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 Replies: 22 / Views: 4,335 |
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Valued Member
 Pakistan
207 Posts |
I'm sorry, Broken-Coin, I have no idea. I don't collect banknotes, and don't know anyone who does who would know about error notes. The face value of that note is about $10, although I doubt that is any help.
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Bedrock of the Community
13014 Posts |
Am I the only one who laughed when I read the part about the rumor of it having uranium?
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Pillar of the Community
614 Posts |
Well, putting radioactive Uranium in coins is a great way to commit mass genocide against your people. Wonder why no dictator has thought of that yet. :D Lol
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Valued Member
Canada
178 Posts |
Quote:
It always gets me how people can be so easily caught up in the hysteria.
Greenprint are you reading this? Stop thinking about hoarding plain old American pennies and move to Pakistan. Theres a killing to be made Now that is funny. |
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Valued Member
United States
227 Posts |
Quote:
Don't know if things are like here but in the USA there have been all sorts of items that have gone up and down in values. For example not to long ago there was this Beanie Babie craze. A lady I knew had me looking everywhere for a certain one that cost over $200. Today most are selling for about $1 or even less. o
People went nuts collecting sports type cards too. My Son had a massive collection he told me some day would be worth Millions. Ended up selling them all for about $100.
You just have to wait until the nuttyness wears off.
Coins, for some reason though, have been popular for thousands of years. Yet even with this hobby, prices can vary from place to place and year to year. Beanie Babies were merely a fad. Clever marketing maybe, or just perfect timing. It probably got a little more out of control because it was primarily a girl thing too. A big difference with coins compared to things like Beanie Babies is that coins hold a place in history and are unique. They've also been an incredibly integral part of any civilization for a really, really long time ... so you can hold an ancient coin and think about what it might have been traded for, much like we still do today. You can relate to that history, which is really cool. Obviously popularity is still a big component of coin collecting (and you never know what might change in 50, 100, or 300+ years) but I think it makes a lot of sense why numismatists have been around for a long time. |
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Bedrock of the Community
13014 Posts |
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Well, putting radioactive Uranium in coins is a great way to commit mass genocide against your people. Wonder why no dictator has thought of that yet. :D Lol LOL. Only one problem with that theory. Under dictators like that the people they would be trying to get rid of would more than likely be so poor they would just end up killing themselves hoarding all the money lol They must have been minted by Al-Qaeda. |
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Pillar of the Community
Australia
1006 Posts |
Wow how in the world could anyone convince them that it was true? lol:D
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Moderator
 Australia
16849 Posts |
I'm reminded of a couple of other "coin rumours". In Britain, a rumour went around in the early 1990s that two pound coins featuring the queen's portrait "wearing a necklet" were never supposed to have been released, and were therefore scarce and valuable. The royal portrait did not change over that period, however; all £2 coins issued from 1986 to 1997 have the same portrait, with the necklet. See the Chard Coins webpage. I have no idea how this rumour started, and it seems to be a mostly harmless one. In Paraguay, it's the 500 guarani coins that are supposed to be rare and valuable, because they "accidentally made them out of gold" or some such. There is a kernel of truth here from which the rumour sprung: in 1998 they changed the design of the 500 guarani coin, but accidentally issued some "mules" with the 1997-dated obverse and the redesigned 1998 reverse. It is these coins that are valuable, but they're valuable because they're rare and collectors want them because they are mint errors, not because they're made of gold. Tragically, many genuinely valuable mules (and many perfectly normal coins) have been ruined by ignorant treasure-seekers rubbing them on touchstones or doing other tests, looking for the gold ones - like the one in this old thread on the CU forum. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
1211 Posts |
I am no scientist, but I thought small quantities of Uranium were relatively safe, no?
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Valued Member
South Africa
105 Posts |
yes, those freakin 5 rand mandela coins are annoying.. they are EVERYWHERE and people hav graded them and stuff.. you cant browse through any local auction website without seeing a thousand of these.. I used to collect pokemon cards (i know, dont judge me) when I was a kid and had the so-called 'rare' ones which was going to make me RICH!! I ended up tossing the whole thing in the bin..
OP, keep a few, wouldnt hurt
Edited by R-Dawkins
06/19/2012 10:17 am
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Valued Member
Canada
220 Posts |
Nice to meet somebody from the "old country", R-Dawkins! Loving it here in North America these days, & it's a coin collectors paradise... :-)
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Valued Member
South Africa
105 Posts |
Howzit Islander! when did you leave good ol'SA? There is just so much variety over there with coins and ease of access too..
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Valued Member
Canada
220 Posts |
Been in Canada for just over 2 years now. I have always focused on collecting U.S. coins, so while I may not be living in The States, Canada's as close as makes no difference! I live in a town of +- 40 000 people, & there are 2 coin dealers. Never see that in a small town in SA... And all the coin shows that happen within reach, talk about spoilt! Dis rerig 'n wonderlike lewe hier, vir soveel redes!! ;-)
Staff Translation: It's really a wonderful life here, for many reasons!
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Valued Member
South Africa
105 Posts |
ek bly in Bloem.. so ja.. geniet dit Islander! ek is baie jaloors my maat!
Staff Translation: I live in Bloem .. so yeah .. Islander enjoy! I am very jealous my friend!
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Bedrock of the Community
United States
17884 Posts |
Quote:
Well, putting radioactive Uranium in coins is a great way to commit mass genocide against your people. Actually we came very close to having coins with Uranium in them. When they were searching for a substitute for copper for the cent one of the leading contenders was a brown glass piece that had the unique anti-counterfeiting of glowing under UV light. The glow was created by including Uranium oxide in the glass mixture. But the Manhatten Project put and end to it with all uranium being diverted to government use. Quote:
In Britain, a rumour went around in the early 1990s that two pound coins featuring the queen's portrait "wearing a necklet" were never supposed to have been released, and were therefore scarce and valuable. The royal portrait did not change over that period, however; all £2 coins issued from 1986 to 1997 have the same portrait, with the necklet. See the Chard Coins webpage. I have no idea how this rumour started, and it seems to be a mostly harmless one. The 97 two pound coin was GB's first bimetallic coin and it was scheduled to come out late in the year. Unfortunately they had some problems with the coin and the 97's were delayed and actually came out AFTER the 98's. Now until this point the two pound coin had had a different design every year. Both of these coins have the same design,as did the 99 and 2000, except for the portrait of the queen. So the public had been using the 98 coins when suddenly a few pieces with the same design but a different portrait turned up! (And the mintage of the 97 was only 1/7th that of the 98.) So they jumped to the conclusion that the 1997 was rare and wasn't supposed to have been released. People started hoarding them (Which made them that much scarcer, a self fulfilling prophesy.) The most obvious way to spot the "rare" one? The queen was wearing a necklace. Quote:
I am no scientist, but I thought small quantities of Uranium were relatively safe, no? It is. People hear the words "radioactive" or "radiation" and they tend to go into panic mode. Edited by Conder101
06/19/2012 7:19 pm
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Posted 06/13/2012 5:22 pm
