Discussion in 'Silver' started by Slimey, Aug 6, 2020.
Not the same interest at the moment. 50 cents selling like hot cakes.....florins are floundering.
Interestingly 50c rounds usually have slightly under 80% silver whilst florins are slightly over 50% so more bang for your buck with florins.
50c rounds are more popular because of their size. You can estimate 3 coins to 1oz of silver
3 pre 46 florins equal an ounce.
People identify with round 50's more, there are allot of people who werent around predecimal so the round 50's are more fimiliar, plus they are cool being round when our regular 50 cent isnt Lol
I've got a couple dozen florins but no 50 coins. I always liked the florins over the 50s.
you can get florins at or near spot. 50 cents are way over.
pre 46? where can I find?
Watch this one on ebay. At the moment it is a touch over spot. No interest ........yet a 50cent is already at $16 with postage.
Australia 1916 Florin (925 Silver)
0 BIDS:AU $10.00+AU $3.10Postage
TIME ENDS:2d 2hMonday, 18:34
SELLER:keitakiracing(1403)100% positive Feedback
Or this one. Keep your eyes on it. 565grams of silver. 18.17 ounces equals $690 at $38 per ounce.
NEW LISTINGBulk Lot of 100 Post 1945 Australia Florins (500 Silver)
Silver · Australian Florin
Time left6d 23h left (Sat, 3:21 pm)
or Best Offer
+AU $12.00 postage
50% silver, its just too bulky
80% rounds are liquid, just like cats..can fit in many people
some hoarders keep 5000 of them regularly
it could be due to lost memory in eBay, forgotten listings
The logic is what looks like a worse than cull 1916 florin is the same beauty in the eye of the beholder as a crisp 1966 round fifty
Better to compare the 1944 or 1943 florin for these are also relatively uncirculated
In hindsight I wish I had gotten more predecimal. Kinda too late now as prices have moon shot. Unless I try to trade some how.
Picked up a couple of post 46 Florins from Coin shops this week as they had $5 price tags on them so seemed pretty fair.
That’s like 30 an ounce, mate awesome deal!
Yeah the coin shops around here haven't updated their prices. I've basically grabbed every thing under spot not that there was that much. 100 Mexican Peso coin for $20 (0.64 Oz) was pretty nice too.
That’s where the fun is at for sure, if you can get in front on thoes guys it’s all warm on the inside
they could be using the weekly chart, but people have mobiles apps and can see live prices nowadays
I've bought and sold pre decimal, I bought and sold 50% and 80% (I think) florins for spot before, have sold the 80% florins for spot +5%. Have bought and sold 1966 fiddys at a post plus $1-$2/coin
In terms of liquidity, 1966 fiddys are easily the best australian pre decimal in my opinion (Gold and Silver)
The differences between bullion florins and fifties can be summarised here:
.925 for all florins up to 1945. The earlier 2 monarchs are typically cull coins or slicks like the one pictured earlier in the thread. They were heavily circulated and it shows.
The most recent pre46 monarch series is typically in gradeable condition, tending to aUNC and sometimes UNC for the last year or two of mintage. Huge amounts were minted so that US and other military personnel stationed in Australia had currency, from what I’ve read
These latter coins are typically in better grades as they were less circulated before the debasement from .925 to .5 in 1946
With fifties you have a single year and the only real hope for a numi is the rare double bar or if you bought UNC (available a decade ago in quantity, I don’t know now)
With .925 florins there is a good chance of picking out a few rare coins eg 1914 Heaton but the odds are very high the coin will be in the lowest grades
Even still, the odds are high to near certain of numismatic grade coins in the 1942-1944 range...a small premium but one nonetheless (although if buying from a
On SS popularity waxes and wanes. There have been many times you could not give away post46 and the odd time large amounts of fifties went unbought even when 7.50 AUD
You rarely see .925 in bulk here...yet
What I suspect is coming soon is a lot of hoardings come to market in the run up to 50 AUD. You’d think that will put a ceiling on prices for a time until inventory is exhausted or the spot price runs harder. The reason is that figure would be tempting to an old time stacker from the last run up. I see in the trading section already one or two vendors recently seeking to offload quantities of bars and coin at the current price. Around 10x that might put $1 million of product into the supply side here and I don’t know if there is demand to absorb it
That is the end of the boom.......when buyers dry up.
Separate names with a comma.