Predict The Future Decimal To Make The Million Dollar Mark

So what did it sell for?

Now getting back to what we were talking about


Surely your not serious? Decimal collecting is taking over pre-decimal at a screaming rate of knots. I know this as a fact, ask any coin dealer if this is happening. As I said before, a lot of collectors only collect things that they can relate to. What do you call a serious collector? A person who collects things continuously? Pennys was always the number 1 collected coin in Australia for decades but I bet the top 2 collected coins now are decimals

So will decimals still be screaming ahead in another decade when any circulating cash will be just a memory?
I suppose we could look at the current demand for 1 and 2 cent coins compared to current demand for pennies. There is no contest. Same will happen to the rest of the decimals after cash dies.
Or will demand for future NCLT grannybait be able to push the demand for decimals to anywhere near the demand for the pre-decimals?

1 and 2 cents NEVER had the massive backing of collectors of decimal coins like 20c, 50c and $1 collectors so it's pointless comparing them to pennies. Will decimals be still screaming ahead in a cashless society? Well then answer would be NO but the answer still will be no to pre decimals also. They will become stale like stamp collecting (no offence to stamp collectors out there)

Sounds cheap but possibly because it is an error coin and maybe that's why.

I'm not at all saying that decimals are overtaking/not overtaking pre-decimals. Simply think of it like this, take the scarcest decimal coin from regular change (no fancy foreign mistakes) say for example a 1972 5 cent piece. I bought a 1972 5 cent piece graded ms67 for <$200. You would not be able to find many pre-decimal coins ms67 for <$200. So even though the coins are not "relevant" to today's new collectors they still command far higher prices than decimals. Thus, even items that are obsolete still have value and are still collected some 50 years after becoming obsolete. My point is backed-up by your statement that pennies are the #1 collected item.

I'm not at trying to predict whether decimals will be more or less valuable than pre-decimals or whats in-vogue at the moment. What I believe is happening with pre-decimals is that the rarity of coins has been exaggerated. The market is flooded with high grade, low grade and every grade pre-decimal coins. What we're seeing in prices of pre-decimals is in-fact a correction while decimals are on the up.

In terms of 1/2c pieces picking up a GEM 1967 or 1968 2 cent wouldn't be a bad idea right about now ;)

Not at all, the market can be flooded by a fixed commodity. The fact that there are no new pre-decimals being produced (other than fakes) does not mean the number available to market is fixed.

I simply noted that the current price of pre-decimals is being corrected by market forces. I believe the prices are too high for certain (most coins), the rarity of coins has been over-stated. I'm able to pick up a 1925 penny today a lot easier than I could a few years ago by venture of ebay and many other sources. The advent of the eBay/online trader versus the professional coin dealer has a lot to do with these price corrections.

Is interest waning for pre-decimal coins? It's impossible to say what the market force is for certain.

I was not saying that the market cannot be flooded with an item that is not being produced any more - I specifically said 'the number of them in existence is fixed' separately to 'number available to buy'.
The point is that the only way the market can be flooded is that if current owners decide to sell, demand from buyers is not snapping them up. To me both of these things happening at the same time point to interest in them dropping - particularly if prices are dropping (which you also said is happening).