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 Replies: 65 / Views: 13,516 |
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Pillar of the Community
Australia
750 Posts |
That's excellent news D&W, congratulations!  |
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Valued Member
Australia
315 Posts |
Surprising, Because I was almost ready to put the house on it as altered
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Pillar of the Community
Australia
1295 Posts |
Quote:great news today, I had a call from Downies who did the coin verification and they have without any doubts concluded it is a fifty cent struck on a Twenty Cent planchet. bottom line price would be $850 but being a commemorative would not be surprised if it hit $1500 at auction Congratulations. I'd have given you $1500 for that coin the first day you posted it. Still would. It'll get more than $2000 at auction. |
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Pillar of the Community
Australia
1295 Posts |
Quote:
Surprising, Because I was almost ready to put the house on it as altered As I said earlier in this thread I can admire your caution (and that of a couple of other posters) but you should approach all errors with an open mind. It's too easy when you're starting out to think EVERYTHING is an error. Once you've learned a bit you'll start realising how many "errors" are just PMD or man-made junk and you'll start doubting everything and NOTHING is an error. However, once you've learned a lot and gained your confidence you can approach all "errors" with an open mind and start looking for characteristics of what makes an error real or not. I suggest you read about how metal flows when a coin is struck and it is constrained by a collar, about how it flows when it is not constrained, think about what effect a weak strike has, think about what effect a strong strike has, and learn what "fish tailing" is. I find "fish tailing" to be one of the key "tells" of whether a lot of errors are real or not. Edited by markn
02/04/2014 3:49 pm
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Pillar of the Community
Australia
1005 Posts |
Congratulations d&w!
There was no doubt for me once I saw the scanned pictures.
I do not think that being a commemorative makes much/any difference to the value of this coin - to me the value is all in the very unusual error.
Are you planning to sell it?
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Pillar of the Community
Australia
1041 Posts |
I collect these wrong planchets and I have paid a lot more then $2000 send it to auction
tip send it IAG on the gold coast
I would get my cheque book out I say $4000 at auction
still don't see any one calling this one mint sport
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Valued Member
Australia
354 Posts |
What can I say D/War. Very well done!  jpl.. |
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New Member
 Australia
36 Posts |
 both my son and I have learned an incredible amount in relation to error coins courtesy of the forum and the input by its members.a lot of errors seem insignificant to me and still surprises me . however both Brody and I are ever vigilant in looking at our change and whenever we get the chance to noodle. I will eventually sell the error coin cause I want to save up enough to invest in other coins such as 1930 penny. Downies have some interesting error specimens in their latest catalogue. once again I would like to extend a big thank you to all who offered comment in the lead up to the final verification. Downies gave me a nice letter of authenticity to accompany the coin back |
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Pillar of the Community
Australia
539 Posts |
i would say that you would be best selling it to shanew privately if you are to sell it. odds are he would be the one buying it at an auction anyway and you would then have commission to pay
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Pillar of the Community
Australia
1041 Posts |
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Pillar of the Community
Australia
1041 Posts |
Deathandwar
PM me if you are thinking of selling
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Pillar of the Community
Australia
7096 Posts |
Edited by trout1105
02/12/2014 5:33 pm
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Valued Member
Australia
295 Posts |
Hi deathandwar, I would get it sold ASAP. I went to a very small branch (that I don't usually go to) of my bank today to get coins to noodle and mentioned this coin in conversation. Unbelievably, they said a customer went in yesterday to cash in some coins from her travels and also had THREE of these coins that she asked about.  Of course I leapt on this and asked her is she still had them and she said she had directed the customer to the main branch elsewhere in the shopping centre for coin exchange. After my eyes retreated back into my sockets and my tongue rolled back into my mouth, the teller rang the main branch to see if the coins were exchanged. ... but evidently, the customer decided to hang on to them. Duh! So it would seem that there at least three others of these coins out there. I gave the teller my card and said if she remembered who the customer was - or if similar coins appeared - to let me know.  ... In hindsight, maybe my asperger goggles were on and she was only taking the p*ss at my expense, but I don't usually go into this branch so I can't believe a teller would bullsh*t a customer she didn't know. |
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Pillar of the Community
Australia
1005 Posts |
Awildeheart,
I would think that the chance of a non-collector (and she is not a collector if she was taking them to a bank), getting three of these is so remote that it is much more likely that there is a mistake in what you were told....
At a guess I would say she had three mutilated coins that she wanted to cash in.
What do you think?
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Valued Member
Australia
295 Posts |
It is quite possible that the teller didn't listen properly as I find a lot of people don't pay attention to or comprehend finer details. But because of that I do sometimes labour the point to make sure people get what I am saying if I suspect they can't take in a concept beyond what is familiar to their way of thinking. I did say "Are you sure it was a fifty cent Weary Dunlop design on a 20 cent coin" a number of times, and also made a point of saying 'coin' rather than 'planchet' in case that term confused her. But even with hitting her over the head with a wet fish, it would still be very possible that while I'm saying "two blue squares" she is hearing "five red triangles". People hear what they want to hear ...  |
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Posted 02/04/2014 07:11 am
