50 Cents Noodling Stats And Analysis For 2021

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Author	Replies: 10 / Views: 2,292
MachinMachinMan Pillar of the Community Australia 1985 Posts	Posted 11/29/2021 03:47 am I've noodled my 25 thousand 50 cent coins for the year and here are the stats. As expected no 1966 round 50 cents this year, but surprisingly also no 2000 incused millenniums (I usually find 4-6 per year). Note: these figures only include noodled coins. Any full mint bags or rolls of "uncirculated" coins I received from the banks are not included because they never really made it into circulation. In effect I just bought them at face value and did not noodle them. The final column (% of expected) is a very good indicator of the extent to which coins have been hoarded. For example I found 79% of the number of 1969 coins you would expect to find if all coins were equally distributed and still in circulation. (I found 275 when you would expect to find 347). Compare that to 23% for 1970 Captain Cook coins. If all things were equal I should have found 410 instead of 96. The most heavily hoarded coin is therefore the 1991 Rams head 50 cent. If they were all still in circulation I would expect to find 10 times as many as what I actually found. The coin I found way more than expected is the 2019 JC (14 times as many as you would expect). Yes they are a recent coin so probably not as hoarded as some others but I've seen a heck of a lot of full $200 mint bags on ebay which obviously never made it into circulation. As for varieties, the stats show that 5.35% of 2000 millennium coins have "fat letters". This is almost on par with the 1994 year of the family coin where 5.87% are the wide date variety. I think a lot of people haven't found any "fat letters" coins because you really need to view them under magnification to notice the fat letters. Of the 11 foreign coins I found masquerading as Australian 50 cent coins, 9 were Fiji 50 cents and the other 2 were from New Zealand - a large 50 cent coin and surprisingly a 1949 half crown. The 2 mint set only coins were 1989 and 1992, and the only NCLT 50 cent coin I found this year was a 2018 United newspaper coin. Happy noodling everyone. Edited by MachinMachinMan 11/29/2021 03:58 am Report this Post to the Staff

Basil Pillar of the Community Australia 1046 Posts	Posted 11/29/2021 05:32 am Quote: The most heavily hoarded coin is therefore the 1991 Rams head 50 cent. Interesting Stats..Thanks. I agree about the Rams Head,roller coaster since ebay started in Oz.,at one stage circulated coins were going for A$5+. Report this Post to the Staff
David Graham Pillar of the Community Australia 1617 Posts	Posted 12/01/2021 3:40 pm Some great stats there. Thanks. Report this Post to the Staff
Mr T Pillar of the Community Australia 2180 Posts	Posted 12/10/2021 4:58 pm Nice stats - two 2010 upsets is good too. Report this Post to the Staff
oriole Pillar of the Community Canada 5290 Posts	Posted 12/10/2021 5:36 pm In addition to being hoarded, coins will be lost or destroyed, and that number would be roughly proportional to age. I don't think that I have ever seen any estimates of the loss rate or how that compares to hoarding, but it would be interesting to consider this factor. Report this Post to the Staff
squaremealroundplate Valued Member Australia 185 Posts	Posted 12/10/2021 9:35 pm MachinMachinMan a great comprehensive list, thanks. Of the 1970 Cook 50c how many have the " tilted " 7 ? Also, though I don't think they can ever be found in circulation ( unless you're lucky ), how many of the 2004 CoA have the Pointy " A's " ? These are only available in the 2004 UNC mint sets. Report this Post to the Staff
Mr T Pillar of the Community Australia 2180 Posts	Posted 12/21/2021 6:30 pm By my own stats the tilted 7 is around 64%. Report this Post to the Staff
OzLeigh Valued Member Australia 215 Posts	Posted 12/27/2021 01:23 am Quote: As expected no 1966 round 50 cents this year You've got me thinking - Are 1966 silver 50 cent coins extinct in the wild? I haven't seen one. I guess the occasional few are returned to circulation by kids who stole them from grandpa's coin collection and spent them on lollies, but the shopkeeper would more than likely pocket them himself. Report this Post to the Staff
Basil Pillar of the Community Australia 1046 Posts	Posted 12/27/2021 05:27 am Quote: You've got me thinking - Are 1966 silver 50 cent coins extinct in the wild? Just about but Banks still get them periodically but they rarely get past the Tellers. Report this Post to the Staff
ryurazu Pillar of the Community Australia 1333 Posts	Posted 12/27/2021 11:22 pm @MachinMachinMan thankyou for share the knowledge not extinct, but you'll have to keep on trying much much rarer as the they stick out compared to background coins, not just a monetary value difference but people might take it out of circulation just for keepsakes. I reckon there is a very large hoard of them somewhere in australia that never entered circulation and is sitting in some old CBA cotton bank in a vault, yes I know that they said that many were melted down but that still tons of silver at 80% Oh the only silver actual silver coin that ive found personally from change was a sixpence used as a 5c coins but I gave the customer a chance to take it back. Mainly just find foreign coins trying to hide in our change. Edited by ryurazu 12/27/2021 11:33 pm Report this Post to the Staff
stevo1962 Pillar of the Community Australia 908 Posts	Posted 12/28/2021 03:11 am And not a single 2000 incused .Didnt realise they were so scarce Report this Post to the Staff
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