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What To Expect From Sales (Australian Coins)

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Pillar of the Community
RFB's Avatar
United States
532 Posts
 Posted 07/24/2009  8:47 pm Show Profile   Bookmark this topic Add RFB to your friends list Get a Link to this Message Number of Subscribers
I collect mainly US, I have accumulated quite a stash of foreign mixed in just when buying in bulk or such. It was not until I joined this site that I actually thought about them again.

Are they worth breaking up into individuals? Or should I just sell as a group?

I plucked a couple to show average shape. Nothing MS or fancy I dont think, but cool if you collect them....I do not. And I do not want to learn about Aussie coins. Not saying it to be rude, just trying to avoid the argument that I should expand my collection to include Aussie coinage. I have a brain full of early US copper and am busy enough with research.

I have no idea about mint marks or varieties in land of Oz but I have probably 200 coins of various denominations from Australia alone. Date ranges from early 1900's to mid 80's

What-To-Expect-From-Sales-Australian-Coins


What-To-Expect-From-Sales-Australian-Coins

Thanks to all those that help me with these.

Pillar of the Community
Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 07/24/2009  11:32 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day, if you sell them as a group, you'll save yourself a lot of time & effort, and you'll get a much lower price. That's true of any group of coins.
If you invest the time & effort, you'll get the maximum attainable for each piece: which may be "not much" or "a lot".
By not investing the time etc, you are taking a calculated risk that some valuable pieces are among them. Any buyer is taking a gamble that she or he might find something interesting ... might.
Coins since 1966 are still currently circulating here, and are unlikely to be worth much more than face value.
Coins pre-1966 ceased circulating in 1966, and a lot of people collect these.
Given that you "do not want to learn about Aussie coins", I won't go further than that.
How many pre-1966 coins are there ?
What is the face value of the post-1966 ?
Someone'll make an offer.
I suggest that you start calculating the cost of postage.
Peter in Oz
Pillar of the Community
Australia
1040 Posts
 Posted 07/24/2009  11:44 pm  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
If the coins in the picture are indicative of what you have in the pre-decimals, then you can expect about $15-$20 per kilo. If you have silver (threepence, sixpence, shilling, florin) then you can obviously expect more. The best way would be to list all the dates of each denomination and we can tell you what date to post pictures of. As with US coins, some dates are worth much more than others.

And as Peter said, decimal coins only for face.
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RFB's Avatar
United States
532 Posts
 Posted 07/25/2009  12:10 am  Show Profile   Bookmark this reply Add RFB to your friends list Get a Link to this Reply
Thank you both for the rapid replies.

I was apprehensive about posting huge groups of coins as I didn't want to burden or junk up the board with coinage I had no idea about. You are both correct, the differences however subtle from one type vs the next can mean leagues in terms of desirability amongst collectors.

This may sound like a silly question but- ALL post 66 coinage still worth face value? Naturally this is completely aside from any collectible coins value.

I have approx $30-$40 in face value post 66
Additionally approx 200 coins pre 66 with about a 80/20 copper to silver ratio respectively.

The silver coins are what gets me. Trying to identify the origins as indeed Australian when I cannot recognize the figures on them....very strange feelings to have as a collector.

Huge box of coins sitting in front of me that I cant identify beyond extreme basics and even only half of them at that. I am leaving for a trip tomorrow but upon my return I will post the collection with more clarity of contents. Your input would be appreciated.

Thank you both for taking the time for sharing the info.
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DNA's Avatar
United States
2734 Posts
 Posted 07/25/2009  12:32 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply

Quote:
Peter THOMAS "Coins since 1966 are still currently circulating here"

Well then, I better fly right down to Oz and get myself some of those 80% Silver 1966 50-Cent pieces from circulation!

The 80% Silver 1966 50-Cent coin is the only silver-content Australian Decimal coin that was struck for circulation. They were worth more than face value even when they were brand-new!

Here's a link to the Australian Silver Coin Value Calculator, which shows the percentages of silver content and melt values in US$ and other currencies.
Edited by DNA
07/25/2009 12:38 am
Pillar of the Community
Australia
1040 Posts
 Posted 07/25/2009  03:29 am  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply

Quote:
This may sound like a silly question but- ALL post 66 coinage still worth face value? Naturally this is completely aside from any collectible coins value


Actually that was a bit hasty on our behalf, as DNA pointed out the '66 50c is silver. And 1 and 2 cent coins no longer circulate, so they have a small premium, depending upon the year, the '68s for both being the standouts. There are a few decimal coins which will have a slight premium, however it is quite easy to find virtually all the decimal range at any dealer in BU grades.

For the decimals, the 2000 $1 needs a second look, as there is a valuable mule variety. The 1966 20c has a valuable variety where the 2 has a 'wavy' bottom stroke instead of straight. The 2000 millennium 50c has a variety with an incused Union Jack on the flag.



Quote:
Trying to identify the origins as indeed Australian when I cannot recognize the figures on them


What do you mean here? They should all have "Australia" on them. If not, then they are British.
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