Coloured $2 Circulating Coin (CLOSED)

[cracker]

Have not had any luck here. Tried 3 Westpac banks this week one of them I found out never hardly orders any extra change in and relies basically on deposits. My local newsagent told me he has 4 also rang RAM about the 5 coins in a bag and was told the offer stopped two weeks ago. Will give it another nudge this week feeling lucky.

[runway]

Don't think any coloured ones will make it to the general public

[Fulvio]

Don't think any coloured ones will make it to the general public

Not so. I've found a couple in recirculated bags, so they've been round the track at least once. Keep in mind there are two million of these things, and they are being rationed. Not ALL of them will end up in Sulla's pockets.

[runway]

What I mean Fulvio is that Mr General Public would even know these coins exist and shopkeepers who see these will keep them not everyone is looking out for them coz they don't know and most people don't go to banks asking for bags of coins

[SULLA]

Interestingly, I know two other collectors who have found similar amounts to what I have.

The issue here is that "general public" (GP) has become a coin collector.

Many times I have been told by a shopkeeper that GP has a coin but when GP sees it,  it goes into another pocket.
I think that only the high volume cash stores (supermarkets etc) will generally order from the banks or security companies and they don't really have time to sit there
and pull out the coins they want to collect.

I have a local store that has provided me with about 700 coins from security bags. The owner kept 200 coins and was happy to collect some for me. Prior to my info they were not aware of the coin. However, the storekeeper has had a basic interest in numismatics for many years, and can understand my enthusiasm for this coin.

If you want this coin, you have to go to the banks and ask for security company (red)  bags of the new 2013 $2 coin. I thought that the average per bag was becoming much lower, but my "storekeeper" who gave me 200 coins yesterday, found one bag with 18 Coronations yesterday morning. I predict that once the source dries up (very soon), this coin will become even rarer and more expensive than it is now!

I am now no longer seeking this coin!

Time now to rebuild the finances and get on with another project!

Happy hunting!

[accumulator]

If i collected 3&1/2 thousand of them i'd be moving on too,i think the coins should have been more evenly distributed around the country,i think the mint should have taken control of the distribution of this particular coin & not let the security companies distribute them.
I've & many many others in QLD have not seen these coins in circulation.

[trout]

If i collected 3&1/2 thousand of them i'd be moving on too,i think the coins should have been more evenly distributed around the country,i think the mint should have taken control of the distribution of this particular coin & not let the security companies distribute them.
I've & many many others in QLD have not seen these coins in circulation.

it's the same in the West Mate , Nuffin Yet :dash1:
These may as well be classified as NCLT because I doubt that any of these will see too much circulation :angel:

[SULLA]

Hi Accumulator:
You do NOT see these coins because they are grabbed immediately because of their beauty and unique design.
They are more sought after than the Mint could have imagined!

I would think that distribution would be fairly even but the coins are snapped up / disappear quickly.


Hello Trout:
As far as being classified NCLT; your statement is a real oxymoron!

They are out there!
Sic 'em Rex!

[trout]

Hello Trout:
 As far as being classified NCLT; your statement is a real oxymoron!

Why?
They are legal tender and they are most certainly NOT circulating.

N = Non C= Circulating L= Legal T= Tender , Makes all the sense in the World to me :angel:

[robbiegal]

lot of $2 coins
three and a half thousand equals seven thousand dollars in $2 coins

wow
keen as mustard there Sulla
make sure you store them well

the 1927 florin and the 1937 crown were hoarded for decades
I sometimes wonder if during the time spent in the drawer that the owner really did have much of an investment , perhaps the 34/5 florin (Melbourne centenary) may deliver better returns but not the other two

[Possie Ron]

Just received a message from my Son. His weekend job gate attendant at a local tourist park. One just turned up in the till. Good condition. I will have it by 6-30 tonight. Making for a good weekend, A beautiful 2013 unmarked standard issue given to me in change yesterday and now this.

[kanjoe07]

it's the same in the West Mate , Nuffin Yet :dash1:

I agree Trout, I've only found two and my brother has one. I've told my students in the Year 9 Financial Literacy class I teach to look out for them and already have had half a dozen students holding onto one in the last fortnight! It's a great boost for numismatics but the mint should've minted more.

[robbiegal]

I hope that you reward the kiddies for their efforts!!

say $3 for $2 something like that

or A's all round

[Possie Ron]

Scored one.

Coronation $2 by Bugsy T., on Flickr

[Fulvio]

I am now no longer seeking this coin!

So, now would be a good time to stop keeping your sources secret I would think.

Clearly distribution was very uneven. As far as I can ascertain, Melbourne's south-eastern suburbs got two sacks confirmed, and maybe the same again unconfirmed. Wherever you are on the other hand, got many, many times that.

Time to share.