Alphabet $1 Coins

[Goldseeker]

Some silly person will buy it at that price.

[jens coins]

"Some silly person will buy it at that price."


 A silly person did buy that coin

[runway]

https://www.ebay.com.au/itm/2019-1-Great-Aussie-coin-hunt-special-privy-mintmark-envelope-7500-released-UNC/153701359777?hash=item23c950a0a1:g:YDUAAOSw2H1dtrG9

Wow .. What a mark up.

Just another eBay grub mate most likely shill bid as they do

[runway]

I saw a post on ebay for alphabet $1 coins today, here is a link ...

https://www.ebay.com.au/itm/NEW-2019-Meat-Pie-1-X-1-Dollar-EX-Mint-Bag-UNC/223669992347?hash=item3413c53b9b:g:QowAAOSwKC5dgcUU

The seller has a few different ones listed at $5.95 each. Looks like they are taken out of RAM bags.

Edit - When checking an hour later the price has gone up to $11.95 WTF?

They have these ones ...

A - Australia Post
F - Footy
I - Iced Vo Vo
M - Meat Pie
S - Surf Life Saving
X - Xantippe

I can't find any mention of them on the RAM website.

Anyone know how these are being distributed?

Regards Mike

Mike that seller is an ANDA member which makes it even sadder . Fortunately he is under investigation by AP,unfortunately ANDA will protect him which makes my blood boil

[brismike]

I logged onto the Australia Post Impressions Website this morning to order a $1 Letter A Privvy marked PNC. Price was $39.95. After being on hold for 1hour and 20 mins I finally got through. I was only allowed to order 1 which I was happy with.

Had a look on fleabay at 10.30 ......How crazy is this ....... https://www.ebay.com.au/itm/2019-1-coin-Great-Aussie-Coin-Hunt-A-envelope-Privymark-PNC/123958510997?hash=item1cdc80c595:g:BoQAAOSww0Zdu0oC&frcectupt=true

Unbelievable

Mike

[Hercules]

You'd have to be completely brainless to pay those prices. These scalpers deserve their own segment on A Current Affair.

[brismike]

You'd have to be completely brainless to pay those prices. These scalpers deserve their own segment on A Current Affair.

Agreed ... I saw 2 sellers trying to get $2,500 for them but today one has dropped his price to $995

https://www.ebay.com.au/itm/2019-1-Coin-Great-Aussie-Coin-Hunt-A-Envelope-Privy-PNC-Limited-to-2000/184017253229?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2060353.m1438.l2649

Wow what a bargain hahaha.

[Hercules]

I was going to buy one this morning, but I couldn't find the listing on the Australia Post website, so I assumed they'd run out. I reckon it would be cheaper to get one from a roll than to pay what they're charging on Fleabay, so I can't understand why they even bothered to make the PNCs in the first place. It's just another opportunity for greed, and there's far too much of that in the coin collecting community.

[Hercules]

If each roll costs $49 and has a 1/5 chance of having the privy marked coin, you will need to spend an average of $245 in order to get one from a roll. However, each roll comes with 26 $1 coins, which enables you to recoup $129 (excluding the privy marked coin. Hence, the privy marked coin is worth at most $116, and less if you assume the other coins are worth more than face value. For example, if the non privy marked coins are worth $1.50, then the privy marked coin is only worth $48.50, which is about what the PNC was retailing for. Hence, I wouldn't pay more than $100 for it, because anything more than that is a blatant rip-off.

[Goldseeker]

Please be advised that there are a lot of brainless people in the country/world.

[runway]

https://www.ebay.com.au/itm/2019-AUSSIE-COIN-HUNT-1-A-with-SCARCE-ENVELOPE-PRIVY-MARK-VERY-SCARCE/113943267426?_trkparms=aid%3D1110001%26algo%3DSPLICE.SIM%26ao%3D1%26asc%3D20131231084308%26meid%3Df99b8076dfa046f6b19c0881a8700a52%26pid%3D100010%26rk%3D6%26rkt%3D12%26sd%3D123958510997%26itm%3D113943267426%26pmt%3D0%26noa%3D1%26pg%3D2047675&_trksid=p2047675.c100010.m2109
2 more available,3 sold
I doubt this very much

[Nevol]

Quite a few already sold, various prices.

https://www.ebay.com.au/sch/Coins/11116/i.html?_from=R40&_nkw=2019+%241+A+with+SCARCE+ENVELOPE+PRIVY+MARK&_in_kw=1&_ex_kw=&_sacat=11116&LH_Sold=1&_udlo=&_udhi=&_samilow=&_samihi=&_sadis=15&_stpos=4105&_sargn=-1%26saslc%3D1&_salic=15&_sop=15&_dmd=1&_ipg=200&LH_Complete=1&_fosrp=1

[Unicorn]

Please be advised that there are a lot of brainless people in the country/world.

I accept your advice with countless experiences :laugh2:

[JeffH]

I just did a heads/tails sort on a $500 bag of $1 banked by the local bowling club.
29 alphabet coins (22 different letters). Have yet to check but, with what I already have, that should put me close to a full set.
The Bowlo generates their $1 coin banking from poker machine change.

Now to see if the laundromat brings in a bag soon. Haven't had one from them for a while. Will be interesting to see if any turn up from there too.

[redlock]

I just did a heads/tails sort on a $500 bag of $1 banked by the local bowling club.
29 alphabet coins (22 different letters). Have yet to check but, with what I already have, that should put me close to a full set.

Congrats! That's a really nice haul.