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1972 5c

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spd_dmn's Avatar
Australia
35 Posts
 Posted 06/08/2006  03:53 am Show Profile   Bookmark this topic Add spd_dmn to your friends list Get a Link to this Message Number of Subscribers
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. :)
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Metalman's Avatar
United States
7123 Posts
 Posted 06/08/2006  04:01 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
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
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Sap's Avatar
Australia
16826 Posts
 Posted 06/08/2006  05:26 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
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
Pillar of the Community
Australia
1295 Posts
 Posted 06/08/2006  06:02 am  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
Maccas has the 1972 5c in UNC at $32. For a real idea of their worth try doing an ebay search.
Pillar of the Community
Australia
1295 Posts
 Posted 06/08/2006  06:51 am  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
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
Valued Member
madbudgie0's Avatar
Australia
109 Posts
 Posted 06/08/2006  07:20 am  Show Profile   Bookmark this reply Add madbudgie0 to your friends list Get a Link to this Reply
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.
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spd_dmn's Avatar
Australia
35 Posts
 Posted 06/08/2006  6:39 pm  Show Profile   Bookmark this reply Add spd_dmn to your friends list Get a Link to this Reply
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.
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