"All Gold" auction #1 of One and Two Rand gold coins, ending 8pm AEDT on Sat 24 Feb

Discussion in 'Australia & New Zealand (Public)' started by GoldCash, Feb 22, 2024.

  1. GoldCash

    GoldCash Member

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    Hi Stackers

    This is the first of a few auctions of gold items I'll be offering over the next few weeks. They include coins, medallions, minted bars and poured bars, ranging from just over 1/10 oz to 1 oz weights.

    First up are these one and two Rand gold coins from South Africa.
    These are nice bullion coins suitable for anyone starting out with investing in gold, or for those who want to expand their collections to include some interesting foreign coins, and I'm starting the bids below spot price.

    Happy bidding!

    Lot 1
    1 x 1973 One Rand gold coin
    A 3.99g coin made of 22 Carat gold, containing 0.1177 oz t of fine gold.
    References: https://en.numista.com/catalogue/pieces17856.html and https://en.wikipedia.org/wiki/Coins_of_the_South_African_rand
    Starting bid: $360
    1973 gold R1 coin.jpg

    Lot 2
    1 x 1974 One Rand gold coin
    A 3.99g coin made of 22 Carat gold, containing 0.1177 oz t of fine gold.
    References: https://en.numista.com/catalogue/pieces17856.html and https://en.wikipedia.org/wiki/Coins_of_the_South_African_rand
    Starting bid: $360
    1974 gold R1 coin.jpg

    Lot 3
    1 x 1977 Two Rand gold coin
    A 7.99g coin made of 22 Carat gold, containing 0.2354 oz t of fine gold.
    References: https://en.numista.com/catalogue/pieces22080.html and https://en.wikipedia.org/wiki/Coins_of_the_South_African_rand
    Starting bid: $725
    1977 gold R2 coin.jpg

    Auction and Sale Conditions

    • This auction for each lot will end after 8pm AEDT* (NSW/VIC/ACT) Saturday 24 February and once there have been no bids on that lot for 5 minutes.
    • Time will be determined by Silver Stackers time stamps of posts.
    • Minimum bid increment of $1.
    • Payment by PayID or bank transfer, or optionally cash for face-to-face transactions.
    • Postage at choice and risk of buyer, or F2F in a library or shopping centre in any of the central Brisbane suburbs.
    • If postage is required I will post items once payment is received in my bank account, within one or two business days.

    * 5pm in WA; 6:30pm in NT; 7pm in QLD; 7:30pm in SA
     
    madaw1 likes this.
  2. SteelHand

    SteelHand Well-Known Member Silver Stacker

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    Lot 1 - $360
     
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  3. GoldCash

    GoldCash Member

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    Eight hours to go (subject to the 5-minute sniping extensions).
    At today's spot price of $3,105.74 per oz, the gold value in Lots 1 and 2 is $365, and in Lot 3 it's $731.
     
    Last edited: Feb 24, 2024
  4. GoldCash

    GoldCash Member

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    Lots 1 and 3 sold pending payment.

    Next auction will be Kruger Rands (half and whole ounces) taking place this coming week, starting with below-spot prices again.
     

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