| Author |
 Replies: 95 / Views: 10,300 |
|
|
|
Pillar of the Community
1119 Posts |
its only 12 years old, even $10 a year for a circulation coin sounds a bit rich in my book to be honest. but I'm here to learn as well so I expect to be wrong
|
|
Pillar of the Community
Australia
4411 Posts |
Im not the quickest pixie on the block but I would sprint to town to get one this good for $120.
|
|
Pillar of the Community
Australia
4411 Posts |
I think I would be right in saying it is the most sought after circulation 50c  |
|
Valued Member
Australia
121 Posts |
Trout, I would personally pay you 200$ for MS64 or even MS60 "incuse" and then you can buy whatever coin you like.
Just my thoughts)
|
|
Pillar of the Community
Australia
1005 Posts |
Quote:
Are you serious? for that money you could get a 1932 florin in aGood and fill that hole that most collectors have in their Dansco's Trout, I think you are comparing apples with oranges. I dont collect pre-decimal coins (not yet anyway), so I would much prefer a nice incuse 50c to a florin. |
|
Pillar of the Community
 Australia
1295 Posts |
The two raw coins I saw auctioned on ebay were described as UNC by a reputable seller (and thus likely to get decent prices). The first one got $150, the second over $300. Quote:
Are you serious? for that money you could get a 1932 florin in aGood and fill that hole that most collectors have in their Dansco's. 1932 florins in low grade are as common as dirt compared with UNC incuse 50c. I see 8 low grade 1932 florins on ebay right now. And no UNC incuse 50c. Quote:
The incuse is only a curiosity to me and not the holey grail ( 1930 penny in unc). I am sure people were saying the same thing about the Wavy 20 when that was discovered. They regularly clear $2000 in UNC now and I know of a few that have fetched more than $4000. |
|
Pillar of the Community
Australia
1295 Posts |
Quote:
its only 12 years old, even $10 a year for a circulation coin sounds a bit rich in my book to be honest. but I'm here to learn as well so I expect to be wrong That logic cannot be applied. 2000 $1/10c Mules are 12 years old and can get thousands of dollars. Roman coins are 2000 years old and some are only worth $5. Edited by markn
03/16/2012 5:56 pm
|
|
Pillar of the Community
Australia
1295 Posts |
Quote:
Greedy bugger I assumed about 20% mark up is honest I'm not a dealer so I can't be sure but....I'd bet that dealers don't do business at "cost plus". They sell things at what the market can bear whether this is a 10% mark up or a 1000% markup. It would be a rare dealer that bought a bulk lot of unsearched pennies for 10c a coin, found a fine 1930 penny in there and sold it at 12c, or $100, or $1000. :) Edited by markn
03/16/2012 6:04 pm
|
|
Pillar of the Community
1119 Posts |
3 months back a good one could be had for about $30 ( I chased a few but funds on the days held me back), to mark it up beyond 400% is just daylight robbery ( I'm speaking as a pensioner here ) the eureka pnc with the date error is not even marked up 100%, I can understand future value much like the guy wanting $1m or whatever it was for his 5c. it should sell for todays value not next decade's, otherwise your just pushing the price up of all the incuse coins good or bad.
as I said thats my opinion as a pensioner.
as a collector, to much
as an investor, long term it could be a bargain.
|
|
Pillar of the Community
Australia
1295 Posts |
Daylight robbery or not that's how they do their pricing. In the last 6 months I've heard several stories of dealers "missing" 1oz gold coins in bulk collections and effectively paying $1-$2 for an ounce of gold. I know of one other dealer who paid $10 each for two large 9ct and 18ct gold medals with a mintage of just 24. Apparently he thought they were base metal. I can tell you now he's not selling them for $12, try $2000 and $4000.
|
|
Valued Member
Australia
163 Posts |
Just a question with the 2000 50c Millenium coin (occurs in both incused and normal) Some photos on ebay, the flag appears dull with almost a matte like finish. Is this just because of the way the photo is taken, or do more circulated examples end up like this ? Here is a link to one http://www.ebay.com/itm/MILLENNIUM-...em19ce342068Thanks -rob |
|
Pillar of the Community
1119 Posts |
the incuse is a simple circulation error coin, with no factual numbers of mintage, somewhere from 100k to 200K is the most common answer, not 24, and I would hope those dealers tried to make up some of the difference to the sellers, but I doubt that lol.
i agree the coin deserves a little extra value than the average, maybe even twice average value. but having said this I'm sure if you put it up for $250 or more it will sell at sometime, but what will it do to the price of the worn or bad ones? in my mind I can see them going up in price so far that the previous $250 top price will seem low.
|
|
Pillar of the Community
Australia
7096 Posts |
Quote:Just a question with the 2000 50c Millenium coin (occurs in both incused and normal) Some photos on ebay, the flag appears dull with almost a matte like finish. Is this just because of the way the photo is taken, or do more circulated examples end up like this ? Here is a link to one After all those years of rattling around in pocket change they will normally look like this. Good honest photo's, nice to see this on the bay  |
|
Formerly nancyc
Australia
5385 Posts |
Here are a couple Incuse I have. Coin with Purple surround is the first coin Coin with Blue surround is the second coin Just trying to get a decent piccie, so I took heaps of each and chose the best two of each to post. All pictures taken with coins in 2x2's, so I might take them out and repeat the process as some of the marks are blemishes in the mylar, but there are some dings on them that didn't show up at all.   life is a mystery to be lived not a problem to be solved
Edited by Nevol
03/16/2012 6:53 pm
|
|
Pillar of the Community
Australia
1005 Posts |
They look like nice examples Nancy.
Did you find those ones yourself? If so, how long ago?
|
| |
Replies: 95 / Views: 10,300 |
First Page
Previous Page
Posted 03/16/2012 08:28 am
