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Australian Coins, Banknotes and Exonumia => Australian Decimal NCLT => Topic started by: eirrab on September 22, 2014, 08:06:46 AM

Title: 2006 Commonwealth games 50c sports
Post by: eirrab on September 22, 2014, 08:06:46 AM
Hi
While reviewing my collection and selling my surpluses, I found that the 2006 Gymnastics 50c seems to be fetching very high prices on ebay compared with others in the series. While I was happy to get $134 for the last one that I offered - this seems way out of sync with the others that are getting around $15. Can anyone enlighten me as to what is behind this? The mintage seems similar to the others.
Title: RE: 2006 Commonwealth games 50c sports
Post by: trout on September 22, 2014, 08:08:51 AM
Quote from: 'eirrab' pid='59821' dateline='1411339006'Hi
While reviewing my collection and selling my surpluses, I found that the 2006 Gymnastics 50c seems to be fetching very high prices on ebay compared with others in the series. While I was happy to get $134 for the last one that I offered - this seems way out of sync with the others that are getting around $15. Can anyone enlighten me as to what is behind this? The mintage seems similar to the others.

Maybe there was more than one bidder that just wanted that coin and weren't prepared to take NO for the answer :ok:
Title: RE: 2006 Commonwealth games 50c sports
Post by: Nevol on September 22, 2014, 12:50:40 PM
I'm not even aware of how many of each one was minted, so I can't help. :dontknow:
Title: RE: 2006 Commonwealth games 50c sports
Post by: trout on September 22, 2014, 01:05:21 PM
In 2006 16 different types of these were minted to celebrate the Melbourne Commonwealth Games.
Average Mintage is 22,000 the Aquatics coin had a mintage of over 31,000
Title: RE: 2006 Commonwealth games 50c sports
Post by: Nevol on September 22, 2014, 02:15:12 PM
OK, just checked and according to my 6th Edition of Krause, the mintage for the Gymnastics coin is 3000 which is the lowest for the ones I can find.

Next lowest is Hockey, with 4082, then Basketball with 5002.  The rest are all over 22000, but there's no mintage figures at all for Squash and Boxing, and even with them I can only find info on 15 coins.

I might have to try to find my Set so I can check up on the 16th coin, or maybe it's not a 'Sport Specific' coin.

The missing sport was Badminton, so no mintage for that either.
   Sport-Mintage
   Aquatics-31702
   Athletics-22475
   Badminton-?
   Basketball-5002
   Boxing-?
   Cycling-22861
   Gymnastics-3000
   Hockey-4082
   Lawn Bowls-22,602
   Netball-22432
   Rugby 7's-24427
   Shooting-21070
   Squash-?
   Table Tennis-22070
   Triathlon-22302
   Weightlifting-22332
Title: RE: 2006 Commonwealth games 50c sports
Post by: eirrab on September 22, 2014, 06:53:32 PM
Thanks, Nevol - it looks like gymastics was the lowest mintage at 3000. Looks like Basketball and hockey were also very low mintage for those who want a complete 50c set
Trout, I have tried it with 3 coins in the last week or so and all were over $100 or close to it.
Maybe I can put a whole set on and see what happens - 16 sports plus the student design
Title: RE: 2006 Commonwealth games 50c sports
Post by: JeffH on September 22, 2014, 07:18:19 PM
Whoops! Got confused about what games we were talking about. Please ignore anything I may have said.
Title: RE: 2006 Commonwealth games 50c sports
Post by: runway on September 23, 2014, 12:09:52 AM
Interesting stuff.
Why were mintages for these different I wonder?
Title: RE: 2006 Commonwealth games 50c sports
Post by: trout on September 23, 2014, 03:48:03 AM
So which source is correct Krause or McDonalds ?
The mintage figures shown on Page 143 21st edition of Macca's is vastly different than as posted by Nevol.
Title: RE: 2006 Commonwealth games 50c sports
Post by: robbiegal on September 23, 2014, 07:42:29 PM
just had a look at that
so does that mean that really those individual mintages are 15,500 less than the total mintage for the carded ones? as 15,500  sets were produced
Title: RE: 2006 Commonwealth games 50c sports
Post by: Nevol on September 23, 2014, 08:33:02 PM
RG, From what I've been able to find out so far, that looks like it might be the case, but maybe I'm missing something.
Title: RE: 2006 Commonwealth games 50c sports
Post by: runway on September 24, 2014, 11:06:04 PM
Quote from: 'robbiegal' pid='59930' dateline='1411467149'just had a look at that
so does that mean that really those individual mintages are 15,500 less than the total mintage for the carded ones? as 15,500  sets were produced

According to Maccas 2014 guide page 143 mintages listed include the 15500 complete folder set.
Gymnastics mintage figure there is 25574 so that equates to 10074 separate carded Gymnastics 50c cards.
I have no idea if these figures are correct,what does Renniks guide have to say?
Title: RE: 2006 Commonwealth games 50c sports
Post by: trout on September 25, 2014, 07:31:02 AM
QuoteAccording to Maccas 2014 guide page 143 mintages listed include the 15500 complete folder set.
 Gymnastics mintage figure there is 25574 so that equates to 10074 separate carded Gymnastics 50c cards.
 I have no idea if these figures are correct,what does Renniks guide have to say?

I have a copy of Rennics that gives a mintage of 25,574 for the gymnastics coin.
Strangely the mintage for the Hocky coin is listed at only 6,261
Title: RE: 2006 Commonwealth games 50c sports
Post by: interest on September 27, 2014, 07:15:48 PM
Quote from: 'eirrab' pid='59862' dateline='1411377812'Thanks, Nevol - it looks like gymastics was the lowest mintage at 3000. Looks like Basketball and hockey were also very low mintage for those who want a complete 50c set
Trout, I have tried it with 3 coins in the last week or so and all were over $100 or close to it.
Maybe I can put a whole set on and see what happens - 16 sports plus the student design

Betcha happy with that.
Title: RE: 2006 Commonwealth games 50c sports
Post by: Nevol on September 28, 2014, 11:01:45 AM
I've just finished trawling through all the RAM Reports that contain mintages for the 2006 Comm Games 50c pieces and I hope you can make sense out of what I've come up with.

This is taken from the only 2 reports that I can find this data in.

(http://www.australian-coins.net/gallery/albums/userpics/10007/RAM_50c_2006_Comm_Games_Mintage_Data.jpg)

(http://www.australian-coins.net/gallery/albums/userpics/10007/RAM_50c_2006_Comm_Games_Mintage_Data_v2.jpg)

This would indicate to me that the 4 sports that have figures much less than the rest are most likely incorrect figures in the RAM Reports as the differences in each case between Maccas and the RAM data just happen to be exactly 15500, which are quantities for the 16 coin sets (18 coin actually, but only 16 Sport ones).

It also appears that Macca has access to more accurate data than what is in the RAM Reports, or have I missed some data for those 4 sports somewhere?  

Now, I don't claim to be any sort of a whiz with figures but this following data is also taken from the same 2 sources and I'm assuming these 18 coin starter sets are in fact the sets we are all familiar with.

(http://www.australian-coins.net/gallery/albums/userpics/10007/RAM_50c_2006_Comm_Games_Mintage_Data_v3.jpg)

The 2 figures for Quantity do add up to 15500.  Great! What the heck are these so called 'pieces' that total 62000?  If it's supposed to be the total number of coins used to compile those 15500 sets, they're only 186000 off the mark! Is there anyone who understands this that can explain this anomaly to me?
Title: RE: 2006 Commonwealth games 50c sports
Post by: Pedro on September 28, 2014, 12:31:05 PM
Nancy - this is all guesswork but in each case the pieces are 4 x the quantity and since that are 4 sport options that are out 15,500 perhaps the starter sets only had 4 coins in them.

Pedro
Title: RE: 2006 Commonwealth games 50c sports
Post by: trout on September 28, 2014, 02:55:31 PM
I was confused when I first read this thread, That confusion has now increased ten fold :angel:
Title: RE: 2006 Commonwealth games 50c sports
Post by: Goldseeker on September 28, 2014, 02:55:34 PM
Nobody has mentioned at all the Coin and Stamp Booklet that contained four coins with stamps.

The coins were Athletics, Swimming, Cycling and Hockey.   (I think).

Would these coins make much difference to the totals?
Title: RE: 2006 Commonwealth games 50c sports
Post by: eirrab on September 28, 2014, 04:17:56 PM
Quote from: 'interest' pid='60083' dateline='1411811148'
Quote from: 'eirrab' pid='59862' dateline='1411377812'Thanks, Nevol - it looks like gymastics was the lowest mintage at 3000. Looks like Basketball and hockey were also very low mintage for those who want a complete 50c set
Trout, I have tried it with 3 coins in the last week or so and all were over $100 or close to it.
Maybe I can put a whole set on and see what happens - 16 sports plus the student design

Betcha happy with that.

Sure! The buyer was very reliable and paid straight away - that is how I like ebay sales!

Thanks for all the hard work in getting more accurate mintages, Nevol
Goldseeker raised another important point - how many of the stamp / 4 coin booklets were produced?

That still has me puzzled as to why the gymnastics is selling for such a high price. I can't be only to do with mintages
Title: RE: 2006 Commonwealth games 50c sports
Post by: robbiegal on September 28, 2014, 10:37:13 PM
? popularity of gymnastics might also make the coin more desirable?
Title: RE: 2006 Commonwealth games 50c sports
Post by: runway on September 28, 2014, 11:14:05 PM
Excellent research everyone thank you this topic is intruiging
Title: RE: 2006 Commonwealth games 50c sports
Post by: Nevol on September 29, 2014, 08:26:24 AM
Quote from: 'Pedro' pid='60098' dateline='1411873265'Nancy - this is all guesswork but in each case the pieces are 4 x the quantity and since that are 4 sport options that are out 15,500 perhaps the starter sets only had 4 coins in them. Pedro
In both RAM Reports the sets  are referred to as 18 coin set uncirculated starter, so I assumed they contained 18 coins, but the assumption may be wrong. I guess if they contained 18 coins, they would have been a complete set, not a starter set, so good thinking Pedro. :good:

Quote from: 'trout' pid='60105' dateline='1411881931'I was confused when I first read this thread, That confusion has now increased ten fold :angel:
Hey, just because I'm the author doesn't mean I understand it all.  Clear as mud and unfortunately, getting murkier. :winkextra:

Quote from: 'Goldseeker' pid='60106' dateline='1411881934'Nobody has mentioned at all the Coin and Stamp Booklet that contained four coins with stamps. The coins were Athletics, Swimming, Cycling and Hockey. (I think). Would these coins make much difference to the totals?
Dunno Goldie I'll see what else, if anything, I can find out about them, didn't even know they existed. :whistle2:

Quote from: 'eirrab' pid='60113' dateline='1411886876'Goldseeker raised another important point - how many of the stamp / 4 coin booklets were produced?  
Bugger, looks like another trawling session with the RAM reports. :dash1:

If anyone has any specific info relating to this subject, please post it so we may all become more informed. :acute:
Title: RE: 2006 Commonwealth games 50c sports
Post by: notcb on September 29, 2014, 02:20:14 PM
Greetings,

FWIW, the starter pack had 6 of the coins - see page 11 of http://www.ramint.gov.au/designs/purchase/downloads/mintissue61.pdf

Cheers

Peter  (notcb)
Title: RE: 2006 Commonwealth games 50c sports
Post by: notcb on September 29, 2014, 03:54:41 PM
Of those 6 coins, four were sports  -  Basketball, Hockey, Shooting and Weightlifting   all minted in early 2005 and noted in the 2004-2005 Annual Report.   Other sports were added later in 2005 and hence their mintages appear in the 2005 - 2006 Annual Report.

Cheers

Peter  (notcb)
Title: RE: 2006 Commonwealth games 50c sports
Post by: notcb on September 29, 2014, 05:19:48 PM
The combined figures that Nevol tabled make sense.

The starter pack had the 4 coins  - 15500 starter packs.  

Over time, the other coins were produced and 15500 added to the starter packs.

The additional 5000 - 7000 coins were the individual carded ones sold separately.

(Plus the ones that Goldie mentioned in the APO 4 coin set.   This set of 4 coins CYCLING, HOCKEY, ATHLETICS and AQUATICS and various stamps was released by APO in January 2006 - details are on page 11 of
http://shop.auspost.com.au/INTERSHOP/static/WFS/AusPost-Shop-Site/-/AusPost-Shop/en_AU/assets/document/1271805244-bull282.pdf     item 1485302 for $24.95)
 
So with the exception of the Aquatics one which stands around 31,000, all the other coins were around the 21000 to 22000 mark.

Of which 15500 are held in the special album.

So the initial query on the Gymnastics coin - about 7000 free to be sold - not a particularly rare coin, yet able to attract a good selling price.

Obviously some collectors are beginning to realise that a complete set of 50cent coins is going to require a considerable outlay of what are relatively scarce coins, compared with other NCLT carded coins related to Royals and other events.

Cheers

Peter  (notcb)
Title: RE: 2006 Commonwealth games 50c sports
Post by: trout on September 29, 2014, 08:13:36 PM
QuoteObviously some collectors are beginning to realise that a complete set of 50cent coins is going to require a considerable outlay of what are relatively scarce coins, compared with other NCLT carded coins related to Royals and other events.

HeHe , Been there done that with the 25mm dollar coins.
When I get my breath back I will attempt to fill the gaps in my 50 cent collection :good:
Title: RE: 2006 Commonwealth games 50c sports
Post by: Goldseeker on September 29, 2014, 08:28:41 PM
I have a complete set of the 50c pieces.   Been there, done that.............
Title: RE: 2006 Commonwealth games 50c sports
Post by: runway on September 29, 2014, 10:31:34 PM
Excellent,great research notcb and everyone :)
Title: RE: 2006 Commonwealth games 50c sports
Post by: interest on September 29, 2014, 11:31:26 PM
Quote from: 'trout' pid='60157' dateline='1411987416'
QuoteObviously some collectors are beginning to realise that a complete set of 50cent coins is going to require a considerable outlay of what are relatively scarce coins, compared with other NCLT carded coins related to Royals and other events.

HeHe , Been there done that with the 25mm dollar coins.
When I get my breath back I will attempt to fill the gaps in my 50 cent collection :good:
Will you be getting all of them slabbed?
Title: RE: 2006 Commonwealth games 50c sports
Post by: trout on September 30, 2014, 04:24:45 AM
QuoteWill you be getting all of them slabbed?

I have a submission of 100 coins at PCGS at the moment and intend to get the rest of them done in due time :ok:
Title: RE: 2006 Commonwealth games 50c sports
Post by: Nevol on September 30, 2014, 07:32:25 AM
Thanks for all that info Peter (notcb)! :good: