2002 outback 50 cent pressed on a $2 planchet

Discussion in 'Numismatics' started by SilverSurfer77, Feb 29, 2012.

  1. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    Hey,
    A mate of mine has one of these, its not fully formed but it is gold (coloured :lol:), he seams to think it is the only one in existance.
    Has anyone seen or heard of one of these, if so any idea of value??

    SS77
     
  2. Austacker

    Austacker Active Member

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    You know the rules - Pics...

    In general anything that has happened that shouldn't have happened and now someone has got it, means that someone is going to want it. Normally more than one and this creates the value. A 50c and $2 that is a big difference so yeah I would say only one probably got through. GOOD Pics will tell what it could be worth.
     
  3. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    Ok im onto it (pics), might take a couple of days though but I will get some on here asap, it is quite unique and unlike anything I have seen.
     
  4. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    Ok got some pics :D


    Source: [​IMG]
     
  5. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    Sorry about the size of them :/


    Source: [​IMG]
     
  6. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Nice! try the Australian Coin and Banknote Forum, more numis types there, or take it along to an ANDA show, free valuations, or take it to Downies or another auctioneer, or alternately stick it up on eBay to find the value.

    Does he want to sell it or just get it valued for insurance?
     
  7. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    He doesn't want to sell it, he is just looking for a value ATM. Of course im sure if he was offered enough money for it he would let it go. He has spoken to RAM and they wanted $400 to just look at it and confirm it is a genuine error but he is scared he will never see it again lol.
    He has even thought about sending in photo's to CAB magazine and see what they say about it or maybe even do an article on it to get some advertising and let people know that it exsists. It may even draw out more copies from people who have one, or confirm it is the only one.
     
  8. ausau

    ausau Active Member Silver Stacker

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    Is it the size of a $2 coin or a 50 cent piece?
     
  9. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    As you can see, a 50 cent die has been used but because there is not enough metal in a $2 planchet, it has not filled all the die so the whole coin has not formed properly.
    It is bigger than a $2 coin but not as big as a 50 cent.
     
  10. goldpelican

    goldpelican Administrator Staff Member

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    That's a British 50p planchet with seven sides.
     
  11. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    It has been put on the scales and it weights the same as a $2 coin and it also explains the gold colour, are the british 50p gold in colour?
     
  12. markn

    markn New Member

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    Hi,

    Registered just to comment on this coin. I'm one of the authors of the Australian Coin Collecting Blog (www.australian-threepence.com) and we love to keep track of this sort of error. It's known as a wrong planchet error. They are pretty scarce on Australian coins, more so with the 20c and 50c denominations and even more so because this one has been struck off metal. We know of a 50c struck on a 20c planchet that reached nearly $4,000 at auction a couple of years ago. This one, being struck on a aluminium bronze $2 planchet would most likely fetch more than that. A truly spectacular error! Thanks for sharing.

    Mark

    Mark
     
  13. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Hi Markn, nice to see you on this forum now the ACBO is defunct!
     
  14. tozak

    tozak Well-Known Member Silver Stacker

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    Looks legit, especially if it is the right weight. Problem usually is if it's only a one of a kind the Mint will recall it and seize it at any opportunity so you can't sell it.

    If there was a run of them and a genuine mistake then they will probably remain out there, last big one like this I know of was the 20c piece which was struck with the Hong Kong two dollar die back in 1981, probably worth around $2500 today so this may have a similar starting price if more than one can be identified.

    I got a part roll of $2 blanks once but sold them off for $10 each, they are not as rare as you would think.
     
  15. R1dh0

    R1dh0 New Member

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    i thought $2 (2000) error coin only found in "mule", but this one legit proof of other form of error......amazing :D.
     
  16. markn

    markn New Member

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    That's unlikely. One or two off metal errors and wrong planchet errors appear in most Australian coin auctions and the RAM doesn't seize the coins.

    The last one of these that sold was two years ago and it went for more than $6,000. I know someone who owns one and he let me hold it. It's a really spectacular error!
     
  17. markn

    markn New Member

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    Hey, nice to be here! I do not think ACBO will be missed too much other than the data that was lost.
     

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