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 Replies: 19 / Views: 4,601 |
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Valued Member
 Australia
177 Posts |
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Pillar of the Community
Australia
1039 Posts |
Sad....  |
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Pillar of the Community
Australia
625 Posts |
Australia Post obviously have no control over the coins once in the hands of the outlet managers and staff.  |
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Valued Member
Australia
382 Posts |
As usual heaps have been sold on ebay PRIOR to the official release. No big deal, that's the way it goes now. However I was surprised to see two "Cotton and Co" rolls (one each of the Women and Mens coins) sold on ebay already. Images of the rolls show consecutive numbers on the (so-called) security stickers. So I guess they might be legitimate rolls of the new coins? The ebay records show the rolls were sold on 12 January- three days BEFORE the official release. Imperial Coins who roll the "Cotton and Co" rolls state on their website that the usual turnaround time is around three weeks for coin rolling. So, ASSUMING that those rolls are GENUINE, Imperial would have received the coins around 20 December. Well and truly while those coins were embargoed. Imperial are an experienced dealer and a member of ANDA. ANDA requires members to "accept and follow the Code of Ethics, to promote, develop and maintain a high standard of moral ethics in all business dealings for members and the public". So, does that mean any handling, dealing, trading or any other activities with embargoed coins other than what the RAM (or other contracted party, e.g. Australia Post, Woolworths etc) actually intended is acceptable by the RAM, ANDA or any other dealers? From now on, is prior-to-official-release sales on ebay going to be acceptable and the new way collectors will purchase coins? I wonder what other collectors think? Why bother with embargoes? |
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Pillar of the Community
Australia
2180 Posts |
Surely not official rolls - the mint would be selling them too.
I'm guessing Cotton and Co are RAM stockists and get the coins before release so they can sell them on release day, but I suppose there's nothing to stop them breaking them out and rolling them before release day too.
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Valued Member
Australia
382 Posts |
People are going nuts! Some people are paying more for the privy mark coins on ebay than they would if they bought them from Australia Post! I wonder what the attraction with coins on ebay is? |
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Pillar of the Community
Australia
1610 Posts |
Quote:People are going nuts! Some people are paying more for the privy mark coins on ebay than they would if they bought them from Australia Post! I wonder what the attraction with coins on ebay is? You cannot rock up to Aus Post and ask to buy a privy marked coin. Each coin is in a sealed cardboard pouch so you cannot see which coin has a privy mark. You have a 1 in 10 chance of a coin having a privy mark so on average you would need to buy 10 coins to score a privy marked coin so $120. That is why privy marked coins are more than $12 on ebay. To make matters worse, those who acquire large numbers from RAM will probably be able to identify which pouches have the privy coins which will then be removed and sold on ebay. The rest without privy marks will be sold to luckless punters hoping to score a privy marked coin. Edited by David Graham
02/13/2025 6:21 pm
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Valued Member
Australia
382 Posts |
My understanding is that ALL the coins were privy marked and the one in ten chance is for receiving a yellow/green coloured coin with privy mark. In any case, there were plenty of the yellow/green coins available on ebay too. As with the AFL coins in tubes with a one in ten chance of receiving coloured coins, the re-sellers (scalpers?) were able to work out which tubes/pouches had the coloured coins in them and remove those to pilfer the colored coins for themselves and sell on ebay. The one in ten chance of getting colored coins would obviously be wrong if they are being removed before release or circulation. So, the luckless punters continue to get ripped off. |
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Pillar of the Community
Australia
1610 Posts |
I agree, the Aus Post site is a bit confusing, but turns out all the coins are coloured (men and women) and have a privy mark. 1 in 10 coins has a special colour (fluoro yellow). These coins are the ones selling (or being sold) for a lot more than $12. https://www.ebay.com.au/itm/3357848...tralian+openMust admit, I'm guilty of pilfering the odd coloured coin.  Not this time though. Edited by David Graham
02/17/2025 11:27 pm
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Pillar of the Community
Australia
625 Posts |
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Pillar of the Community
Australia
625 Posts |
Just for fun ,i weighed the 8 (4 mens and 4 womens) coins in the sealed cardboard sleeves they come in. 2 of the mens coins were 22.57grams(the heaviest) 2 of the womens coins were 22.31 grams (the lightest)  The other 4 coins were around 22.45 grams. I repeatedly re-weighed all coins 3 times. I have not opened any of them ....yet. I wonder why they are not all the same?   Has to be the cardboard sleeves that differ slightly in weight? Edited by crab eater
03/02/2025 12:11 am
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Valued Member
Australia
382 Posts |
Come on Crab Eater, don't keep us in suspense. Did you score a fluoro coin? I hope you had a win anyway. I found my first one in today's noodle. No privy mark just the circulating version.  |
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Pillar of the Community
Australia
3831 Posts |
Finally got to process some photos   |
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Pillar of the Community
Australia
9349 Posts |
Me too, Didn't have any luck finding coins without paint chips.   |
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Moderator
 United States
187446 Posts |
Nice examples!  |
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Replies: 19 / Views: 4,601 |
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Posted 12/21/2024 05:48 am
