The Rare Coin Company debacle

Started by kchan1111, February 13, 2017, 10:30:05 PM

Previous topic - Next topic

0 Members and 0 Guests are viewing this topic.

Print
Go Down Pages 1 ... 8 9 10
User actions

JeffH

#135
March 28, 2017, 05:09:53 PM
QuoteNow all of you bow down before me. :Yahoo: :Yahoo: :Yahoo: :Yahoo: :Yahoo:
I found an app to determine the direction of Mecca but...where is the app to determine the direction of MarkN? I would hate to accidentally moon you when I intended to bow down toward you!
Thinking is dangerous, it makes you think. That\'s why many people avoid it.

ausjack

#136
March 29, 2017, 07:53:11 AM
:laugh2:
A wise person knows there is something to learn from everyone.

trout

#138
September 14, 2017, 01:02:55 PM
Quote from: 'Unicorn' pid='111625' dateline='1505357825'In today's news .....

http://www.news.com.au/national/breaking-news/theft-charges-for-wa-coin-company-director/news-story/12d5c3c50ad5c10fca59b4d2f9411f69

Penny Pinching?

NO surprises there Mate :dodgy::angel:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

kchan1111

#139
September 14, 2017, 01:46:40 PM
I recently came across these listings in an auction catalog.

Quote3114 Australia, Victoria, Adelaide pound, type two, 1852, date below crown within border, rev. value within border (KM.2; Fr.3), small planchet flaw at 2-3 o'clock by edge, uncirculated £14,000-16,000. Purchased from The Rare Coin Company for A$190,000.

3115 Australia, Victoria, Adelaide pound, type two, 1852, date below crown within border, rev. value within border (KM.2; Fr.3), about uncirculated £12,000-14,000 Sold as 'nice uncirculated' for A$140,000 by The Rare Coin Company

Those are massively inflated prices. They are more like Type I Adelaide pound prices.

Mister T

#141
November 17, 2017, 10:27:34 PM
$70,000 seems cheap but I guess the bank-note market it still down.

nealeffendi

#142
November 18, 2017, 03:26:08 AM
Quote from: 'Unicorn' pid='112850' dateline='1510893377'Some potential fall-out in today's news ....

http://www.news.com.au/finance/superannuation/super-sting-for-owner-of-rare-fiveshilling-banknote-expected-to-fetch-70000-at-auction/news-story/c3fbcf832a6809067b71d10b8bfa9928

That article states that the 5 shilling note was prepared because they feared hoarding of the 5 shilling coin due to the spike in the silver price :huh: Since when has a crown been called a 5 shilling coin and did the English crown ever have that much circulation in Australia?

Mister T

#143
November 18, 2017, 12:21:20 PM
Quote from: 'nealeffendi' pid='112855' dateline='1510937768'Since when has a crown been called a 5 shilling coin and did the English crown ever have that much circulation in Australia?

Yeah I was a little skeptical about English crowns circulating too much as well - the last circulation pieces were struck in 1900 (and in lowish numbers too).
Print
Go Up Pages 1 ... 8 9 10
User actions