1972 5c - Coin Community Forum

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Author	Replies: 6 / Views: 2,414
spd_dmn New Member Australia 35 Posts	Posted 06/08/2006 03:53 am Hey, got another one for ya's. My mate has a swag of mint condition 1972 5c coins. He believes there was a low mintage in this year, and wants to know how much they may be worth. As I'm new to collecting I have no idea, but I told him I'd ask on here, so here I am. :) Report this Post to the Staff

Metalman Pillar of the Community United States 7123 Posts	Posted 06/08/2006 04:01 am Hi spd_dmn Mintage on the 1972 was 8,256,000 making it a very low Mintage in comparison to the other years. Krause lists the values like this. F-.15 VF-.30 XF-1.00 UNC-7.50 Rick Report this Post to the Staff
Sap Moderator Australia 16826 Posts	Posted 06/08/2006 05:26 am The Australian catalogues don't give a value for anything less than Unc for the decimals, because you'd be hard pressed to find a dealer here who'd give more than face falue for circulated ones - they aren't quite in the "scarce" category yet. I can't tell you what Renniks/Maccas quotes them at - my copies are still out on loan. 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 Report this Post to the Staff
markn Pillar of the Community Australia 1295 Posts	Posted 06/08/2006 06:02 am Maccas has the 1972 5c in UNC at $32. For a real idea of their worth try doing an ebay search. Report this Post to the Staff
markn Pillar of the Community Australia 1295 Posts	Posted 06/08/2006 06:51 am Just looking at ebay myself I see 1972 UNC $18.05 1972 circ (looks VF to me) $2 Nothing else I can find there. Interestingly if your friend can get $18 for each of his 5c that's an equivalent ROI of around 19% (compounding) over the 34 year period. If only he'd bought 50000 of them and could actually find 50000 people who wanted to give him $18 for each of them. Edited by markn 06/08/2006 06:53 am Report this Post to the Staff
madbudgie0 Valued Member Australia 109 Posts	Posted 06/08/2006 07:20 am Yes spd_dmn - Grade has everything to do with what they are worth, (do you know what grade they are?)as you have already been given an UNC price above I though I give you a dealers buy price (this was what I was offered for common circulated coins) and this was as mentioned above $2 AUD ea. Report this Post to the Staff
spd_dmn New Member Australia 35 Posts	Posted 06/08/2006 6:39 pm Wow! That's great for a 5c coin, even $2 is a huge pricerise. I'll have to find out the grade of 'em this arvo. Thanks. Report this Post to the Staff
	Replies: 6 / Views: 2,414

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