| Author |
 Replies: 18 / Views: 3,265 |
|
Pillar of the Community
Australia
518 Posts |
Hey guys, I am looking to buy round 50c pieces and was just wondering if there are any fakes on the market? Because I saw 50 of them sell for $0.01 with no bids, why do you think that is when there is such a big market for them?
|
|
|
|
New Member
Australia
30 Posts |
How long ago was the listing on ebay? Maybe the seller put up a special listing for a buyer, just to do it on there, and he sold them at a cheap price to avoid fees and the buyer payed privately. If you have the link to it please post it up |
|
Pillar of the Community
Australia
1244 Posts |
Sound like a listing was pulled not sold; having item ended in your ebay watch list doesn't mean it was sold. Anyway I know that the price of these coins has slipped the past few weeks. They were going from anything from $16-$20 a coin, now you can get them from $8 - $14. I am unsure about fakes, but you do see lots from time to time with 100+ coins for sale. The 1966 round 50c is common, but if they are coming from somewhere like china who knows. I know they guy who makes copy's of 1930 penny's and florin and any coin that is unusual -- mostly dates that were never made like 1937. But he hasn't got into decimals coins, I don't think he would be making anything on it if he was making copy's of the 1966 50c -- buying the silver to make them wound not make it viable. |
|
Pillar of the Community
Australia
762 Posts |
The round 50c piece is 80% silver so it's sold as a bullion coin. The price goes up and down with the price of silver.
|
|
Valued Member
Australia
85 Posts |
1966 50c are a now a commodity,I love them as a decimal coin from a collectors point of view
|
|
Pillar of the Community
 Australia
518 Posts |
|
|
Pillar of the Community
Australia
518 Posts |
Forgot to mention he relisted them and they sold for AU $1,051.00.
Also I went through my collection of them and found a few double bar varieties, is there an estimated price on these?
Edited by AaronG
10/07/2011 09:36 am
|
|
Pillar of the Community
Australia
1244 Posts |
top of page listing "This listing was ended by the seller because the item is no longer available"
The seller obviously pulled it. I didn't think the listing would have counted down to 0 and have no one bid on it.
Hay I would of sooooooo been there if it had ;)
|
|
Pillar of the Community
Australia
518 Posts |
Do you know anything about the values of the double bars?
|
|
New Member
Australia
30 Posts |
Hi Aarong...Just looked in the 2010 McDonald's guide and it has the 1979 double bar at.. UNC: $12 and 1980 double bar at UNC: $10. Hope this helps you out.
|
|
Valued Member
Australia
193 Posts |
@MobOfRoos, yes their status is largely bullion. In Melbourne I have seen bags of them sold by the kilo. There were over 30 million of them made so no shortage there. However extremely high grade show piece examples of them are hard to find. I suppose large silver coins land with a thud and are easily dinted by the one landing on top of them in the finish bin. @ aarong. slightly off topic. I once saw an Indian silver rupee listed at $0.01 opening bid. I bid and won it as the only bid  , but was then contacted by the seller who said that there had had been some listing error/mixup and would I agree to the cancellation. I said OK. Neither of us lost anything but it was a fun few seconds before that email arrived. |
|
Valued Member
Australia
85 Posts |
Moral of the story.....not everything on ebay is real caveat emptor |
|
New Member
Australia
14 Posts |
So what would have happened if you had said 'NOT OK'?
|
|
Valued Member
Australia
193 Posts |
Quote:
So what would have happened if you had said 'NOT OK'? If I paid for it and held to the deal, he would have been obliged to honour it, but at what price? The seller would be unhappy, losing the postage as well, and I would be unhappy making someone unhappy all for a $10 piece of silver. So technically I could have potentially gained a free rupee, but morally I would have certainly been the loser. As it stands, neither of us lost anything and that is the best outcome. |
|
Valued Member
Australia
490 Posts |
Quote:
So technically I could have potentially gained a free rupee, but morally I would have certainly been the loser.
As it stands, neither of us lost anything and that is the best outcome. Well said agandau, you are top stuff in my book, honest and fair - good on you! |
|
Valued Member
Australia
278 Posts |
I too have to get some of these, I did have a few but for the life of me I can not find them anywhere...
|
| |
Replies: 18 / Views: 3,265 |
Posted 10/07/2011 09:00 am
