Coloured $2 Circulating Coin (CLOSED)

[Coins from Vending]

I must have the worst of luck with these. Never got a poppy in any change last year. Have now gone through 2000 $2 coins and not a single coronation coin, just around 15 poppy coins.

I think your doing it wrong???

Gotta find a bank that gets new coin and ask them if they have new purple coins, if they say yes your in luck, if not move on to the next.

I've found 2 banks that get new armaguard coin and have them setting aside a $2000 bag of coin tomorrow as its delivered about midday Friday, gidddeee uuppp.

[robbiegal]

$2 k

I honestly don't have that kind of money guys

[Fulvio]

$2 k

I honestly don't have that kind of money guys

I can relate, but its not like you're spending it, just changing its form temporarily.

From 20,000 coins, I now have a whole 8 coronations. None of my friendly coin-consuming branches have had any new coin, apart from that sack of poppies they had lying around the back of the vault. So its not just a matter of finding coin consumers rather than generators, its also the luck of them not getting all recycled coin in their deliveries. Maybe next week, with any luck...

[runway]

It's great that the mint has released such exciting $2 circulating coins for us to find

[robbiegal]

you guys are amazing
I admire the total dedication
there are a few decimal collectors in my coin club
and yep, they relay the same search stories

fortunately being a pre-dec collector it is down to auction lots and if I was totally dedicated - going out to farms to search the tractor shed for old milk canisters of coins!

[Fulvio]

...it is down to auction lots...

To me, predecimals, like NCLT, simply don't give the satisfaction or "thrill of the chase" that current circulating currency does.

Sure, there are beautiful specimens, and I quite like the predecimals I do have. But basically anyone with deep enough pockets can just go out and buy them. Where's the skill or fun in that? And when it comes to noodling, buying a bulk lot in the hope it may have something worthwhile in it just isn't the same as bringing home sacks from the bank and finding something rare and unique.

Its like paying to fish in a concrete tank, vs going out to a wild river and doing battle with a wily and elusive opponent.

[trout]

Its like paying to fish in a concrete tank, vs going out to a wild river and doing battle with a wily and elusive opponent.

I tend to disagree with that statement old Mate :ok:
you just have to look at what Steve (The Repatriator) has been able to achieve and I have personally been able to get some really nice silver coins at Melt price , I tend to call this "eBay noodling".
Where I live noodling is a crap option from the bank :dash1:

I know you Goldie and others do really well, But you blokes live in the "Big Smoke" and have a huge option of banks.

I on the other hand live in the bush and the only noodling win I have had is from the occasional change from different boozers on various minesites  Australia wide :good:
So by saying that pre decimal collectors are "Shooting fish in a barrel " Is a bit unfair Mate :angel:

[robbiegal]

for years now, I buy penny/lots and treasure hunt
I get a lot of satisfaction at finding that hidden unc 1911 penny in a lot
I guess I see it as a test of my skill in finding good coins in dirty old penny bags, a lot of people miss those unc coins in lots, I can assure you of that having found them after the dealers have had their pickings  - and there is a certain skill required to identify,  find and grade them  

it is each collectors preferences , no more no less

[trout]

I can assure you of that having found them after the dealers have had their pickings

I tend to feel that a lot of the dealers have lost their "Passion" for coins and tend to just look for the rare dates in bulk lots, I can understand this because they have to "Pay the rent" .
But seriously finding an "Unsearched" lot of pennys now is like finding hens teeth or winning lotto :angel:

[kanjoe07]

Got my second today from the same place, a humble curry kitchen in Perth's inner-northern suburbs. I am getting reports from all my friends that they have found one and they are keeping them. I haven't seen such an interest in coin collecting for a very, very long time. Banks on the other hand are finding them rare to come across by, my sources say the only usually see one or two a day.

[robbiegal]

true Trout
but to be frank, I personally believe that most dealers have never had a passion for the coins, the passion is for the dollar and how much they can get out of you - the coin is a mere commodity and we, dear sir,  are simply the vessel for that monetary transaction

I was at our coin show the other week-end helping our dealer (as we do - to keep the show going)
anyways, a couple came in with the hubby's collection - he can't collect anymore due to his health
so our dealer paid good money to the couple, as he does (he is from the old school of honesty)

and later when my hubby sat and had a look through, for example the 1920's - out of about 20 coins there were 3 double dots and it went on like that for the other varieties

so yes, they are out there in the public collections
but the big fellas like watchco and the like,  regularly cruise the country areas, big newspaper advertisement, they usually follow the shows but don't attend them, then they set up in the motel, pay little for the lots and laugh all the way to the bank

one fair lady who I know was offered something like $25 for a Foy and Gibson's bag by them, no sale of course

I am afraid that I am a bit of a sceptic after my years of collecting

[Fulvio]

Where I live noodling is a crap option from the bank :dash1:

Good point.

OK, make you a deal then... :mafia::mafia:

I'm happy to pick up an extra sack of whatever I'm noodling (currently $2) for you. I'll weed out the garbage and send you what's left. Your cost is face value plus postage. And I promise not to steal anything out of it, though I reserve the right to preselect which bag is yours before opening them. If I score two sacks of UNC coronations, one's yours.

Everything you get will be of some interest, though it may vary from minor doubling to major cracks, cuds or split planchets. Oh, and low-mintage years. Exactly the same as I do my own batches, except unsorted. That's your job.

Interested?

...the passion is for the dollar and how much they can get out of you...

I couldn't agree more. The overwhelming majority could just as easily be selling used cars or anything else. And even the few who start out as passionate collectors become jaded and worn down by the need to pay the rent. Not sure which is worse, actually... :dodgy:

[robbiegal]

yeah Fulvio

I remember when I was younger I very easily got work in barmaid work

why?
well, besides being drop dead gorgus ha ha
- my viability to the hiring publican was that I was not a drinker
- no issues with temptation  

I know many dealers are collectors but in the scheme of things - it is a numismatic product and they have to move it

[Fulvio]

well, besides being drop dead gorgus ha ha

Pictures or it didn't happen! LOL!

I actually don't mind the ignorant ones too much. It means they don't know what they have in their books, and you can score a great bargain.

The ones I truly dislike are the ones who are both knowledgeable and unscrupulous. They pay pittances, charge fortunes, lie and cheat. Once I identify one, they get crossed off my xmas card list permanently, and I steer people away from them at every opportunity.

In the investment world there is a saying, "always leave something for the next man". The good dealers do this, realising there is more to be gained from the repeat business and recommendations of happy clients than from ripping suckers off for every last cent possible.

That's the way to pay the rent. After all, you can't get blood out of a stone, or money out of someone who refuses to come into your shop cos he knows you're shonky.

[Nikolce92]

Hey guys im new to this forum but i have 2 purple coins that i recieved from my local woolies. Now i have no idea if i should keep them for later on in the future or just sell them?
Please help?[/size]