Time For Some South African Humor - Coin Community Forum

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Author	Replies: 9 / Views: 1,738
teslacoil Valued Member South Africa 331 Posts	Posted 05/28/2017 10:47 pm Recently we have been downgraded to junk status So does that mean our money are also junk lol? Report this Post to the Staff

jbuck Moderator United States 188213 Posts	Posted 05/28/2017 11:21 pm I hope not! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Coconutjoe Pillar of the Community United States 1475 Posts	Posted 05/29/2017 03:38 am I believe everything is cycle in life. It will get better.. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 05/29/2017 04:37 am I REALLY do not think a genuine Sammy Marks gold Tickey would be downgraded to junk status! Report this Post to the Staff
january1may Pillar of the Community Russian Federation 5172 Posts	Posted 05/29/2017 04:40 am To be fair, as far as official value is concerned, you can hardly get more junk than the Yugoslav 1 dinar 1994 (the only coin type of a currency that existed for 24 days before succumbing to hyperinflation). Yet as a coin it is rather collectible. Never mind the assorted Zimbabwean, Hungarian and German (and various other) inflationary banknotes (also sent further into worthlessness soon after their arrival). Report this Post to the Staff
UltraRant Pillar of the Community Norway 1358 Posts	Posted 05/29/2017 04:54 am I do believe such a grading comes from commercial institutions like Standard & Poor's, Moody's and Fitch. Just the fact that they are a commercial party and thus earn money by selling grades means that there are people with interests, also in having specific grades for specific countries. They're not objective at all. I wouldn't sleep a second less tonight due to this and just enjoy the Rand while it lasts. And probably not re-elect Zuma next time, that also helps. Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 05/29/2017 05:10 am january1may, I noticed there are two styles of coin that year. Are they both collectible? John1 Report this Post to the Staff
UltraRant Pillar of the Community Norway 1358 Posts	Posted 05/29/2017 05:40 am @John1: In fact, Yugoslavia went through 6 different currencies between 1989 and 1994 (the years of the Balkan war, defining the end of Yugoslavia). I usually find those coins (of all 6 currencies) in junk bins here, sold by the kilogram. Report this Post to the Staff
january1may Pillar of the Community Russian Federation 5172 Posts	Posted 05/29/2017 06:02 am Quote: january1may, I noticed there are two styles of coin that year. Are they both collectible? I was referring to the 1 dinar, not the 1 novi dinar. I think that Numista rarity 21 speaks for itself. It's not valuable, as such (a nice example costs about a dollar), but it's still worth a lot more that you'd expect from its sheer worthlessness as currency (even when it was made). Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 05/29/2017 07:33 am Thanks for the info all. John1 Report this Post to the Staff
	Replies: 9 / Views: 1,738

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