Difference between 1966 50c and PreDecimals

Discussion in 'Silver' started by hem9, Mar 16, 2011.

  1. hem9

    hem9 Active Member Silver Stacker

    Joined:
    Oct 15, 2010
    Messages:
    2,729
    Likes Received:
    0
    Trophy Points:
    36
    Location:
    Brisbane
    I was just wondering what is difference between stacking 1966 50c and PreDecimals in terms of bullion value alone as I have noticed that the 1966 50c seem to sell for a better premium than the PreDecimals. I have also noticed in these forums that 1966 50c sell for 13, that makes it 39oz in comparison with Predecimals at spot taking a much longer while to move. Is there a better way to exchange fiat for the maximum amount of bullion ounces other than the 50c and PreDecimals? Any thoughts?
     
  2. Peter

    Peter Well-Known Member

    Joined:
    Jul 28, 2009
    Messages:
    2,635
    Likes Received:
    121
    Trophy Points:
    63
    Location:
    sydney
    I'm amazed at the preference for the 50c.
    It's 80% against the pre florins 92.5%.
     
  3. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

    Joined:
    Apr 15, 2010
    Messages:
    5,008
    Likes Received:
    714
    Trophy Points:
    113
    Location:
    Melbourne
    ... They're a lot easier to identify than pre and post.

    Less knowledge. Don't need to remember or look at years.
     
  4. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

    Joined:
    Sep 1, 2010
    Messages:
    3,572
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Brisbane/Greenbank
    And you can also pass the 1966 50 Cent coin as a 20 cent piece !!!

    :D
     
  5. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

    Joined:
    Apr 15, 2010
    Messages:
    5,008
    Likes Received:
    714
    Trophy Points:
    113
    Location:
    Melbourne
    Not many people fall for that one nowadays. Apparently they still accept them at some 7-11s. :)
     
  6. Luna de Cuba

    Luna de Cuba New Member

    Joined:
    Jan 22, 2011
    Messages:
    41
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Perhaps that the 1966 50c is legal tender might explain their popularity as against pre-decimal.
     
  7. Goldmember

    Goldmember Member

    Joined:
    Dec 3, 2009
    Messages:
    750
    Likes Received:
    10
    Trophy Points:
    18
    Location:
    Planet Earth

    Checking my trusty Silver Stackers calculator....

    It shows 50c Rounds have an Actual Silver Weight of 0.3416 oz, compared to the Pre Decimal Florins ASW of 0.3364 oz....bigger coin - more silver
     
  8. Evolution

    Evolution Member

    Joined:
    Feb 23, 2011
    Messages:
    221
    Likes Received:
    3
    Trophy Points:
    18
    Location:
    Geelong, Vic
    That was my immediate thought. They're easy to recognise, there's only one year to remember and I think it's pretty much common knowledge that three of them roughly equal one ounce of pure silver.

    The predecimals have multiple years, multiple sizes/weights, differing silver contents and certain years have greater numismatic value.

    How many people do you think have as much knowledge about the predecimals as they do about the 1966 50c pieces? I certainly don't, praise be to the SS calculator!

    I guess it just comes down to the 50's being less of a hassle for most people.
     
  9. Peter

    Peter Well-Known Member

    Joined:
    Jul 28, 2009
    Messages:
    2,635
    Likes Received:
    121
    Trophy Points:
    63
    Location:
    sydney
    Pre 1946 is 92.5%.
    not really that hard.

    And its fashion.But that will change.
     
  10. Evolution

    Evolution Member

    Joined:
    Feb 23, 2011
    Messages:
    221
    Likes Received:
    3
    Trophy Points:
    18
    Location:
    Geelong, Vic
    Yeah but do you know off hand the quatities of each that make up an ounce? If you honestly do, then I'm impressed.

    I bet as the price of silver goes up though, the predecimals will become more favourable than they are currently. Silver is silver but a higher price is a motivator to look deeper into a source.
     
  11. Peter

    Peter Well-Known Member

    Joined:
    Jul 28, 2009
    Messages:
    2,635
    Likes Received:
    121
    Trophy Points:
    63
    Location:
    sydney
    Hi
    3 Pre 1946 Florins to an oz,like the 50c.
    Easy.

    Pre-3 florins,6 shillings,12 sixpences,24 threepences to an oz of silver
     
  12. Evolution

    Evolution Member

    Joined:
    Feb 23, 2011
    Messages:
    221
    Likes Received:
    3
    Trophy Points:
    18
    Location:
    Geelong, Vic
    Okay, I'm impressed. :)

    I suppose it does seem simple enough to remember, I guess it's just trying to figure the post-46s as well. Particularly in mixed lots.

    Maybe I'm just too lazy. :p
     
  13. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    11 post florins = 2oz
    22 shillings
    44 sixpence
    88 threepence etc :)
     
  14. Evolution

    Evolution Member

    Joined:
    Feb 23, 2011
    Messages:
    221
    Likes Received:
    3
    Trophy Points:
    18
    Location:
    Geelong, Vic
    Thanks, rub it in. :D


    Also, thanks. It's good info to know.
     
  15. Ridesags

    Ridesags New Member

    Joined:
    Feb 13, 2011
    Messages:
    69
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    I see you are a Max Keiser fan ? :)

    Did you get any Bidbullion rounds ?
     

Share This Page