Value of mint 1966 50 cent pieces?

renovator said:
...They sell like hotcakes & i cant work out why . Its just a dirty old out of circulation coin . Some things just defy logic . Like i said i dont see the logic in paying a premium for one & not paying a premium for another like a shilling, sixpence or florin... madness if you ask me .
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You don't have to understand why in order to make a profit on them!

Back when silver was $15 an ounce an UNC 50 cent was selling for around $12 on eBay. More if it was the double bar variety (and they are all double bar depending on how good the sellers eyes are).

However there are fewer people who collect rolls and most of the people who buy the 50 cents like them because they are shiney, and you can't get the same pleasure out of a roll of cardboard.
 
JamesG said:
renovator said:
hotel 46 said:
give me three 50c any day over a round. they are oneof the most saleable bits around, just like grandma's 10oz bars :)
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I know . They sell like hotcakes & i cant work out why . Its just a dirty old out of circulation coin . Some things just defy logic . Like i said i dont see the logic in paying a premium for one & not paying a premium for another like a shilling, sixpence or florin... madness if you ask me .
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Hello

i might be able to shed some light in why the 1966 50c pieces sell like hot cakes. As a dealer i cant get enough of these coins, i love them as they are by far the easiest silver coinage to move. WHY?

there is a couple of factors

1. Australian 50c pieces are the most collected out of all the circulation coins, the 1966 50c piece is one of the most recognized silver coins in Australia. Most people know there is silver in this coin.

2. they made alot of these coins, at some stage or another everyone that collects coins or silver would have owned one of these beauties.

BUT the most important factor is the liquidity of these coins. You can Sell 1 or 1000 coins. People would still buy them, its a coin that can be turned into cash asap in small amounts or larger amounts WITH NO QUESTION ABOUT THE AUTHENTICITY OF THE SILVER!!!. The government issued coinage is a great bonus.

unlike the predecimal coinage most people feel more inclined to buy 1966 50c as fractional silver then predecimals. they are a bigger coin, people like cleaning them. Also now a key factor, people who buy on ebay like shiny coins.

when cleaned you need sun glasses to look at them under a light.


hope this helps

James
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Thanks .... i already knew that I cant get a grip on old coins in general ..... Like i mentioned in my earlier posts if its not .999 im not interested

Different strokes for different folks
 
I think the 66 50's go against the trend with rolls.
They do really attract a premium in roll form.

2005 $1 UNC sell on eBay for up to $10-12 each but a roll goes for between $45ish to $70ish.

Even in McD's a roll generally does not reflect the individual prices a single coin will achieve!

There is sumptink very special about 66 50 cent rolls.

FIIK what it is!

:)
 
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