Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Decimal NCLT => Topic started by: trout on April 28, 2013, 01:10:55 PM

Title: Granny bait or collectables
Post by: trout on April 28, 2013, 01:10:55 PM
I have a few NCLT coins, Masterpieces in silver etc.
I know they are not true coins as in the sense that they will never circulate.
What is your opinion on these type of coins.
[attachment=1782][attachment=1781][attachment=1780][attachment=1783]
Title: RE: Granny bait or collectables
Post by: stevo1962 on April 28, 2013, 01:14:59 PM
Not really my cup of tea but each to their own
Title: RE: Granny bait or collectables
Post by: enworb on April 28, 2013, 01:26:19 PM
I grab the ones with nice reverses or those that relate to a topic im interested in. Beyond that they are of little interest to me.

Very nice collection though!!!
Title: RE: Granny bait or collectables
Post by: robbiegal on April 28, 2013, 01:41:05 PM
they look pretty good in the 2x2's
much easier to have a look see
 even though I love the designs, I get bored with the ones I've had in the boxes just hidden in cupboards, so I just sell on to the hubby,
he always gets a good deal too

question
how do you open them - aren't the cases sealed closed?
Title: RE: Granny bait or collectables
Post by: JeffH on April 28, 2013, 01:52:55 PM
Quotehow do you open them - aren't the cases sealed closed?
Trout's a master cracksman/ break and enter exponent.:yahoo:
Title: RE: Granny bait or collectables
Post by: trout on April 28, 2013, 01:59:13 PM
Quote from: 'robbiegal' pid='13188' dateline='1367122265'they look pretty good in the 2x2's
much easier to have a look see
 even though I love the designs, I get bored with the ones I've had in the boxes just hidden in cupboards, so I just sell on to the hubby,
he always gets a good deal too

question
how do you open them - aren't the cases sealed closed?

the capsules are only pressed together :ok:
I simply insert a sharp knife where the 2 side's of the capsule join an twist.
Voilà the coin is freed :wavemulticolor:
I still have a heap of coins in their display boxes and will be adding these to my Granny bait collection albums :diablo: :dance:
Title: RE: Granny bait or collectables
Post by: robbiegal on April 28, 2013, 02:08:05 PM
thanks
i'll give it a go and see if I can severe my hand off

the aussie kangaroo & koala silver coins are sold world wide
a touch better than granny bait, i'd reckon
Title: RE: Granny bait or collectables
Post by: trout on April 28, 2013, 02:17:59 PM
Quote from: 'robbiegal' pid='13193' dateline='1367123885'thanks
i'll give it a go and see if I can severe my hand off

the aussie kangaroo & koala silver coins are sold world wide
a touch better than granny bait, i'd reckon

Most of the $5 silver coins are 36.31 grams compared to the 31 grams in the 1oz coins :ok:
10 koalas give 10 Oz silver and 10 $5 coins gives you nearly 12 Oz silver.
I started off buying these as a purely bullion collection but have since gotten carried away and have bought heaps of different coins and sets :dash1:
Title: RE: Granny bait or collectables
Post by: robbiegal on April 28, 2013, 02:26:17 PM
I think that they are beautiful coins

they look great and yes, they can carry an intrinsic silver value too

just the same as all my pennies have an intrinsic copper bullion value
which at times is in the high $7 per kilo! - I've done alright taking some of my shrapnel penny lots to the scrap metal guys here
Title: RE: Granny bait or collectables
Post by: Goldseeker on April 28, 2013, 09:03:22 PM
The collection looks good Trout but I would have left them in the capsules and original packaging.   I trust you still have the original packaging?
Title: RE: Granny bait or collectables
Post by: trout on April 28, 2013, 09:05:36 PM
Quote from: 'Goldseeker' pid='13246' dateline='1367148802'The collection looks good Trout but I would have left them in the capsules and original packaging.   I trust you still have the original packaging?

Yes I have a big Packing box Full of clamshell etc :angel:
Title: RE: Granny bait or collectables
Post by: ausjack on April 29, 2013, 11:28:29 AM
Granny, and they're getting worse all the time. What other eye catching BS can we come up with next..only good as a block of silver and that's the only reason I have a couple of the 2012 1oz chunks :good:
Title: RE: Granny bait or collectables
Post by: ausjack on June 20, 2013, 06:59:50 AM
well lookin at most of the posts over the last week or so and granny bait is comin hard and fast so seems to be what collectors/people want so why wouldn't the mint go mad pumpin them out like there's no tomorrow :whistle2:

:stop: the press, new coin on the production line right now, "The Royal Baby" is this next and not far away :whistle2:
Title: RE: Granny bait or collectables
Post by: Fulvio on June 20, 2013, 08:50:00 AM
Quote from: 'ausjack' pid='18673' dateline='1371677390'why wouldn't the mint go mad pumpin them out like there's no tomorrow

Quite right. Except, of course, they're supposed to be a MINT, not a Souvenir Factory!

Who is really being served by flogging off overpriced junk to unsuspecting victims? Sooner or later the penny will drop that its crap, they'll dump it (so we can buy at half issue price of course), and abandon a great hobby, never having found what its really all about.

But there's always more suckers where they came from, right? :dash1:
Title: RE: Granny bait or collectables
Post by: ausjack on June 20, 2013, 08:58:59 AM
:agreed:
Title: RE: Granny bait or collectables
Post by: Mister T on June 20, 2013, 11:00:56 AM
Quote from: 'Fulvio' pid='18678' dateline='1371684000'Who is really being served by flogging off overpriced junk to unsuspecting victims?

The government I assume. But whoever runs the mint looks good when there's a profit too.
Title: RE: Granny bait or collectables
Post by: lacey on June 20, 2013, 11:09:51 AM
OK so they are considered junk by a few but, what else would we do if it weren't for collecting the lovely coins.
Title: RE: Granny bait or collectables
Post by: ausjack on June 20, 2013, 11:36:08 AM
making woodwork is the cleanest answer I can come up with at this hour :winkextra:
Title: RE: Granny bait or collectables
Post by: Fulvio on June 20, 2013, 01:28:54 PM
Quote from: 'lacey' pid='18685' dateline='1371692391'...but, what else would we do if it weren't for collecting the lovely coins.

Finding PROPER collectible coins, for starters. ;)
Title: RE: Granny bait or collectables
Post by: stevo1962 on June 20, 2013, 01:53:57 PM
Yeah real coins are a better option
Title: RE: Granny bait or collectables
Post by: robbiegal on June 20, 2013, 06:16:10 PM
the RAM is a business and now they compete with the Perth Mint and might I add, very aggressively at that
Title: RE: Granny bait or collectables
Post by: ausjack on June 20, 2013, 08:38:05 PM
yeah and don't forget about this lot :mocking:

(http://i40.tinypic.com/scdtgl.jpg)
Title: RE: Granny bait or collectables
Post by: robbiegal on June 20, 2013, 08:45:27 PM
Quote from: 'ausjack' pid='18766' dateline='1371726485'yeah and don't forget about this lot :mocking:


(http://i40.tinypic.com/scdtgl.jpg)
hummm

but apparently it is on par with the aussie dollar
don't think you'd get $10 at the bank though
Title: RE: Granny bait or collectables
Post by: ausjack on June 20, 2013, 08:56:50 PM
I'm bloody sure ya wouldn't robbie..but they'd have a good laugh at you if you tried :)
Title: RE: Granny bait or collectables
Post by: Mister T on June 20, 2013, 09:11:16 PM
Quote from: 'robbiegal' pid='18768' dateline='1371726927'don't think you'd get $10 at the bank though

I think they know that, which is why they say you can cash it in from Macquarie Mint.
Title: RE: Granny bait or collectables
Post by: interest on June 20, 2013, 10:58:57 PM
Quote from: 'trout' pid='13183' dateline='1367120455'I have a few NCLT coins, Masterpieces in silver etc.
I know they are not true coins as in the sense that they will never circulate.
What is your opinion on these type of coins.


I used to love the FINE SILVER SETS, they are magnificent BUT..they become way to expensive.
I have the 2003 thru 2007 gave them up. Never bought them as an investment, but never bought them to lose half of their retail value either. I spent over $1,000.00 just on them. Wish I had that grand in my pocket now.
But having said that they are beautifully presented.
Title: RE: Granny bait or collectables
Post by: trout on June 20, 2013, 11:07:17 PM
Quote from: 'interest' pid='18776' dateline='1371734937'
Quote from: 'trout' pid='13183' dateline='1367120455'I have a few NCLT coins, Masterpieces in silver etc.
I know they are not true coins as in the sense that they will never circulate.
What is your opinion on these type of coins.


I used to love the FINE SILVER SETS, they are magnificent BUT..they become way to expensive.
I have the 2003 thru 2007 gave them up. Never bought them as an investment, but never bought them to lose half of their retail value either. I spent over $1,000.00 just on them. Wish I had that grand in my pocket now.
But having said that they are beautifully presented.

The fine silver sets in my opinion are NOT in the granny bait mob.
They are simply (to me) beautifully made standard issue coins but struck in silver.
They are exquisite coins and faultless proofs.
I have just started to collect these sets and now have 5 for an average cost of $150 each, not too high a price to pay in my opinion :good:
Title: RE: Granny bait or collectables
Post by: interest on June 20, 2013, 11:10:38 PM
Quote from: 'robbiegal' pid='18768' dateline='1371726927'
Quote from: 'ausjack' pid='18766' dateline='1371726485'yeah and don't forget about this lot :mocking:


(http://i40.tinypic.com/scdtgl.jpg)
hummm

but apparently it is on par with the aussie dollar
don't think you'd get $10 at the bank though

here's one guys experience.
 http://www.youtube.com/watch?v=jcY_Tq1bgug
Title: RE: Granny bait or collectables
Post by: Fulvio on June 21, 2013, 01:15:32 AM
The sad part is, neither the guy in the video, nor any of the commenters, are actual collectors. But they might have been, if not for being conned. So Downies, and to a lesser extent the real mints, are doing numismatics a disservice by killing off interest in this way.
Title: RE: Granny bait or collectables
Post by: ausjack on June 21, 2013, 08:19:53 AM
:ireful: yeah that's right Fulvio so rally the troops mate it's time to burn it down..viva la revelation :focus: :mocking:
Title: RE: Granny bait or collectables
Post by: b_j_w_79 on June 21, 2013, 12:31:22 PM
Quote from: 'interest' pid='18778' dateline='1371735638'
Quote from: 'robbiegal' pid='18768' dateline='1371726927'
Quote from: 'ausjack' pid='18766' dateline='1371726485'yeah and don't forget about this lot :mocking:


(http://i40.tinypic.com/scdtgl.jpg)
hummm

but apparently it is on par with the aussie dollar
don't think you'd get $10 at the bank though

here's one guys experience.
 http://www.youtube.com/watch?v=jcY_Tq1bgug

I thought about buying one of these and just having a look but I decided against it. I would have put the results up for everybody but the guy on youtube has done the work. Still interesting all of the gimmicks they come up with.