Woolworths Possum Magic Coloured $2 Coins

Discussion in 'Numismatics' started by L4A, Aug 15, 2017.

  1. L4A

    L4A Member

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  2. alor

    alor Well-Known Member Silver Stacker

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    possum magic money
    when they will come out with carded koala magic money ?
     
  3. SilverGull

    SilverGull Member

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    On the RAM link (table) it says the mintage is unlimited. Is that usual for an issue like this?
     
  4. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Last edited: Aug 16, 2017
  5. SilverGull

    SilverGull Member

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  6. SilverTounge15

    SilverTounge15 Well-Known Member Silver Stacker

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    Guys, how do you think this series will do compared to others?
     
  7. Potato

    Potato Member

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    My guess is not much better than the paralympics series

    Main reason - they're being sold in an UNC set at not much about face value in unlimited mintage. So it's too easy for every collector & grandma to get their hands on one in pristine condition.

    I don't see any investment value in it, but hey, $15 for $10 worth of UNC coins isn't too bad!
     
  8. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    They Olympic sets were selling for about $25 down the market, and selling quite well, I think they are all gone. I would imagine the possums would do about the same. I know one stall holder who already had them for sale at $25 because he figures some people are too lazy to go to Woolworths to pick them up.

    I haven't seen a lot of adverts for them, and there isn't much in the store promoting them either. There will always be people wanting to stockpile them for future gains though and I can't imagine them ever being really rare.
     
  9. SilverTounge15

    SilverTounge15 Well-Known Member Silver Stacker

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    I can't really imagine them being rare. I think they are trying to capitalise on the popularity of $2 colour coins in a way that makes them more money which unfortunately for the collector means they will be worth less, no $2 coin will do better than the purple coronation but I think the plus with these is the kids will want them and they will see the collection of a friend and want them too so parents will buy them for the kids... Only time will tell but if they fetch more than $6 each down the track I will be surprised...
     
  10. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    The number of coloured $2 coins is going up every year, I am already sick of them, the novelty will wear off soon enough but they will milk it for as long as possible.

    I bought five sets and will be passing them on to members of the coin club who have somehow not managed to get a set but other than putting one set aside, I don't think I will be speculating on them.
     
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  11. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    The pre-packaged sets are no fun.

    Overcoming the embarrassment of admitting you're a fully grown adult who collects coins and asking the checkout lady if you can have one in your change takes a little of the dullness out of life.
     
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  12. SilverTounge15

    SilverTounge15 Well-Known Member Silver Stacker

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    haha yep
     
  13. serial

    serial Well-Known Member Silver Stacker

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    Can't see the woods for the trees. Forget the $2 coins. Look at the rest of the set
     
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  14. Killface

    Killface Well-Known Member Silver Stacker

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    Hmm is there a 1c? Legal tender or no?

    Either way, something unusual.
     
  15. serial

    serial Well-Known Member Silver Stacker

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    Whilst the 1c coin is legal tender it is mint set only so your not likely to see on in circulation unlike the $2 coin. The same applies to the $1 coins in the set, they will be where the money is
     
  16. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Even my wife likes the $1 coins.

    I have ordered some capsules for them, they are already discolouring around the rims, not sure what can be done about that but it looks a lot more pronounced than coins usually are that are just minted.
     
  17. The_Roll_ Man

    The_Roll_ Man Well-Known Member Silver Stacker

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    In my humble opinion, $1. coins are the most popular at this time.

    Especially in rolls.

    They have out-performed every $2. roll ( in a 'current value Vs. face value' sense ).

    Certain $1. rolls have performed very well.

    Eg. 2016 Change-Over, due to low mintage.
    ( lucky I have 50 complete sets of the 2016 rolls. Better performing than any precious metals I dealt with ..... )
     
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  18. The_Roll_ Man

    The_Roll_ Man Well-Known Member Silver Stacker

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    After searching the ebay listings for a week or so, it seems that Week 2 Possums are the scarce ones.

    Plenty of listings for Week 1 & 3 .... but not Week 2.

    On this, I noted one ebay seller last night, who had two sets of the three weeks issues in Armaguard rolls. All H&T.

    I secured the two sets using the 10% discount ( expire midnight last night ).

    Average per roll cost me $153. Including postage.

    I think complete $2. sets in rolls of the same wrapper, and as H&T might be worth the outlay.
     
  19. Howe

    Howe Member

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    does anyone buy security bags? If so what are they worth?
     
  20. The_Roll_ Man

    The_Roll_ Man Well-Known Member Silver Stacker

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    Unless a recognised 'scarcity', around $10. over face value ( and that's if you are lucky to have a buyer looking for that item ).

    Over-supply on ebay & dumbtree.
     

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