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THE NEW COIN CLUB

#Post
2351

I took an initial 5% hit just before going to Fiji two weeks ago when switching a large holding of gold to silver (Ratio at the switch was nearly 68 to 1 ) Currently sitting at 58.35 to 1, so seems to have been good timing to date. Both have moved upwards but silver has jumped nearly 20% against gold in that same timeframe. Go Silver.

gammoner - 2013-08-27 22:15:00
2352
lester36 wrote:

Both on the RISE. Yep looks OK

You must be long overdue for a win Lindsay as see you are going for the double tonight. Good luck in your bidding. Alan

gammoner - 2013-08-27 22:28:00
2353

Welcome to the Coin Club. We are an assortment of newbies, amateurs and experts with questions and answers for newbies, amateurs and experts in coin collecting, also known as numismatics. Whether you are just getting started, have been collecting for years or have simply found some old coins about the place that you’d like to sell, this is the place to ask your questions.

No one has all the answers, and you may get five differing answers to the
same question, yet each may be right in a manner of speaking, especially if opinions are involved. Opinions often vary. If you receive no answer to your query within 48 hours, please ask again.

echoriath - 2013-08-27 22:46:00
2354

$1767 and $29 according to this morning's paper at Bloomberg rates - or have they fallen again overnight?

translateltd - 2013-08-28 08:33:00
2355
translateltd wrote:

$1767 and $29 according to this morning's paper at Bloomberg rates - or have they fallen again overnight?[/quote

Current prices midway fix, Gold US$1415.80 oz, Silver US$24.55 oz, to the NZ$0.7797.
Gold =NZ$ 1815.82 oz
Silver =NZ$ 31.48 oz
Ratio now 57.77 to 1
Go Silver

gammoner - 2013-08-28 08:55:00
2356

A few more postings on the coin club thread and we will be approaching the 2 to 1 ratio with the stamp club lol.

gammoner - 2013-08-28 08:57:00
2357

I'm a day behind since I just take the London price out of the morning's rag!

translateltd - 2013-08-28 09:58:00
2358
gammoner wrote:

You must be long overdue for a win Lindsay as see you are going for the double tonight. Good luck in your bidding. Alan


Left an absentee and you guessed it DIPPED out but hay! never mind

lester36 - 2013-08-28 17:31:00
2359

Hi Martin, have a look at this auction [632138329] its looks like two coins
put together... i could be wrong ?? very hard to see the rim..not a good photo.

chefman1 - 2013-08-28 18:25:00
2360
lester36 wrote:


Left an absentee and you guessed it DIPPED out but hay! never mind


out bid again...i was watching the auction last nite...never mind..lol

chefman1 - 2013-08-28 18:27:00
2361
chefman1 wrote:

Hi Martin, have a look at this auction [632138329] its looks like two coins
put together... i could be wrong ?? very hard to see the rim..not a good photo.

Not sure how you could concoct this one, as the second "half" would have to be brockage itself. I see what you mean about what looks like a seam on the edge, but that could be a collar mark - maybe the stuck coin causing the brockage would cause the blank to sit too high while being struck, and thus be partly out of the collar?

translateltd - 2013-08-28 18:37:00
2362

So one pressed coin was still sitting on the reverse side of the die when a blank planchet went in to be pressed? The blank got the direct obverse side pressed onto it, and, on its "reverse", the incuse obverse design from the previously pressed coin?

echoriath - 2013-08-28 18:44:00
2363

thanxs martin...the photo of the edge of the coin looks good to me now...nice little error coin ..i think.

chefman1 - 2013-08-28 18:57:00
2364

Current updated prices at 11pm
Gold NZ$1835.84 oz
Silver NZ$ 31.87 oz
Ratio of 57.60 to 1
Go Silver

gammoner - 2013-08-28 23:04:00
2365
echoriath wrote:

So one pressed coin was still sitting on the reverse side of the die when a blank planchet went in to be pressed? The blank got the direct obverse side pressed onto it, and, on its "reverse", the incuse obverse design from the previously pressed coin?

In a nutshell, or indeed a coin press :-)

translateltd - 2013-08-28 23:19:00
2366

Current prices as at 10-30pm
Gold NZ$1813 oz
Silver NZ$30.86 oz
Ratio of 58.75 to 1
Go Gold

gammoner - 2013-08-29 22:28:00
2367

Anybody sitting on scrap .925 coinage and looking to list. Would be interested in aprox 10 to 20kg at present. Alan

gammoner - 2013-08-29 22:35:00
2368

Can someone please tell me whether the One Dollar coin in the 1974 NZ Proof Coin Set issued by NZ Treasury is Silver or Cupro-Nickel. In the Description of Designs in the presentation wallet, it says cupro-nickel but then it has been crossed out. So I'm not sure?

ruie - 2013-08-30 16:17:00
2369

Hi ruie, the 1974 uncirculated set of coins are all copper/nickel,if you have the 1974 proof set of coins the 1974 $1.00 coin is silver = 92.5% silver content in it,it come in a hard pastic case,the presentation wallet is the 1974 uncirculated coin set by treasury,hope that helps you out,cheers peter

chefman1 - 2013-08-30 16:26:00
2370

That's right - if it's a proof set (hard plastic case) it's sterling silver; if it's an uncirculated set (soft plastic pack) it will be cupro-nickel. I can't recall if the 1974 proof sets were originally issued in wallets or not - has someone put it in a 1975 wallet and changed the date and metal content details on the card, perhaps?

translateltd - 2013-08-30 17:48:00
2371

Hi guys ... thanks for that. I've uploaded a pic just to clarify what I have ... the set is housed in a hard plastic sealed case & then slipped into a soft plastic wallet. You might be able to see in the text that the cupro-nickel has been crossed out.
http://images.trademe.co.nz/photoserver/full/281794416.jpg

I am sorting through my husband's coin collection from some years ago as he has decided he no longer wants to keep them. He was never a serious collector & knows very little about them so I appreciate your help.

ruie - 2013-08-30 18:34:00
2372

its a proof set of coins with the silver $1.00 coin

chefman1 - 2013-08-30 18:44:00
2373

I can't recall if the 1974 proof sets were originally issued in wallets or not

yes they did come in there originally issued wallets..i have one..some were.

chefman1 - 2013-08-30 18:47:00
2374

[quote=chefman1
yes they did come in there originally issued wallets..i have one..some were.[/quote]

How bizarre that they got the composition wrong on the label - they must have carried it over from the 1973 set, perhaps. Peter - can you check yours to see if it says cupro-nickel on the label too pse?

translateltd - 2013-08-30 21:44:00
2375

Bumping for spring.

chrisr5 - 2013-09-01 16:56:00
2376

Bump for the Coins and metals

gammoner - 2013-09-01 17:09:00
2377

Still looking to find 10 to 20kg of .925 scrap coinage. Anybody got an old boxful in the attic anywhere or part thereof to be listed

gammoner - 2013-09-01 17:11:00
2378
gammoner wrote:

Still looking to find 10 to 20kg of .925 scrap coinage. Anybody got an old boxful in the attic anywhere or part thereof to be listed

Will have to dig around in the suitcases when I get a break from work, you never know!

bizarre67 - 2013-09-03 20:08:00
2379

What did chefman1 do wrong ??

funho1 - 2013-09-03 20:13:00
2380

Hmmm, dunno. He will be missed. Hope he returns sooner rather than later.

echoriath - 2013-09-03 20:52:00
2381
funho1 wrote:

What did chefman1 do wrong ??

I don't get why all of his msgs have disappeared at all. Certainly nothing offensive in any of them.

translateltd - 2013-09-03 21:53:00
2382
translateltd wrote:

I don't get why all of his msgs have disappeared at all. Certainly nothing offensive in any of them.

There were some disputes in threads in General. Rather convoluted but all or most deleted.

chrisr5 - 2013-09-04 08:03:00
2383

Wish the powers to be would contact me lol. Am into the 19th hour of waiting to see when I get a response reporting fraud and shell bidding. Managed to alert winning bidder to pull out of sale but no thanks to Trademe.Have reported two of the auctions and asking TM to contact me on my mobile as am in Wgtn at present. Have also placed a thread in general discussion last night but still nothing. Not sure where their priorities are placed?

gammoner - 2013-09-04 13:02:00
2384

Back on the road, gold ,silver and coins to collect.

gammoner - 2013-09-04 13:04:00
2385

Careful, Alan, you may get into trouble for "sabotaging" the seller's auction! That seems to be the default response to third-party intervention, even with the best intentions.

translateltd - 2013-09-04 13:28:00
2386
translateltd wrote:

I don't get why all of his msgs have disappeared at all. Certainly nothing offensive in any of them.

Yeah, to add to chris's point, if one is banned from the boards, all of the banned poster's posts disappear unless/until s/he returns.

echoriath - 2013-09-04 15:13:00
2387

This message was deleted.

anna95 - 2013-09-04 19:20:00
2388

Sovereign gold content is .2354 troy oz. so it can be calculated from there based on daily rates. Probably not much of a premium unless uncirculated.

translateltd - 2013-09-04 20:40:00
2389
gammoner wrote:

Back on the road, gold ,silver and coins to collect.

If you're still keen, and I can get myself together, I may have some fairly scrappy US silver to list soon.

echoriath - 2013-09-05 10:05:00
2390
echoriath wrote:

If you're still keen, and I can get myself together, I may have some fairly scrappy US silver to list soon.


Yes, still keen
Now 52 hours and counting, nice to know TM is looking after all the good folks out there. Yeah Right

gammoner - 2013-09-05 22:13:00
2391

Update, just checked emails and there is a response from TM , (48 hours later ). Will keep you posted

gammoner - 2013-09-05 22:51:00
2392

Ok, things are starting to happen,just had a phone call from TM. yipeeeee.

gammoner - 2013-09-06 09:51:00
2393

Hey guys can anyone tell me a bit more about this?

http://images.trademe.co.nz/photoserver/full/282691751.jpg
http://images.trademe.co.nz/photoserver/full/282691963.jpg

Thanks Ta

cashintheattic - 2013-09-06 12:33:00
2394
cashintheattic wrote:

Hey guys can anyone tell me a bit more about this?

Thanks Ta

It's a medal made by the Franklin Mint and designed by James Berry, who did our first decimal coins. Catalogue reference MacMaster 1969/6. Several different metal compositions known.

translateltd - 2013-09-06 14:05:00
2395

how do I tell what composition it is?

cashintheattic - 2013-09-06 14:17:00
2396

It does have some hall markings on the rim of the coin...

cashintheattic - 2013-09-06 14:49:00
2397
cashintheattic wrote:

It does have some hall markings on the rim of the coin...

They're apparently all marked with the Franklin Mint symbol on the rim, so it's no indication of metal content. There are proof and specimen-quality examples in "nickel silver" (which doesn't actually contain any silver), and also silver, bronze and gold. Distinguishing the silver from the "nickel silver" is down to an experienced eye - not really easy to describe. Look at some higher-grade 1933-46 NZ silver coins against the 1947-2006 cupro-nickel ones (or proof silver dollars 1977-90 against their uncirculated counterparts) for differences in colour/texture, as a very rough guide :-)

translateltd - 2013-09-06 15:00:00
2398

http://images.trademe.co.nz/photoserver/full/282714229.jpg
Bugger so that picture doesnt do anything lol....What about weight? What should the Silver one weigh?

cashintheattic - 2013-09-06 15:21:00
2399

I don't have any weight specs, unfortunately. They're likely the same. Check on-line to see if you can find any known silver examples with weight stated (e.g. Noble Numismatics auctions).

translateltd - 2013-09-06 16:25:00
2400

If you have a big enough rare earth magnet - about 2x2cm and around 'N40' strength then you can tell silver from Cu/Ni. Anything over about 40% silver will 'twitch' when you move such a magnet over it but it will not affect Cu/Ni.

Of course you need such a magnet.....

chrisr5 - 2013-09-06 20:28:00
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