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What Do They Know That I Don't?

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Author Previous TopicReplies: 14 / Views: 1,997Next Topic  
Pillar of the Community
Jeff's Avatar
Australia
877 Posts
 Posted 02/06/2012  11:53 pm Show Profile   Bookmark this topic Add Jeff to your friends list Get a Link to this Message Number of Subscribers
http://www.ebay.com/itm/DECEASED-ES...em3cc185a2f6
OK, I know they are UK coins, not Australian as listing category.

But.....9 bids from 4 bidders and up to $16.50. Plus $4.00 postage.
Four British florins and a halfpenny; all common years and all have seen better days. I would value them at less than $1.00 total.

Jeff
Pillar of the Community
erkle's Avatar
1119 Posts
 Posted 02/07/2012  12:31 am  Show Profile   Bookmark this reply Add erkle to your friends list Get a Link to this Reply
dont look at me this time lol
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 02/07/2012  12:33 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Bidiots or shill bidders
New Member
United States
6 Posts
 Posted 02/07/2012  12:38 am  Show Profile   Bookmark this reply Add htetrasme to your friends list Get a Link to this Reply
My only guess is that since the photo is dark and the coins are listed incorrectly in the Australian rather than British section, at least some of the bidders think they are getting Australian coins. If the coins were pre-1966 Australian, they would have silver value.
Pillar of the Community
Jeff's Avatar
Australia
877 Posts
 Posted 02/07/2012  12:41 am  Show Profile   Bookmark this reply Add Jeff to your friends list Get a Link to this Reply
I did notice that the present highest bidder only has one feedback and has the bidding strategy of multiple bids inching up to find out what the already highest bid is. I think that is a poor strategy and patience is also needed.

New, impatient bidder + shill bidder could give this result. But why would you bother to enlist someone to push up the price of a lot like this


Quote:
at least some of the bidders think they are getting Australian coins
Certainly, if they were Australian coins of that era there would be about $23 silver value. But, someone knowing that would also be someone most likely to instantly recognise they are not silver coins.

Jeff
Edited by Jeff
02/07/2012 12:45 am
Pillar of the Community
erkle's Avatar
1119 Posts
 Posted 02/07/2012  12:44 am  Show Profile   Bookmark this reply Add erkle to your friends list Get a Link to this Reply
thinking they are getting a cheap oz of silver maybe? when did the pommies stop putting silver in the florins? I sold one yestie as silver, 1922 I think it was.
Pillar of the Community
goatieman23's Avatar
Australia
869 Posts
 Posted 02/07/2012  12:52 am  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
British Coins...what a waste
HALF PENNY
1941: VF .50 US cents @ 2009
TWO SHILLINGS
1948: VF .35 US cents @ 2009
1963: VF .20 US cents @ 2009
1964: VF .20 US cents @ 2009
1965: VF .20 US cents @ 2009

Maybe the:
5.4g of Bronze & the 45.2g of Copper-Nickel is worth that much in their neck of the toilet bowl.
Pillar of the Community
Jeff's Avatar
Australia
877 Posts
 Posted 02/07/2012  12:55 am  Show Profile   Bookmark this reply Add Jeff to your friends list Get a Link to this Reply
GB 1946 was 50% silver and 1947 copper/nickel.
NZ the same. Fiji similar and Australia reduced silver content about same time.

Canada kept right on with 80% silver but they didn't have the huge war debt to USA that GB had.

Jeff
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 02/07/2012  12:58 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:

Silver UK coins prior to 1920 were stirling silver
Pillar of the Community
goatieman23's Avatar
Australia
869 Posts
 Posted 02/07/2012  01:16 am  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Pre 1920: 92.5% Sterling
In 1920: the silver content of all British coins was reduced from 92.5% to 50%
In 1947: Silver was eliminated altogether

Maybe this is why Brit's aren't happy people?
Pillar of the Community
Jeff's Avatar
Australia
877 Posts
 Posted 02/07/2012  02:28 am  Show Profile   Bookmark this reply Add Jeff to your friends list Get a Link to this Reply
Wow!
New bidder sniped at last second and got them for $17.50!
No comment.

Jeff
Formerly nancyc
Nevol's Avatar
Australia
5385 Posts
 Posted 02/07/2012  4:03 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
I've got quite a few post 1946 UK florins, maybe I should try & sell them.

Hidden wealth?

Wot?
life is a mystery to be lived not a problem to be solved
Pillar of the Community
Jeff's Avatar
Australia
877 Posts
 Posted 02/07/2012  4:50 pm  Show Profile   Bookmark this reply Add Jeff to your friends list Get a Link to this Reply

Quote:
I've got quite a few post 1946 UK florins, maybe I should try & sell them.

So have I and better condition too. But, I won't waste my money or time listing them. With my luck a similar lot would only get a minimum bid.

Jeff
Pillar of the Community
aiglet7's Avatar
Canada
695 Posts
 Posted 02/07/2012  5:40 pm  Show Profile   Bookmark this reply Add aiglet7 to your friends list Get a Link to this Reply
All the florins were copper-nickel - from '48 on. Appear to be poor quality so (even at VF-20) not worth more than 75 cents each. Some folk never learn!
Valued Member
Australia
318 Posts
 Posted 02/08/2012  01:59 am  Show Profile   Bookmark this reply Add CoinManTim to your friends list Get a Link to this Reply

Quote:
I did notice that the present highest bidder... has the bidding strategy of multiple bids inching up to find out what the already highest bid is. I think that is a poor strategy and patience is also needed.


Jeff; not here to say it's right or wrong, and usually I go for the snipe-strategy, but- sometimes I will also use this strategy of lots of bids in small increments to find the other bidders' ceiling. The reason is, say an item goes at 11pm and I'm usually in bed but really want it so decide to stay up. Assume my top bid is $100 and the item is currently at $50 so I'm thinking I'm good. BUT, if I bid in increments of $5 early and it turns out that I keep going up and up and up and up at my top dollar... well, I can go to bed and rest easy!

Just food for thought-
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