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Badly Stamped $2 Coin

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adam butson's Avatar
Australia
19 Posts
 Posted 06/04/2009  06:55 am Show Profile   Bookmark this topic Add adam butson to your friends list Get a Link to this Message Number of Subscribers
can any one tell me what has happened to this coin and what would it be worth thank you

Badly-Stamped-$2-Coin

Badly-Stamped-$2-Coin
Pillar of the Community
Australia
1295 Posts
 Posted 06/04/2009  08:16 am  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
That coin is a cast counterfeit. 2003 is a well known year for counterfeit $2 coins. You can tell by the spaghetti like hair of the queen and the troll like appearance of the gentleman on the reverse.
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 06/04/2009  08:44 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
collectors would pay $2 for it - at least, I would - but not much more.
Peter in Darwin
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Sap's Avatar
Australia
16849 Posts
 Posted 06/04/2009  09:13 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
For me, the giveaway that it's a counterfeit is the shape of the stars. The crims obviously weren't artists, and didn't know how to draw a seven-pointed star properly.

Quote:
...what would it be worth...

It's theoretically worth time in prison if you get caught keeping it, trying to sell it, or trying to spend it.

Under Section 9 of the Crimes (Currency) Act 1981, now that you are aware that it's counterfeit, you're supposed to hand it over to the Police.

Personally, I'd put it in a watertight, airtight plastic bag with a big sign saying "Warning! Counterfeit Coin! Do Not Spend!". Then I'd dig a hole in the backyard, bury it with some other stuff I didn't want, and place a plaque on the spot saying "Time Capsule - Do Not Open Until 2060". Hopefully, by then we'll have reformed the currency and it would be legal to own such a coin, just as today it's legal to own contemporary counterfeit shillings and florins from before 1966.

I'm sure the archaeologists will be delighted to find an example of an early 21st century counterfeit coin.
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
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adam butson's Avatar
Australia
19 Posts
 Posted 06/04/2009  3:03 pm  Show Profile   Bookmark this reply Add adam butson to your friends list Get a Link to this Reply
thanks for all your help. well that explains why it looks like that
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Australia
3831 Posts
 Posted 06/06/2009  01:57 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Definitely a case of a counterfeit coin. Really ugly.
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
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