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 Replies: 40 / Views: 5,949 |
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Pillar of the Community
Australia
1006 Posts |
Read through the threads coinsaus it has all the information I posted. I meant at port macquarie Gold Coast was of the top of my head. By the way I never said that investigo were on ebay all I said was that Apcgs coins are being sold by Peter Wallace on ebay. |
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Valued Member
 Australia
315 Posts |
Quote:
It is being done by an active coin dealer: runs APCGS and Investigo I was reading through some of these threads and it is stated on it that they are investigo on ebay. You believe Peter Wallace is the head of APCGS? Edited by coinsaus
02/10/2014 10:18 pm
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Pillar of the Community
Australia
1006 Posts |
No I don't believe Peter Wallace runs it but ask the reputation of him around the forum and he is notorious for cleaning and/or over grading coins. They run a website I believe probably stopped on ebay due to neg feedback. |
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Valued Member
Australia
243 Posts |
As the adage goes "A coin is worth whatever a collector is willing to pay". The 1930 Penny is extremely popular and it is a big time status symbol amongst collectors. There are way rarer coins out there, even in terms of Australian coins, but the 1930 Penny is the one which people want.
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Pillar of the Community
Australia
1041 Posts |
and I think the 2000 mule $1 is the future 1930 to many and too much hype and is getting a reputation just like the fame of the 1930 everyone dreams of finding one just like today
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Valued Member
Australia
315 Posts |
But the difference is that there is anywhere from 6000-10000 of them, oh, and it's an error coin
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Pillar of the Community
Australia
750 Posts |
Coinsaus, where did you get that figure from?
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Valued Member
Australia
315 Posts |
Not only by the sheer amount sold on ebay over the past decade but there has been rumors that a bag of 5000 coins had been found by a person in WA I think it was. |
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Pillar of the Community
Australia
1006 Posts |
A bag of 5000 $1 mules? I'd be exceptionally sceptical because when the coin presses run all the coins got pooled into one main hopper which would then fill the bags. Here is an article confirming an estimate of around 6000-7000 based on the amount found. http://www.australian-threepence.co...0c-mule.htmlEdited by oh my florin
02/11/2014 6:48 pm
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Pillar of the Community
Australia
1041 Posts |
well my point is proven you blokes are building the reputation
you have no idea how many were or when so this just adds to the fire they will be the 1930 penny of the future just with hype and being able to find one is just exiting
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Pillar of the Community
Australia
750 Posts |
Hey OMF .... did you forget the link to the article?
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Pillar of the Community
Australia
1006 Posts |
Yes I did thank you unicorn the link is now up
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Pillar of the Community
Australia
750 Posts |
Thanks for that OMF a good read.
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Pillar of the Community
Australia
762 Posts |
Quote:
Yes it is world famous but I'm almost certain that I have read that it actually does not make it into the top 100 world coins Top 100 for what? value? rarity? popularity? The 1930 penny is one of the most expensive copper coins in the world. Its value has dropped a bit since the GFC but so have nearly all coins and banknotes. Sure you can get one at an auction house for as little as $15k but auction house prices are always lower than retail prices and when you add the 20% buyers premium at actually costs you $18k. Quote:
Demand is dropping at an alarming rate as decimal collecting has taken over the market, and the older generation of collectors are a dying breed. I would completely disagree with that. The demand for high grade predecimal coins is still strong. In fact they are a victim of their own popularity. Many high grade florins and pennies are so expensive now that it is out of reach of many people. Fortunately for those who can't afford predecimals, decimal coins have become very collectable over the past few decades. It's not "either / or". |
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Pillar of the Community
Australia
750 Posts |
 MOR A lot of comments are pure conjecture or unsubstantiated rumour. Edited by The Unicorn
02/14/2014 11:20 pm
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Posted 02/10/2014 10:17 pm
