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Tuvalu 2006 Red Back Spider

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Pillar of the Community
Australian coin's Avatar
Australia
1244 Posts
 Posted 05/18/2011  08:10 am Show Profile   Bookmark this topic Add Australian coin to your friends list Get a Link to this Message Number of Subscribers
Will be watching to see what this goes for!
http://www.ebay.com.au/itm/Tuvalu-2...em3f09f0e95e
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jimineez's Avatar
United States
287 Posts
 Posted 05/18/2011  09:17 am  Show Profile   Bookmark this reply Add jimineez to your friends list Get a Link to this Reply
I've never seen one of those before.
Cheese-Ball if you ask me, but I guess you didn't...sorry!
Valued Member
United States
259 Posts
 Posted 05/18/2011  09:40 am  Show Profile   Bookmark this reply Add chasinva69 to your friends list Get a Link to this Reply
I predict it will end with 0 (zero) bids.
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Sap's Avatar
Australia
16830 Posts
 Posted 05/18/2011  09:49 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
$1200 was the typical sale price for these coins last I noticed... but that was a while ago.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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jimineez's Avatar
United States
287 Posts
 Posted 05/18/2011  09:57 am  Show Profile   Bookmark this reply Add jimineez to your friends list Get a Link to this Reply
Holy Smokes,
$1,200 !?!?
To me, it looks like a token that Marvel Comics or some video game would come out with
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Sap's Avatar
Australia
16830 Posts
 Posted 05/18/2011  10:37 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
These coins were astonishingly popular here in Australia when they first came out. I can't explain it - it just is. It is the exception that proves the rule that "most of what the mints churn out these days is worthless junk". Nobody expected their success - the prices on ebay just kept rising and rising. The Perth Mint promptly followed up with half a dozen other "deadly and dangerous" critters, but not of them were as successful as this first one.

Here's a completed listing that sold for $1500. This one sold for only $950..

As I posted in this thread, Macquarie Mint sent my dad one as part of their "coin of the month club" system, which he gave to me. He'd have paid slightly more than issue price for it. So, no complaints here.

The ironic thing is, these things aren't even truly "Australian" coins - you won't find them in an Australian coin catalogue. At the time, Perth Mint's marketeers couldn't convince the Australian government to sanction them as legal tender; they had to use a flag-of-convenience country, Tuvalu, to legalize them.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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195 Posts
 Posted 05/19/2011  09:16 am  Show Profile   Bookmark this reply Add wesley to your friends list Get a Link to this Reply
AL920 on the pic with the barcode is a Downies product number so this coin most likely was bought on secondary market from them at inflated price.The BIN price is outrageous.I doubt anyone will bid on this once chased NCLT coin

The official Australia Post Stamp miniature sheet is genuinely more collectable,it is the only way to get the redback stamp,the rest of the series were issued for general postage,the redback was never issued because it looked too real
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Australia
1244 Posts
 Posted 05/20/2011  04:19 am  Show Profile   Bookmark this reply Add Australian coin to your friends list Get a Link to this Reply
He he, I guess no one wants to pick an envelope up with a deadly red back on it.
Ahhhhhhh red back spiders, creepy little buggers.
Valued Member
195 Posts
 Posted 05/21/2011  10:43 am  Show Profile   Bookmark this reply Add wesley to your friends list Get a Link to this Reply
CV for this coin is about sale amount
I personally wouldn't buy the coin its too expensive at present
Formerly nancyc
Nevol's Avatar
Australia
5385 Posts
 Posted 05/21/2011  3:55 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
It didn't sell, but has been re-listed at a lower BIN Price:
http://www.ebay.com.au/itm/Tuvalu-2...em3f0a147aea
life is a mystery to be lived not a problem to be solved
Valued Member
195 Posts
 Posted 05/23/2011  08:27 am  Show Profile   Bookmark this reply Add wesley to your friends list Get a Link to this Reply
Nancy at $1499 it won't sell either
The ebay fees for this would cost a lot so would commission if sold
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cnsjock's Avatar
Australia
151 Posts
 Posted 06/07/2011  06:55 am  Show Profile   Bookmark this reply Add cnsjock to your friends list Get a Link to this Reply
6th coin in series released today by Perth Mint, box jellyfish.
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cnsjock's Avatar
Australia
151 Posts
 Posted 06/07/2011  07:08 am  Show Profile   Bookmark this reply Add cnsjock to your friends list Get a Link to this Reply
Tuvalu-2006-Red-Back-Spider
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sel_69l's Avatar
Australia
21788 Posts
 Posted 06/07/2011  09:25 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I have no need to collect Red Back Spider coins.
I have plenty of the genuine ones in my garage (red backed spiders that is!) they are fairly common in Australia.

They are closely related to the American Black Widow spider. The venom of both have been known to kill, but these spiders have tiny fangs and it would be difficult for either of them to get a decent bite on a human victim. I have seen plenty of Black Widow spiders in San Diego. I just kill them by pressing my thumb on them! My American friends thought I was a little foolhardy, but I have had red backed spiders around me all of my life. Cats and dogs seem to have a built in instinct to leave them alone.

They both like a dry sheltered environment and their web is a fairly messy affair. They are both about the same size, with a fully grown specimen about 1.5 centimetres across the legs.

Until about 1950, Japan had no dangerous spiders. That changed when a shipload of Australian hardwood was shipped to Japan, and a colony of red backs hitched a ride. The red backed spider has survived in Japan since then.

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Australia
1244 Posts
 Posted 06/08/2011  12:27 am  Show Profile   Bookmark this reply Add Australian coin to your friends list Get a Link to this Reply
DEADLY AND DANGEROUS - AUSTRALIA'S BOX JELLYFISH 2011
1 oz silver
RRP: $ 116.00
Mintage -- 5,000
Tuvalu Legal Tender

The deadly and dangerous series continues with the Box jellyfish.

Previous releases are Eastern brown snake, Saltwater crocodile, Blue ringed octopus, Great white shark and the Red-back spider.

If poisonous, deadly and dangerous creatures are what you are into than you will like this coin.
Valued Member
195 Posts
 Posted 06/08/2011  09:37 am  Show Profile   Bookmark this reply Add wesley to your friends list Get a Link to this Reply
Lovely coins certainly
Overpriced definately
If issue price was more realistic these coins would be very popular
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