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David Jones $100 Token Gold Coin

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Australia
1 Posts
 Posted 05/07/2018  08:21 am Show Profile   Bookmark this topic Add echarlotte to your friends list Get a Link to this Message Number of Subscribers
Hey everyone!

I have a David Jones $100 gold coin & i'm wondering how much it could potentially be worth? Please see the photo included with the post!

Thanks in advance!

David-Jones-$100-Token-Gold-Coin
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sel_69l's Avatar
Australia
21786 Posts
 Posted 05/07/2018  10:02 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
For the benefit of our non Australian friends,
David Jones is a large department store chain in Australia.
Business not so good for them, with on line trading.

As far as the gift tokens are concerned, I am really having to dig into my memory, from decades ago, and thus stand to be corrected.

David Jones issued bronze silver and gold colored gift tokens.
The bronze $25 were bronze, the $50 were silver probably copper nickel, and the $100 gold were also copper nickel, probably gold plated.
?Issued in the late 1990's?

Noble Numismatics - Macquarie Street Sydney, may be able to provide all of the relevant information on them that has been published. They are very good on the history of Australian numismatics.
Give them a 'phone call.

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Sap's Avatar
Australia
16809 Posts
 Posted 05/07/2018  10:38 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
I'm thinking more 1970s than 1990s.

They're also illegal. Section 22 of the 1965 Coinage Act prohibits the private manufacture of tokens that offer to be equivalent of, or exchangeable with, legal tender.

And despite my years of reading Australian coin magazines and coin club newsletters and publications, I have never once even heard of these items, except for a post made last year on this very forum: http://goccf.com/t/295263
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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jbuck's Avatar
United States
187702 Posts
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ryurazu's Avatar
Australia
1333 Posts
 Posted 05/24/2018  05:35 am  Show Profile   Bookmark this reply Add ryurazu to your friends list Get a Link to this Reply
Ah @Sap I think they weren't manufacture by DJ, they were actually made by Perth Mint for DJ (they paid Perth Mint, dont ask me how it works). Stand to be corrected.
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Australia
6 Posts
 Posted 10/27/2022  12:50 am  Show Profile   Bookmark this reply Add Nrshepherd1979 to your friends list Get a Link to this Reply
After a lot of research by myself over the last 5 years I have managed to obtain a $25, $50 and $100 dollar tokens, with a $250 token also available.

These tokens were produced by The Royal Australian Mint

The image here is from the 1994 David Jones Christmas Catalogue

David-Jones-$100-Token-Gold-Coin
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mrcruise's Avatar
Australia
552 Posts
 Posted 10/27/2022  01:06 am  Show Profile   Bookmark this reply Add mrcruise to your friends list Get a Link to this Reply
I don't know for sure about the David Jones Gold medallions but my research indicates the silver medallions were definitely silver plated and not pure silver
Logic suggests the gold medallions were the same - gold plated
Worth is subjective, though I would think you would get a good return on this because it does not often come up for sale
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mrcruise's Avatar
Australia
552 Posts
 Posted 10/27/2022  02:37 am  Show Profile   Bookmark this reply Add mrcruise to your friends list Get a Link to this Reply
In case anyone is interested the numbering is engraved on the edge of medallion
Edited by mrcruise
10/27/2022 05:54 am
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United States
2281 Posts
 Posted 10/27/2022  03:12 am  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
I don't see much value at all.

Everything is plated.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 10/27/2022  06:16 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Leaves me to consider what the legality of the
Coca Cola sovereign may be.
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Sap's Avatar
Australia
16809 Posts
 Posted 10/27/2022  09:30 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
Leaves me to consider what the legality of the
Coca Cola sovereign may be.

Perfectly legal - it wasn't claiming to be exchangeable for legal tender. It was just a gold medal, that happened to have similar gold content (but not weight and fineness) to a sovereign coin, legally no different to any other bullion round except for being an inconveniently indivisible fraction of a troy ounce.

And I'm very surprised to learn they were made at the RAM. I guess the RAM's interpretation of the Coinage Act was different to mine.
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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Sap's Avatar
Australia
16809 Posts
 Posted 10/29/2022  07:02 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
After a lot of research by myself over the last 5 years I have managed to obtain a $25, $50 and $100 dollar tokens, with a $250 token also available.

There is one other token for a "complete set": the $5 token, mentioned in the advertising blurb that came with the set of silver "pudding coins". Here it is, in a set for sale on ebay: https://www.ebay.com.au/itm/255767079051
David-Jones-$100-Token-Gold-Coin

I'm guessing these $5 tokens are smaller than the regular gift tokens; if the "pudding coins" are about threepence-sized, then the $5 token must be no bigger than a 10 cent piece.

My final question regarding these tokens is this: they bear no date of issue, nor expiry date. So are they still technically valid for their face value at DJ's?
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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Mr T's Avatar
Australia
2180 Posts
 Posted 12/10/2022  06:28 am  Show Profile   Bookmark this reply Add Mr T to your friends list Get a Link to this Reply

Quote:
So are they still technically valid for their face value at DJ's?


Good luck - I can't imagine anyone still there knowing what on earth these are.
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Sap's Avatar
Australia
16809 Posts
 Posted 05/05/2025  01:48 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Just a quick bump on this old thread for some additional info on these tokens.

I found a $50 token for sale at the Geelong Vintage Market for $75, so I now have one of these tokens.

I also found a website with one for sale: https://loosechangecoins.com.au/pro...d-gift-token

That website states that the tokens are individually numbered, like banknote serial numbers. So I crack open the case of mine and sure enough there's a number there on the edge; mine is number 23462.

Assuming they started at 00001, that's a higher mintage than what I was expecting.

Finally, on the question of manufacturer: David Jones seems to have contracted several different mints to make them. The sales blurb for the $250 in this thread states the $250 at least were made by the RAM. The $25 tokens, on the other hand, are clearly marked STOKES MELBOURNE on the reverses (example on eBay), so those ones were made by Stokes.
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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