A 1966 Wavy 2, Finally.

Great find Sean.
I had to look half a dozen times befor I would allow myself to believe I had found one too. I still like to take it out occassionally and look at it.

Yep, I'll have to get back into noodling. I haven't done any for some months now. There's treasure out there simply waiting to be found

Hi,
I was wondering is it only the 1966 20 cent that is wavy or are there other years that have the wave.
Thanks
Bryan

Once again thanks for the info Sean. I guess I will have to pay abit more attention to the change I get from now on.

At one stage I was going through a sack a week, i.e., $200 / 50 Rolls. Roughly, lets say about 20-30 weeks

I've found lots of commemoratives, multiple 2001 state commemorative, bradmans, UNs the large head 2004, small SD's and numerous errors, including a(approx)170 degree 2001 upset.

I still consider myself lucky to have found the 1 'wavy'.

I should also point out that I have probably searched the same amount of 50 cent pieces and have still not found a millennium incused. Strange.

I do like the way the design uses the water and that concept is rare on coin designs ... it reminds me somewhat of the design on the Canada 1976 Olympic $5 silver coin



But I don't know of a circulating coin with such a use of water...

Congrats on the find!

What sort of grade would that coin get? And what about the 20 cent that Bargar posted?

I am massively confused about the grading system when it comes to decimal coins pulled from circulation since the books talk about "wearing of the highpoints" but most of the coins pulled from change don't tend to be as "worn" but have lots of scratches and dings in them.

Alistair

Mintage of the London mint '66 is 30,000,000 coins. With the scarcity of this coin, it is more than likely that there was only one die with this variety. An un-circulated example will set you back upwards of $2500, if you can find one.

Alistair, I would grade my coin as Fine. I tend to grade them on a par with pre-decimals, in that similar wear gets a similar grade. But then you have to take into account the dings and scratches as you said. The high speed minting process, rough handling and bagging procedures tends to bring a lot of coins down a grade straight out of the mint. I have pulled coins straight from security rolls that are pretty much straight from the mint that are too dinged to grade un-circulated. Even the rolls of APEC and Scout dollars from the mint have marks on them.
In that regard, I grade circulated coins with obvious wear as per pre-decimals, and coins pulled soon after release without any or much wear as if they didn't have the scratches and bag marks, and then adjust for these defects. An example would be the last 2009 $2 I pulled from circulation, they came from a bag that was opened at the register right in front of me. Both were un-circulated in a strict sense, yet one was so dinged I could only grade it Ef, so I spent it.

Chequer,
Here is the url for an Australian coin that uses stylised waves to show the relationship between water and the environment. Note that the 'waves' are actually a tree. The 1993 Landcare Dollar

http://www.cruzis-coins.com/silverd...rs/1993.html