It’s Great to Find Old Friends!


There was a coin show in our home town of Adelaide recently and we were lucky enough to find two old friends while we were there. By friends we mean coins of course. The first was a slightly crusty dark toned 1928 shilling. It’s slightly upset and there’s a tell-tale spur sticking out of the back of one of the emu’s legs. You can see an image of the coin below. It’s a contemporary counterfeit made from good silver, probably minted in China (in the city of Swatow) and they were first discovered in Sydney in the early 1930’s. You can read the full story of these interesting 1928 forgeries here.

Australia 1928 Counterfeit Shilling

Australia 1928 Counterfeit Shilling

The second friend we found at the coin show was an innocuous 1943M threepence in a decent Almost-Uncirculated grade, good lustre and a slightly odd looking obverse.

Double Die Obverse 1943M Threepence

Double Die Obverse 1943M Threepence

Look at the legends of the coin, there’s clear doubling all the way around the coin. And it’s not a bit of insignificant machine doubling but rather much more prominent and interesting hub doubling. The double die obverse 1943M threepence is a recently discovered pre-decimal variety we wrote about in the Australasian Coin and Banknote Magazine last year. You can read the full article here.

There you have it, two old friends found. It’s always fun to look out for varieties when you get the chance to attend a coin show or visit a coin dealer’s shop. They might not be particularly valuable but that thrill you’ll get when you find one more than makes up for it!

Posted in Coin News, Error Coins

Error Spotlight – Rotated Double Strike 1964 Half Penny


Rotated Double Strike  Error - 1964Y  Half Penny

Rotated Double Strike Error – 1964Y Half Penny

Above you can see a very interesting coin error, a double struck half penny of Queen Elizabeth II. This double strike is a bit different in that both strikes occurred while the coin was completely retained within the collar die of the coin press. In addition, the coin itself rotated between strikes leading to the precise classification of the error as a rotated double strike error. This is distinct from the more often seen double strike where the coin has moved laterally between strikes and one (or more) of the subsequent strikes are out of collar.

How do we know the coin rotated between strikes?

A characteristic of multiple struck coin errors we’ve seen is that the second (and subsequent) strikes obscure the evidence of the earlier strikes but almost never obliterate the evidence completely. If a coin moved laterally between strikes then the evidence of the two strikes is obvious. However, if a coin simply rotates the evidence can be harder to spot, especially if the degree of rotation is small. Fortunately in the case of this coin the rotation is about 45 degrees and the evidence of the two strikes is quite clear. We’ve decided to pick two obvious features that show the two strikes, but there are many more on this coin which is what makes it as interesting as it is.

1964-rotated-double-strike-detail-2

Two Queen Faces

Above you can see the portrait area of the obverse. The face of Her Majesty from the second strike is oriented correctly and is quite obvious. The portrait rendered by the first strike is visible and rotated about 45 degrees counter clockwise with the chin from the first strike apparent immediately behind the eye of the second strike. Move your gaze up and to the left of the chin and you can easily see a nose in the wreath and then a forehead in the hair above the wreath.

First strike HALF (left), second strike HALF (right)

First strike HALF (left), second strike HALF (right)

Often the most easily spotted evidence of a multiple struck coin is in the legends. This coin shows such evidence around the legends on both sides. Rather than look at all of them we’ve picked the HALF from the reverse which you can see above. On the left of the image you can see the HALF from the original strike. It is flattened but the outline is quite obvious. On the right of the image you can see the HALF of the second strike. You’ll note that the lettering has various raised areas that correspond with the remnants of the underlying PENNY from the original strike. These raised areas are very typical of rotated multiple struck coins and often result in a bumpy and spidery appearance of the legends.

Can we date the coin more accurately?

The last two digits in the date of this coin are completely absent and it appears at first glance that dating the coin is not possible. However, if we focus on the date remnants from the original coin strike then we can actually date the coin.

1964-rotated-double-strike-detail-3

Identification of Date. First strike date (TOP), Highlighting date (MIDDLE), normal 1964Y date (BOTTOM)

The image above shows a close up of the date area from the original strike of the coin. If you look closely (and perhaps squint and stand on one leg) you can probably see the remnants of a 1 and 9 on the left, so the coin was struck in the 20th century…..well of course it was we didn’t need to see the numerals to know that! More interestingly if you look to the right of the remnants of the 9 you can just make out the faint remains of two more numerals. We’ve highlighted the relevant parts in red in the middle of the image. Comparing them with the date area of a normal 1964Y half penny it’s clear that our double struck coin is a 1964 dated coin.

How do Rotated Double Strikes occur?

There are two theories as to how rotated double strikes occur.

  1. The coin is struck as normal and when the dies retract the coin fails to eject correctly but actually moves slightly and then falls back into the collar die, the press cycles again and the coin is struck a second time. The movement the coin experiences as it fails to eject correctly causes it to rotate slightly.
  2. A coin is struck normally and ejected from the press normally. Somehow it ends up dropping out of the normal manufacturing process, perhaps falling off of a conveyor, or being dropped on the ground when being transferred to a storage container. When mint workers are cleaning up their workspace they sweep up the coin and it is carelessly placed back into a coin blank hopper or drum and the coin is put through the manufacturing process again where it is struck a second time.

Personally we lean toward the second theory. A very similar method is thought to be behind wrong or foreign planchet errors, basically the wrong planchets end up contaminating the blank supply for some other coin. If it can happen for blanks then it’s quite feasible for it to happen with already struck coins.

Conclusions

Rotated double strikes are much rarer in the Australian coin series than the more often seen double strikes were the coin moves laterally between strikes. It is helpful to understand the characteristics of rotated double strike coins as we’ve pointed out in this blog post so that you, the collector, can correctly identify a rotated double struck error. It’s also useful to be able to examine such errors minutely to date them as we’ve demonstrated here.

Posted in Error Coins

Convict Love Token Exhibition in Ballarat


The Museum of Australian Democracy at Eureka (M.A.D.E.) in Ballarat currently has on display a 45 piece collection of convict love tokens that date from 1791-1843. Until 22 Jan the display features these rare keepsakes given to loved ones before the convicts left for the new colony in Australia. This is possibly the largest private collection of these tokens in the world and is well worth the visit.

The exhibition is called “Leaden Hearts” which is the name given to the tokens by the convicts and their guards. The tokens are made from smoothed down coins inscribed with text, a design and/or heartfelt messages. Often this message is a name and forget-me-not which speaks for itself. These were most commonly large copper British cartwheel pennies from 1797. They were intended to be kept in pockets or a safe place close to the heart as a reminder of their far-away lost love or family member. These rare tokens are on loan from the Peter Lane collection.

Some of the Tokens on Display

Some of the Tokens on Display

Peter Lane and His Prized Collection on Display at M.A.D.E

Peter Lane and His Prized Collection on Display at M.A.D.E

Posted in Coin News, Collectables and Ephemera

New Issues Are Keeping Coin Collectors Very Busy

Coin and banknote collectors have been manic for the new design next generation $5 notes. First and Last prefix 2015 notes of the old design have also surfaced when we all thought 2013 might be the last year of issue. It’s not just crazy in the banknote collecting world there are more new coins on the horizon too.

The Royal Australian Mint (RAM) has been slow sending out orders of late and customers have been getting surprise goodies as an apology for slow delivery in their packages when they do arrive. Selling the 50th anniversary of decimal currency commemorative circulation coins has been both a win and a pain for the RAM with many orders placed owing to the “one bag per order” rule which has been tireless and frustrating for collectors.The 160 years of Holden Heritage commemorative coins have been another hugely popular issue with the special non-coloured bonus coin a massive win with sale prices for this set booming. The Queen’s 90th birthday made to order 3 coin set had collectors smiling earlier this year when a mintage of 9,108 was announced. That smile quickly turned sour when each of these coins turned up in an Australia Post PNC and more recently a prestige 3 coin PNC making the mintage for these coins much higher than anticipated.

2016 Queen Elizabeth II 90th Birthday Prestige 3 Coin (90 cents) PNC

2016 Queen Elizabeth II 90th Birthday Prestige 3 Coin (90 cents) PNC


Looking ahead the most recent currency determination tells us what is likely coming our way soon and for the new year. We’re looking forward to a number of coins depicting military awards. 20 cent denominations will feature the Star of Gallantry, Distinguished Service Cross, Nursing Service Cross, Military Cross, Distinguished Service Medal, Victory Medal, 1939-1945 Star Military Award, Australian Active Service Medal, OSM Australian Operational Service Medal -Greater Middle East Operation Military Award and Australian Defence Medal.

25 cent coins, the first Australian coins struck in magnetic copper plated steel will feature the Victoria Cross, George Cross, Distinguished Flying Cross and Medal for Gallantry. Of course we may be wrong about these coins being magnetic because the RAM annual report for 2015-16 suggests that our newest circulating coins in copper-nickel have been made in nickel plated steel which, if correct is of massive importance to the tiny population who care! It’s likely that’s just a very awkward typo for the Mint. (Now who’s gone to get a magnet and are checking the new coins in their wallet?)

We’ll soon be seeing the release of next years coin sets and we’re perhaps looking at the 2017 mint set coins featuring each of the planets of the solar system including the 1 cent and 2 cent -now that sounds cool!

2017 marks the centenary of the completion of the Trans-Australian rail line linking Western Australia to the eastern states. This 1693 kilometre stretch of rail line was completed on October 17th 1917. It took 2.5 million hardwood sleepers and 140,000 tonnes of rail line to complete and is a fitting theme for the mintmark commemorative dollar for 2017. The coin is designed by Tony Dean and will feature the various mintmarks, counterstamps (including an Australia counterstamp) and privymarks produced throughout the year as well as the gallery press at the Mint in Canberra.

For all the crystal ball gazing it won’t be long before it’s Remembrance Day and the Mint looks to be issuing another coloured commemorative $2 coin in the Lest We Forget theme. This time similar to the Paralympic coin in that it will be multi-coloured yellow, green, blue and indigo. We can’t wait!

Posted in Coin News

2016 New Five Dollar Note Value

Most of you are probably aware that a couple of months ago the 2016 Next Generation $5 Banknote was released. They are starting to appear in change and we’ve started getting questions from readers that mostly go something along the lines of:

I got one of the new $5 notes in my change today and I wanted to know what it’s worth?

2016 New Generation 5 Dollar Note Front

2016 New Generation 5 Dollar Note Front

So what are they worth? Well, that depends largely on the serial number, whether it’s a First Prefix (AA16), Last Prefix (EJ16), common prefix (all other prefixes), or a special serial number. If you’re wondering what the serial number is, it’s the 9 digit number with two leading characters that can be found on the left side of the back of the new five dollar note. The two letters are known as the PREFIX and the two numbers immediately after the letters are the year of issue, that is 16 for 2016. The next 7 digits are the serial number. Each note has a unique combination of prefix, year of issue and serial number. Collectors of bank notes like to collect banknotes by serial number, with numbers of interest being the so called FIRST PREFIX (starting with the letters AA) and the LAST PREFIX. The letters for the last prefix generally vary from year to year and denomination to denomination but for the new $5 note the last prefix is EJ.

2016 New generation 5 Dollar Note Back AA First Prefix

2016 New Generation 5 Dollar Note Back – Serial Number on Left

First Prefix AA16 New Five Dollar Note Value

First prefix AA16 five dollar notes are worth a decent premium above face value. At the time of publishing of this article (November 2016) recent sold results on eBay show AA16 $5 notes selling for anywhere from $25 for a single note down to $12-$15 for notes with consecutive serial numbers in groups of 2 to 200. Based on those results we’d happily value a First Prefix 2016 $5 note at $15-$20. Not a bad return on investment if you can get them for face value.

Last Prefix EJ16 New Five Dollar Note Value

At the time of publishing of this article (November 2016) EJ16 last prefix notes show a similar story to the first prefix notes. Sold results on eBay show sold prices ranging from $15 to $25 with the majority toward the bottom end of that range. Based on those results we’d value a Last Prefix 2016 $5 note at $15-$20. Again, pretty good if you can pick up a bundle for face value at your local bank.

General Prefix New Five Dollar Note Value

Common or general prefix notes (those that are not first or last prefix) are much more common, with bulk of the 170 million of the new $5 notes being general prefix notes. A quick glance at sold results on eBay indicates that the normal prefix notes are worth little to nothing above face value with prices realised ranging from $5 to $7 per note. Prices low enough that you must wonder why sellers are bothering, after Paypal and eBay have taken their cut of the sale there must be very little (or no) profit left. Based on that we’d value a general prefix note in nice UNC condition at $5-$6.

Special Serial Numbers

There are times where common prefix notes are worth more than face, and that’s in the case of special serial numbers. It’s beyond the scope of this article to go into what different types of special serial numbers there are but the rule of thumb is that the more digits of the serial make up the special pattern the more the note is worth. For example, a 7 digit solid serial common prefix (for example AB16 555 5555) is going to be worth a lot more than a semi-solid serial (for example AB16 555 5512). Similar things can be said of other special serials such as repeaters, radars, and ladders. The exact values are hard to determine and you’d be best consulting with a specialised banknote dealer or collector when placing a value on such bank notes.

Posted in Banknotes, Investing in Coins

Next Generation 2016 5 Dollar Banknote Features

2016 New Generation 5 Dollar Note Front

2016 New Generation 5 Dollar Note Front

2016 New Generation 5 Dollar Note Back

2016 New Generation 5 Dollar Note Back

170 million next generation polymer $5 banknotes notes were introduced into circulation by the Reserve Bank of Australia from September 1st 2016. The serial numbers ranged from AA to EJ with AA the first prefix, EJ the last prefix and everything in between a general prefix serial number. This was enough notes to replace every old $5 currently in circulation! Businesses have needed to upgrade or recalibrate counting equipment to accept the new note and for the foreseeable future both notes will co-mingle.

The release of the Next Generation $5 denomination is a result of 10 years of research in a project to upgrade the security of Australia’s banknotes. The cost of the research, development and public awareness of the upgrade (of all denominations) is set to cost taxpayers $37 million over the next 12 years. The next denomination, the $10 will roll out in late 2017 followed by the $50 and the remaining denominations after that. All of Australia’s banknotes are printed by a subsidiary of Australia’s Reserve Bank Note Printing Australia in Craigieburn Victoria. They also print banknotes for other countries, passports and identity documents.

The new generation five dollar is the first in the new series and to commemorate the new issue the Reserve Bank of Australia has produced 2 different brightly coloured purple folders for collectors.

“Next Generation of $5″ commemorative folder with one new banknote, issue price $10.95
“Two Generations of $5″ commemorative folder with one old and one new banknote, issue price $19.50

Mintage: 170 million issued
Date: 1/9/2016
Serial Numbers: AA to EJ
First Prefix: AA 16
Last Prefix: EJ 16
General Prefix: AB-EI 16
Signatures: Stevens/Fraser
Material: Polymer Substrate (Polypropylene or PP)
Denomination: $5
Size: 65 mm x 130 mm

The New Design
The new design keeps the same colour palette as the old note but adds brightness which keeps the new notes similar enough to the old to be easily recognised as an Australian five dollar note.
The large number 5’s and printing of AUSTRALIA and FIVE DOLLARS in black are printed in intaglio which gives the letters and numbers a raised feel. Prickly Moses Wattle (Acacia verticillata subsp. ovoidea) is featured on the new note, a different species of wattle to that on the old note. The Eastern Spinebill (Acanthorhynchus tenuirostris) is the native bird that adorns the new note.

An updated portrait of Queen Elizabeth II is derived from an original source photograph commissioned by the Reserve Bank in 1984 and was approved by Her Majesty. Thanks to advances in technology the new portrait more closely resembles the original source photograph. Parliament House in Canberra with it’s forecourt mosaic is again featured and on the new note the design has much more detail and depth. This mosaic artwork is a unique feature of Parliament House and is based on the painting ‘Possum and Wallaby Dreaming’ (1985) by Michael Nelson Jagamara which describes a gathering of a large group of people.

The new note features a raised ‘tactile’ area that assists the vision-impaired community. This embossed tactile feature is a single raised bump on each long edge of the banknote to assist those that are vision impaired differentiate all the banknote denominations.

Enhanced Sophisticated Security Features
The top to bottom clear window houses some of the three-dimensional security features such as the Federation Star, the Federation Pavilion and the flying bird. Interestingly, in production the banknote starts as a clear sheet of plastic so this clear window is just an ink-free section. The Reserve Banks says this is the first banknote in the world to feature this type of window. The Federation Star appears in the top to bottom clear window in three dimensions with a coloured border. It also appears behind Queen Elizabeth II set within a clear window in the bottom corner of the note. This small window is technically a Prickly Moses wattle bud. The embossed star is produced during the intaglio printing process, run your finger over it and it’s texture can be felt.

At the bottom of the large clear window is the Federation Pavilion which is located in Centennial Park in Sydney and was the site of the official ceremony marking the proclamation of the Commonwealth of Australia on January 1st 1901. Inside the Federation Pavilion on the new note is the number 5 that appears both forwards, backwards and disappears when the note is tilted. This is called the reversing 5. The flying bird is the Eastern Spinebill and can be seen in the clear window below the Federation star. Tilt the banknote and the bird appears in different poses simulating flight.

2016 $5 Top to Bottom Clear Window

2016 $5 Top to Bottom Clear Window

Microprint is tiny, tiny writing found in multiple locations on the new note. In the top to bottom clear window you can find excerpts of the Australian constitution. What appears to be a branch in that window is actually microtext that says:
THE LEGISLATIVE POWER OF THE COMMONWEALTH SHALL BE VESTED IN A FEDERAL PARLIAMENT WHICH SHALL CONSIST OF THE QUEEN, A SENATE, AND A HOUSE OF REPRESENTATIVES, AND WHICH IS HEREIN AFTER CALLED “THE PARLIAMENT“, OR “THE PARLIAMENT OF THE COMMONWEALTH“. And “FIVE DOLLARS” repeated. This text also appears in front of Parliament House. To the left of Parliament House in the wall the microtext can be read more easily:
THE SEAT OF GOVERNMENT OF THE COMMONWEALTH SHALL BE DETERMINED BY THE PARLIAMENT, AND SHALL BE WITHIN TERRITORY WHICH SHALL HAVE BEEN GRANTED TO OR ACQUIRED BY THE COMMONWEALTH AND SHALL BE VESTED IN AND BELONG TO THE COMMONWEALTH“. Microprint can also be found behind the signatures within the coloured background. Background printing on the note is extremely finely detailed and is multi-directional. This is just one of the features aimed at deterring counterfeiters.

2016 $5 Microprinting

2016 $5 Microprinting

Behind the signatures on the note, a hidden bird will appear and a year of print running parallel to the flagpole on Parliament House will fluoresce under UV light, another security feature of the new banknote. The serial number will also fluoresce under this light. Below the single serial number on the note is a series of orange circles hiding the Eurion constellation. This is a pattern of symbols that can be detected by software in a printer or photocopier that will prevent the machine from copying the banknote -another feature to deter forgery and counterfeiting.

By tilting the banknote we can see what is called the rolling colour effect on the other Eastern Spinebill (bird) on the top left of the note (signature side). Hold the note up to the light and the rest of the bird’s body and legs appear in shadow. The rolling colour effect is also seen on the prominent patch directly behind the bird on the serial number side.

Signatures
The signatures featured on the 2016 New Generation 5 dollar banknote are Glenn R Stevens, Governor of the Reserve Bank of Australia, and John G Fraser, Secretary to the Treasurer. Interestingly the Governor Mr Stevens held this position for just 18 days after the first issue of this note when his 10 year term as Governor ended. This signature pair will not be issued on any future new generation banknote issues.

2016 $5 Signatures

2016 $5 Signatures

Posted in Banknotes

2016 New Generation $5 Note First and Last Prefix

The Transition period Trading the Old and New (Image courtesy of the Reserve Bank of Australia)

The Transition period Trading the Old and New (Image courtesy of the Reserve Bank of Australia)

Have you come across a new $5 note yet? They are taking their time to filter through the system but slowly and surely the banks are starting to handle these notes. Westpac customers have had the best luck with sourcing these notes and being a Commonwealth Bank customer at a branch that doesn’t buy in notes I’ve hit a brick wall obtaining notes from banks. A trip to the ANZ saw the teller hand over a single general prefix new note saying it was just the fifth note she’d handled but was sure they were on their way. I’m sure everyone has been asking about them. A random purchase at the local Post Office scored a first prefix AA new generation note, yay, the only one she had!

The Reserve Bank of Australia (RBA) have printed 170 million new five dollar notes. This is enough to replace every 5 dollar note currently in circulation. Online selling sites such as eBay are awash with the new notes and it’s been determined that the first prefix serials all begin with AA 16 and the last prefix is EJ 16. Every other number in between is what we call a general prefix note. Have you checked the serial number of your new fiver?

2016 New Generation Fivers (Image courtesy of the Reserve Bank of Australia)

2016 New Generation Fivers (Image courtesy of the Reserve Bank of Australia)

Posted in Banknotes

2012-2014 Australian Decimal Effigies Silver Dollar Series

2012 Australian Decimal Effigies Silver Proof Dollar -Machin 1966

2012 Australian Decimal Effigies Silver Proof Dollar -Machin 1966


With newly released coins celebrating the Queen’s 90th birthday showcasing past portraits of the Queen used on Australian coins perhaps it’s time to brush up on some lesser known coins that you might just need in your collection.

From 2012 to 2014 the Royal Australian Mint (RAM) commemorated the effigies of Queen Elizabeth II used on decimal coins through the years. The RAM struck a 2012 coin with the Arnold Machin young portrait of Her Majesty used in 1966, then in 2013 struck another with the Raphael Maklouf portrait first used in 1985. Both coins had the year of issue and the Ian Rank-Broadley portrait on the obverse and were one dollar coins. This made both coins double headers! The first coin was only offered to RAM customers that were gold and silver members of the “collection by selection” program. This was a system where customers pre-ordered and pre-paid for their entire year of purchases at once and if they purchased between $1,000-$1,999 (silver member) of coins they were offered the chance to buy the gem uncirculated coin. If they spent over $2,000 (gold member) they had the option to buy the proof coin. As a result of the required spending limits the 2012 Machin coin had a mintage of just 100 for both the proof and gem uncirculated silver coins.

The Mint Valued Customer program changed in 2013 and customers became part of the “Mint Legends” program, which is still in operation. As a member of this program collectors were given the opportunity to order the 2013 Effigies coin (the spending limit requirements were removed) and in turn specify the mintage produced. The 2013 Maklouf coin fared a little better than the Machine with 310 proof and 330 gem uncirculated coins struck to demand.

The final coin in the series was a tribute to all three portraits used, neglecting the one-time Gottwald portrait used on a commemorative in 2000. The 2014 Effigies coin featured the 3 portraits in profile, the Rank-Broadley in front, the Maklouf behind and the Machin behind that. Again with the Ian Rank-Broadley older portrait currently in use, dated 2014 and the denomination on the obverse. This third exclusive release was the most popular with Legends subscribers ordering 1,000 proofs and 750 in gem uncirculated. Each coin in the series was struck in .999 fine silver, housed in a capsule in a lined flip-box and an outer cardboard sleeve.

Because of the nature of this issue it really has fallen off of the collecting radar and doesn’t appear to be included in either current Australian Coin catalogues. The mintages of these coins are tiny and one has to wonder, was it really worth producing dies for such a limited production run? These coins were not available or advertised through the regular Mint shop or dealer channels for retail purchase. Did you know they even existed?

2014 1966-2014 Elizabeth II Dollar Gem Unc mintage 750

2014 1966-2014 Elizabeth II Dollar Gem Unc mintage 750

Australian Decimal Effigies Series 2012-2014
.999 Fine Silver Dollars, 25mm, Interrupted Edge Milling, 11.6 grams

2012
Australian Decimal Effigies -Machin 1966
Mintage:100 Gem Uncirculated, 100 Proof
Issue Price: Gem Unc $100, Proof $200
Only available to Collection By Selection Silver and Gold Members
Obv: “2012.1 DOLLAR.ELIZABETH II” Ian Rank-Broadley Portrait of Queen Elizabeth II
Rev: “AUSTRALIAN DECIMAL CURRENCY EFFIGIES MACHIN-1966″ Arnold Machin Portrait, Queen Elizabeth II

2013
Australian Decimal Effigies -Maklouf 1985
Mintage:330 Gem Uncirculated, 310 Proof
Issue Price: Gem Unc $100, Proof $200
Legends Subscriber Exclusive Offer
Obv: “2013.1 DOLLAR.ELIZABETH II” Ian Rank-Broadley Portrait of Queen Elizabeth II
Rev: “AUSTRALIAN DECIMAL CURRENCY EFFIGIES MAKLOUF-1985″ Raphael Maklouf Portrait, Queen Elizabeth II

2014
Australian Decimal Effigies -Elizabeth II 1966-2014
Mintage:750 Gem Uncirculated, 1,000 Proof
Issue Price: Gem Unc $75, Proof $99
Legends Subscriber Exclusive Offer
Obv: “2014.1 DOLLAR.ELIZABETH II” Ian Rank-Broadley Portrait, Queen Elizabeth II
Rev: “AUSTRALIAN DECIMAL CURRENCY EFFIGIES 1966-2014″ All 3 portraits in profile IRB, Maklouf and Machin.

Australian Decimal Effigies Order Forms

Australian Decimal Effigies Order Forms

Posted in Collecting Coins

Queen Elizabeth II 90th Birthday 2016 PNC’s Machin, Maklouf and Rank-Broadley Portrait

Australia Post Stamp Bulletin 342 Sep-Oct 2016. Queen Elizabeth II 90th Birthday PNC Releases

Australia Post Stamp Bulletin 342 Sep-Oct 2016. Queen Elizabeth II 90th Birthday PNC Releases

Collectors, if you missed the made-to-order sets of the special 2016 coins minted to commemorate the Queen’s 90th birthday then here’s another chance to secure these coins in a sneaky release from Australia Post. Keen Canberra Mint (RAM) customers eagerly snapped up 3 coin sets in a special made-to-order issue of these 2016 dated coins with past and present portraits of the Queen. Now, in the way we’ve come to expect the same coins are available individually in Australia Post PNC’s. This is why one must always read the fine print, it’s the SET of three coins that had the limited mintage and it was always possible the Mint would make more coins and have them available in other packaging.

If I may digress for just one moment, on another occasion the Mint offered coins on a made-to-order basis for the Australian Decimal Effigies series 2012-2014. Are the Decimal Effigies coins in your collection? Have you even heard of them? Those coins just don’t appear on the radar of most collectors as they were offered exclusively to RAM Legends subscribers. It was such a poorly publicised issue that has even flown under the radar of those that wrote our esteemed coin catalogues as they are not listed in both major publications! As a consequence they are pretty much unknown and such a tiny mintage probably made the design and manufacture of the dies non profitable for the RAM. It seems obvious to avoid this sort of non-profitable issue that the Mint had no choice but to sneakily increase the mintage of the Queen’s 90th Birthday coins any way they could. On a similar theme, how long do you think it will be before we see the “exclusive” “set only” Holden coin in another collector set or issue type. Perhaps even in another PNC.

Back to the PNC’s of which there are three available.
1966 Machin Portrait 20 cent PNC
Features Arnold Machin obverse portrait of QEII, dated 2016, platypus reverse
$2.75 International stamp
Postmarked Elizabeth SA 26 August 2016
Issue Price $17.95
Number issued 9,000

1985 Maklouf Portrait 20 cent PNC
Features Raphael Maklouf obverse portrait of QEII, dated 2016, platypus reverse
$1 postage stamp
Postmarked Elizabeth SA 26 August 2016
Issue Price $17.95
Number issued 9,000

1998 Rank-Broadley Portrait 50 cent PNC (this is the portrait currently in use -2016)
Features Ian Rank-Broadley obverse portrait of QEII, dated 2016, Coat of Arms reverse
$2.75 International stamp and $1 postage stamp
Postmarked Elizabeth SA 26 August 2016
Issue Price $17.95
Number issued 9,000

Each Postal Numismatic Cover (PNC) has the stamp, coin and an image of the Queen. Interestingly the 1966 Machin cover depicts the Queen wearing the Diamond Diadem (tiara) seen on the Maklouf coin portrait and the 1985 Maklouf cover depicts the Queen wearing the Girls of Great Britain and Ireland tiara seen on both the Machin coin portrait and the Rank-Broadley depiction. Perhaps more suitable images should have been chosen for better continuity. The older Machin and Maklouf portrait 20 cent coins are likely to be very popular, I’d anticipate an early sellout.

Queen's Birthday Commemorative 3 Coin Set (image courtesy ramint.gov.au)

Queen’s Birthday Commemorative 3 Coin Set (image courtesy ramint.gov.au)

Posted in Collecting Coins

New Design $5 Note Released Today

Keen banknote collectors will today be hitting the banks in attempt to get their hands on new $5 notes released into circulation today. The first denomination released in the “new generation” of banknotes is this 5 dollar note with improvements in security, anti-counterfeiting and the addition of tactile features to help the vision impaired. Those of you looking in your wallet and at your change you will notice an aged Queen, added toilet brushes wattle and a different aspect of Parliament House, an overall more colourful design to look out for.

2016 New Generation 5 Dollar Note Front

2016 New Generation 5 Dollar Note Front


2016 New generation 5 Dollar Note Back AA First Prefix

2016 New generation 5 Dollar Note Back AA First Prefix


2013 $5 Note

2013 $5 Note


2013 $5 Note

2013 $5 Note

Posted in Coin News

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Current Coin Values, Bullion Prices and Exchange Rates

AUD $7.72
Australian 1966 Round 50c
AUD $366.19
Gold Sovereign
AUD $458.42
Australian $200 Gold Coin
AUD $22.61
Silver Price (per Oz)
AUD $1,555.46
Gold Price (per Oz)
USD $0.7458
Australian Dollar

 
These values are updated hourly using New York market prices. Coin values are purely the value of the gold or silver they contain and do not account for any numismatic value.
Prices Last Updated: 15:04 11 Dec 2016