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1977 Silver Jubilee 50c Holds Up Well

 
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Author Previous TopicReplies: 5 / Views: 306Next Topic  
Pillar of the Community

Australia
625 Posts
 Posted 07/26/2020  10:00 pm Show Profile   Bookmark this topic Add coaster to your friends list Get a Link to this Message
Every time I come across one these 1977 50c coins that commemorates the 25th anniversary of the Accession of Queen Elizabeth II it always amazes be how good a condition it's in!

Has anyone else noticed this about this particular coin?




Pillar of the Community
Australia
777 Posts
 Posted 07/26/2020  10:57 pm  Show Profile   Check ryurazu's eBay Listings Bookmark this reply Add ryurazu to your friends list Get a Link to this Reply
indeed however similar dated 197X don't do so well 1972,1973,1974 I have never seen a good one of those (best one was 1972 EF I would say), note I have found 1985 (even about AUNC one) and many 1993,1997
Pillar of the Community
United Kingdom
7476 Posts
 Posted 07/27/2020  03:21 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
That's strange. On my vacations in Australia in 2003 and 2018 I remember getting a couple of 1977 Jubilee 50c coins and thinking they were in much better condition than I would have expected!
Valued Member
Australia
291 Posts
 Posted 07/27/2020  5:58 pm  Show Profile   Bookmark this reply Add airgem to your friends list Get a Link to this Reply
They were hoarded in their millions. Extremely popular when issued. Everyone wanted one in the hope of making a few dollars. Over time it has become a dud in terms of increased value and are gradually being released back into the population as people realise this. Almost every collection I've seen over the years has a few(and a lot more) of them. Still a very nice coin.
Pillar of the Community
Australia
624 Posts
 Posted 07/27/2020  6:59 pm  Show Profile   Bookmark this reply Add Basil to your friends list Get a Link to this Reply

Quote:
They were hoarded in their millions.


Yep,similar to the Charles/Diana Coins,in 50 years time they will probably be still worth 50c.
These days unless its a extremely small mintage or has Gold/Silver content Coins will struggle to be worth more than face no matter what the condition.
Pillar of the Community
New Zealand
1320 Posts
 Posted 08/08/2020  07:01 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
I agree, mine is pretty much UNC. Also notice the 1970 Cook 50cents, 1966 Silver 50 cents (Usually EF/AU) seem to survive better than post 1994 50 cent coins - I have seen 2005 WW2 ones worn down to VF yet still shiny!

Also see a lot of standard obverse coins dated before 1990 in F - VF condition and cloudy. These are not hoarded like the commems. Unlike NZ a lot of 20c and up Australian coins seem to have commem designs. We could learn from the Aussies.
Loving Halfcrowns. British and Commonwealth coins 1750 - 1950 and anything Kiwi.
If it's round, shiny and silvery I will love it.
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