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Pillar of the Community
 4628 Posts |
The 20c was also similarily poor. For the first time ever, the condition of the 20c and 50c coins were noticably poorer than in the past. Many coins were losing their shine and getting spots and stains. But I also put this down to low quality sorting and general lack of care by Armourguard. Covid and a frustration with our increasingly socialistic government has led to a lack of pride in workmanship and many lower end jobs go wanting for decent workers.  As with the 20c always, 2006 and 2008 king sized mintage dominate the piles with 16 of the 25 coins from those two years. There were NO coins of either type from 2014. 2015 had a decent mintage and a few examples, 4 from 2019 and 1 from 2020. 2019 with 40 million coins was the 3rd largest mintage after the late noughties dates. 2006 x 7 2008 x 9 2015 x 4 2019 x 4 2020 x 1 None - 2014 wide and narrow dates. 20 cent coins were only minted in 6 different years so far! |
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Pillar of the Community
4628 Posts |
Finally the 10 cent coins. Being 50 in a roll, you can always get a better mix with these things.  Every year they were minted was here, but that is the best thing about them! The condition was very poor, apart from a couple of 2013 and 2014 coins, all of them were stained and darkened. Only some of the 2019 and 2020 were shiny. The fact I found 6 2020 coins and 3 were already stained and worn is not a good sign. Coins found 2006 x 10 2007 x 2 2009 x 1 2011 x 3 2012 x 4 2013 x 5 2014 x 4 2015 x 2 2016 x 6 2019 x 7 2020 x 6 All dates found  However these coins must have been stored in the water or kept in some dirty persons wallet or clothes.  Look at these 2006s  - I think they have a decade left in total Here is the other end 2020s - these are a few months old at most, yet the wear is worse on 3 of them than some of the 2015s and 2016s  Finally the decent oldies and a couple at least are off to Germany!  That concludes this noodle! |
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Pillar of the Community
Australia
9415 Posts |
Good to see the breakdown on what you are finding.
The coins don't seem to be lasting well in circulation.
Do you think this could be because there is not enough
coins in circulation, so they cop a hammering?
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Pillar of the Community
4628 Posts |
Probably not, I blame this on several factors.
1. Poor quality and cheap construction. Steel is a cheap and nasty material, it stains easily and has little attractiveness, same with aluminium bronze, just becomes hazy and worn over time.
2. Low value of coins, these coins have little value and thus are more likely to be in the hands of marginalised people, poor and children who generally don't treat them with much respect. People now see coins (Especially cents coins) as a hindrance and pay them little regard. Most end up in couches, behind car seats, change trays, piggy banks etc.
3. Brown colour of 10c coins, often get lost, dropped and fall in the water/dirt.
4. Auckland's climate, very wet and moist warm conditions - not good for steel and brass coins.
5. Small fiddly size - none of the coins other than the 50c or $2 are very big and thus easily lost.
6. Low status/frustration - cost of living crisis and poverty means when peoples notes are reduced to coins, they see themselves as broke and thus disregard coins. Coins are seen as largely worthless and useless.
7. Eftpos - the free and widespread usage of it has made coins redundant. Even coin dependent machines like vending machines, pokie machines, phones and parking meters, now only accept cards or notes, as coins often get jammed and also there is issues with vandalism and hoodrat thieves stealing coins from parking meters etc.
Also who has used a payphone with coins since like 1980?
Edited by Princetane
09/26/2022 12:43 am
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Pillar of the Community
Australia
9415 Posts |
PrinceTane thanks for your insight on why the coins are so nasty.
Telstra made payphones free in Australia. Probably cheaper than having
to repair them when they get vandalised for the coins.
I wonder if stainless steel would be a better option than nickel plated steel.
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Pillar of the Community
United States
1164 Posts |
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Moderator
 United States
188770 Posts |
Thank you for sharing your results.  |
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Pillar of the Community
Australia
1985 Posts |
Princetane, why just the one roll of each denomination? Are you skint or are NZ banks that stingy they only let you have one of each?.  |
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Pillar of the Community
4628 Posts |
Some question answering time (I addressed the one roll thing in an earlier)
Hoosier - there are no rare dates for these coins. The 1997 $2 coin is scarce, but not really worth more than maybe $10 on a good day. The wide date 2014 20 cents is less common, but not rare and any pre 2015 coin in UNC would be scarce, but again the resale market is minimal.
This exercise is more for fun than any form of financial gain.
Machinmachinman - Yes I am skint, I earn about $400 a week from my part time job and pay $250 just on household expenses, the rest goes on my creditcard - my coin purchases go off it. Because I am addicted to pokie machines, I try not to have cash on me too much.
Not all of us can afford to buy $2000 worth of coins - thats 2 months money for me. I am working class and of colour so will never be showing bling bling gold coins. Many of my nice coins are brought on credit and you may have noticed the most I spend on a coin now is around $100 rather than $500 in the past. I have also sold a few things this year, which has given me more money and got a decent welfare payment.
Realistically I am probably living outside my means, but its boredom and frustration than anything else - my partner is dying and my job sucks. Coins are one of my few pleasures along with gambling. The hours of my job ensure any social life is basically limited.
Also I get the coins from machine, banks here don't dispense cash, you get one teller who usually types away on a computer. Half the time the machine will be out of one or more denominations and as I stated a few posts back, shops need the coins for their floats and won't appreciate me clearing the machine out for noodling. Banking the coins is a hassle too, half the time the machine won't accept coin deposits - or half the coins will be rejected and its a slow and thankless process.
Plus also there are so few interesting coins, its pointless.
The start of this thread I got lucky as a friend had $500 worth of change, but now he is on a pension and has almost none.
I hope that answers your question, and again who is to blame for this lack of noodling pleasure - GREEDY Australian owned banks.
Seriously most banks now have small "drop in" banking hubs and 3 or 4 ATMs and the hours are like 10 - 2 on 2 days of the week, they used Covid as an excuse to shut it down more (It was only 9 - 4,30 Monday to Friday before Covid) and encourage you to do everything online. Aussie owned banks funnelled $10 billion of profit out of New Zealand last year.
The 2 New Zealand owned banks made almost none. One is in Taranaki province only and the other one is Kiwibank which is government owned and has no branches because of the post office deregulation, so 99% of us use the big 4 Aussie banks - BNZ, ANZ, Westpac and ASB (Auckland Savings Bank) which is owned by Commonwealth Bank of Australia. The rest are credit unions and things like Rabobank, which really are credit clubs that exist on loan sharking (Something I am against).
Not to be rude, but these Australian banks see New Zealand operations as a cash raising farm and nothing more.
Edited by Princetane
09/26/2022 2:16 pm
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Bedrock of the Community
United Kingdom
17953 Posts |
Quote:
Seriously most banks now have small "drop in" banking hubs and 3 or 4 ATMs and the hours are like 10 - 2 on 2 days of the week, they used Covid as an excuse to shut it down more (It was only 9 - 4,30 Monday to Friday before Covid) and encourage you to do everything online. Unfortunately much the same thing is happening in the UK. My home town (population around 20,000 when you add adjoining villages) had four banks, two building societies and a main Post Office a few years ago. Now there's just one building society (who won't issue coins unless you've got an account there and limit you to a maximum of five bags of any denomination per day - depositing or withdrawing) and a tiny post office counter inside a grocery store. |
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Pillar of the Community
Australia
1985 Posts |
Quote:
the most I spend on a coin now is around $100 I don't think I've ever spent that much on a single coin. Maybe that's why your collection is so much more impressive than mine. I balk at paying the "market price" for coins. My most valuable coins are the 5 mule dollars and the red poppy I found whilst noodling. The good thing about noodling is you are not really "spending" your money, you are just moving it around. I need to noodle bulk coin, otherwise the fun is over too quickly. Luckily here in Australia it's not hard to find a bank that will "happily" give you bulk bags of $100 (5c-20c), $200 (50c), $500 ($1) or $2000 ($2). Yes, dumping the coins can sometimes be a hassle. Edited by MachinMachinMan
09/26/2022 10:13 pm
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Pillar of the Community
4628 Posts |
And that is thing! Even with my sob stories, the noodling is really an aside. Banks get suspicious here, I have to wait a few days at least to return to unwanted coins and mostly at night after work.
My main thrust is the classic British and Australian silver coins, noodling is just a supplement the part of the collection where I can "play" with the coins and also to provide examples to 2 or 3 people who swap with me including Triggersmob and Redlock.
Also Australia, you have 56 years of coins to sort through and literally hundreds of commems and NCLT that can turn up in change. Here in NZ we have 5 denominations and less than 65 total different coins you can find over 32 years ($1 and $2, but many years had no coins) and 16 years for the cents.
I mean If I had $2000 of kiwi coins to noodle, I would likely fall asleep and have Jenga style piles of most dates and types and my reward may be 1 or 2 1997 $2 coins. You noodle $2000 of coins you get things like 1985 50 cent pieces, NCLT dollars and stuff that is only supposed to be NCLT. Our 2 commemorative 50 cent coins hardly ever turn up, out of all my noodles, I found 1 Armistice 50 cent piece.
Its like comparing a pile of cherries with 2 potatoes.
Edited by Princetane
09/27/2022 04:31 am
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Pillar of the Community
4628 Posts |
Finally I am sure by now, you all know judging by my photography skills, general illiteracy and everything else - if its not a halfcrown or anything else from 1843, its gonna be low rent.  Rupaul has Drag on a Dime, Tane has noodling on a dime.  That is why I added the laugh part, because even I know most people who noodle buy more than one roll.  Still I will keep buying rolls and noodling them, so I can get fresh pieces for myself and other people and also view the trends of date distribution in our change over time. I am already hedging bets on when our first "Charlies" arrive. Basically keep your eyes peeled for more el cheapo noodling here.  Finally 90% of my coin collecting focus and budget goes on British and Australian coins minted between 1816 and 1946  . 9% is being devoted to that How far back we go thread (Tane's Aussie coin history is in full flow) and 1% to this.  Edited by Princetane
09/27/2022 04:46 am
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Pillar of the Community
Australia
1512 Posts |
Princetane a friend of mine gave me a few New Zealand coins.
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Pillar of the Community
Australia
1512 Posts |
1 x 2014 two dollar, 1 x 2015 one dollar, 2 x 2016 50 cent,
1 x 2009 50 cent and 1 x 2006 50 cent making collection just by coins in circulation and given coins.
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Posted 09/25/2022 6:58 pm
