Fascination/Obsession with the 50c Round. Why?

Cind3r

Cind3r

Active Member
Silver Stacker
I cant think of how to explain it but i have this obsession with the aussie 50c round.
I should see a doctor about it but i thought i would ask here first.

Do you have an fascination or obsession with the 50c round over other types of bullion? Why?

I cant put my finger on it. Is it the size? shape? uniqueness? liquidity? fame? or its it cause its aussie?

Is there anyone outside of Australia that stacks these?
 
Its a good size to stack for bartering at about 1/3 oz,

It is a coin, not just a round

They are a resilient little thing

There are enough out there where you can stack them semi easily, but not as willy nilly as you like, almost in the "sweet spot" to a collector.
 
It does seem odd. Maybe its the most common Aust junk silver coin? Prolific therefore recognizable. You see better grade sterling coins, like state coins, going for a very poor premium and bidding is slow. I'd rather have a 92.5% coin than an 80% one - unless the market sentiment goes the other way. The 1966 50c coins were the first coins I bought (after first having bought some kilo bars). They were the ones I first heard about and then saw for sale on ebay.
 
Newspaper articles from 1980 during the massive silver spike talk about refineries being so back logged they stopped accepting new material and so dealers stopped buying anything but pure

In the meantime, 50c and predec work fine as bullion as long as you buy at a price knowing the sort of price you will get when you sell

One benefit of old coins is less likely to get fakes
 
Ive asked this question myself as a new stacker.
Ive passed them by many times, but am beginning to recognise them as good for trade/barter.
 
1) Highly recognisable coin (globally)
2) very little circulation so usually found in very good condition
3) Roughly 1/3 of an OZ
4) Australian
5) Stackable
6)Shyteloads of them so everyone can have a reasonable chance of stacking them
7) just the vibe of it
 
Nope not obsessed with them and don't go out of my way to purchase them. The ones in my stack i have only because either they were part of a trade or i have got them cheap from a source in the bank.
 
The 50c round were actually my first silver purchase. I paid top dollar on ebay for 100 of them. I think they cost about $3.80 each!

At the time I was thinking there's no capital gain on these coins because they cost less than $500 each, and they're collectable. Not sure if that is correct.
 
I must admit, I like them as well.

For me, its mainly because of the Coat of arms design. I've always liked that design and looks better on a round coin than on the current shaped one. I love the fact that it was pulled from circulation becasue the silver content was too high!! I like the year as well - 1966...

So for me I like em because of the cool design and the history.. Being silver and tradeable is a bonus as well..
 
the only reason I buy them is because so many stackers want them, hence the premium.

easiest thing to sell when it's time to switch to gold.

always go with the market.
 
I like the 50's because you can treat em rough and her them jingle in the bag
 
Personally, I prefer the Dodecahedral version... if only because I like saying "Dodecahedral".

One of the largest still circulating coins and absolutely stunning in gold/bullion/guilded anniversary issues.

179_fiddy1.jpg
vs
179_round50centcoins-f300.gif
 
that is a spectacular specimens.

i am starting to see why i like it so much. minimal counterfit ability gives good peace of mind, the design is great, every one knows what it is and 3 of them is an ounce.... barter away!!!
 
No, No... the dodecahedral versions aren't 80% silver!!! I just like the design more.

Only the bullion issue ones are worth the coin (cringe)

They make comemorative .999 fine Gold and Silver bullion limited editions of these modern coins that are valuable... the regular ones aren't worth more than their face value.

Steve (Aurora Et Luna) recently sold a gold bullion version for $2000

179_fiddy2.jpg

http://forums.silverstackers.com/topic-35285-today-s-specials-page-3.html
 
Not one person hit upon the real reason to stack them. If you come to the Sydney Stackers meeting this Sunday, I'll reveal all.
 
You must log in or register to reply here.
Back
Top