Hello Stackers, I'm thinking of getting a few $200 Australian coins and was hoping to learn a little about them through you guys as my coin knowledge is poor. Would you prefer to have a $200 coin or a 1/4 ounce? I gather their gold content is not that dissimilar since the $200 coin is 10g and 22 carat. Are there any years for the $200 coin that I should try to get more than others? Does the proof vs. uncirculated definition make a big difference? What would be a fair market value for the coin right now - simply gold spot? Or above? Thanks in advance for all help.
You will find uncirculated $200 going for between 430-460 on ebay. These are for earlier years, esp. 1980-82. Later years, they tend to go on ebay for 450-490ish. Personally i love the $200 Aussies. Good stop-loss built in (if gold price plummets to $500, hey, the coin is still legal tender for $200). As for proofs, i don't know too much about them. I believe the often sell on ebay for their bullion content, i.e. Not much more $$ than an uncirc. EDIT: i don't mention ebay because thats where you should go ... I mention it as a good representation of what people have been paying for them lately.
Yep ... You want a 1981 Proof 200 Dollar coin. If anyone's got one I'll pay SPOT + 100%. ... Then my collection will be complete. FMV of these is just over SPOT +10% due to the GST component. I don't pay or sell Proofs for any more than uncircs, but others do. Also... They have the magic 200 Dollar Stop Loss like the $10 Sterling Coins.
CK i can find no info on this 1981 proof release whatsoever. It's as if you've scoured the interwebs, erasing all traces of its existence. Do you have any links? Cheers.
There is no proof 1981 Royal Wedding $200. I had always wondered if this was a subtle disapproval of the Charles and Di wedding from the royal family.
Is the packaging part of the value of that higher premium at Strich coins or is it just the coin value stop-loss operating? btw eBay seems to be heading higher and higher for these.
At 0.2948oz, I'd prefer the $200 http://www.silverstackers.com/calculators/index.php?page=6 That said, they usually have a lower premium than an even 1/4oz coin, so provide more bang for buck. You just can't count your stack in a nice round ounces figure.
The Aussie $200 gold coins are unique in the world in that they have highest face value to gold value ratio of any coin available. (Conversely, consider our beloved 66 round 50 cent pieces) So if gold suddenly drops by 70% (NOT going to happen - but just pretend!) then your face value 'insurance policy' would kick in and you would still have a coin worth $200 - even if gold went to zero! When the global collapse kicks off these coins will remain solid chunks of real cash - so if you were desperate enough you could legally spend them anywhere in Oz. Of course this would double the price (or more) of whatever you were buying, but in desperate times cash is king. (Remember Argentina - no banks - no cash - no good)
Can anyone tell me please the capsule size for the $200 (and whether it's worth keeping them in the cardboard presentation sleeve, cases and plastic folders? Numis value seems low and paper is just paper! I personally like the idea of holding money
The $200 gold coin diameter is listed as 24mm so maybe try a 24.5mm or 25mm capsule . As far as storage goes, these coins are mainly traded at BV so storage of these coins is really up to you, but there are some exceptions where relatively low mintages could mean the coin has numismatic value rather than BV.
