| Author |
Replies: 11 / Views: 6,293 |
|
|
New Member
Australia
3 Posts |
Hi everyone, My folks have come across a 2016 Australian 2$ coin that only has the heads side printed. The other side of the coin is completely blank and smooth. I was just wondering is this is valuable as I have been unable to find any other information on this particular error. The blank side is unfortunately scratched by I assume the previous owner.
Thanks in advance for any help.
|
|
|
|
Pillar of the Community
Australia
599 Posts |
We need some pics to give an opinion
Watch your top knot
|
|
New Member
 Australia
3 Posts |
Sure, can do. I've just asked them to send me some pics. Thank you.
|
|
New Member
 Australia
3 Posts |
  Apologies for the poor picture quality, my parents mobile phone is ancient.
|
|
Pillar of the Community
United States
3468 Posts |
Lack of rim detail is often a sign of mischief.
|
|
Bedrock of the Community
United States
94367 Posts |
Deliberately ground down and defaced.  to the CCF!
|
|
Pillar of the Community
Australia
1040 Posts |
|
|
Formerly nancyc
Australia
5385 Posts |
Quote: Deliberately ground down and defaced. 
life is a mystery to be lived not a problem to be solved
|
|
Moderator
 Australia
16810 Posts |
Yes, sorry, it's not an error.
Single-sided coins cannot easily be "made in error"; a coin needs both sides of it to be struck at the same time. It is against the laws of physics for a coin to be "struck on one side only". To get a coin that looks like a single sided coin, someone would have to deliberately make a blank die for the other side.
Your coin was ground flat by a sanding machine or similar tool. Since anyone with a similar tool and a $2 coin can make an identical object, it is not valuable to collectors. Technically, since the coin has been defaced, I don't think it's even worth $2 any more. Under Australian law, mutilated coins are no longer legal tender and are redeemable at banks by weight, not face value. As the grinding process would have removed a considerable amount of metal, your coin is now lightweight and going to be worth less than $2.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
|
|
Pillar of the Community
Australia
1333 Posts |
just curious, SAP when did they put in place that rule/law that you couldn't deface criminal (currency) 1981 act and Copyright Act 1968. However is that applicable only for circulating decimal currency? was that bought in cause of the silver 50c?
|
|
Moderator
 United States
187914 Posts |
 to the Community!
|
|
Moderator
 Australia
16810 Posts |
Quote: just curious, SAP when did they put in place that rule/law that you couldn't deface criminal (currency) 1981 act and Copyright Act 1968. However is that applicable only for circulating decimal currency? was that bought in cause of the silver 50c? "Not defacing the currency" has always been part of Australian law. Legally, the coins all still belong to the Crown; it is only the amount of money that the coins represent that belongs to you. It's a legacy of the mediaeval British laws, under which the coinage was the king's personal property and which made defacing coinage treason and therefore a crime punishable by death. In Britain, when they reformed the coinage laws on decimalization in 1971, defacing coinage became no longer a criminal act, but here in Australia it still is; when the laws regarding monetary crimes were overhauled in 1981, the crime of vandalizing currency was retained. The relevant sections of the law are: - Underweight coins not legal tender: Section 16 of the Currency Act 1965 - Coins cannot be deliberately mutilated, defaced, melted down or vandalized: Section 16 of the Crimes (Currency) Act 1981 - Coins that have been mutilated, melted down etc cannot be sold: Section 17 of the crimes (Currency) Act 1981, linked to above. Predecimal coins are not included in the definition of "current coin", so you can melt those down, damage them, turn them into little miniature soldier's hats, or whatever. But anything decimal is off-limits (including round 50 cent pieces).
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
|
| |
Replies: 11 / Views: 6,293 |
|