Coloured $2 Circulating Coin (CLOSED)

Started by Goldseeker, June 17, 2013, 08:38:16 PM

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jozk123

So true,Fulvio that's why noodling in our hobby is very economical and knowledge is a must

enworb

You would be the first person who I have ever heard say that noodling is economical. If you ignore time it might be but factor that in and you would be way way behind.

trout

I bought 5 of these coins off eBay a day after they were released.
It cost me just over $20 to get them and they all came in 2x2's .
They arrived about a week before the 5 coin baggie from RAM and IMHO in far better condition as well.
I live about 1/2 an hour from town and to drive into the bank on the off chance of noodling 5 of these would cost me about $20 in fuel.
I only wanted a couple of these for my collection so I gave 1 to my mate at the General store/Post office, stripped the paint off another for educational purposes.
That left me 3 from eBay and the 5 coin baggie from RAM.
I have since sent the RAM baggie off to a good home so that leaves me 3 of these coins.
That for me is plenty :ok:
I can understand the allure of hoarding these with the hope that in the future they will be worth big dollars, That doesn't mean that I agree with the strategy :ok:
Personally I prefer to keep coins that I enjoy and having buckets full of the same coin simply to make a profit doesn't appeal to me .
That is NOT collecting, It IS speculating and there are far more profitable ways of speculating than that.

Meanwhile all the hoarders are depriving the average collector that cannot afford to get their coins on the secondary market, the opportunity of finding these in their change/noodling.
Now don't start throwing rocks at me I am simply airing my view :ok:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

Nevol

Quote from: 'enworb' pid='24724' dateline='1376349150'You would be the first person who I have ever heard say that noodling is economical. If you ignore time it might be but factor that in and you would be way way behind.
When I noodle I don't consider it as 'costing' me anything timewise.  If I wasn't noodling, would I be somewhere else earning money? Nope!

Not that I've done any noodling lately, just can't seem to get motivated. :angel:
A Platypus is a duck designed by a committee ( anon)

trout

QuoteNot that I've done any noodling lately, just can't seem to get motivated

I can't be bothered getting a mass of coins from the bank and hunting through them.
Give me a bulk lot of old 3d's anyday, I love them little suckers and you can still find some nice errors and rare dates in some lots.:wavemulticolor:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

Fulvio

Quote from: 'enworb' pid='24724' dateline='1376349150'You would be the first person who I have ever heard say that noodling is economical. If you ignore time it might be but factor that in and you would be way way behind.

Of COURSE we ignore time. This is a hobby. Just like flying model aircraft or playing golf or racing slotcars. Time is only valuable when viewed in the context of a job or business, and this is neither. Or do you think we should be invoicing time spent watching TV?

As for having loads of a particular coin, well, I for one do this with ALL coins. Its just that the chase for the coronations displaced everything else since their release. And I don't view safeguarding UNC coins from circulation damage as a bad thing, even if others might. ;)

I'm also happy to help others out. If anyone here hasn't been able to get any already, I'll gladly extend the offer I made to Trout on the same basis... one coin, at face value, plus postage. And I'll even extend it further to any coin I've noodled quantities of. Of course, bulk lots are another matter entirely, as they're likely to be commercially motivated.
http://fulvio55.altervista.org/ - Decimal Mintages and Polymer Notes PDFs
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trout

QuoteI'll gladly extend the offer I made to Trout on the same basis

Now THAT is the difference between a collector and a speculator :good:
I thanked  Fulvio for his generous and selfless offer and declined , As I have 3 of these coins already taking one off a Mate that I really didn't need would just be "Wrong" :ok:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

Fulvio

Quote from: 'trout' pid='24734' dateline='1376357230'As I have 3 of these coins already taking one off a Mate that I really didn't need would just be "Wrong"

Not at all. I know what you did with the mint bag, and even though I only had a couple at the time, if I'd known you were going to do that, I would have stopped you and sent mine off instead. Now I have more than a couple, and I'm very happy to share.

Let me try and put this in words that don't sound too patronising...

Umm...

Trout is without doubt one of THE most selfless people its ever been my pleasure to associate with, even if only online. :give_rose:

...but don't let it go to your head, mate. ;)
http://fulvio55.altervista.org/ - Decimal Mintages and Polymer Notes PDFs
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trout

Quote from: 'Fulvio' pid='24737' dateline='1376357739'
Quote from: 'trout' pid='24734' dateline='1376357230'As I have 3 of these coins already taking one off a Mate that I really didn't need would just be "Wrong"

Not at all. I know what you did with the mint bag, and even though I only had a couple at the time, if I'd known you were going to do that, I would have stopped you and sent mine off instead. Now I have more than a couple, and I'm very happy to share.

Let me try and put this in words that don't sound too patronising...

Umm...

Trout is without doubt one of THE most selfless people its ever been my pleasure to associate with, even if only online. :give_rose:

...but don't let it go to your head, mate. ;)

Jesus Mate , You are seriously stuffing my rep as being a grumpy old fart up :dash1:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

Fulvio

Quote from: 'trout' pid='24738' dateline='1376357946'...my rep as being a grumpy old fart

Oh, we ALL know you're one of THOSE. Not that there's anything wrong with that, mind you... :)

And just to get the thread sort of back on topic...

These standard 2013's the coronations come wrapped in...

Has ANYONE seen a 3 that was fully struck? I had thought they were die fills, but every single coin I've seen has the top of the 3 filled in, regardless of whether or not any other letters are filled. Surely it can't be a fill if they're all the same????
http://fulvio55.altervista.org/ - Decimal Mintages and Polymer Notes PDFs
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jozk123

Quote from: 'enworb' pid='24724' dateline='1376349150'You would be the first person who I have ever heard say that noodling is economical. If you ignore time it might be but factor that in and you would be way way behind.

It's not taking any of my time as such, it's done while watching tv,having a smoke/coffee or at work

ausjack

Meanwhile all the hoarders are depriving the average collector that cannot afford to get their coins on the secondary market, the opportunity of finding these in their change/noodling.
Now don't start throwing rocks at me I am simply airing my view  

--------------------------------------------------------------------------------
 yes this seems to be a big problem as the coins don't seem to make it here and when they do they're not in good nick :(

I'm also happy to help others out. If anyone here hasn't been able to get any already, I'll gladly extend the offer I made to Trout on the same basis... one coin, at face value, plus postage. And I'll even extend it further to any coin I've noodled quantities of. Of course, bulk lots are another matter entirely, as they're likely to be commercially motivated.

Good on ya Fulvio, this is what trout was talking about the other day..good to members helping each other, thank you :good:
Trout is without doubt one of THE most selfless people its ever been my pleasure to associate with, even if only online.

and I totally second that motion..what a man :)

sorry for goin :off_topic: again :hi:
A wise person knows there is something to learn from everyone.

SULLA

I recall speaking to a some Melburnians a while back, about the 2000 mule and their efforts to acquire one or many.

One bloke ended up with about 200 and the other with about 40.
The common denominator between them was that they did not sit on their bums wishing and hoping the coin would arrive in their change! No! They went out and looked for it. They hunted and they were rewarded! One went to Burswood and one went to Crown!

It's the same with the Coronation coin. People who want this coin passionately go out and find it! They do not sit around crying, "Woe is me; I can't find any!"

These coins are not just showing up at my local banks. They are all over Australia, because if they were showing up just for me it would take a hundred years for the mint to distribute them through their network!  The old saying rings true. "Hard work makes you lucky!"

Have a look on eBay. I found sellers offering multiples of the Coronation coins (or security bags) in NSW, Qld, SA, VIC and WA in only 20 seconds or so!

I am a collector and because I am a collector I am also a speculator! No collector is going to add to the collection at premium prices if the item can be acquired at face value! And if more than one can be found, this can then be sold or traded etc to further improve the collection!

As for the "hoarders depriving the average collector" - what a lot of balderdash! If you really want this coin, go out find it! Can't go out and find it? Well go and buy it!
It's the principle of supply and demand!

Have you driven 50 kms only to find the cupboard is bare?

Fulvio congratulations on your post #501.

Have a nice day!
:)

accumulator

Quote from: 'SULLA' pid='24786' dateline='1376378501'I recall speaking to a some Melburnians a while back, about the 2000 mule and their efforts to acquire one or many.

One bloke ended up with about 200 and the other with about 40.
The common denominator between them was that they did not sit on their bums wishing and hoping the coin would arrive in their change! No! They went out and looked for it. They hunted and they were rewarded! One went to Burswood and one went to Crown!

It's the same with the Coronation coin. People who want this coin passionately go out and find it! They do not sit around crying, "Woe is me; I can't find any!"

These coins are not just showing up at my local banks. They are all over Australia, because if they were showing up just for me it would take a hundred years for the mint to distribute them through their network!  The old saying rings true. "Hard work makes you lucky!"

Have a look on eBay. I found sellers offering multiples of the Coronation coins (or security bags) in NSW, Qld, SA, VIC and WA in only 20 seconds or so!

I am a collector and because I am a collector I am also a speculator! No collector is going to add to the collection at premium prices if the item can be acquired at face value! And if more than one can be found, this can then be sold or traded etc to further improve the collection!

As for the "hoarders depriving the average collector" - what a lot of balderdash! If you really want this coin, go out find it! Can't go out and find it? Well go and buy it!
It's the principle of supply and demand!

Have you driven 50 kms only to find the cupboard is bare?

Fulvio congratulations on your post #501.

Have a nice day!
:)

All well & good for those that live near major shopping centres of cities but when you live in the country & it's an hour & 20 minute drive either way it makes it pretty darn hard.
Your get off your bum & go get them attitude sucks IMHO !

ausjack

I feel really sorry :(

yeah I agree accu and that's why I'm sorry..be good if we could all live in the city but we can't :(
A wise person knows there is something to learn from everyone.