article on coin collecting

Mister T · December 12, 2018, 07:42:13 PM

I came across this quite by chance yesterday: https://www.smh.com.au/business/small-business/coin-collectors-are-making-millions-and-it-s-young-people-cashing-in-20181210-p50l8u.html

notcb · December 12, 2018, 10:22:37 PM

Talk about misleading headlines! Not making millions - TURNING OVER millions - there is a whale of a difference!

Cheers

Peter (notcb)

runway · December 12, 2018, 11:02:44 PM

This was also posted by RAM which is no surprise

frenc11 · December 13, 2018, 02:26:04 AM

nice article

Basil · December 13, 2018, 09:49:37 AM

Interesting but a bit of a waffle with little detail or facts.
I thought Eric was older(apologies Eric) than that based on his Posts and articles,certainly a new breed of Dealer emerging as the older ones move on.
I just wonder how much longer the Mint can continue to churn out their 'Çollectibles',the Golden Goose must be getting the staggers.

Unicorn · December 13, 2018, 10:51:08 AM

I guess you'd expect that from the papers these days Basil. (I don't think 'substance' is in their modus operandi).

There's no doubt Eric is putting his expertise to very good use and he deserves all good things as such. (Likewise to our forum founders who continue to keep us all informed).

I hold similar concerns regarding the mint. Gimmicks now and again are ok, but overdoing it will cause the hobby issues in the long run. Too many out there for the fast buck which kills off people's interest, people get burnt and don't come back. (Early 1980's Australia Post kind of proved that).

nealeffendi · December 13, 2018, 04:20:41 PM

Quote from: 'Unicorn' pid='117826' dateline='1544660468'I guess you'd expect that from the papers these days Basil. (I don't think 'substance' is in their modus operandi).

There's no doubt Eric is putting his expertise to very good use and he deserves all good things as such. (Likewise to our forum founders who continue to keep us all informed).

I hold similar concerns regarding the mint. Gimmicks now and again are ok, but overdoing it will cause the hobby issues in the long run. Too many out there for the fast buck which kills off people's interest, people get burnt and don't come back. (Early 1980's Australia Post kind of proved that).

A fan (and customer) of Eric, very fair in his dealings.
As for the mint, its great that they have these dollar and 2 dollar commemorative coins in change or distributed at face through retailers. Something to get kids (and old farts) looking at their change and becoming collectors.
What will kill the goose is all the NCLT grannybait, virtually nobody can afford to get a complete collection and that turns most collectors off (plus "coins" that bear no resemblance to what we get in change with gem/crystal/meteorite inserts, scratch and sniff coins and other such nonsense at prices in the thousands).

keldaw · December 13, 2018, 08:19:27 PM

so true ,
I have stopped buying NCLT,S now
postage of 10 dollars when you buy under 300 dollars
plus too many now made me make up my mind .

Basil · December 13, 2018, 09:29:49 PM

Quote from: 'Unicorn' pid='117826' dateline='1544660468'I guess you'd expect that from the papers these days Basil. (I don't think 'substance' is in their modus operandi).

Which reminds me Uni.,i was looking for some bits for my VE and run across this decal.

https://www.ebay.com.au/itm/Unicorn-Car-Sticker-Styling-Cartoon-Decal-Sticker-Waterproof-13-11-5cm-Vinyl/183396098409?fits=Plat_Gen%3AVE%7CMake%3AH

serenitystan · December 13, 2018, 11:57:28 PM

"GEEZ" Coin collectors are making millions..I am going to sell all my gold and buy coins from dealers and the mint and become a billionaire . WOOPEE-DO..

Unicorn · December 14, 2018, 05:39:41 AM

Excellent Basil!!!

I think that might have to go on the shopping list. Little Miss Uni does that move all the time! (along with the "Floss")

drakesterling · December 14, 2018, 09:09:42 AM

Quote from: 'notcb' pid='117817' dateline='1544615557'Talk about misleading headlines! Not making millions - TURNING OVER millions - there is a whale of a difference!

Cheers

Peter (notcb)

Yes, it's a completely misleading headline. Perhaps they should have interviewed some of the coin dealers who also do gold and silver bullion. They turnover tens of millions.

Eric

Unicorn · December 17, 2018, 06:43:20 PM

You won't believe it Basil, but little Miss Uni (who is only

just came in and told me she'd found a unicorn doing the "dab". (I couldn't remember what it was called). Anyhow I showed her your ebay link and the picture is the exact one!!! Unbelievable!

Basil · December 18, 2018, 09:41:47 AM

Quote from: 'Unicorn' pid='117869' dateline='1545034400'You won't believe it Basil, but little Miss Uni (who is only just came in and told me she'd found a unicorn doing the "dab". (I couldn't remember what it was called). Anyhow I showed her your ebay link and the picture is the exact one!!! Unbelievable!

Yeah,its a move of some kind with the hand across the eyes,probably the Decal has been copied by the Chinese,what they can't copy they steal the IP.