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A Little Help Please

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Valued Member
grouse12's Avatar
New Zealand
227 Posts
 Posted 09/15/2006  03:49 am Show Profile   Bookmark this topic Add grouse12 to your friends list Get a Link to this Message Number of Subscribers
Hi people, now that I am actively collecting Australian coins I have a couple of questions for you all. First I have read a lot of threads mentioning PNC coins what does pnc stand for? And second what, in your opinion, would be a good type for me to start collecting? Thanks for any help

John.
Edited by grouse12
09/15/2006 03:50 am
Pillar of the Community
Snooba's Avatar
Australia
1360 Posts
 Posted 09/15/2006  04:20 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply
P.N.C. = Philatelic Numismatic Cover (or First Day Cover & Coin)
When you say "what, in your opinion, would be a good type for me to start collecting?", do you mean of PNC or simply what type of coin in general? Have you narrowed your preferences down at all? Do you prefer Pre-Decimal or Decimal, Circulating or NCLT? Or do you have absolutely no preference or any idea where to start?
Valued Member
grouse12's Avatar
New Zealand
227 Posts
 Posted 09/15/2006  06:34 am  Show Profile   Bookmark this reply Add grouse12 to your friends list Get a Link to this Reply
Thanks for that Snooba! As for where to start I really have no idea. At the moment I am just grabbing anything I can find decimal or predecimal.
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Snooba's Avatar
Australia
1360 Posts
 Posted 09/15/2006  08:32 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply
Well, I personally collect just about anything! If it's big and shiny, I like it, if it's pretty, I like it, if I find it in circulation, I like it - do you notice the trend here? But mostly I love the Australian twenty-cent, fifty-cent and one-dollar coins in all their marvellous varieties. In my opinion, just collect what you love.
Valued Member
grouse12's Avatar
New Zealand
227 Posts
 Posted 09/15/2006  12:48 pm  Show Profile   Bookmark this reply Add grouse12 to your friends list Get a Link to this Reply
Nicely put Snooba, thank you!
Valued Member
Eric's Avatar
Australia
222 Posts
 Posted 09/20/2006  7:30 pm  Show Profile   Bookmark this reply Add Eric to your friends list Get a Link to this Reply
Hi John,
So what have you decided to collected? I've been collecting for over ten years now. I started with Mint Products, then migrated to Commonwealth Pre-decimals, then moved to Aussie Trade Gold, and haven't looked back! You might find Pre-decimals (Gold, Silver, and Copper) very rewarding if you enjoy the history and heritage in the coins you collect. Or you can collected those sterile knickknacks that the Mint churns out each year if you like those! I'd like to know how you're going.
Valued Member
grouse12's Avatar
New Zealand
227 Posts
 Posted 09/20/2006  8:23 pm  Show Profile   Bookmark this reply Add grouse12 to your friends list Get a Link to this Reply
Hi Eric,
i decided after reading several threads to collect decimals from circulation and I have to thank Snooba and Triggersmob for helping me to get a head start!! I do buy the pre decimals when I see them as they make a nice contrast to my NZ pre decimal set. As for gold yes I am looking at collecting sovereigns and half sovereigns as the budget allows. As I have said before man you Aussies are lucky, you have such cool coins!!!!
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Snooba's Avatar
Australia
1360 Posts
 Posted 09/21/2006  05:36 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply
quote:
Originally posted by Eric

Or you can collected those sterile knickknacks that the Mint churns out each year if you like those!


Always nice to hear from an unbiased observer!
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triggersmob's Avatar
Australia
9415 Posts
 Posted 09/21/2006  06:30 am  Show Profile   Bookmark this reply Add triggersmob to your friends list Get a Link to this Reply
John,

Your coins are on the way, I posted them yesterday. Let me know when they arrive, I'm interested to see how long it takes to get to N.Z.

Steve
Valued Member
Eric's Avatar
Australia
222 Posts
 Posted 09/21/2006  10:49 am  Show Profile   Bookmark this reply Add Eric to your friends list Get a Link to this Reply
Great sense of humour, Snooba.
And John, if ever you have any questions about sovs or Commonwealth coins, don't hesitate to asked. I am very happy to help...
And thanks: We do have a great set of coins to collect!
Pillar of the Community
toast's Avatar
Australia
1091 Posts
 Posted 09/22/2006  03:05 am  Show Profile   Bookmark this reply Add toast to your friends list Get a Link to this Reply
quote:
Originally posted by grouse12

....i am actively collecting Australian coins....what, in your opinion, would be a good type for me to start collecting?



My advice would be to first get a copy of " A pocket guide to Australian Coins and Banknotes" by Greg McDonald.

Bigfella, a member of the forum can help you with this.

After that, I would suggest collecting the normal circulating coins at face value, until you decide what you like the most to collect. You'll find the Australian 50c have a lot of variety of designs as well as the $1 coins. You could try and collect 40 x 5 cent pieces all with different dates , but I find that less interesting than collecting different designs from around the world. Actually, I do have a 5c collection as well as the rest of the denominations, LOL.

New Zealand has had some Great Big Dollar coins in the past, some real beauties. I have a few of them. Were they ever in circulation as normal currency?

Australia has alot of NCLT (Non Circulating Legal Tender) coins. Often the older ones you can get from ebay for a fraction of the origional mint price. It seems most collectors like the "Look-a-Like" coins, like the different designed dollars that are made just for collectors but have a mintmark on them, or another design on the reverse but still the same size and metal as those in circulation. These coins tend to keep their issue value or increase in value with time. While NCLT coins of odd denominations or size tend to loose value quickly.

I have collected most of the older Australian NCLT coins. There are some that I consider a real bargain, like getting the $10 NCLT Uncirculated coins for about $15 each. I've bought a few of the $25 olympic coins for face value (they origionally sold in 1993 for $54.). If they never increase in value, I can always spend them. LOL.

Snooba's advice to collect what you love, is the best. I don't collect coins as an investment because There are really better ways to invest money. For me, Collecting coins as a hobby is fun, collecting coins as an investment is a worry.
Edited by toast
09/22/2006 03:23 am
Valued Member
grouse12's Avatar
New Zealand
227 Posts
 Posted 09/22/2006  04:56 am  Show Profile   Bookmark this reply Add grouse12 to your friends list Get a Link to this Reply
Hi Toast, I am the same my coin collection is purely for my enjoyment and not for financial gain. The large dollars in NZ were never circulated and the same goes for the $5 and $10 coins. You are right there were some beautiful coins in that set from 1967 to 1990. I love all of the bird designs and it is a lot of fun to show non collectors my 1974 NZ day dollar because it looks like a giant NZ $2.
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rggoodie's Avatar
United States
23525 Posts
 Posted 09/22/2006  08:01 am  Show Profile   Bookmark this reply Add rggoodie to your friends list Get a Link to this Reply
Let me go bak to your original post
PNCs

This is another nice way of collecting coins.

You can get them through a dealer or you can subscribe via Australia Post and never miss a new one.

There are PNCs done by the Australia Post and there are PNCs done by private groups.

The coins differ in the PNCs- I have some with 1,5,10,50 cent &
$1, $2, $5 coins in them some are from private groups.
None are predecimal

Just another way to enjoy the Australian Coin collection.

Many of these have skyrocketed in price since their original retail launch price.
Pillar of the Community
Snooba's Avatar
Australia
1360 Posts
 Posted 09/22/2006  08:04 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply
quote:
Originally posted by toast

My advice would be to first get a copy of " A pocket guide to Australian Coins and Banknotes" by Greg McDonald.


I agree, I can't recommend highly enough the McDonald's guidebook.
Pillar of the Community
Snooba's Avatar
Australia
1360 Posts
 Posted 09/22/2006  08:16 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply
quote:
Originally posted by rggoodie

Let me go back to your original post
PNCs..........

.......Many of these have skyrocketed in price since their original retail launch price.


2000 $1 Last Anzacs - issue price $7.90 - retail price $125.00
2000 $1 Victoria Cross - issue price $9.85 - retail price $225.00
2002 50c Queens Accession - issue price $9.95 - retail price $165.00

Wish I'd bought some of those back then!!!
Edited by Snooba
09/22/2006 08:19 am
Valued Member
Eric's Avatar
Australia
222 Posts
 Posted 09/22/2006  6:51 pm  Show Profile   Bookmark this reply Add Eric to your friends list Get a Link to this Reply
Hey triggersmob: Nice collection. (I clicked the link beneath your comment.) How did you get to host it like that? Do we need to be premier members or can any one set it up?
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