Help buying Australian Sovereigns

silverdude said:
Not sure if allowed, admins can delete if inappropriate, but this is an overview of some sovereigns (Australian and UK) and 20 Francs I have for sale. Quality ranges from F/VF to aUNC. PM me if you are interested. I am in Canberra and prefer F2F.

http://imgur.com/a/jeugkDh

Silverdude
Click to expand...

You might want to head over to the Trading Floor if you want to sell items on this forum

https://www.silverstackers.com/forums/index.php?forums/australia-new-zealand-public.30/
 
tigger2 said:
Others here have also recorded $200 underweight. Just with simple SG test when I calibrate with fine gold and silver and adjust for room temp a 1983 koala comes in a gram light at 16.5.
Click to expand...

I don't think the coin you're discussing is the coin we're discussing.

Just to clear this up:

$200 AUSTRALIAN GOLD COINS
10G
22CRT

This is a limited release legal tender coin produced by the Royal Canberra Mint with a face value of $200.

It contains 10grams of 22ct gold which is 91.67% pure gold, so 0.2948 ounces of .9999 pure gold.
​
And Ainsley are currently pricing them at $737.78 each.
 
Last edited:
JulieW said:
I don't think the coin you're discussing is the coin we're discussing.

Just to clear this up:

$200 AUSTRALIAN GOLD COINS
10G
22CRT

This is a limited release legal tender coin produced by the Royal Canberra Mint with a face value of $200.

It contains 10grams of 22ct gold which is 91.67% pure gold, so 0.2948 ounces of .9999 pure gold.
​
And Ainsley are currently pricing them at $737.78 each.
Click to expand...
The prices at most dealers have been ridiculously high since the ATO tagged Perth Bullion for not selling with GST. Everyone except a few now sell with GST. I hope everyone sees the stupidity of that. $200 coins are legal tender. They're charging GST on money.
 
66rounds said:
An art auctioneer that doesn't understand numismatics? Wtf?
Click to expand...

Artificial scarcity in the form of mintage and gradings is (almost) unique to coins. The grading system is totally unique and totally backfired showing supposedly rare coins were anything but (see below). Now you've got a grading system for the grading system, which is still going to be useless since there are not codified standards just precedents. Not very many markets with market power so highly concentrated in a few hands.

Quality sovereign cost is about onethird of 1985. Same coins 35 years later. On the upside, buying in US numi gold was SO much worse. Buying a VL Commodore was a better investment.
 
tigger2 said:
Quality sovereign cost is about onethird of 1985. Same coins 35 years later. On the upside, buying in US numi gold was SO much worse. Buying a VL Commodore was a better investment.
Click to expand...

So a VL Commodore is worth more than its weight in gold?
 
so tigger is selectively trying to rubbish all numis by claiming that "Buying a VL Commodore was a better investment"
so either he has been burnt by investing in the numis market with his obviously limited knowledge or he is trying to shake up weak hands because he obvious dislike of the market and over simplification of it is again an indication of a person who is either inept with regards to numis or being deceptive
 
You must log in or register to reply here.
Back
Top