50cents vs florins

Discussion in 'Silver' started by Slimey, Aug 6, 2020.

  1. Slimey

    Slimey Well-Known Member

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    Not the same interest at the moment. 50 cents selling like hot cakes.....florins are floundering.
     
  2. 66rounds

    66rounds Well-Known Member Silver Stacker

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    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. Slimey

    Slimey Well-Known Member

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    3 pre 46 florins equal an ounce.
     
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  4. Jason1

    Jason1 Well-Known Member

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    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
     
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  5. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    I've got a couple dozen florins but no 50 coins. I always liked the florins over the 50s.
     
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  6. Slimey

    Slimey Well-Known Member

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    you can get florins at or near spot. 50 cents are way over.
     
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  7. kilo

    kilo Well-Known Member Silver Stacker

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    pre 46? where can I find?
     
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  8. Slimey

    Slimey Well-Known Member

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    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.

    [​IMG]
    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
     
  9. Slimey

    Slimey Well-Known Member

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  10. alor

    alor Well-Known Member Silver Stacker

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    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
     
  11. alor

    alor Well-Known Member Silver Stacker

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    it could be due to lost memory in eBay, forgotten listings
     
  12. Mill3d

    Mill3d Member

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    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
     
    Last edited: Aug 8, 2020
  13. OneDay

    OneDay Active Member Silver Stacker

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    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.
     
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  14. kilo

    kilo Well-Known Member Silver Stacker

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    That’s like 30 an ounce, mate awesome deal!
     
  15. OneDay

    OneDay Active Member Silver Stacker

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    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.
     
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  16. kilo

    kilo Well-Known Member Silver Stacker

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    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:)
     
  17. alor

    alor Well-Known Member Silver Stacker

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    they could be using the weekly chart, but people have mobiles apps and can see live prices nowadays
     
  18. SouthCoastSilver

    SouthCoastSilver Active Member

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    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)
     
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  19. Mill3d

    Mill3d Member

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    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
     
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  20. Slimey

    Slimey Well-Known Member

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    That is the end of the boom.......when buyers dry up.
     

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