A Weekend of Noodling

enworb · April 21, 2013, 06:42:06 PM

Survival rate of 1979 rolls is HUGE. There will never be a shortage. I think they would look great as a floor or wall.

keldaw · April 21, 2013, 06:48:16 PM

how many of the 1966 rounds were taken back to china and melted down years ago when they were paying $ 9.00 au per coins .??thousands of them ,if I remember correctly .. ,, kel ,,

enworb · April 21, 2013, 07:30:42 PM

Yeh plenty would have been melted but theres plenty about still!

robbiegal · April 21, 2013, 07:58:09 PM

isn't it 3 for an oz of silver?
in the late 70's silver was about $50 oz I think
well worth melting back then, for sure

Goldseeker · April 21, 2013, 07:58:38 PM

Yep, I still have 197 spares.........

robbiegal · April 21, 2013, 08:20:41 PM

good on you
I only have a few but love them bits
I finally got myself a proof version as well

I love the design and that it is round
never taken to the 8 sided or whatever it is, modern 50c

I still remember the hype about old people not being able to tell that it was a 50c and not 2 bob
baloney - it was to change the design and metal to save/make the gov. $$ by the silver recall and remelt

though, I do think that the $2 coin was problematic for older people

Quote from: 'Goldseeker' pid='12578' dateline='1366540118'Yep, I still have 197 spares.........

you could have made about $3,283 for those coins back then?
could have nearly bought yourself a small house with that!

trout · April 21, 2013, 08:41:45 PM

QuoteI finally got myself a proof version as well

Now you are talking RG:yahoo:
I agree the round coin was more suited to the COA design and the proof coin is simply a beautiful piece :wavemulticolor:

Goldseeker · April 21, 2013, 09:56:23 PM

A few years ago, silver price went as high as $48.00 something before the AU$ started it rapid rise.

I believe that three 1966 50c pieces equivilates to 1 oz of silver.

I am still in the market for these coins regardless of the condition.

keldaw · April 22, 2013, 08:38:16 AM

bruce , do you check ebay ? last time I checked ebay
( about 3 weeks ago ) they were still selling way over the $ 10.00 per coin ,. there was this old guy at the markets on sunday and he had 2 of them , no price on them , so I asked him , he said $ 15 ea
I said to much , he said [ well mate ] they are worth $ 17 ea but they are the only 2 we have left so they are going cheap , so I walked away ,, . ,, kel ,,

Goldseeker · April 22, 2013, 01:55:51 PM

Nope, $17 each is far above market value for the coin and silver. Me, i'd no more than $7 max at this time.

Big name dealer in Melbourne this morning was buying at $5.50.

trout · April 22, 2013, 02:01:47 PM

Quote from: 'Goldseeker' pid='12675' dateline='1366604751'Nope, $17 each is far above market value for the coin and silver. Me, i'd no more than $7 max at this time.

Big name dealer in Melbourne this morning was buying at $5.50.

Was that dealer selling?

keldaw · April 22, 2013, 06:34:37 PM

if the dealer was getting them for $ 5.50 each , he should know they came from a house robbery ,or something like that ,
and he also should be charged with receiving stolen property ,

no one in their right mind would sell for that price of
$ 5.50 ea ..unless he got them for nothing ..

,, kel ,,

trout · April 22, 2013, 06:55:05 PM

Quote from: 'keldaw' pid='12723' dateline='1366621477'if the dealer was getting them for $ 5.50 each , he should know they came from a house robbery ,or something like that ,
and he also should be charged with receiving stolen property ,

no one in their right mind would sell for that price of
$ 5.50 ea ..unless he got them for nothing ..

,, kel ,,

You would think that the dealer would be happy to pay spot for these and not a lousy $16.50 per OZ, I doubt very much the this dealer would be selling at this low price and is just taking advantage of people.
A lot like them dodgy gold buyers that plague the US :dodgy: