| Author |
 Replies: 19 / Views: 3,960 |
|
Pillar of the Community
Australia
853 Posts |
Theme is planet earth available 1 Nov 2008
|
|
|
|
New Member
Australia
9 Posts |
That's news, a full year in advance!
Question arises... how many issues will come out of Perth and RAM in 2008?
I've become very disillusioned with the massive quantity of UNC and novelty releases in the past 2 years. I'd hope what many call 'the greed of the mints' doesn't harm this collecting field.
Indeed, many claim Australia Post killed the stamp market with excessive output, and factors like factory franking First Day Cover that created a total sham of the term "FDC".
Ha... not any more... unless they are private issues.
Yeah I do own 1 PNC of private issue for private reasons, that AP would never produce!
I have abandoned the decimal market for this simple reason.
I will divest or gift to family every collectible decimal item I have soon. except for some error and rare varieties.
No regrets folks, it's damage control and I'm not alone in doing so.
Good luck if you chose to persist!
|
|
Pillar of the Community
Australia
655 Posts |
I think for my decimal collection I will just get an uncirculated mint set for 2008 and be satisfied with that. No proofs, no NCLT.
|
|
Formerly nancyc
Australia
5385 Posts |
Apart from getting 1 Unc Mint set each year, nearly all my coins are from circulation. I do have a handful of Proof sets ( inherited) and some NCLT that have been gifts. Lately I've also collected some Mint Mark Dollars, but not sure if I'll continue with them yet. I do have some PNC's but my local Post Office doesn't always get them in & I won't go chasing them. |
|
New Member
Australia
38 Posts |
I feel the same way. When I moved back to Australia about a year ago after moving back to the US (its a long story not relavent to the discussion) I decided to begin collecting Australian coins, as it was too difficult to continue my US collection.
I decided to start with decimal coins for two reasons. I knew nothing about grading Australian coins and figured if I made a mistake, decimal coins were less expensive and relatively easy to obtain. They would give me something in which to learn. The other reason was that it seemed rather simple to obtain an entire set of decimals.
Of course at that time I didn't know how the RAM operated. I wasn't familiar with the NCLT stuff and I jumped in with both feet. It took about 3 months before I was growing disatified. The 2007 issues woke me up.
I've often thought about giving up the decimals, and still might. Before doing that I have decided to try and complete a 1 and 2 cent set in choice condition. I think this might actually be a bit of a challenge thereby making it quite interesting and fun. They were coins that were actually minted to use.
I like the way the US mint operates. There is a much more distinct line between the circulation coins and commerative issues. All of the circulation coins show up in the mint sets, even though not all are officially released for circulation. There is only one set to buy and all of the coins are included.
I'm glad to hear I'm not alone in being frustrated with this issue.
|
|
Pillar of the Community
Australia
652 Posts |
Nancy, I won't chase PNCs either, but I do have a few.
The coins I reckon are worthwhile gathering are the Portable press coins. Whilst they are NCLT, they have a relative low mintage. Besides the usual collectors that get many, they were also sold to members of the public at the various agricultural shows, so I would expect a few to 'go missing', i.e., spent by the kids they were given to. For example the portable press Gallipoli 'G' is worth in the vincinity of $80, the Eureka 'E' is collectable and a sleeper could be the Sydney Bridge 'C'. Not a bad return for $2.50.
I collect 2 of each of the proofs sets. I figure that if they don't go up in value, I can always crack one open and make individual sets of the various denominations. There's not many of those around and a full set of the dollar proofs (including the silver and masterpiece proofs) are very attractive. Same with the 50 cent and 20 cent pieces.
Try putting a set of CHU dollars together, including the die varieties. There are circa 140 of those.
If those options don't impress then simply source new rolls of coins from the bank and crack them open for your Unc and Chu. That only costs you face value. Not easy to do though.
Then there are the errors. I absolutely love those. Those alone can have a collector haunting banks, pokies (slots) and simply checking your daily change.
The RAM is killing the golden goose, but there are still lots of other options.
|
|
Pillar of the Community
Australia
3831 Posts |
Good topic, I actually do have a bit of issues over the massive amount of non-circulated coins produced recently. But again, I don't really care - I just collect what's out for circulation - they cost just a face value. I actually did buy the Harbour Bridge commemorative coin only because I was there during New Year. There were a couple of others that I bought too but those are because I thought they are neat or just some impulse buying which I regretted later.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
|
New Member
Australia
9 Posts |
And my response has been to focus on pre-1936 Sterling Silver.
Getting into pre-1946, but prefer the early designs.
Will not consider slabs.
Perhaps I will be surprised with the realised value of those uncirculated $1 Al/Br. It will all go back into Silver or Gold though.
I'd just like to know who directed and permitted the RAM to make so many.
Too many years of Howard regime had something to do with it I'm sure.
How many issues per year prior to 1997 ?
Why so many WAR themed ?
|
|
Pillar of the Community
Australia
655 Posts |
|
|
Pillar of the Community
Australia
3831 Posts |
This is from my memories - please correct me if I am wrong. Back in 2003 (the year that I arrived here) when Australia was hyped up over the football against England, it was predicted that Australia is the likely winner. Sales of various football products were flying high. As soon as the match was over, sales of major goods went down by at least 10% from what I have seen. Ever since then, I guess it's a bad thing to market on football products.
On the other hand, war related are always sellable as you have veterans telling stories as well as a good reason why we should be anti-war in many cases (where possible).
|
|
Formerly nancyc
Australia
5385 Posts |
As per the above comment by Yass, I also love the error coins. Today I found what, to me anyway, is a unique error. 1984 $1, decent sized Cud between Roo 1's chin & Roo 2's back, never seen it before, don't recall reading about it either, but...I do have a shocking memory!! It went into a 2x2 like greased lightning, I tell you.  |
|
Pillar of the Community
Australia
652 Posts |
|
|
Formerly nancyc
Australia
5385 Posts |
Yass, Yep, that's pretty much it. First one I've ever seen. So, if you've only found 3, I guess they might be fairly few & far between eh? Scarcer than the 1985 Rabbit?
|
|
Pillar of the Community
Australia
652 Posts |
Nancy, Yes, you probably could say it is as scarce as a 1985 rabbit. The beauty of collecting errors is that the majority of them are simply not one of a kind, e.g., the 'rabbits'. There are a variety of rim Cuds on all denominations. I even have a 2001 upset that is die filled on the reverse. Others have one of these. Due to the nature of high speed minting, one would expect that there would a number of each error. Perhaps Macca would like to set up a book on them  |
|
Pillar of the Community
Australia
1091 Posts |
Learjet said..."I think for my decimal collection I will just get an uncirculated mint set for 2008 and be satisfied with that. No proofs, no NCLT."
Of course, if you buy the Uncirculated set ($26.50), you will be buying a commemorative NCLT 20c coin. To own the standard uncirculated 20c coin, you'll need to buy a two coin set (with an Uncirculated Commemorative NCLT Dollar coin) will set you back an additional $15.
The mint is deliberately mixing the NCLT coins with circulating coins in order to get collectors interested in collecting the NCLT coins.
The 2007 Uncirculated set had the commemorative Lifesaver 20c coin. But the Mob of Roos Dollar may be the real rarity as I've not seen or heard of any in circulation. The 2007 APEC dollar is the dollar in circulation, so the 2007 Mob of Roos may be turn out to be a NCLT coin.
The Royal Australian Mint annual report is out on their web site. Up to June 2007, No standard dollar coins were minted. They also closed the production floor for refurbishment so perhaps none will be minted except for those rare and possibly NCLT Mob of Roo dollars in the Uncirculated sets.
Sort of makes it confusing what will be NCLT and what is a real circulating coin.
Edited by toast
11/01/2007 10:49 pm
|
|
Pillar of the Community
Australia
655 Posts |
Mmm, an NCLT MOR. Yup, I'm confused already.  And I was right, I didn't realise it but there's a footy coin for 2008.  |
| |
Replies: 19 / Views: 3,960 |
Posted 10/28/2007 09:45 am
