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 Replies: 18 / Views: 7,288 |
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New Member
Australia
17 Posts |
 Straight out of Security Bag, and on to scanner--not circulated, All coins in bag were new 2013, some of the non Coronation had little colour chips on them from where bag bumps and production knocked them off high rings. Most of interest to me are obvious Quality problems --hollows in rim, Damage at LL in Dollars  And another, Have not got my Mint bag yet, RAM are selling bags of 5 Circ coins in a baggy with Mint Insignia for $10--Face value plus either 8 or 12$ post(your choice) Limit of one per address/customer. It will be interesting if the production standards will see better coins in the mint bag.
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Pillar of the Community
Australia
877 Posts |
I think you will find that most who have received the mint bags of 5 are not happy with the condition. On a par with coins from security bags and that means, mostly, rather marked even though never circulated.
Jeff
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Bedrock of the Community
Australia
21786 Posts |
It is very rare to find coins fresh from the mint intended to be circulated, not to be bag marked in any way.
Just keep those with the fewest bag marks.
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Valued Member
Australia
271 Posts |
I, too was a little dissapointed with my baggie.
Arrived in a padded bag, but there was nothing to stop the coins rubbing during transit.
At least I know what bag marks on a freshly minted coin look like now!
Will be keeping mine in the sealed baggie.
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Bedrock of the Community
Australia
21786 Posts |
The 'bag marks' do not come from the bags in which the coins come from the Mint.
They are the result of the fact that they drop onto a pile of previously minted coins, as they are ejected from the coining presses.
They should have the same frequency of marks as any other coin newly minted coin, destined for circulation.
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New Member
 Australia
17 Posts |
Hi, yes looks like a bit of time scanning them all and then 2x2s for the best, I was hoping to get at least a couple of good ones because it seems that the only good ones I have seen all have the "C" mark--so far all the double dots could all be for the grand kids. Have I read the mint blurb properly in that the Circulating coins are limited strikes, while the "C" will be struck to demand? I wonder how long it will take for the solvent kinks to find a rare mint error coin with no colour and get it on ebay? Now a serious question as I have no experience regards new coins- from appearances the lint and blue chips have stuck to whatever residual lubricant/protectant has got on the coin in production/mint processes, would it be wise to wash and dry and re-oil the coin with chemists olive oil like I oil the oldies, or is that a bad move? Thanks in advance, J |
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Pillar of the Community
Australia
2180 Posts |
I think you're right about the mintages of the mintmarked and non-mintmarked coins (or at least that was my understanding too).
I wouldn't be attempting to dip these in anything let alone olive oil, just to be on the safe side.
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Bedrock of the Community
Australia
21786 Posts |
Pat with a soft rag, then into a 2x2.
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Valued Member
Australia
95 Posts |
Does look like they get knocked about.  Note if you fold the bag over with the coins like mine then place in standard bank coin bag you can stop them from rubbing any more. For jamessmith, "Have I read the mint blurb properly in that the Circulating coins are limited strikes, while the "C" will be struck to demand?" - Yes that is correct - 2Mil for circulated and unlimited for C marked UNC. Thanks Michael. |
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Valued Member
United Arab Emirates
283 Posts |
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Valued Member
Australia
295 Posts |
I was checking out the RAM website the other night and was a little amused to see they were advertising for a quality control person ... would have been tempted to apply if I lived in Canberra as the pay was pretty good and I would have been able to swim in a massive pool of coins all day, every day. The main problem (... had I applied and got the job) would have been the severe noodling drought in years to come for fellow forum members as no error coins would have got past my eagle eye ... and bulging pockets  |
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Pillar of the Community
Australia
653 Posts |
... at last  - got my first "Casino Royale" chip in the change yesterday  It's in pretty good nick too. Would give the Security Bag coins a "run for their money"  . Squire  |
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Pillar of the Community
Australia
750 Posts |
Well done Squire ..... I'm yet to find one!
Nice one too!
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Pillar of the Community
Australia
1295 Posts |
I think you'll find these coins are likely to be *more* baggy than other circulating coins. The processing of the coin AFTER it has been struck and BEFORE it has been painted, and the process of being painted itself means that the coin is handled more at the mint than the average circulating coin.
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Valued Member
Australia
318 Posts |
Casino Chip - I like that, Squire  Found one in our Coles self serve checkout last week. They're pretty popular on ebay at the mo., though I'm keeping mine.....I don't think these will stay long in circ. and won't take much punishment - as you've seen with the RAM ones  Got a 2013 Elder $2 as well |
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Pillar of the Community
Australia
653 Posts |
...hmmm, a stack of these "Casino Royale" 2 dollar coins might add a nice touch as wagers for a Casino-style Poker night with good mates  Squire |
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Replies: 18 / Views: 7,288 |
Posted 07/21/2013 02:30 am
