2003 RAM gold plating question

Discussion in 'Silver Coins' started by margeandtina, Dec 26, 2010.

  1. margeandtina

    margeandtina Member

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    This is another of those auction lots I bought recently.

    This year, 2003, seems to pull in near $100 pretty consistently on ebay.

    However upon close inspection this one shows a definite misplacement of the

    selective gold plating.

    [​IMG]

    I haven't seen enough of these coins to know whether this is common or not.

    Any comments?

    Cheers,

    Mark.
     
  2. Boyo

    Boyo Active Member Silver Stacker

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  3. margeandtina

    margeandtina Member

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    Any idea what the snake ended up going for?

    Looks like a good opportunity to flip it, I was a bit reticent about calling

    it an error coin but, as someone commented on the snake mistake thread,

    if I had commissioned the work and had it presented thus I'd reject it.

    Thus it has escaped their quality control procedures.

    Mark.
     
  4. Boyo

    Boyo Active Member Silver Stacker

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    Many error coins have become quite collectable..I don't have an eye for them at all.But value is a subjective thing.Many seem to desire the unique .
    If you check down to page 2 the snake ended at $1005 .00.

    Go figure!
     
  5. margeandtina

    margeandtina Member

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    Bloody hell, it's looking like a flip is the way to go.

    Anyone seen anything else like this?

    Mark.
     
  6. Matthew 26:14

    Matthew 26:14 New Member

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    You can try and flip it on feebay with the words *ERROR* emblazend all over it but you often find some little mistakes here and there on these collector coins. A fella here the other week tried to sell on feebay a 2011 coloured lunar rabbit as an error coin as it had a spot on its colourization, no takers for it.

    Bung it on feebay at 0.99c and use some of your other accounts to bid it up to like $500 and see if there are any takers at such a whacked out price - or is that cheating? :)
     
  7. Boyo

    Boyo Active Member Silver Stacker

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    Ahem...I think what you are proposing is called "Shill" bidding.Very naughty :)
     
  8. Matthew 26:14

    Matthew 26:14 New Member

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    Wouldn't have to do "shill" bidding if feebay didnt have fees that are an outrage.
     
  9. margeandtina

    margeandtina Member

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  10. margeandtina

    margeandtina Member

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    I just added some more scans to the listing upon a request from

    a potential bidder.

    Mark.
     
  11. margeandtina

    margeandtina Member

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    One of the questions put to me on ebay was whether or not the

    the edge of the coin was gold plated. It turns out that it is plated,

    but several later such coins I have do not have the edge plating.

    Intrigued, I found this link:

    http://www.silverbullionworld.com/kangaroogilded.html

    "Teething problems" (at RAM) are referred to but I've yet to see any reference

    to the edges of this coin being gold plated. The manual procedure referred to was

    apparently prone to error so it stands to reason there would have been some

    dodgy outcomes but presumably they'd be rejected.

    Anyone out there have any further insights.

    Mark.
     
  12. Jakpot

    Jakpot New Member

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    I think the kangaroo is missing some gold coating on the tips of its tail, feet, and paws... compared to the pic on margeandtina link...

    correct me if Im wrong
     
  13. margeandtina

    margeandtina Member

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    Jakpot, there's definitely missing or misaligned plating on the kangaroo design

    but I'm now wondering about the edge of the coin.

    If you look closely at the scan above you can actually see some gold around the edge.

    In fact the entire edge is gold plated. I have examples of the 2006 and 2007 coins and

    neither has a plated edge. According to the link above the blanks were plated first and the

    operator had to align the blank with the die. What happened next I don't know but

    would love to find out.

    It may be that the gold was meant to be removed from the edge as well, in which case

    this is a real anomaly.


    Again, any thoughts appreciated.

    Mark.
     
  14. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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  15. margeandtina

    margeandtina Member

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    I agree THUCYDIDES79, I'm spewin' I neglected to include silver

    in the description. I made the same mistake with the Ancient Coins set

    I put up as well.

    As you say, anyways-here's hoping.

    Thanks for getting the ball rolling.

    I'm going to try later on to get some kind of definitive answer regarding the

    gold plated edge.

    Mark
     
  16. domdolittle

    domdolittle Member Silver Stacker

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    I was the Lucky Bastard who pulled this one on Xmas eve... :cool:

    Item number: 280605320851

    2003 $1 Kangaroo Gold Plated 1oz silver
    Royal Australian Mint issue

    Winning bid: AU $80.00

    FREE postage Registered

    a nice Xmas present to myself

    :lol:


    I will check it out for errors when it turns up, that's for sure... ;)
     
  17. margeandtina

    margeandtina Member

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    Nice pick up Dom, they usually get up to $100.

    Your Sydney Olympic coin set should be getting close now.

    Cheers,

    Mark.
     
  18. domdolittle

    domdolittle Member Silver Stacker

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    Not yet, Mark

    But I'm not worried, they'll get there eventually.

    cheers mate
     
  19. domdolittle

    domdolittle Member Silver Stacker

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    Oops, I better move this to Private Message...

    before the Gold Pelican circles above my old carcass :D

    and don't want to give a bad impression to the Forum.

    :cool:
     

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