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 Replies: 28 / Views: 14,498 |
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Pillar of the Community
Australia
762 Posts |
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The release of coloured $2 coins into circulation was an absolute nightmare for me, because they never mint enough for everyone to get their hands on them, and I almost always seem to miss out. My advice would be to have patience. These coloured $2 coins have been released every year. Last year they released 2. At this rate the time will come when people get jaded by the constant releases and then some of them will start reappearing in circulation. |
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Valued Member
Australia
248 Posts |
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The red Poppy $2 coin is a NCLT issue and wasn't put into circulation How do you know this? The mint's annual report from 2012-2013 lists this as a circulating release, and gxseries claims to have found some in circulation. Although they could have been NCLT, I've heard that the mint's annual reports are very accurate these days, so I'm inclined to believe what they say. Quote:
My advice would be to have patience.
These coloured $2 coins have been released every year. Last year they released 2. At this rate the time will come when people get jaded by the constant releases and then some of them will start reappearing in circulation.
This is very good advice. The last few years have been rather messy for me, so hunting down a bunch of low mintage coins wasn't really a priority for me. Having received a $1/10c mule in my change several years ago, I thought that I would eventually find all the coins I was missing in my change, and I'm only just beginning to realise that that's not necessarily the case. As a result, I've created some spreadsheets in Excel to help me determine how much effort I'll need to find the remaining coins, but the results I got for some of the coloured $2 coins are so alarming that they make me want to tear my hair out. According to my calculations, only about one in every 1,600 circulating $2 coins has a red poppy on it, and in order to have a 50% chance of finding one, you'd have to trawl through over $3,000' worth of $2 coins. However, because this was a coloured release, the odds of finding one in circulation are much lower than that, especially when you consider that this was the first coloured release, not a later one. Assuming that 80% of these coins have been removed from circulation, that's $15,000' worth of $2 coins I'd have to search through in order to find one. If 95% of them have been removed, then that's $60,000' worth of $2 coins I'd have to search through. Because that is entirely unreasonable for anyone who works full-time and has a shoestring budget, I really hope that MobOfRoos is correct and that other, less passionate collectors lose interest in them, and release them back into circulation. |
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Pillar of the Community
Australia
7096 Posts |
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According to my calculations, only about one in every 1,600 circulating $2 coins has a red poppy on it, and in order to have a 50% chance of finding one, you'd have to trawl through over $3,000' worth of $2 coins. However, because this was a coloured release, the odds of finding one in circulation are much lower than that, especially when you consider that this was the first coloured release, not a later one.
Hmmm Here is some information that you might find helpful with you Quest  There were 3 types of Remembrance Poppy coins issued in 2013, Lets go through these. First of all there is the uncoloured coin which had a mintage of 5,799,000 which was put into circulation and even now I am finding in my change occasionally .  The we have the 503,000 coloured coins with NO mintmark that was distributed exclusively by the RSL and were sold with a $10 donation card that they were glued to. These later showed up in rolls. These were NOT a circulation issue and are considered NCLT coins.   Lastly we have the coloured "C" mintmark coin issued by RAM that were minted "To Order" ( I have NO idea of the mintage figures for these)and are also NCLT coins.  So there you have it. Both the coloured Poppy coins are NCLT issue and finding one by "Noodling" will be incredibly difficult because they were NOT put into general circulation by the Mint and the only possible way they will be found in change is if a collector spends one and you "Miraculously" find it . |
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Pillar of the Community
Australia
3831 Posts |
I did find just one red poppy from circulation. If it was indeed intended to be NCLT - I guess I got very lucky.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Pillar of the Community
Australia
762 Posts |
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The mint's annual report from 2012-2013 lists this [red poppy] as a circulating release I remember at the time that there was some confusion over why the RAM referred to this coin as "circulating". Perhaps it is because the RAM didn't sell them retail, they dispatched them to the RSL and for accounting purposes that defined them as circulating. Trout is right though. The red poppies were never delivered to Banks to circulate like normal coins and are considered by collectors to be NCLT. |
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Valued Member
Australia
248 Posts |
Thanks for that. I hate it when the mint says a particular coin is "circulating" when they don't actually circulate it, because it leaves people like me feeling like a failure for not being able to find it in their everyday change.
The only reason I joined this forum was so I could get advice on how to noodle the 2012 $2 Red Poppy coin and the 1988 20c coin successfully, so it's nice to know that these coins were never actually circulated, so I can focus on other releases.
I've been very hard on myself lately for not being able to find some of these coins in circulation, so it's nice to know that these feelings are unjustified. Despite what I said earlier, I really do like the coloured $2 coins, but I really wish that the mint would make more of them so everyone can get their hands on them.
Edited by Hercules
02/12/2016 9:02 pm
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New Member
Australia
3 Posts |
What a relief.
I'm happy now to find out that the 2012 red poppy $2 is NCLT
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Pillar of the Community
Australia
1364 Posts |
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What a relief.
I'm happy now to find out that the 2012 red poppy $2 is NCLT As far as I am aware it was a circulating coin and I did find one in circulation. The funny thing was that I was banking coins for my son and the teller saw the red poppy and said that I might want to keep that one as she has had lots of people asking her if she had any. https://www.ramint.gov.au/two-dollarsEdited by coaster
10/07/2018 05:24 am
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Pillar of the Community
Australia
3831 Posts |
This is an old thread! Turns out that I found another red poppy from circulation. I'm starting to question the RAM figures. Mintage figures for all the colored 2 dollars released exclusively through Woolies are not available on the site. So is the poppy 2 dollar coins ever meant for the general public? https://www.ramint.gov.au/publicati...members-themMade me wonder that maybe some were unsold and were released into circulation at face value. |
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Pillar of the Community
Germany
992 Posts |
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Mintage figures for all the colored 2 dollars released exclusively through Woolies are not available on the site. So is the poppy 2 dollar coins ever meant for the general public? The numbers for the coloured $2 released through Woolies can be found in the RAM's annual reports. They are ''deeply hidden'' in the ''Appendix D: Collector coin production'' section. For reasons I neither know nor understand the RAM doesn't consider the ''Woolie coins'' regular circulation coins even though they clearly are. |
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Pillar of the Community
Australia
1333 Posts |
Redlock do u know what the figures are for them?
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Pillar of the Community
Australia
1333 Posts |
Changeover coins are also hard find or aleast complete a set due to both 1 dollar and 5 cent being hard to find.
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Pillar of the Community
Germany
992 Posts |
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Redlock do u know what the figures are for them? From the 2015/2016 report The six coloured $2 commemorating the 2016 Olympic Games: 2.000.000 each From the 2016/2017 report 199.449 paralympic $2 575 olympic team blue $2 Possum magic: invisible hush + happy hush: 2.000.000 each hush sees her tail: 800.000 Have I forgotten a coin? |
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Replies: 28 / Views: 14,498 |
First Page
Posted 02/07/2016 08:04 am
