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Replies: 12 / Views: 3,460 |
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New Member
Australia
2 Posts |
Hi,
I found a 2012 $15 coin in a parking meter. It's smaller than a 5 cent piece. It's legal tender but I decided not to spend it because I've never seen one before. I looked it up online and apparently the coin is a not circulated coin so I don't understand why it was in the parking meter. Isn't it like a collector coin? What should I do with it?
Rain.
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Pillar of the Community
Australia
7096 Posts |
 a picture would assist in letting you know what this is 
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Formerly nancyc
Australia
5385 Posts |
Sounds like you might have either a 1/10th oz Gold or Platinum coin and if that's the case it could be worth around the $3oo mark. Any chance of some pictures or at least a description of both sides? 
life is a mystery to be lived not a problem to be solved
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New Member
 Australia
2 Posts |
Hey. Sorry I gave it to a friend. He said it wanted to take it to a collector shop to find out what to do with it. He said he will bring it back in a few days. It has a kangaroo on the back and is made of gold is has 9999 on it. Oh and it's also a 1/4 oz 2011 not 2012.
Edited by Rain101 10/02/2013 07:05 am
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Pillar of the Community
Australia
7096 Posts |
I cannot think of a $15 coin off hand but a quarter ounce coin would be a similar size to a Sovereign and they are about dollar coin size 
Edited by trout1105 10/02/2013 07:38 am
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Moderator
 Australia
16806 Posts |
The 2012 $15 coin with a kangaroo on it is a gold 1/10th ounce kangaroo from the Perth Mint. The NGC database page does not have a picture but the description matches. You could, technically, spend it as it is legal tender. However, you would be foolish to do so; not only because you would have trouble convincing anyone (even the banks) it was genuine, but its gold content is worth significantly more than $15. With the current gold price it's worth AU$138. If it's been jammed into a parking meter, it's likely to have been damaged; .9999 fine gold is quite soft. So if it was the collector proof version of the coin (I do not know if "bullion-grade" quantities of this coin were made), it probably isn't worth much of a premium any more. And before you decide to simply sell the coin and pocket your windfall, consider calling in at your local police station to see if anyone nearby has reported a stolen coin collection. The only reason I can think of why someone would try to do this is if a thief stole a collection of coins and tried to spend them, not knowing he had gold coins.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
Australia
539 Posts |
am I the only one here whos bulls**t meter is going off? pics or it didn't happen
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Valued Member
Australia
295 Posts |
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Moderator
 United States
16677 Posts |
Wow! Nice score.
swcoin.ecrater.com
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Valued Member
United States
406 Posts |
Stranger things have happened. I once found a circulated 1970-S 40% silver Kennedy half in a slot machine in Las Vegas. But I still lost money ...
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Pillar of the Community
Australia
9352 Posts |
That coin is about 1/60 of an ounce from memory and only a $2 coin. Steve   
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Moderator
 Australia
16806 Posts |
Quote: Sap, is this the coin you were describing? No, this one on ebay is. At 16.6mm diameter, it's still smaller than a 5ยข.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
Canada
2124 Posts |
So? It seems the friend disappeared with the coin ...
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Replies: 12 / Views: 3,460 |
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