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My First Rotated 50c Coin!

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Pillar of the Community
Australia
1005 Posts
 Posted 07/18/2012  11:39 pm  Show Profile   Bookmark this reply Add ozcoins to your friends list
It seems that supply is low and demand is high.
That usually means price will be higher than most people would pay.
I dont want to sell, but what about the offer from TCH for $70?
Edited by ozcoins
07/18/2012 11:45 pm
Valued Member
Australia
490 Posts
 Posted 07/19/2012  12:26 am  Show Profile   Bookmark this reply Add steve - Oz 50c man to your friends list
demand seems high because these have only recently been identified, wait till they are turning up all the time on ebay and watch the price drop...
Valued Member
Australia
490 Posts
 Posted 07/19/2012  12:28 am  Show Profile   Bookmark this reply Add steve - Oz 50c man to your friends list
sorry
not meaning to rain on your parade...
Edited by steve - Oz 50c man
07/19/2012 12:28 am
Pillar of the Community
Australia
1005 Posts
 Posted 07/19/2012  12:57 am  Show Profile   Bookmark this reply Add ozcoins to your friends list
No worries.
Supply may well change and being patient may be the best thing to do if you want one.
The number of these is anywhere from "dollar mule" numbers to "incuse 50c" numbers (as they are both "single die" varieties).
They have been known for some time now, and not that many have turned up so far.
For a while, I thought that since I have found a few, they might not be rare, but apparently 1 person found 400 dollar mules early on, so I have no idea.
Only time will tell what the price settles at.
Pillar of the Community
Australia
1005 Posts
 Posted 07/19/2012  01:42 am  Show Profile   Bookmark this reply Add ozcoins to your friends list
Just checked dates and the silverstackers post about the 2010 rotated 50c was march 2011. That is where I learned about them.
I made my first post about them here in Feb 2012.
I am not sure when the magazine article was printed.
There have also been 3 listings on ebay that I know of.
I would expect that most noodlers were aware of them by now.
What do you all think?
How fast do these things get taken out of circulation?
Pillar of the Community
Australia
4411 Posts
 Posted 07/19/2012  02:09 am  Show Profile   Bookmark this reply Add enworb to your friends list
Incuses and Mules are still being found
Pillar of the Community
Australia
1005 Posts
 Posted 07/19/2012  02:25 am  Show Profile   Bookmark this reply Add ozcoins to your friends list
I know mules and incuse 50c are still being found, but they get harder and harder to find over time.
If 1% of what is left gets removed each year, the difficulty in finding them does not change very quickly.
If 30% of what is left gets removed each year, then very quickly, they get much more difficult to find.
PS. Still looking for my second incuse!
Edited by ozcoins
07/19/2012 02:28 am
Valued Member
Australia
148 Posts
 Posted 07/19/2012  03:41 am  Show Profile   Bookmark this reply Add The Coin Hunter to your friends list
Here's one of my 2010 rotated die coins . Is it worth $70? You be the judge. My thoughts are to let the market drive the price on these coins. If more come out of the woodwork then the prices will drop. If they get sold in drips and drabs then the price will stay up there.

TCH

My-First-Rotated-50c-Coin!

My-First-Rotated-50c-Coin!
Formerly nancyc
Australia
5385 Posts
 Posted 07/19/2012  3:55 pm  Show Profile   Bookmark this reply Add Nevol to your friends list
If I didn't already have one due to the generosity of a another CCF member I probably would pay $70 for it. It seems to be in pretty nice condition.
life is a mystery to be lived not a problem to be solved
Valued Member
Australia
148 Posts
 Posted 07/20/2012  04:21 am  Show Profile   Bookmark this reply Add The Coin Hunter to your friends list
Hi all, I've decided to remove my 2010 50 cent rotated coin from sale. I'm already missing it and haven't even sold it.
TCH
Valued Member
Australia
428 Posts
 Posted 07/20/2012  04:29 am  Show Profile   Bookmark this reply Add keldaw2222 to your friends list

yea , thats right just my luck ,and I was just about to make you an offer ,..

,, kel ,,
Valued Member
Australia
148 Posts
 Posted 07/20/2012  04:42 am  Show Profile   Bookmark this reply Add The Coin Hunter to your friends list
Sorry Keldaw2222, I was getting a bit anxious to remove it while I was noodling and thought it would be just my luck that that someone would make an offer to buy it before I removed it from sale.
TCH
Valued Member
Australia
428 Posts
 Posted 07/20/2012  04:47 am  Show Profile   Bookmark this reply Add keldaw2222 to your friends list
no worries , just enjoy it , it may be the only one you,ll ever get .. ,, kel ,,
Valued Member
Australia
148 Posts
 Posted 07/20/2012  4:32 pm  Show Profile   Bookmark this reply Add The Coin Hunter to your friends list
Actually I have found quite a few of these now. That's why I thought I could sell one. It just happens that this particular one is my favorite.
TCH
Valued Member
Australia
318 Posts
 Posted 07/20/2012  9:50 pm  Show Profile   Bookmark this reply Add penny dreadful to your friends list

Quote:
Actually I have found quite a few of these now


Grrrrr......

Seems like you are in the right geographic location to take advantage of these, TCH - make the most of it - grab 'em from circulation while they still have little wear, then offer them to good homes!!
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