2007 Double Headed 5c

[Fulvio]

why are they still only being found in the Illawarra region almost ten years after they were made?

My guess is that's where the crook and/or cohorts live. Dribbling them into circulation is a pretty effective smokescreen, especially when reputable people find the ones you've seeded.

[Cockatoo Coins]

They have been finding them since 2008, coins tend not to travel much either especially 5c, the guys finding them are well known to me and in no way dodgy. Love the conspiracy theory though lol
Also it's not the Illawarra region where these recent ones have been coming from, all show appropriate wear for their age aswell.

[Ozcoins]

They have been finding them since 2008, coins tend not to travel much either especially 5c, the guys finding them are well known to me and in no way dodgy. Love the conspiracy theory though lol

Also it's not the Illawarra region where these recent ones have been coming from, all show appropriate wear for their age aswell.

Interesting

What makes you say that 5c don't travel much?

From my noodling, i would say 5c get heaps of circulation (and therefore travel).
Why?  Because I almost never find an old (say pre 1975) 5c in nice condition, while it happens that I find old 50c in quite nice condition. There are almost no 5c that I find with any lustre earlier than 1976

So what other coins do these guys find/collect/sell?
How many coins do they look through?

[ausjack]

They have been finding them since 2008, coins tend not to travel much either especially 5c, the guys finding them are well known to me and in no way dodgy. Love the conspiracy theory though lol
Also it's not the Illawarra region where these recent ones have been coming from, all show appropriate wear for their age aswell.

Yes the blokes getting you to submit them might not be dodgy but it doesn't mean where they're coming from isn't as there's a lot of unsavoury characters on FB that people swear by but can't be trusted :angel:

One thing I found very strange the other week on FB was that someone gave one away but I forget who gave and who received now but I found it very odd for someone to just give away such a high value coin. Yes I have received and given fairly high value coins but nothing to that sort of value so I wonder why :huh:

It's the same as most graded one's are done in oz as you see quite a few being shown off on many different pages and a few being sold here and there and all TPG's have been known to grade fakes from time to time so you still have to be careful even if the coin is slabbed :winkextra:

[Hercules]

From my noodling, i would say 5c get heaps of circulation (and therefore travel).
Why?  Because I almost never find an old (say pre 1975) 5c in nice condition, while it happens that I find old 50c in quite nice condition.

That's probably because they're commemoratives, and people hoard them. All of the non-commemorative 50c coins I find of that vintage are just as worn as the 5c ones.

[Fulvio]

the guys finding them are well known to me and in no way dodgy.

Nobody ever said they were. Its not the finders, its the seeders who are dodgy. Just like when someone salts a gold mine to make it look better than it is.

https://en.wikipedia.org/wiki/Salting_(confidence_trick)

Lets get back to basics here...

These coins cannot be made accidentally. Yet they exist. And the TPGs have said they're not forgeries. Therefore they have been made inside the mint, from real dies.

They are circulating, and in a localised area. Since blind Freddie could spot a double-headed coin, its reasonable to assume they get pulled from circulation fairly quickly once noticed. Which suggests that a) they're being seeded in a localised area, and b) they're being dribbled out on a slow and steady basis.

The place to look for wrongdoers isn't the finders of circulated examples, but the UNC ones fetching top dollar.

And no matter how many were circulated, they're still counterfeit currency, not released by the Australian government. In other words, dodgy as a two-bob watch.

[trout]

I think Fulvio has pretty much covered what I was going to say.
I will add though that just because the coins being "Found" are in a circulated condition doesn't necessarily mean that they have actually circulated, It's not that difficult to replicate circulation wear on a coin before seeding it :angel:

[ausjack]

True, just put it in ya wallet for a while would do the trick. Just have to remember it's there

[Fulvio]

It's not that difficult to replicate circulation wear on a coin before seeding it :angel:

Yeah, I wasn't going to say it, but you definitely wouldn't want high-grade ones to show up and compete with yours if you could help it.

[Nevol]

These coins cannot be made accidentally. Yet they exist. And the TPGs have said they're not forgeries. Therefore they have been made inside the mint, from real dies.

And no matter how many were circulated, they're still counterfeit currency, not released by the Australian government. In other words, dodgy as a two-bob watch.

:i_agree:

[trout]

the TPGs have said they're not forgeries. Therefore they have been made inside the mint, from real dies.

They may have been made inside the mint but NO way are these real errors, They are Mint Sport or Manufactured errors and should be graded AND attributed as such.
Attributing these as a mint error gives them a legitimacy that they really don't deserve as these were minted without authorisation and were illegally made.  :dodgy:
What RAM should be doing is to round all these up and confiscate them :good:

[ausjack]

Yes and charge anyone that they can prove had anything to do with them and that might stop the next lot from doing the same thing. The fed's should be all over this sort of thing but they don't seem to care so what's the use of them :dodgy:

[autocoupler]

The fed's should be all over this sort of thing but they don't seem to care so what's the use of them :dodgy:

They're too busy focusing on those who are easy to catch. Not too dusty  having "I rounded up Peter Foster seventeen times" on your C.V. I suppose :laugh2:

[ausjack]

Yes they've got him heaps but yet again they don't do FA because he keeps doing the same thing :dodgy:

[robbiegal]

Who is Peter Foster?