Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Decimal NCLT => Topic started by: kchan1111 on November 20, 2015, 08:38:18 AM

Title: What's the deal with 2013-P $1 Platypus Map?
Post by: kchan1111 on November 20, 2015, 08:38:18 AM
According to PCGS population, they graded 160 MS70 and 81 MS69 for the 2013-P $1 Platypus Map.

http://www.pcgs.com/pop/detail.aspx?c=5078&p=MS&t=3

Why so many sent in for grading?!??

:huh:
Title: RE: What's the deal with 2013-P $1 Platypus Map?
Post by: trout on November 20, 2015, 08:46:10 AM
Quote from: 'kchan1111' pid='81685' dateline='1447970898'According to PCGS population, they graded 160 MS70 and 81 MS69 for the 2013-P $1 Platypus Map.

http://www.pcgs.com/pop/detail.aspx?c=5078&p=MS&t=3

Why so many sent in for grading?!??

:huh:

These are pretty much just bullion coins and it looks like a coin promotor has submitted 200 coins in a bulk submission, This happens quite often in the US. :ok:
This is done so that they can be promoted as "First Strike" etc
No wonder the submission times blow out with this sort of thing bogging the system down :angel:
Title: RE: What's the deal with 2013-P $1 Platypus Map?
Post by: kchan1111 on November 20, 2015, 09:58:23 AM
Why bother if it's treated as bullion? Is there more silver/gold in MS70 than MS69? Or is it just proving that it is not fake?
Title: RE: What's the deal with 2013-P $1 Platypus Map?
Post by: trout on November 20, 2015, 10:18:42 AM
Quote from: 'kchan1111' pid='81690' dateline='1447975703'Why bother if it's treated as bullion? Is there more silver/gold in MS70 than MS69? Or is it just proving that it is not fake?

Normally a grade of MS70 or PR70 on an Australian coin will bring a strong premium because they are as scarce as Hens Teeth and bloody hard to find But with 160 of these at this grade I don't think the premium will be very much at all :ok:

This particular coin IMHO  is simply a marketing strategy .
Title: RE: What's the deal with 2013-P $1 Platypus Map?
Post by: kchan1111 on November 20, 2015, 11:38:55 AM
Out of 177 MS70 $1 ever graded by PCGS, 160 is this Platypus thingy.
Title: RE: What's the deal with 2013-P $1 Platypus Map?
Post by: runway on November 21, 2015, 09:28:42 PM
PCGS #:523017
Submitter was probably this Yanker
http://www.ebay.com.au/itm/like/201443203090?limghlpsr=true&hlpht=true&ul_noapp=true&hlpv=2&chn=ps&lpid=107&ops=true&viphx=1