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2005 $2 Coin With Rim Error?

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Valued Member
Australia
301 Posts
 Posted 10/17/2014  7:27 pm  Show Profile   Bookmark this reply Add sweetap to your friends list
MAD = Misaligned Die I believe.
Valued Member
Australia
55 Posts
 Posted 10/17/2014  8:09 pm  Show Profile   Bookmark this reply Add andycoinster to your friends list
Ahh, thanks very much, the old misaligned die trick. Wonder why more common on the $2 - outsourced to China, India?

Nancy, when you say you have quite a lot of these, this includes with the holes through them?
Pillar of the Community
Australia
560 Posts
 Posted 10/20/2014  12:03 am  Show Profile   Bookmark this reply Add Enlil to your friends list
No $2 have been produced outside Australia. But a common mint error.
Pillar of the Community
Australia
852 Posts
 Posted 10/20/2014  01:47 am  Show Profile   Bookmark this reply Add nealeffendi to your friends list
Lots of $2 have been produced outside Australia. From the same sorts of "mints" that make 1930 pennies.
Formerly nancyc
Australia
5385 Posts
 Posted 10/20/2014  7:28 pm  Show Profile   Bookmark this reply Add Nevol to your friends list

Quote:
Nancy, when you say you have quite a lot of these, this includes with the holes through them?
Is this a real question, or are you just
life is a mystery to be lived not a problem to be solved
Pillar of the Community
Australia
2830 Posts
 Posted 10/20/2014  9:19 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list
quote 1: "Wonder why more common on the $2 - outsourced to China, India?"
quote 2: "No $2 have been produced outside Australia."
quote 3: "Lots of $2 have been produced outside Australia."

I may have to stand corrected on this.

For some years now, all Australian coins are minted on planchets that sourced from outside RAM.
As I understand it, a South Korean company has had the contract for all denominations for the last few years.
But, as I understand it, Australian coins have not been minted outside Australia for many years (1983 ?).

I invite informed comments ...


Valued Member
Australia
301 Posts
 Posted 10/20/2014  10:55 pm  Show Profile   Bookmark this reply Add sweetap to your friends list
Hope this helps.

The coin has only been struck at the Royal Australian Mint in Canberra, the nation's capital. The only year that had no production was 1991, due to the large amount issued for its introduction in 1988.

In accordance with all other Australian coins, the obverse features the portrait of the reigning monarch, who during the lifetime of the coin has only been Queen Elizabeth II. From 1988 to 1998 the portrait of her was by ( Raphael Maklouf ) before being replaced in the following year by one sculpted by Ian Rank-Broadley.[2]

Designed by Horst Hahne, the reverse depicts an Aboriginal Elder, inspired by an Ainslie Roberts drawing of Gwoya Jungarai, known as One Pound Jimmy.[4] However, the design is not intended to depict any person in particular.[5] The design also incorporates the Southern Cross and native grasstrees. The initials of its designer, Horst Hahne, were removed from the design from 1990 onwards.[1]

All two-dollar coins have been struck at the Royal Australian Mint in Canberra. 160.9 million coins were minted in the first year of issue.[4] It has been issued in all years since except 1991,[4] with an average mintage of 22 million coins per annum from 1989 to 2008.





The 2012 Remembrance reverse $2 coin.
In 2012, the Australian mint released the first ever different designed 2 dollar coin. It features a poppy flower, with the words LEST WE FORGET and REMEMBRANCE DAY in the background of the coin. There had been no commemorative designs for this issue, until the 2012 Remembrance coin was minted. On 21 June 2013, a second commemorative 2 dollar coin was launched by the Royal Australian Mint. This coin, commemorating the 60th anniversary of the coronation of Queen Elizabeth II, featured a purple circle bordering St Edward's Crown. It was therefore the first coloured circulating coin to be released in Australia.[6]

When the coin was introduced there were complaints that the coin was too small for its value and was easily lost, or counterfeited by placing two 5 cent pieces together and colouring them gold.[citation needed] However, with an uninterrupted milling on the 5 cent and the 2 dollars having 5 grooves in 4 lots separated by 7mm length of the side, identification is easy. It has the same size and milling as the 10 Swedish kronor.

Its smaller size in comparison to the $1 coin can lead to confusion for visitors from outside Australia.[citation needed]

Minting figures[edit]

The coin has only been struck at the Royal Australian Mint in Canberra, the nation's capital. The only year that had no production was 1991, due to the large amount issued for its introduction in 1988.[1]
1988: 160,900,000
1989: 31,600,000
1990: 10,300,000
1991: 0
1992: 15,500,000
1993: 4,900,000
1994: 22,100,000
1995: 15,500,000
1996: 13,900,000
1997: 19,000,000
1998: 8,700,000
1999: 27,300,000
2000: 5,700,000
2001: 35,600,000
2002: 29,700,000
2003: 13,700,000
2004: 20,000,000
2005: 45,500,000
2006: 40,500,000
2007: 26,000,000
2008: 47,000,000
2009: 74,500,000
2010: 19,800,000
As for where the planchets came from,-- I have no idea where they have been sourced from if at all.

Also remember there are many uncirculated $2 coins produced for collectors only etc not circulation so maybe they have been produced out side Australia but the circulated $2 is only ever been minted in Canberra.
Edited by sweetap
10/20/2014 10:59 pm
Pillar of the Community
Australia
852 Posts
 Posted 10/20/2014  11:27 pm  Show Profile   Bookmark this reply Add nealeffendi to your friends list
When I said lots were produced outside Australia I thought the reference to the 1930 penny made things clear. Lots of fake (counterfeit) $2 coins are produced outside Australia. Not as common as say the fake English 2 pound coin (supposed to be about 1 in 40 of the 2 pound coins so about 10 million fakes). Still not that hard to find a fake $2 coin (both local and Chinese fakes) if you noodle for them.
Sterling and Currency (Andrew Crellins website) even mentions seeing bags of fake $2 coins for sale at shows in HK and Singapore.
Valued Member
Australia
301 Posts
 Posted 10/20/2014  11:40 pm  Show Profile   Bookmark this reply Add sweetap to your friends list
Makes sence Neal, Yes I'm aware there are fake $2 coins I can not tell the difference but I know there out there LOL.

I was just making it clear on the LEGAL side of things LOL after all you shouldn't count a fake as anything other than what it is NOTHING at all but a lump of?.
Valued Member
Australia
55 Posts
 Posted 10/20/2014  11:42 pm  Show Profile   Bookmark this reply Add andycoinster to your friends list
Hi to Nancy - no it was a very genuine qn. My $2 coin has holes through it around the rim - is this really common is my qn? I take it that MAD/ non-central strikes are a fairly common error on the $2 - but are they common to the extent you get holes through the rim over the reeds? Sorry if it seems a silly qn - remember I'm new :)
Edited by andycoinster
10/21/2014 12:13 am
Formerly nancyc
Australia
5385 Posts
 Posted 10/21/2014  12:29 am  Show Profile   Bookmark this reply Add Nevol to your friends list

Quote:
left holes you can see through looking at the coin square-on.
Mine have the little pits, but not holes that you can see through.

$2 1998 c2 Rev Rim Dots, the 5 green bars indicate the Reeding positions.

2005-$2-Coin-With-Rim-Error?


life is a mystery to be lived not a problem to be solved
Valued Member
Australia
55 Posts
 Posted 10/21/2014  01:26 am  Show Profile   Bookmark this reply Add andycoinster to your friends list
Oh yeah - thanks - same thing really, the pits on mine go right through if you look at it through a loupe - some of yours are probably the same. I've decided to keep it anyway as my 1st error coin (as common as it is).
Valued Member
Australia
55 Posts
 Posted 10/21/2014  01:29 am  Show Profile   Bookmark this reply Add andycoinster to your friends list


Although how do you get 7 pits from 5 reed "channels"? Mine has 5 pits, 4 of them opening through to the side of the coin. Five pits I can understand - guess you "pitted me at the post" (insert symbol for super-lame humour).

I do like these bouncing fruit things...
Edited by andycoinster
10/21/2014 02:06 am
Formerly nancyc
Australia
5385 Posts
 Posted 10/21/2014  7:35 pm  Show Profile   Bookmark this reply Add Nevol to your friends list

Quote:
Although how do you get 7 pits from 5 reed "channels"?
That's got me stumped too! It's one of the reasons I posted that particular image.

I'll see if I can dig out some more & see how they compare. I'm pretty sure the 'pits' in mine don't go through, but will check if/when I find it again.
life is a mystery to be lived not a problem to be solved
New Member
Australia
16 Posts
 Posted 06/24/2015  08:02 am  Show Profile   Bookmark this reply Add ilic86 to your friends list
Hi. I have a similar coin to this but 2005 anyone knpw what the are going for what there worth if anything. I herd you can fetch upto $500 for them. The particular one was from 2000 tho.

2005-$2-Coin-With-Rim-Error?

2005-$2-Coin-With-Rim-Error?

2005-$2-Coin-With-Rim-Error?
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