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Replies: 28 / Views: 14,493 |
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Pillar of the Community
Australia
560 Posts |
What is the go with the prices on these things. Per coin, the 2012 red poppy is about $16, 2013 purple is $20, 2014 green still about $5 and the 2015 red is between $5 and $15. Lets not mention the coin rolls and bagged coins. Any comments.
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Valued Member
Australia
88 Posts |
I think its the renewed interest in coin collecting, the Purple caught the general public off guard and kind of disappeared into circulation and people are trying to get them back before they get too damaged (the non mint marked ones in any case) as far as the other colours go, green I still find fairly common in change, not so much for reds and never seen a red poppy in change, I thought they were only mint roll available. with the exception of needing uncirculated ones for a collection I personally find it a good thing as it is growing the collector base, even if just starting with questioning a coloured $2, it may have people look into that value of other coins. Thats my insights in any c ASE
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Pillar of the Community
Australia
3831 Posts |
I guess the low mintage of these coins make it more challenging to find. Trying to find a 2012 2 dollar poppy coin in circulation can be challenging when the mintage figure is at a low 500,000. It is probably the lowest mintage figure for all 2 dollar coins, if not the entire decimal coinage (with the exception of the obsure 1992 dollar coin). It reminded me how difficult it was to find a 1985 and 1993 50 cents coin when their mintage figure are at 1 million each.
I so far have managed to pick up all coloured coins from circulation with the exception of this year's 2 dollar coin. The colorless poppy 2 dollar coin also did circulate but they sure did disappear from circulation very very quickly! I have been hoarding all colored coins when I find them.
No idea about the prices as I have not been on top of the game.
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.
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Valued Member
Australia
56 Posts |
Coloured $2 coins have always been popular , the prices on Rolls are pretty good and you can make a bit selling the individual coins, apparently they have increased the number of purple $2 coins to over 1 million as it was very popular... again just a rumour :)
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Bedrock of the Community
Australia
21786 Posts |
I have a dozen non coloured $2 poppy coins, all taken from circualtion.
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Valued Member
Australia
56 Posts |
yea the non coloured is everywhere , its mintage is 3-5x higher than the colors.
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Valued Member
Australia
95 Posts |
The red poppy is about $10-$15, the red, green and orange ring are at about $5-$10, and I have no idea about the purple ones, I only got one from the mint.
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Pillar of the Community
Australia
762 Posts |
Quote: What is the go with the prices on these things. Per coin, the 2012 red poppy is about $16, 2013 purple is $20, 2014 green still about $5 and the 2015 red is between $5 and $15. Its the way the market operates. We all know that the value of a coin is governed by "supply and demand". However the "supply" side of the equation is more complicated than just the mintage figure. NCLT releases have low mintages but because every single one of them finds there way into the hands of a collector they are not scarce. Similarly low mintage coins where large numbers of rolls have been given to dealers to sell (such as the 2014 MOR and the later coloured $2) arn't going to be scarce because every collector is going to be able to easily get some. The reason the purple $2 is worth more is that dealers weren't given rolls of these to sell to collectors.
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Valued Member
Australia
95 Posts |
So would the mint be giving out rolls soon of the purple ones? If so, then it would be a good time to sell them just before?
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Valued Member
Australia
176 Posts |
Being a 2013 issue the RAM should not be pushing any more rolls of these coins onto the market. The purple $2's price is continuing to rise (even for bashed about coins). You have to be persistent to pick up a UNC one for under $20 - some sold very recently at $17 each.
The RAM bag of 5 UNC are getting about $140 per bag.
The carded mintmark version is about $100.
Pedro
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New Member
5 Posts |
2013 Purple rolls and 2014 Green rolls were never issued by Royal Australian Mint
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Bedrock of the Community
Australia
21786 Posts |
Seen a few 2015 coloured $2's for sale with coin dealers at $5 each.
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Valued Member
Australia
248 Posts |
Quote: with the exception of needing uncirculated ones for a collection I personally find it a good thing as it is growing the collector base, even if just starting with questioning a coloured $2, it may have people look into that value of other coins. I disagree completely. The release of coloured $2 coins into circulation was an absolute nightmare for me, because they never mint enough for everyone to get their hands on them, and I almost always seem to miss out. In 2010, I had an almost complete set of circulating Australian coins, all of which I had found by myself, but every year since then has been filled with gaps, many of which involve coloured $2 coins, and I now fear that I will have to suffer the humiliation of having to buy some of these coins off ebay instead of finding them on my own.  This would automatically devalue my collection, because the way in which I've obtained it contributes to its value, and I want to be able to tell future buyers that it was all collected by a single person, or at the very least, by a single family. How can I possibly do that if everyone else has removed the particular coins I need from circulation? Despite having lived in several different states and territories over the last few years, and having withdrawn large numbers of $2 coins from the local supermarket, I have never ever received a coloured one, and I have only ever received one with an uncoloured poppy.  All the coloured $2 coins I have in my collection so far have come from either family members or direct purchases from the mint, the latter of which I only did out of pure desperation. Personally, I think the coloured $2 coins are much too conspicuous, and that if the mint wants to continue with these releases, they should be required to release them in much greater quantities. I've had greater luck finding $1 mules in circulation, despite the fact that there are only 6,000 of them, and despite the fact that I have no personal or family connections with Western Australia.  Although you'd think that I'd be happy to have found a mule, it's only made me much more resentful of the fact that there are so many other circulating coins out there with much larger mintages that I haven't been able to find, including many of the coloured $2 coins, and this has made me quite bitter towards coin collecting as a whole.  Over the next few weeks, I'm going to try to obtain some of the missing coins by brute force, but that won't change my bitterness towards the coloured $2 releases, or my belief that the mint is deliberately trying to make my life as difficult as possible. I want my collection to be complete, and I can't understand why that's suddenly become ten times harder over the last few years.
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Valued Member
Australia
185 Posts |
Hercules
Bitterness? Resentful? The purpose of collecting coins, as with collecting most things, involves patience to enable you to enjoy the pursuit which, when eventually you're successful in acquiring any of the many more difficult coins, there is the satisfaction factor of achievement.
Have you got a 1970 Cook 50c with the tilted "7" yet? A 1993 50c with the feint double bars behind the emu's neck - like the 1966, 1979 and 1980 double bars 50c ? Or a 2007 and 2012 $1 Mob of Roos ?
From your writing, it clearly sounds as though the purpose of your coin collecting journey indicates visions of you running into brick walls, and frustration is, unfortunately, well and truly getting to you.
For what it's worth - there are many coins, from each of the various denominations, you will NOT be able to get out of circulation.
The Royal Australian Mint's " fools' paradise business model" strategy of the last 6 or 7 years by issuing some coins only in Baby UNC mint sets and NOT in the usual standard UNC mint sets, has antagonised many previous loyal collectors, who now buy only to their specific needs - 50c or 20c, etc - and nothing else. It has become way too expensive to keep having buy multiple sets just to have a complete full decimal set.
Check and see how many commemorative 50c coins in cards the RAM has issued in the last 5 or 6 years. But,hey,I'm still anxiously waiting for the RAM to bring out yet more carded 50c commemorating that " water has been discovered to be wet " and another 50c for " the 25th anniversary of Aunt Flo's gall bladder removal ".
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Valued Member
Australia
248 Posts |
squaremealroundplate
This isn't about collecting coins just for the sake of it. It's about achieving a childhood dream that has remained unfulfilled for decades. When I was in primary school, I set myself a goal to collect every circulating Australian coin from my everyday change, excluding errors and varieties, and I was only two coins away from achieving this in 2010.
Now, I'm ten coins away from achieving this, and one of the coins that I'm missing, the $2 red poppy, seems like it will be almost impossible to find in circulation. If that be the case, then I'll never be able to achieve my childhood dream, and I'll lose all the motivation I currently have to collect coins.
When I set myself this goal, I thought it was achievable, but if it isn't, then I want nothing more to do with coin collecting. If you're one of those people who has time to noodle through millions of $2 coins, then good for you, but please bear in mind that the rest of us don't have that much spare time.
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Pillar of the Community
Australia
7096 Posts |
Quote: and one of the coins that I'm missing, the $2 red poppy, seems like it will be almost impossible to find in circulation. The red Poppy $2 coin is a NCLT issue and wasn't put into circulation, The uncoloured Poppy coin is the circulation issue. The only way you will find a coloured one of these is if someone has spent one of their NCLT coins and you are lucky enough to find it in your change. Not impossible But highly improbable .
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Replies: 28 / Views: 14,493 |