Indeed. They might look at you funny and even ask "so 20 cents worth of $50? ", but they will swap it at no charge (at least CommBank does). Also, at times they may be low on coinage. Last time that happened they were down to $30 of 20 cent coins, my reply was "I'll take the remainder then". Interestingly enough, I swap $50 notes most of the time. Haven't tried swapping more than $50, but might try next time just to test the limits a bit. Would be amusing if the members here alone cause an influx of coinage requests.
Thanks! Gotta try it out. For $50 youd get 250 coins if my maths is right......gonna be fun stacking all those coins on my desk on a lazy sunday afternoon....yes I know I'm cool
My local branch knows me well and to make it easy for them I get the large bags that come direct from the Armaguard trucks. So for $1 it is $500 worth at a hit etc... This saves them breaking into their change bags they have already broken down. Also I believe you need to be a customer of theirs, however in saying that I have got smaller orders via ANZ ie $20
My bank teller saved me one once LOL I don't get a lot of 50c usually. They are heavy and bulky just get them every now and then to keep updating the various series. I have a soft spot for 5c but they are hard on the eyes like mentioned before. From a stackers perspective I think the best bang for your buck is the 20c at the moment ?
Some positives for 20c: - wavy version - special releases - best for weight/space against face value - decent size for handling Worth noting that 5/10/20/50c coins have same legal tender - five dollars. http://www.austlii.edu.au/au/legis/cth/consol_act/ca1965120/s16.html There are some relatively rare 20c coins but were not for circulation... if any end up in circulation then consider it a bonus. http://www.decimalcoins.com
Just get to know the right people at your branch. Once they asked me if I wanted $75 in 5 cent coins that someone had brought in, otherwise they were going to have to send them in for processing. Unfortunately my back was acting up that day and I had to decline, didn't want to lug that weight around. I should have asked them to keep them for me.
Hmm, not quite sure, but looking at the information available I'd say it would only be coins from 1966 to perhaps 1970.
So yesterday I had 500 coins laid out on my desk and my dad asks "why the 20 cent coins?"... I explained the metal price angle, but also added: "Last year NAB's system glitched out and temporarily wiped out many accounts. It took weeks to fix and some people had to rely on whatever cash they had in their wallets. It's good to have some cash at home if one day it happens to multiple banks, and best that it's something with true underlying value like copper than some piece of paper with $100 written on it." And today, NAB has a failure again.
Copper price Source: Nickel price Source: Interesting idea, but I think you are better off saving them for buying silver than any melt value. At 75% copper for the cent coins and 92% copper for the dollar coins, the melt value stems largely from the value of copper. And Dr Copper is wavering at the moment, with China sitting on big stockpiles
I picked up a wavy yesterday but am unsure if it is a fake or not. What is the best way to validate if it is genuine (without getting ripped off)?
If you got it from circulation it is unlikely to be fake. If you bought it then it is probably genuine. I haven't heard of any convincing fakes about, no one is minting them though some people may try to alter the coin to make it look wavy. Sometimes dents in the coin can make them look wavy. There are plenty of large hi-res pictures on the internet. I generally scan the coin at high resolution on a flat bed scanner and then blow it up big, very easy to see the details then. There is another thing to look out for on the wavy 20 cent, not just the "2". The wave closest to the Platypus's head needs to be looked at , check the pictures here http://www.triton.vg/20-66.html Good Luck, I have my fingers crossed for you, You can always go to the Coin Shows, ANDA has one coming up in Brisbane, you can get it valued at several dealers and they will all offer yo a price for it if it is genuine and they will tell you if it isn't!
Thanks to this thread i found many 1966 and 2004 20c pieces, not that any were the right ones. But i did manage to find my 1963 Florin that i thought i lost which was the trigger that got me started in Stacking.
Thanks posters, found a millennium incised 50c in the till yesterday, would've gone out in change in the past, or to the bank.
INCUSED if you are going to advertise it on eBay! Definition of INCUSE : formed by stamping or punching in used chiefly of old coins or features of their design Origin of INCUSE Latin incusus, past participle of incudere to stamp, strike, from in- + cudere to beat more at hew First Known Use: 1818 Nice find, I have pulled 3 out of circulation so far, I haven't tried to sell them yet. It was crazy when they were first discovered but it has settled down a bit since then. Are you going to keep them or turn them into silver. I can't see the price changing much, they are as rare as they are ever going to be and the demand for them probably won't go up much. I would sell mine if I wasn't so lazy!
