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Replies: 10 / Views: 2,552 |
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Valued Member
Cyprus
349 Posts |
Hi I have come across a couple of these coins in their Commonwealth bank packaging. Anyone know what they are worth apart from $5. They are UNC.
Thanks.
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Moderator
 Australia
16808 Posts |
$5 at the bank is still about the best money you can get for these if you're selling. Even coin dealers seem to be reluctant to pay face value for them. The Commonwealth Bank flips these coins were sold in were unfortunately heavily plasticized PVC. After 30 years under normal storage conditions they've started to damage the coins, so the coins may not qualify as truly Unc anymore. I know mine doesn't. 
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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Valued Member
 Cyprus
349 Posts |
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Pillar of the Community
Australia
515 Posts |
I think there were 2 types of plastic that these coins were issued in. An unsealed pvc pouch and a sealed non-pvc. I have the 2 different sorts -don't want them though either.
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Valued Member
Australia
153 Posts |
CBA was one packaging,theres a few others I have A nice cheap collector coin I love them
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Valued Member
 Cyprus
349 Posts |
I have the sealed coin package. It has the spec card sealed in one compartment and the coin sealed in another compartment. It sounds like they are the non-PVC type which is something positive.
At least they are UNC I suppose.
Strange to see an UNC coin (assuming it qualifies) from 1988 with a mintage of 3m selling for face value. I think the $5 coins not being very sought after may be the problem;or Parliament house not being a popular theme.
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Pillar of the Community
Australia
515 Posts |
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Valued Member
 Cyprus
349 Posts |
Thanks Purple penny. I've got the better non-pvc one. They dont seem to be very popular.
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Pillar of the Community
Australia
652 Posts |
Ozzie, Like the 1 and 2 cent pieces, you should ask the bank if they have any $5 and $10 coins. They are legal tender and I have heard of banks having a few at face value.
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Bedrock of the Community
Australia
21786 Posts |
I must admit, I cannot see good investment in NCLT. The mint has customers, not numismatists. An investor in coins, if he is going to pay big money, should seek professional advice before investing in NCLT. Only a very few issues have turned out to be successful investments, and usually those with extremely low mintages, the existence of which have almost no publicity attached, because the mint KNOWS that they will sell out in a day.
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Valued Member
 Cyprus
349 Posts |
OK Yass I will check with the bank next time.
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Replies: 10 / Views: 2,552 |
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