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2007 Double Headed 5 Cent

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Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 10/21/2010  06:06 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The only genuine double headed coin I have is a very nice George V Indian Rupee brokage, with all of the incuse detail reproduced perfectly. Coin is in uncirculated condition, relief facing left, incuse facing right, no die axis rotation.
Pillar of the Community
Australia
1040 Posts
 Posted 10/21/2010  9:59 pm  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
sel_69l if you ever want to sell that, let me know. George V, and in particular George V Indian coins, are my favourites.
New Member
Australia
2 Posts
 Posted 11/19/2010  08:35 am  Show Profile   Bookmark this reply Add ryanc to your friends list Get a Link to this Reply
I have one of these coins,i wondered if I was the only one its 2007 double head it weighs the same an it sounds the same when you drop it
Pillar of the Community
Australia
515 Posts
 Posted 11/19/2010  4:18 pm  Show Profile   Bookmark this reply Add the-purple-penny to your friends list Get a Link to this Reply
If it's genuine then it will weigh the same. If it doesn't weigh the same then that may be a sign that is it not real. For goodness sake don't drop it, you could significantly decrease it's value by scratching it or adding a rim ding or three.
Pillar of the Community
Australia
1040 Posts
 Posted 11/19/2010  9:07 pm  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
There seems to be a few double sided coins coming onto the market recently. The next Noble auction has a one cent and Twenty Cent.
New Member
Australia
2 Posts
 Posted 11/20/2010  03:25 am  Show Profile   Bookmark this reply Add ryanc to your friends list Get a Link to this Reply
i live in north queensland do you know where I can take it to get it appraised? an how do I get in to a auction?
this is all new to me? any help you can give me would be appreciated
New Member
Australia
2 Posts
 Posted 01/16/2011  06:03 am  Show Profile   Bookmark this reply Add erin22 to your friends list Get a Link to this Reply
did anyone ever find out if these coins were real or fakes, because I found the same thing today - 2007 double headed 5 cent piece. Sounds genuine, certainly looks genuine?

any help would be appreciated?

thanks
Pillar of the Community
Australia
1040 Posts
 Posted 01/16/2011  7:19 pm  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
Yes, they definitely are genuine. A few have shown up at both Downies and Noble auctions. You would need to have it authenticated by a reputable dealer, but if it is dated 2007, you are probably onto a good thing.
New Member
Australia
2 Posts
 Posted 01/22/2011  10:27 pm  Show Profile   Bookmark this reply Add erin22 to your friends list Get a Link to this Reply
thanks Sean, can you recommend a reputable coin dealer anywhere on the south coast of NSW, or will I need to go to Sydney?

Pillar of the Community
Australia
1040 Posts
 Posted 01/23/2011  01:21 am  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
I can't think of any off the top of my head in that area. You could call Noble or Downies and ask them to recommend someone, or someone here may be able to help.
New Member
Splock's Avatar
Australia
32 Posts
 Posted 01/23/2011  4:41 pm  Show Profile   Bookmark this reply Add Splock to your friends list Get a Link to this Reply
Erin, the Australian Numismatic Dealers Association (ANDA) has a list of dealers that have signed up to their Code of Ethics and can be used as a guide to help you find one in your area. This link will take you to their "Find a Dealer" page. There are other dealer associations too including the Stamp & Coin Dealers Association of Australia (SCDAA), hope this is of help.
Edited by Splock
01/23/2011 4:43 pm
Pillar of the Community
Australia
1040 Posts
 Posted 01/23/2011  10:23 pm  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
The latest issue of the Australian Coin and Banknote magazine mentions these double headed 5c coins on page 12. It was actually IAG and Downies where they were sold at auction, not Noble. 3 have been sold at prices of $2300, $1400 and $900.

According to the article, there could be upwards of 50+ of these coins that have escaped the mint. If you have one, hang onto it unless you really need the money. These will be worth big money in the future, especially now they are starting to become recognised as genuine.
Pillar of the Community
Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 01/23/2011  11:23 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
I'd like to know how a genuine double-obverse, or double-reverse, could come into existence ...

Given that the problem was identified prior to the time of Julius Caesar, one might imagine that a mint somewhere, at some time, sorted out how to keep the dies in their proper places.

Peter, mystified
Pillar of the Community
Australia
1040 Posts
 Posted 01/23/2011  11:41 pm  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
The only way it can be done is by deliberately doing it. The obverse and reverse dies are tooled differently to ensure it can't happen by accident. Whether this was done by an employee playing games, or the mint actually running tests and the coins were accidentally released is anyone's guess.

Or, if you are a conspiracy theory subscriber, perhaps they were released 'accidentally on purpose' to boost collecting interest.
Formerly nancyc
Nevol's Avatar
Australia
5385 Posts
 Posted 01/24/2011  2:17 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
My theory is a (possibly disgruntled) Mint worker who decided to hedge his/her bets by 'making' some very desirable coins that will be released to the market very gradually so as to not raise too many eyebrows. It's quite possible there was more than one worker involved!

If there are enough of the coins, it could turn out to be a very nice retirement fund. Just a theory!
life is a mystery to be lived not a problem to be solved
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