Would like to buy numerous generic 1937 Australian Silver Crowns Any quantity considered. Message me if you would like to sell. Thanks!
Thanks secured a few already. And some more pending. Am still buying.. send a message if you are selling.
Good luck with your hunt for 1937 crowns, @bsides, I hope you have more success than me in this endeavor. I tried getting a few more 37s for my stack at a recent auction but got blown out of the water with my paltry bids. I was truly shocked at the prices these coins are now bringing, as an example a choice Unc sold for close to $300 with the buyer's premium, and another Unc went for more than $660! A 37 in only EF grade went for about $220 with the premium and lots of 10 in VF grade made up to $480 with the buyers premium. Glad I managed to secure a modest stack when then they were going for around $20 each many years ago
Yes, hakka is right, market has gone nutty for these last 12 mths. I have a few but I only kept au up
Thanks guys!! I did buy some so far for approx $40-42 each... Seems a bit hectic on prices, but nice to have a few..... Wow hakka those there in high grades are going for coin collector 1938 Crown money by the sounds for sure....!
With the 1937 Crowns, there was always a (mis)conception that they were common, and that the 1938 coins were scarce based solely on the mintage figures. What people failed to appreciate was the fact 1938 were always considered numismatic items and hoarded away while the 1937s were viewed more as bullion item coins and melted down in great quantities over the years ( particularly in Asia, Honk Kong ). So, I think what is happening with the 37s is a great awakening and realization that these coins are not as common as everybody thought and a bit of a panic to get on board, which is why the prices are surging to record at present. What is the current surviving ratio of 37s compared to 38s is anybody's guess, but it is nowhere near the 10 to 1 ratio of mintage figures, as a guess I would say it is probably less than five to one nowadays. What do you fellas think?
^^^ sounds right… these 1937s are 1st to be casualties when it comes to melting, cause of high silver contents…in ratio, I’d say close to 8:1 now…
LOL 10 to 1 is in line with mintage, also they didn't get hoarded when issued, mintage were not as transparent back in the days, the coin was no different in design and the reason why the mintage was so low in 38 was because the 37 issue was unpopular. 8 to 1 may be the case but prices do not reflect this (8x$40 = $320 for entry level 38) which means at $150 a 38 is cheap
^^^ BU 1938 is > $150? Really..? got a couple 1938 BU grade, no dings/holes… just plain BU grade… I might think of aucting tyem… when I can access my SDB. thanks Gladys!
That's my point bubble, your willingness to sell them circa $150 shows how cheap they are vs 1937 which has 10x the mintage
Great comments guys. Personally I would consider both coins common. Ebay listings give some idea. Ebay currently showing 238 listings for 1937 crown and 72 listings for 1938 crown. With 72 listings of a coin how can it be rare. There are banknotes and coins where there are not even 1 listing of the item. Everyone is different and there is no right or wrong way to view something, just my opinion. I would maybe get 1x 1938 one day just to have it.
Thanks for letting us hijack your trading thread, @bsides much appreciated. I also would not consider the two crowns to be rare in average circulated conditions, but at the same time, I would not classify them as common either. 'Common' would mean that every collector would have at least some of these coins in their collections, and that is definitely not the case. Where these coins become rare and command a lot of money is when you get into the high-end uncirculated examples with minimal contact traces. The large surface area and fields of crowns are notorious for detracting 'tooth marks' and other unsightly digs, rubs, and blemishes. These were invariably caused by the manufacturing, handling, and bagging processes of freshly struck coins at the mint. I would classify both crowns to be rare in grades of MS63 ( choice Unc ) and above and worth whatever price the seller is asking. And once you get to GEM Unc grade ( MS65 ) these coins become nearly as rare as hen's teeth, with only six 1937s graded this high and no 1938s according to PCGS in circulation strikes. And by the way, I am not sure that eBay listings are the best way to gauge the crown market, as so many on there are Chinese fakes.
