Rare 1968 2 Cent

Australia Coin 2 cent 1968 truly rare. Veri hard fine this coin. This Pics very fine 2 cent 1968 coin. Australia Coins Very good for Collectors. Pics:



While new members are allowed and encouraged to post pictures, they're not allowed to post URLs or links to items they have for sale. Sorry, renos78, it's in the rules. Click here. Sap

The 1967 "No SD" 2 cent has transacted about 5 times in the last 15 years that I've noted two of which were "Mint-state". I would class it as very-rare. The 1968 'No-SD' 2 cent piece is extremely rare. I've seen one a dealer in Sydney had 15 years ago in EF-40 and one in mint-state-that's all in those 15 years and would rate it as such.

The Australian catalogue only rates the 1968 2 cent by its regular price as no transactions have come to their attention so the price hasn't been established. Both coins are severely underated considering they were noted in the 1970's and re-discovered in 1996 by J.H from Beecroft in Sydney.

Heres a link to a post I just wrote about my 1968 2c finds today
https://goccf.com/t/68498

Are the no SD a result of die fill?

Good find, Sander!

I think no SD 1968 2 cents is really rare one.
Congratulations!

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John

I don't know why everyone gets so confused over this, because it's really not complicated.

The scarcest circulating 2c coins are as follows:
1. 1969 (13 million)
2. 1968 (17 million)
3. 1988 (29 million)
4. 1985 (33 million)
5. 1970 (40 million)

There are also five NCLT years:
1986 (180 thousand)
1987 (200 thousand)
1990 (100 thousand)
1991 (150 thousand)
2006 (130 thousand)

Thus, the scarcest circulating 2c coin was dated 1969, followed closely by 1968.

If you include NCLT years, the scarcest 2c coin was dated 1990, followed closely by 2006 and 1991.

Now, because the NCLT coins came from mint sets and proof sets, they're all in very high grade, so although their mintage was very low, it's very easy to get them in uncirculated condition, so none of them are particularly valuable. The same goes for all other years in which mint sets and proof sets were issued. However, due to the redesign of the 50c, no mint sets or proof sets were issued in 1967 or 1968, so our best specimens for these two years came straight from circulation.

Because circulated coins get damaged quickly, only a very small number of 1967 and 1968 2c coins were kept in uncirculated or almost uncirculated condition, with the problem being exacerbated in 1968 due to the low mintage. Hence, it's easy to obtain a 1969 2c coin in high grade, but not a 1968 one, which makes a 1968 2c coin in high grade much more valuable.

Unfortunately, most 1968 and 1969 2c coins have been heavily circulated, so they aren't worth much more than face value. The only exception is if they're missing the SD, in which case, they'll be valuable no matter what condition they're in. This is because they're hard to find in any condition, let alone the higher grades, so most people are willing to settle for one in average circulated condition.

I hope this helps.

Thanks, Trout. I forgot about those ones because they weren't printed in Maccas. For those who don't know, there's also a 2017 2c coin featuring a kangaroo and joey, with a mintage of 30,000. This makes it the second-lowest mintage of the 2c coin.