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2007 Double Headed 5 Cent

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New Member
coin_nut's Avatar
United States
1 Posts
 Posted 06/15/2015  12:20 am  Show Profile   Bookmark this reply Add coin_nut to your friends list Get a Link to this Reply
I bought one of these in August, 2014 from someone who had just returned from Australia and received it in change. He nearly spent it again before noticing that it had two heads! The coin is very near mint state. Two dealers here in NZ looked at it, weighed it and called it unquestionably genuine.

If this July, 2014 Noble auction is any indicator, the price is moving up significantly. http://www.noble.com.au/auctions/lot?id=317854 Let's just say I didn't pay anywhere near that much.

It's hard to believe this coin could have gone unnoticed for seven years. Are they still being released?



Valued Member
tella's Avatar
Australia
102 Posts
 Posted 06/15/2015  03:55 am  Show Profile   Bookmark this reply Add tella to your friends list Get a Link to this Reply
Yes this coin has spiked over the last 12 months in price. There was an estimate of 600-800 believed to have been issued although I think it would be closer to 150. 12 months ago EF grades were selling for the $1250-$1500, last week noticed one sell for $2500. These are not seen as regular on the selling market anymore which is now driving the price up. They are still found in circulation but the chances of finding one is close to zero
Pillar of the Community
shanew's Avatar
Australia
1041 Posts
 Posted 06/15/2015  04:30 am  Show Profile   Bookmark this reply Add shanew to your friends list Get a Link to this Reply
decimal coin error are very hot and moving very quickly they have no idea dealers what they are worth they say 1000 estimate and get 16 to 20 k I would say the quickest of all the market .............
New Member
Australia
6 Posts
 Posted 06/14/2016  04:39 am  Show Profile   Bookmark this reply Add Thefraz to your friends list Get a Link to this Reply
Hi guys I have a genuine 5 cent 2007 double head coin graded by PCGS.
This post is pretty old have anyone found out more info on is coin?
Thanks
Pillar of the Community
Australia
1005 Posts
 Posted 06/15/2016  11:06 pm  Show Profile   Bookmark this reply Add ozcoins to your friends list Get a Link to this Reply
Another new member with a single post in this thread.
Someone who is into coins enough to spend a lot on a rare, unusual, PCGS slabbed coin, but only joined and posted in this thread now.
Does this seen strange to anyone else?
New Member
Australia
6 Posts
 Posted 06/15/2016  11:26 pm  Show Profile   Bookmark this reply Add Thefraz to your friends list Get a Link to this Reply
I purchased the coin last year and sent it to American to be slabbed. Came back ms-63.
Pillar of the Community
Canada
5324 Posts
 Posted 06/15/2016  11:41 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Just asking my earlier question on this coin, does someone have an explanation of how these coins were produced?
New Member
Australia
6 Posts
 Posted 06/15/2016  11:52 pm  Show Profile   Bookmark this reply Add Thefraz to your friends list Get a Link to this Reply
Rumour is they were made purposely by a employee at the Royal Australian mint.

Edited by Thefraz
06/16/2016 12:06 am
Pillar of the Community
Canada
5324 Posts
 Posted 06/16/2016  12:06 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Any link to any news report on charges against employee, Canadian version PCGS # 27785695 cool coin
New Member
Australia
6 Posts
 Posted 06/16/2016  12:37 am  Show Profile   Bookmark this reply Add Thefraz to your friends list Get a Link to this Reply
This is my one #33781810. Anyone have an idea of value or seen one close to this grade sell?

2007-Double-Headed-5-Cent

2007-Double-Headed-5-Cent
Edited by Thefraz
06/16/2016 04:53 am
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 06/16/2016  05:03 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Just asking my earlier question on this coin, does someone have an explanation of how these coins were produced?


Mint Sport
Pillar of the Community
MobOfRoos's Avatar
Australia
762 Posts
 Posted 06/16/2016  08:20 am  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply

Quote:
Mint Sport




Although the difference with these coins is that they have been found in circulation.

I would like to hear the story behind that. Was the RAM employee forced to ditch his stash of mint sport before he got caught?
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 06/16/2016  09:33 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I have absolutely NO interest in these illegal and deliberately created "Errors" and for me they have absolutely NO numismatic value whatsoever.
I treat these much the same as I would any other counterfeit coin.
Before we get the arguments that these are "Kosher" and that they were made at the mint let me point out that they were deliberately made and NOT sanctioned by the mint or government, So IMHO they ARE counterfeit regardless of where they were manufactured .
New Member
Australia
6 Posts
 Posted 06/16/2016  5:04 pm  Show Profile   Bookmark this reply Add Thefraz to your friends list Get a Link to this Reply
yeah a lot of people would disagree with you.
Regardless of what you think it's is worth 1000's of dollars.
Your entitled to your opinion though and I respect that.
And I'm pretty sure if you found one you wouldn't throw it away!


Pillar of the Community
shanew's Avatar
Australia
1041 Posts
 Posted 06/17/2016  03:32 am  Show Profile   Bookmark this reply Add shanew to your friends list Get a Link to this Reply
there is one for sale for $7500 and he will get it .. decimal errors or mint sport are very hot and just keep the dealers .amazed the new facebook type group have bough so many new collectors to a what was slowly dying collecting area like stamps back into favour ...and super funds can now invest in coins has bought the market up . and the coins you would see every few years now go fo longer periods of time .........so go collect them boys and girls there is no top yet
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