Granny bait or collectables

[Mister T]

Who is really being served by flogging off overpriced junk to unsuspecting victims?

The government I assume. But whoever runs the mint looks good when there's a profit too.

[lacey]

OK so they are considered junk by a few but, what else would we do if it weren't for collecting the lovely coins.

[ausjack]

making woodwork is the cleanest answer I can come up with at this hour :winkextra:

[Fulvio]

...but, what else would we do if it weren't for collecting the lovely coins.

Finding PROPER collectible coins, for starters.

[stevo1962]

Yeah real coins are a better option

[robbiegal]

the RAM is a business and now they compete with the Perth Mint and might I add, very aggressively at that

[ausjack]

yeah and don't forget about this lot :mocking:

[robbiegal]

yeah and don't forget about this lot :mocking:

hummm

but apparently it is on par with the aussie dollar
don't think you'd get $10 at the bank though

[ausjack]

I'm bloody sure ya wouldn't robbie..but they'd have a good laugh at you if you tried

[Mister T]

don't think you'd get $10 at the bank though

I think they know that, which is why they say you can cash it in from Macquarie Mint.

[interest]

I have a few NCLT coins, Masterpieces in silver etc.
I know they are not true coins as in the sense that they will never circulate.
What is your opinion on these type of coins.

I used to love the FINE SILVER SETS, they are magnificent BUT..they become way to expensive.
I have the 2003 thru 2007 gave them up. Never bought them as an investment, but never bought them to lose half of their retail value either. I spent over $1,000.00 just on them. Wish I had that grand in my pocket now.
But having said that they are beautifully presented.

[trout]

I have a few NCLT coins, Masterpieces in silver etc.
I know they are not true coins as in the sense that they will never circulate.
What is your opinion on these type of coins.

I used to love the FINE SILVER SETS, they are magnificent BUT..they become way to expensive.
I have the 2003 thru 2007 gave them up. Never bought them as an investment, but never bought them to lose half of their retail value either. I spent over $1,000.00 just on them. Wish I had that grand in my pocket now.
But having said that they are beautifully presented.

The fine silver sets in my opinion are NOT in the granny bait mob.
They are simply (to me) beautifully made standard issue coins but struck in silver.
They are exquisite coins and faultless proofs.
I have just started to collect these sets and now have 5 for an average cost of $150 each, not too high a price to pay in my opinion :good:

[interest]

yeah and don't forget about this lot :mocking:

hummm

but apparently it is on par with the aussie dollar
don't think you'd get $10 at the bank though

here's one guys experience.
 http://www.youtube.com/watch?v=jcY_Tq1bgug

[Fulvio]

The sad part is, neither the guy in the video, nor any of the commenters, are actual collectors. But they might have been, if not for being conned. So Downies, and to a lesser extent the real mints, are doing numismatics a disservice by killing off interest in this way.

[ausjack]

:ireful: yeah that's right Fulvio so rally the troops mate it's time to burn it down..viva la revelation :focus: :mocking: