Do You Think The Australian Coin Collecting Bubble Has Burst? - Page 2

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Author	Replies: 21 / Views: 3,552	Page: of 2

David Graham Pillar of the Community Australia 1610 Posts	Posted 07/15/2021 9:50 pm Maybe this can be a guide: https://www.ebay.com.au/itm/203525811919 From my calculations there's 22.54g of silver all told. At today's price that's $26 tops melt value although given about half is non-sterling I reckon you'd be lucky to get ~$18 melt money from a jeweler or metal merchant. Nothing special coin wise with low grades on the older specimens (I suspect the QV shilling is a low baller). Already after less than 24 hours the bidding (including postage) has exceeded my estimate of melt value. I'm saying the bubble hasn't burst and ~$55 (excl postage) will be the final bid. Any other punters want to have a guess? Report this Post to the Staff
ryurazu Pillar of the Community Australia 1333 Posts	Posted 07/15/2021 11:06 pm sometimes I wonder why I bother bidding on some lots :P, I see some go for x2-2.5 what I thought it was only to have an identical lot pass in O,o . Report this Post to the Staff
polarboy Valued Member Australia 112 Posts	Posted 07/19/2021 12:21 am Maybe somebody wants those coins though for their collection not for melting. Report this Post to the Staff
ryurazu Pillar of the Community Australia 1333 Posts	Posted 07/19/2021 01:11 am I think Due to our surplus in mining metals and the tech there are loads of different and well heeded collector buying (australian series Kooks, Roos, Wedgies and even lunars) its a nice way to buy something a bit different rather than the basic designs of the US, Canadian, Mexico or South american mines (i wonder where most of this silver goes to be minted cause they definitely would have outputs even after the hundreds of years of exploitation of silver ore ) Report this Post to the Staff
ryurazu Pillar of the Community Australia 1333 Posts	Posted 07/19/2021 01:17 am @polarboy I want them for my collection as well but the Proofs (decimal) go for well excess of RRP. Stuff that's for melting is price differently I know that. Report this Post to the Staff
polarboy Valued Member Australia 112 Posts	Posted 07/19/2021 10:04 am Im just getting into trying to build up a nice collection of a range of coins so I still have vast holes in my knowledge. Up until now my coin interaction have been with people who hoard coloured $2 and the pinnacle of collecting is basically being able to boast about having 15 2012 red poppies. Report this Post to the Staff
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