UNC Round 50c Available for just a bit over spot from Premium Mint

Discussion in 'Silver Coins' started by Investing for kids, Sep 15, 2020.

  1. Investing for kids

    Investing for kids Well-Known Member

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    I recently got the free silver plated medallion from the Macquerie mint, and have accidently subscribed to their newsletter via mail.

    This turned out to be a positive because a few times a month, they send me advertisements of the new released.

    I was looking at the sheet I got yesterday, and how they are charging $30 a month for a subscription to receive coloured $2 coins :p

    However, I also saw the 50c UNC subscription that they are offering a special price on.
    $15 and you get a 1970 Captin Cook and a 1966 Round 50! The spot in the 50 is just under $13, and that's just the silver! They are both in UNC cards, and the 50c cards usually retail about $10 each.

    Im seriously considering getting it! It seems that its actually a good deal for a fully UNC round 50.

    However I find that this mint tends to make things seem to good, I recently tried to get a one time issue of the 'Fabulous 15' collection, and get the one time issue of the PM Kanga in a collection case with a silver watch, but ended up getting a 20gm Kangaroo. Like seriously, the first coin is 20gm and the rest 1oz. Marketing weasels.

    Be careful, id email and ask if its silver before buying, they may very well be cupro nickel like the other 50c's.
     
  2. dollars

    dollars Active Member Silver Stacker

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    Also check to see that it isn’t the New Zealand round 1966 fifty
     
  3. Investing for kids

    Investing for kids Well-Known Member

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    Definitely Aussie.
     
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  4. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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  5. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Why do people still bother with Macquarie mint / Downies o_O
     
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  6. Investing for kids

    Investing for kids Well-Known Member

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    I don’t know really, usually very overpriced.
     
  7. Investing for kids

    Investing for kids Well-Known Member

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    if you click on the link above you can see it
     
  8. SteelHand

    SteelHand Well-Known Member Silver Stacker

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  9. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Well, it does say "You may return any release within 14 days of receipt for a full refund of the purchase price, or cancel this collection at any time."

    So technically it would seem possible to get a round fiddy + 1970 50c for $15. Just remember to cancel the subscription.

    "Yes! Please send me the ‘1970 Captain Cook 50c Coin’ and the ‘1966 Silver Round 50c Coin’ as my first pair of coins in the Australian 50 Cent Coin Collection, at the special price of only $15 (FREE postage, handling & insurance). With this purchase, I will receive the remaining releases at the rate of two coins each month for $25 (plus $12.00 P,H&I). I can return any release within 14 days of receipt to receive a full refund of the purchase price and I can cancel this service at any time."
     
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  10. SteelHand

    SteelHand Well-Known Member Silver Stacker

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    What is a subscription?
    We make it easy for you to complete any collection by signing up for our convenient and affordable Subscription Plan. This means with your regular payments, you’ll receive your next releases in reliable monthly deliveries, so you can be assured of a complete collection. And you have the freedom to pause or cancel your subscription at any time, just call us Monday-Friday between 9am-5pm and we will arrange it for you.
     
  11. jultorsk

    jultorsk Well-Known Member Silver Stacker

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  12. SteelHand

    SteelHand Well-Known Member Silver Stacker

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    I think the issues may start when you ring to cancel and get the runaround
     
  13. Investing for kids

    Investing for kids Well-Known Member

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    Actually done it myself they are really good at canceling
     
  14. Investing for kids

    Investing for kids Well-Known Member

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  15. Investing for kids

    Investing for kids Well-Known Member

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    UPDATE
    I followed up with them via email and was told that it is made of 80% silver and is NOT a restrike.
    They actually have fully uncirculated round 50's from 1966. Bargain. just remember to cancel the subscription.
     
  16. Halfgram

    Halfgram New Member

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    *Actual order of deliveries is subject to change

    IMO I'd be wary if lets say placing a 100 + order in, as instead of receiving Delivery 1 you may get Delivery 2 to Delivery 11 with the above^^^ disclaimer.
     
  17. BiGs

    BiGs Active Member

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    Then why do I see the word 'commemorative' whenever referencing to it in description? No mention of purity in description or on the packaging. Seems sus aye. The Silver in the title could be referring to the colour, or the title of the coin it's commemorating. I'd be interested in test results from one.
     
  18. Investing for kids

    Investing for kids Well-Known Member

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    Thats because the subscription is for 'commemorative 50 cent coin' and they've found it necessary to send out a round 50 because its different to the usual one. Once again, I've gotten confirmation its real so if it tests fake their in some trouble, because they are publicly misleading people.
     
  19. BiGs

    BiGs Active Member

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    Yeah, but with plausible deniability, going off the product's description. Just saying, i'd be keen for a PMV result on one of them.
     
  20. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    who cares..its a lot of trouble for a round 50 cent, why is this thread not dead yet?
     
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