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1940 And 1944 Austrailian Penny Questions........

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eaglefoot's Avatar
United States
6326 Posts
 Posted 04/28/2008  12:40 pm Show Profile   Bookmark this topic Add eaglefoot to your friends list Get a Link to this Message Number of Subscribers
Don't have pics yet.......but what are the "average condition" price ranges of these two coins ?
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 04/28/2008  2:19 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day,
Renniks 2007, VF condition
1940M $15
1940P $30
1944M $15
1944P $5
Peter
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KurtS's Avatar
United States
5318 Posts
 Posted 04/28/2008  4:23 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
And do note--Krause is completely off on actual values for Aus predecimal, lol.
Which in a way may be good for us Americans buying from local dealers.
Edited by KurtS
04/28/2008 4:25 pm
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 04/29/2008  01:57 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day, personally, I think that both Renniks & Maccas are way too high for common coins: the CV are the prices dealers dream about.
Peter
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Learjet's Avatar
Australia
655 Posts
 Posted 04/29/2008  04:27 am  Show Profile   Bookmark this reply Add Learjet to your friends list Get a Link to this Reply
The dealers get it too. If I buy a coin locally, the dealer looks up Maccas, that's what I pay and not a cent less Lol.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 04/29/2008  08:46 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Thanks guys....my Grandma had these "Large Cents" amongst her collection. I hadn't seen these before and certainly didn't know anything about them. Her collection consists of mostly American coins, but these two were with a "batch" of tokens in a leather pouch......interesting !.....I'm supposed to be putting a value on this collection and so the info will be very useful.....thanks again!
Edited by eaglefoot
04/29/2008 08:50 am
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Spedward's Avatar
Australia
839 Posts
 Posted 04/30/2008  02:56 am  Show Profile   Bookmark this reply Add Spedward to your friends list Get a Link to this Reply
Deabate about paying prices in maccas, where do they get their prices from anyway?
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Learjet's Avatar
Australia
655 Posts
 Posted 04/30/2008  06:45 am  Show Profile   Bookmark this reply Add Learjet to your friends list Get a Link to this Reply
Dealers.
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 04/30/2008  3:38 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day,
pricing is well researched: ask a dealer "what price would you hope to get from a desperate buyer, when every other dealer is closed ?"
That's what goes in the catalogue.
It's amusing to look at final prices on ebay, and compare them to CV. Of course there are exceptions, but for non-gold coins, actual prices are often no more than one-third of CV.
With gold, I suppose everyone is well aware of current prices, and that becomes the floor price for coins.
Peter
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Spedward's Avatar
Australia
839 Posts
 Posted 04/30/2008  7:58 pm  Show Profile   Bookmark this reply Add Spedward to your friends list Get a Link to this Reply
Ok thanks pete and learjet.
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Learjet's Avatar
Australia
655 Posts
 Posted 05/01/2008  09:43 am  Show Profile   Bookmark this reply Add Learjet to your friends list Get a Link to this Reply
Maybe someone should bring out a book with prices realised on ebay.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 05/01/2008  12:24 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
quote:
Maybe someone should bring out a book with prices realised on ebay

That's actually the best idea I've heard in a long time !!.......It'd be GREAT to know that information and to have it at your fingertips !!....For all denominations and countries too !
Somebody needs to get to work on that !!...
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 05/01/2008  1:58 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day, ebay actually does this for you to some extent.
Go to "Advanced Search";
near the top of that page is a box "Completed listings only" - tick that, and put your search words in.
Peter
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Spedward's Avatar
Australia
839 Posts
 Posted 05/02/2008  03:55 am  Show Profile   Bookmark this reply Add Spedward to your friends list Get a Link to this Reply
thanks peter.
Valued Member
Australia
206 Posts
 Posted 05/07/2008  05:27 am  Show Profile   Bookmark this reply Add farnbycoins to your friends list Get a Link to this Reply
quote:
Maybe someone should bring out a book with prices realised on ebay
.
I pretty much have, I have recorded all the prices of what I consider accurately graded Aussie pennies to florins on ebay.
1/3 is usually what an over graded example will attract, but correctly graded coins over the past 3 years have gone for 60 to 85% of book price on ebay. Slightly more for Shillings and florins and the scarcer dates in higher grades, sometimes more than book price.

Mind you, there aren't all that many correctly graded auctions, but still, my document has reached the 350 page mark.
Edited by farnbycoins
05/07/2008 05:31 am
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Spedward's Avatar
Australia
839 Posts
 Posted 05/07/2008  07:02 am  Show Profile   Bookmark this reply Add Spedward to your friends list Get a Link to this Reply
That would take a while.
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