50c Incuse rarity/scarcity questions

Started by runway, September 20, 2015, 09:05:20 PM

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Ozcoins

Quote from: 'runway' pid='79854' dateline='1443014604'http://www.pcgs.com/Pop/ValueView.aspx?s=525195
PCGS is the only TPG I trust

That link seems to give the number of incuse flag coins as 16,600,000
I think is generally accepted that the most that would have been made is around 200,000

Unicorn

Quote from: 'Ozcoins' pid='82322' dateline='1449541666'That link seems to give the number of incuse flag coins as 16,600,000
I think is generally accepted that the most that would have been made is around 200,000

:i_agree: Yes Oz, I think PCGS just goes by the rule of thumb (being the maximum about that 'could' exist .... in other words the total combined 2000 50c mintage for both incused and normal) until such times as a lower mintage for either can be substantiated.

purplepennyhunter

There could still be some that haven't been reholdered perhaps.
Co-Founder Australian Coin Forum

trout

Quote from: 'purplepennyhunter' pid='82324' dateline='1449549364'There could still be some that haven't been reholdered perhaps.

Did mark end up getting his MS64 coin reholdered ?
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

ausjack

Holy crap Stevo, very nice mate, puts my 3 xAU50, 2x AU53 and 2x AU55 to shame but I have 3 or 4 more to do but might/hope to get at least another AU55, mind you have given a couple of raw one's away and gave a mate slabbed one :angel:
A wise person knows there is something to learn from everyone.

trout

Now that these are a well recognised "Variety" and not an error coin I imagine that most 50cent collectors will require one for their sets.
The only way for the values of these to go is upwards I would think :good:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

ausjack

That's what I'm hoping for cobba :good:
A wise person knows there is something to learn from everyone.

b_j_w_79

These are one of my favourite coins. I still think they are underrated but this may change it the future as they become harder to find in circulation. I'm still finding these around every $3000 searched but of course the quality is getting worse!

stevo1962

Quote from: 'b_j_w_79' pid='83917' dateline='1453758648'These are one of my favourite coins. I still think they are underrated but this may change it the future as they become harder to find in circulation. I'm still finding these around every $3000 searched but of course the quality is getting worse!

That's why I'm buying up anything that might grade AU55 or better now
It\'s not about who you know it\'s about what you know

runway

Year 2000 certainly had 2 great coins the incuse 50 and mule $1
16 years old now and near impossible to find in circulation in collectable grade
Buy what gives you enjoyment

Mister T

Excuse the bump but does anyone know when it was first discovered and where it was first publicised? Were there any articles in the Australian Coin Review or Coin and Banknote Magazine at the time?

Hercules

My understanding is that the $1/10c mule was discovered sometime between 2002 and 2004, and the 50c incuse flag variety was discovered by a Toowoomba collector in 2006. I think there was an article in one of the coin magazines in June 2006, but I don't have any of those issues, so I can't confirm this.

Hercules

Quote from: 'b_j_w_79' pid='83917' dateline='1453758648'These are one of my favourite coins. I still think they are underrated but this may change it the future as they become harder to find in circulation. I'm still finding these around every $3000 searched but of course the quality is getting worse!

I'm almost up to $4000 now and still haven't found one. I'm even beginning to question whether they really exist. :dontknow:

Mister T

Yes you're right, p13-14 of June 2006. Anyone know of any other follow-up articles?
How many 2000 50c pieces have you looked at Hercules? I've found one and it was the 90th one I looked at since I started counting (though I'd looked at a few before that).

gnome

I'm pretty sure a gent by the name of Drew Jackson or mad budgie discovered the incused 50 cent. It was confirmed, from memory now, by  Jon Saxton, and either Pra and/or cobwebs, but not 100% sure about the last bit.