2 Cent Question.

When measuring the scarcity of a coin in mint state, rolls surfacing are far more accurate than mintages. Mintages can largely be ignored for most coins, e.g. 1917I half pennies have a mintage of over 5 million, the 1912H has a mintage of 2.4 million and yet the 1912H is 10-20x more common in higher mint state grades because mint rolls surfaced while no mint rolls of 1917I 1/2Ds surfaced.

The 1964 penny (with a mintage of 10 million) is readily available in full red mint state because hundreds of mint rolls surfaced, the 1964-Y (with a mintage of 55 million) was bagged at the mint so only bank rolls surfaced making the coin extremely rare in full red mint state.

A coin's scarcity in mint state has a far greater relation to the number and type of surfacing rolls than anything else (including the mintage figure).

All very interesting, So from what we have so far the 69 is believed to be less rare in high grade simply because of 30,000 mint sets and they were rolls in stead of bagged like the 68.

OK so why is every other decimal coin the low mintages are most definitely considered the hardest and most valued coins and some of those were not as low as the 69 2 cent.

Very interesting lots of varied views guess we can consider it may just be a total combination of all things mentioned , altogether it would probably make good reasoning. Thanks everyone .

Just like to mention a secret Gov memo has been circulating Canberra, They are seriously looking at ending all currency buy 2050, What are all your thoughts on this.

Do you believe it will happen.

Do you think it is right.

Do you agree with it.

How will this effect you.

What about those who don't have mobile phones and computers etc.

Is it a good idea.

My answers are.

Yes

No

No

It will have little effect on me simply because little chance of me being here still buy then, And I simply don't like authority big business and Governments who are more crooked than the black market which I believe will have zero to little effect on. Many reasons for this.

It is a simple as If your not like us we don't care so get with the times from the powers in charge. It will be devastating to the older community. Bit like trying to teach an old dog a new trick when he is just to old tired and over it all. The elderly will understand what I'm saying there. But I guess buy 2050 all us non tech oldies wont be a problem anyway.

Good Idea? well I can not answer that one simply because it will take time to know if it is a good decision or not but my feeling is there is no way this can be a good idea, I feel it is BIG HUGE step towards socialism. If this goes ahead in 50 years after that you will be left with things like 3 colour choices of garments 3 choices of food 2 types of dwellings to choose from, take one shut up and be grateful we rich fed you at all. That is what I can only see coming from such dictatorship controlling decision.

It appears Gillard and Dudd may have been chucked out but there socialist agenda has not. All I can say thank god my turn is nearly over this place will never be the same again. I feel so sorry for the future generations, they will be treated just like the Chinese Russians etc. They love there country but not there lives so why on earth follow them. Also are you all aware it was America who convinced the Chinese Gov to become Communist in 1940,s and in 1949 after strategic help from America Mao Zedong announced Communist China. Funny that we are heading in a similar direction only not to mention it was America that also pushed the Chinese to become westernised and it was the Americans who started the push for all manufacturing to be placed there. I really feel we are being had.

Sorry for my rant I guess it is a coin forum but I think its all part of it. Electronic money is a way of control and knowing what you have where you spend it and why.

We will be categorised and labelled. No doubt about it.