Would you?

[AaronG]

I have been offered to buy 2 rolls of 1962 6 pence coins.

Coins are uncirculated, some toning but the only cache is, they have been rerolled and aren't in original paper, does this affect value? would you buy them? How much would you pay?

$120 + post for each roll the guy wants.

[Nevol]

Well, that's only $3 per coin, so to my way of thinking it's a good buy as long as you trust the seller and are confident they really are Unc.

Ebay Comparison
http://www.ebay.com.au/itm/Australia-1962-Silver-6d-Mint-Roll-Cat-600-RARE-/190748297446?pt=AU_Coins2&hash=item2c697c08e6

[AaronG]

Well I have pictures, and he says there are 50 coins in a roll which works out to be $2.40 a coin. Would people still pay the same amount for coins that have been re rolled?


first roll

http://imageshack.us/a/img72/8378/roll1e.jpg
http://imageshack.us/a/img41/8308/roll12.jpg
http://imageshack.us/a/img202/2738/roll13.jpg
http://imageshack.us/a/img17/3664/roll14.jpg
http://imageshack.us/a/img198/8369/roll15.jpg

second roll

http://imageshack.us/a/img189/3052/rooller1.jpg
http://imageshack.us/a/img201/9234/rooller2.jpg
http://imageshack.us/a/img202/5743/rooller3.jpg
http://imageshack.us/a/img255/9479/rooller4.jpg

white paper they were rolled with

http://imageshack.us/a/img717/4387/roll16.jpg

[markn]

Doesn't seem like too bad a deal.  1962 rolls are fairly common though.

[AaronG]

We'll see how the ebay auction goes, the coins do seem pretty good

[MobOfRoos]

I would just think of it as buying 100 UNC sixpences.........and just make sure that the seller hasn't filled the rolls with 5c.

[AaronG]

I have 100% trust in the seller, so not receiving coins won't be an issue

[enworb]

What are you going to do with that many of them? If they have been re rolled i would assume there is no errors and that any really stunning coins have been removed. You could resell them but it would be a pretty big effort with that many as if you wanted to turn a profit you would probably need to sell them individually or in small groups. I wouldnt pass on them personally.

[AaronG]

I have no interest in large premium coins unless they're errors, I mean for pre dec I don't pay anything over spot unless im actually after something, and I don't like having many of the same year, so I guess i'd be flipping them for a profit, seeing as the roll on ebay is already at $200, they could be worth selling in 1 lot?

[Fordprefect]

I have no interest in large premium coins unless they're errors, I mean for pre dec I don't pay anything over spot unless im actually after something, and I don't like having many of the same year, so I guess i'd be flipping them for a profit, seeing as the roll on ebay is already at $200, they could be worth selling in 1 lot?

If in original Bank wrapper yep, but as there not,
you have 120 Unc or near Unc common date 6d.

The profit margin would be slim flipping.:sportbike:

Give it some thought, First.

Rob