i collect coins for investment and for the satisfaction to have a full series of all $1 coins issued in Australia, this includes the two Canberra RAM public gallery presses which give a slightly different result as the dies are not exactly identical.
But I have a dilemma, the new 2015 alphabet series seems a bit of a stretch, it is not same as collecting the different privy marks and counterstamps. they resemble more of a Perth Mint medal than a variation of the circulation coins because of the frosting and highly polished surface. what do you think? is this alphabet series going to be worth collecting?
Quote from: '5 rubles' pid='66635' dateline='1423290819'i collect coins for investment and for the satisfaction to have a full series of all $1 coins issued in Australia, this includes the two Canberra RAM public gallery presses which give a slightly different result as the dies are not exactly identical.
But I have a dilemma, the new 2015 alphabet series seems a bit of a stretch, it is not same as collecting the different privy marks and counterstamps. they resemble more of a Perth Mint medal than a variation of the circulation coins because of the frosting and highly polished surface. what do you think? is this alphabet series going to be worth collecting?
Tough call, Investment reasons?? maybe not but to have the satisfaction of the full set of $1 I think you are going to have to. As they are still a $1 coin by the RAM. And a 25mm $1 coin at that. Where as none of the Perth mint are that size. well I don't think they are anyway. I say get it. I think once you have alongside the rest of the $1 coins you will be happy you did.
Investment ... yes, one day in retirement i will sell them and buy a caravan... :), I may have to wait 20 years though.
There are two ways to look at the purchasing of this Silver Alphabet set of coins at a cost of $1,170.00.
First, if one is collecting ALL Silver proof , 25 mm coins then this set must be part of that collection. But be warned the box it comes in is large as compared to previous 25 mm Silver proof issues.
The other reason is for investment and later re-sale value hopefully at a profit. Now I am a firm believer that if one just gets the set to complete ones collection and later for sale, that the sale will not achieve the goal. But if one was able to get the full set with MATCHING Serials on the Certificate's Of Authenticity, then one could be on a winner.
I believe that only other set where one could get the same numbered COA was the Past, Present and Future coin set that was issued over a period of three years.
To have a set of 26 coins with matching serials on the COA then that is something.
I will receive just that over the next ten days and when received I shall scan the COA to show you.
I have a complete 25mm Al br UNC dollar set (incl packyboxitis) up to and not including the alphabet coins. The buck stops here!
Quote from: 'Goldseeker' pid='66638' dateline='1423293554'There are two ways to look at the purchasing of this Silver Alphabet set of coins at a cost of $1,170.00.
First, if one is collecting ALL Silver proof , 25 mm coins then this set must be part of that collection. But be warned the box it comes in is large as compared to previous 25 mm Silver proof issues.
The other reason is for investment and later re-sale value hopefully at a profit. Now I am a firm believer that if one just gets the set to complete ones collection and later for sale, that the sale will not achieve the goal. But if one was able to get the full set with MATCHING Serials on the Certificate's Of Authenticity, then one could be on a winner.
I believe that only other set where one could get the same numbered COA was the Past, Present and Future coin set that was issued over a period of three years.
To have a set of 26 coins with matching serials on the COA then that is something.
I will receive just that over the next ten days and when received I shall scan the COA to show you.
So what you are saying Goldseeker, best to buy the collection in one set rather than individual coins over time?
I may then have to get the complete collection in a case or whatever carrier it comes in. i was referring to the AlBr UNC rather than the silver collection. that raises another question; is the profit margin historically better in silver than AlBr?
Quote from: 'purplepennyhunter' pid='66649' dateline='1423305608'I have a complete 25mm Al br UNC dollar set (incl packyboxitis) up to and not including the alphabet coins. The buck stops here!
This is another interesting point, what is actually considered as "complete collection"? will it include all the mintmarks and privy marks or just each type of coin? i have seen both, depending on what the person believes is a complete collection.
Quote from: 'Goldseeker' pid='66638' dateline='1423293554'There are two ways to look at the purchasing of this Silver Alphabet set of coins at a cost of $1,170.00.
First, if one is collecting ALL Silver proof , 25 mm coins then this set must be part of that collection. But be warned the box it comes in is large as compared to previous 25 mm Silver proof issues.
The other reason is for investment and later re-sale value hopefully at a profit. Now I am a firm believer that if one just gets the set to complete ones collection and later for sale, that the sale will not achieve the goal. But if one was able to get the full set with MATCHING Serials on the Certificate's Of Authenticity, then one could be on a winner.
I believe that only other set where one could get the same numbered COA was the Past, Present and Future coin set that was issued over a period of three years.
To have a set of 26 coins with matching serials on the COA then that is something.
I will receive just that over the next ten days and when received I shall scan the COA to show you.
Did you buy the silver set as well, goldie.
Just my two cents worth but the advise I have given my clients over the years has worked pretty well. Investing in modern nclt is really hit and miss. The trouble, as I see it is both mints come up with a theme that might have a number of denominations and even different metal content. After a few years the bean counters determine that a silver proof or a half ounce coin isn't selling too well so they drop it from the series. This really upsets the collectors who have supported the particular series or denomination since the issues inception. On the other hand the issuing authorities will take a popular theme such as the dollar series and kick the hell out of it. Add up the proof and unc issues in silver, aluminium bronze, gold and cupro nickel and you have well over 120 different designs produced in just two years. This must be trying the patience and the budget of even the most loyal $ supporters such as Trout.
Yes there are going to be the odd rarity in this amount of issues but how will you know. We all know that among every field of horses in the MElbourne cup there is at least one winner. It's deciding which one is determined by extensive research or sheer luck.
I've found that investors have to think differently than collectors. Investors have to concentrate on just the key dates.... And forget the full collection.
A full set of coins or banknotes is going to soak up a lot of your capital and contain a lot of common material that isn't going to increase in value anytime soon.
It's human nature for people to want to fill as many spaces as possible in their album. That's Ok. I've lost count of the number of penny collections I been shown that have every date and mint mark .... Except the 1930 penny.
That's the difference. The investor will only buy the key date or dates of every series. The rest is only padding.
Regards
Greg
Point well made Greg.
Value of a collectible item depends on condition and rarity. The high value ones are the most likely to show biggest increase in value over time as people strive to complete sets. [Not just coins either.]
I think most members here are not primarily motivated by the profit potential -that is a welcome bonus if they ever sell up.
I have a penny album with just one gap. If anyone cares to send me a 1930 penny I will send them all the rest and start again for them. Any takers? Didn't think so.
My halfpenny set has a few gaps but will probably end up the same way too. (Please feel free to add a spare 1923 when you send me the 1930 penny. :winkextra:)
I may then have to get the complete collection in a case or whatever carrier it comes in. i was referring to the AlBr UNC rather than the silver collection. that raises another question; is the profit margin historically better in silver than AlBr?
The answer is simple on that one. As Greg put it hit and miss. The silver is the miss. Most can be picked up at half issue price. Not exactly a great investment. Albr has more potential, E.g is the new ampelmann Privy with a low 5000 mintage. They are less of a cost to get so your not tied up as much. But you must make a decision? Collector or Investor? Your trying to complete a collection and doing so may have to take a hit. The collector instinct has no care for premiums and returns. Buying new coins for investment is like playing the stock market. If you want to invest choose something that is proven. That's just my opinion.
Quote from: 'Oldcoinchest' pid='66658' dateline='1423341560'I may then have to get the complete collection in a case or whatever carrier it comes in. i was referring to the AlBr UNC rather than the silver collection. that raises another question; is the profit margin historically better in silver than AlBr?
The answer is simple on that one. As Greg put it hit and miss. The silver is the miss. Most can be picked up at half issue price. Not exactly a great investment. Albr has more potential, E.g is the new ampelmann Privy with a low 5000 mintage. They are less of a cost to get so your not tied up as much. But you must make a decision? Collector or Investor? Your trying to complete a collection and doing so may have to take a hit. The collector instinct has no care for premiums and returns. Buying new coins for investment is like playing the stock market. If you want to invest choose something that is proven. That's just my opinion.
That is my "undergraduated" opinion too Oldcoinchest, apart from few winners, the silver and Perth mint coins are not as popular as the standard AlBr 25mm dollar coins, I guess because of their higher purchase price. And as anything the value of the item is determined by rarity and market, what ever someone is prepared to pay for it. Even the AlBr coins do not appreciate much until 10+ years. According to my collection database the $1 AlBr value from 1984 to 2015 has doubled if I compare what I have paid for the coins and what they are worth according to G McDonald's list, 20th edition. I believe the last 5 years have been quite slow in value increase so I am awaiting for the BIG BOOM.
Then some coins will never be much value, most of the pre decimals are not worth much and some are almost 100 years old. I can even buy old Roman empire coins for $40, they are almost 2000 years old so having the key dates are important in investment.
Good points made. For my money (sorry about that) I don't think you can beat the annual mint or proof baby sets. Very affordable and comparatively low mintage. Just look at the rise in price of the early sets. Success of this series is that you have a huge market way beyond collectors. I'm predicting another spike in price as these sets turn 21.
I agree that you should collect for enjoyment, but .................
Cheers greg
Collecting vs investment. My thinking is that I will not leave anything for the kids to spend, they already have more than I had at their age. So one day I am going to sell my collection but in the mean time I am also enjoying collecting it.
When i look at some of the old sets like the Eureka of 2004, I went through a lot of trouble getting all the mintmarks. Now they are doubled in value.
How quickly 10 years go....
QuoteI have a complete 25mm Al br UNC dollar set (incl packyboxitis) up to and not including the alphabet coins. The buck stops here!
:agreed:
I did however purchase a set of the ali/bronze coins just out of sheer curiosity.
These have been delegated to the "Ho Hum" drawer in one of my filing cabinets along with other coins of this ilk like the 2000 Sydney Olympics $5 coin set.
Trout is good with expressive terms; "Granny Bait" and now "Ho Hums"!
I have a container of those $5 Ho Hums and they will pop up on eBay when I get around to sorting them into lots.
Quote from: 'interest' pid='66652' dateline='1423311962'Quote from: 'Goldseeker' pid='66638' dateline='1423293554'There are two ways to look at the purchasing of this Silver Alphabet set of coins at a cost of $1,170.00.
First, if one is collecting ALL Silver proof , 25 mm coins then this set must be part of that collection. But be warned the box it comes in is large as compared to previous 25 mm Silver proof issues.
The other reason is for investment and later re-sale value hopefully at a profit. Now I am a firm believer that if one just gets the set to complete ones collection and later for sale, that the sale will not achieve the goal. But if one was able to get the full set with MATCHING Serials on the Certificate's Of Authenticity, then one could be on a winner.
I believe that only other set where one could get the same numbered COA was the Past, Present and Future coin set that was issued over a period of three years.
To have a set of 26 coins with matching serials on the COA then that is something.
I will receive just that over the next ten days and when received I shall scan the COA to show you.
Did you buy the silver set as well, goldie.
That is what I am saying above. yes, I have bought the Silver set with all the COA being the same number. I also have the complete carded Alu-Br set as well.
PPH: You say you have a complete Alu-Br 25mm coins including the Privy, Mint and Counterstamps in original packaging, as I have as well.
Now, have you ordered the Berlin Money Fair 25mm Alum-Br with the special "Ampelmann Privy"?
perhaps a bit off the original posting subject but how do you guys see the RAM public gallery minted coins in your collection? Are they must have pieces or not so important?
Quote from: '5 rubles' pid='66671' dateline='1423366718'perhaps a bit off the original posting subject but how do you guys see the RAM public gallery minted coins in your collection? Are they must have pieces or not so important?
I am a firm believer that they are a "MUST".
They change on the 01 Jan every year and are not seen again.
The only other set that will contain the "C" Mint Mark are the four coin Mint/Privy Set.
If one is collecting a "full set" of alum-br 25 mm coins, then they are a must.
My opinion that has not changed since I started coin collecting and most probably will not change in the near future.
TO JEFFH
Enjoying your contributions and I also share your interest in "The Bard." I'm not so much a fan of the plays which were basically beaten into me at school. However I have enjoyed a number of books that put up fairly convincing arguments that Marlowe or Bacon were the real authors of many of the best works and that the Shakespeare of London was a completely different bloke to the gent of the same name that is buried in Stratford Upon Avon. I've been to Stratford on Avon. First time as tourist who believed everything I read. Second time as a more cynical history student. I went to the actual spot where he was buried and there is absolutely nothing contemporary to suggest he was a famous playwright. In fact over his name is a guild logo that indicated that the prone gent under the stone slab was a grain merchant. I was also interested learn from a church guide that two of his daughters were never taught to read or write. That seems a bit weird to me. Having said that, the Shakespeare buried in Stratford Upon Avon (or someone else) did show some promise as a poet.
For a few quid you could purchase a charcoal rubbing of his headstone. I still have the rubbing which reads (including the spelling).
Good friend, for Jesus' sake forebeare
To digg the dust enclosed heare;
Bleste be the man that spares thes stones,
And curst be he that moves my bones
Appears you could get laid (buried that is) in the church after slipping the local priest an appropriate bribe. It was a pretty lucrative business and as the available space filled out, it was the usual practice to sling out the bones of older residents.
Shakespeare wasn't having any of that and the curse above has done the job for the past 500 years.
I know this has absolutely nothing to do with coins but, as a fellow, admirer (whoever he was) I thought you might find this interesting.
Cheers
Greg
Quote from: 'Goldseeker' pid='66668' dateline='1423364862'PPH: You say you have a complete Alu-Br 25mm coins including the Privy, Mint and Counterstamps in original packaging, as I have as well.
Now, have you ordered the Berlin Money Fair 25mm Alum-Br with the special "Ampelmann Privy"?
It's 100% complete minus the HMAS II Sydney VIP folder (which I know you have and is the only one I know of) if I need to be exact. Not buying the Amplemann privy because I am done as of the alphabet dollars. It's good not to "have" to buy something because they make me. I can buy just what I like now. Like I said, the buck stops here!
I had thought in the past that even if your "investment" in buying the coins at issue price didn't appreciate you would always get your original outlay back. But decimal "ramshit" as I call it has taken a huge downturn of late with many many issues selling far less than their original issue price I'd rather have a few pretty pennies thankyou.
Quote from: 'purplepennyhunter' pid='66676' dateline='1423369694'...... decimal "ramshit" as I call it ........
Did some fair maiden call ......
(http://www.australian-coins.net/gallery/albums/userpics/11067/rog.jpg)
..... oh, silly me, you said ramsh!t ..... :angel:
:laugh2:
Pedro
All my dollars are 25mm Aluminum bronze -mostly circulated but some NCLT counterstamps and suchlike (only RAM).
I can't see much point in some of the "Granny Bait" type issues.
Talking of taking a loss; I gave my grandsons baby sets (their birth year) for their first birthdays and picked them up at a much lower price than the original issue price.
That is the way to go with that sort of thing, I say.
Greg,
I made a lot of rubbings on a trip to England years ago and remember visiting Stratford-upon-Avon. I can't, for the life of me remember if I have that one -must dig them out and have a look. Planned to return there a few years ago and had a canal boat booked but that was cancelled -ended up in Scotland instead.
Good to see one of my signatures has prompted a response. I tend to change it whenever I come across something in my reading that tickles my fancy.
Jeff
I have a very pessimistic view of RAM releases as "investments". There are far too many of them, the coin collecting market is now flooded in my opinion. I think very few releases will maintain a value above issue price.
Having said that I am attracted to buying the Alphabet series for my kids. We live overseas and it's a good way to learn about Australian animals and English!!
They are still a little young but over the next year or two I am hoping the price for a full set comes down a bit and I'll buy the 26 pieces.
Thanks for your comment/response PPH.
I have just posted my latest in my Gallery where one can view the Certificates Of Authenticity and a scan on each of the Silver Alphabet Coins
Both the Silver and Alum-Br Sets are up for a look see.
Quote from: 'Goldseeker' pid='66709' dateline='1423464374'Thanks for your comment/response PPH.
I have just posted my latest in my Gallery where one can view the Certificates Of Authenticity and a scan on each of the Silver Alphabet Coins
Both the Silver and Alum-Br Sets are up for a look see.
Can you put the images of the silver abc coins on the 25mm dollar coins thread Bruce.
i dont have these
Quote from: 'dreamcatcher' pid='66708' dateline='1423461150'I have a very pessimistic view of RAM releases as "investments". There are far too many of them, the coin collecting market is now flooded in my opinion. I think very few releases will maintain a value above issue price.
Having said that I am attracted to buying the Alphabet series for my kids. We live overseas and it's a good way to learn about Australian animals and English!!
They are still a little young but over the next year or two I am hoping the price for a full set comes down a bit and I'll buy the 26 pieces.
Buy them a DVD much better value, & they will learn more.
Quote from: 'trout' pid='66710' dateline='1423469867'Quote from: 'Goldseeker' pid='66709' dateline='1423464374'Thanks for your comment/response PPH.
I have just posted my latest in my Gallery where one can view the Certificates Of Authenticity and a scan on each of the Silver Alphabet Coins
Both the Silver and Alum-Br Sets are up for a look see.
Can you put the images of the silver abc coins on the 25mm dollar coins thread Bruce.
i dont have these
Rather than jam up the viewing here, have a look at my Gallery. They are all in there.
If you want me to do the following and take up a lot of viewing, then here goes:
(http://www.australian-coins.net/gallery/albums/userpics/10120/2015-02-10_09-39-40_2060.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/A_Alphabet.jpg)
(http://www.australian-coins.net/gallery/albums/userpics/10120/B_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/C_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/D_Alphabet.jpg)
(http://www.australian-coins.net/gallery/albums/userpics/10120/E_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/F_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/G_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/H_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/I_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/J_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/K_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/L_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/M_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/N_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/O_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/P_Alphabet.jpg)
(http://www.australian-coins.net/gallery/albums/userpics/10120/Q_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/R_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/S_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/T_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/U_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/V_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/W_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/X_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/Y_Alphabet.jpg)(http://www.australian-coins.net/gallery/albums/userpics/10120/Z_Alphabet.jpg)
I'm not a fan of colour pad print coins especially in off metal strikes
The J is the most commonly purchased as J is the most common initial of anyones name
Hey Goldie, What is the critter for 'V'? Looks like a beetle of some sort.
I might have found it - Variable Ladybird?
I have been thinking about the investment vs collecting for pleasure for some months now. I have been collecting all sorts of coins all my life and in the last 10-15 years concentrated on new decimals, partly for investment because they are easier to value being all UNC. But it has not given me much collecting pleasure, i just buy the coin and put in in my folder.
But the pre decimals give me collecting pleasure, going through the coins I have sold some and buy a better quality coin. And what is best there is not that overwhelming number of coins compared to decimal UNCs.
So for now I have stopped collecting decimal coins and started going through my silver pre decimals, they are beautiful coins to look at and the history behind them as well, interesting.