deal than those from the Perth Mint :good:
http://www.ebay.com.au/itm/Australian-1951-florin-/141010297764?_trksid=p2047675.l2557&ssPageName=STRK%3AMEWNX%3AIT&nma=true&si=YcWC1ay5Et4%252BPiPDfO4ZK0MdmZo%253D&orig_cvip=true&rt=nc