Error Coin Spotlight – 1962 Elliptical Clipped Florin

1962 Elliptically Clipped Florin

Above you can see a remarkable and rarely seen error, and elliptically clipped or elliptical planchet Australian florin minted for 1962. The coin weighs just 7.82 grams, almost exactly 3.5 grams under the regulation florin mass of 11.31 grams. Now, we’ve talked about elliptically clipped errors before, but it’s worth examining this coin in some detail to prove it’s authenticity and understand it’s origins.

How are Elliptical Planchet Errors Made?

Elliptical planchet or elliptical clips are a result of a failure in the planchet manufacturing process. This is the process that turns a strip of metal into a round disc that can then be struck by a coin press to form a coin. In the case of this florin, coin blanks were punched out of a thin sheet of 50% silver by dies in a so called “blanking press”. After a blank was punched out the sheet of metal moved along a bit and then another blank was punched out, this happening over and over and obviously at a frighteningly fast pace. But what happens if something goes wrong and the metal didn’t slide along far enough and the second blank punched out overlapped the first? That’s how a clipped planchet occurs. See the image below for a more helpful explanation.

elliptical-clipped-planchets

Click image to enlarge

As you can see from this image our 1962 elliptical planchet error is a dead ringer for the centre part of the theoretical error shown above.

How do I know it’s Real?

You can use some of the same techniques to authenticate a curved clipped planchet error to authenticate the coin in question here. We’ll examine this coin for radial metal flow, a symptom of either an undersized planchet or a planchet not constrained radially by a collar die. Radial metal flow shows itself on the rim of a coin and also as so called ‘fish tailing’ of the coin legends. Below is a detailed image of the rim of the coin from the top of the obverse. Note that the raised rim slopes gently inwards until there’s no raised rim. This is because the metal flows in preference to the missing part of the coin blank rather than filling up the die. This gentle slope of the rim near the missing part of a clipped planchet is very distinctive. As a matter of interest you can see how the rim beads have also not been formed correctly, slowly transitioning from nicely formed round beads on the right to just a fraction of their correct size on the left.

Rim Metal Flow Detail

Fishtailing is a descriptive term for the effect that radial metal flow has on the legends of a coin. You can see this effect clearly in the image below. Notice how the top of the letters are thinned and slope up towards the edge of the coin. Notice also how the top of the T of AUSTRALIA is bisected and forms the characteristic fishtail shape. If someone simply cut the edge off of a coin to try to imitate a clipped planchet this fish tailing would obviously not be present and the smart error collector would be rightly dubious of the origins of such a fabrication.

Fishtailing Detail

In conclusion, we see all the correct indicators that this coin was actually struck on an underweight planchet. It has a distinctive shape and shows the type of radial metal flow you’d expect when such an underweight planchet is struck in a coin press. Elliptical clipped planchets like this one are the most unusual type of clipped planchet error, and it’s always fun to see one on a big coin like a florin.

Posted in Error Coins

Counterfeit Fake 1966 Round Silver 50 Cent Coins

If you thought counterfeiters just targeted high value and key date collector coins then you’re wrong. We’ve found fake Australian round 50c coins being sold on eBay for a similar cost to genuine coins at about $8 each. The fake coins are made from (perhaps) copper and have been imported from Chinese counterfeiters to replicate the 80% silver genuine coins usually purchased by coin and bullion collectors for their silver value.

The design appears to be a reasonably good copy but when you look at coins as much as we do then you just have to shake your head about how bad the design actually is. We’ll point out some of the features in closer detail.

The reverse comparison image of the fake coin (left) and a genuine coin (right) points out:
1. The star on the fake coin is different in shape and crude in comparison,
2. The kangaroos left paw that holds the shield is missing on the fake coin,
3. The outer edge of the shield is plain and missing important design elements on the fake coin.

Fake Coin (left), Real Coin (right) Reverse Comparison

The obverse comparison image of the fake coin (left) and a genuine coin (right) points out:
1. Squareset tiara detail on the fake coin,
2. Zombie eyes on the counterfeit Queen,
3. Rounded nose profile on the fake coin,
4. Bulbous cheek giving the lips and mouth a cheeky look on the fake coin.
Here the portrait just looks wrong! The design is just not as refined as it should be.

Fake Coin (left), Real Coin (right) Obverse Comparison

The whole fake coin design, portrait, emu and kangaroo has the rounded and bulbous shape that we’ve seen in these fake 2000 $1/10c mule coins. These fake coins are not stamped “COPY” as replica coins should be, they have been manufactured to deceive.

Please be aware that these and many other fake coins are out there and sellers are ready to take your money deceptively. Take care, inspect your coins closely, get expert advice if you’re not sure, buy from a reputable seller or coin dealer with a return policy or purchase a coin in a PCGS or NGC slab (not a backyard slab).

Posted in Collecting Coins, Investing in Coins

Gold Coast 2018 Commonwealth Games Coloured $2 Week 2 Borobi Mascot Coin at Woolworths

2018 Coloured $2 Gold Coast 2018 Commonwealth Games Borobi Mascot


From today you should see the next coin in the 3 coin series of 2018 Commonwealth Games coloured 2 dollar coins in your change at Woolworths and Safeway supermarkets. I visited two Woolies stores today without luck still receiving last weeks coins. Perhaps the Armaguard delivery hadn’t landed in store yet! I imagine the logistics of ensuring stores are stocked up is quite a task but then this is a massive advertising and Games supporting event for Woolworths, all should be running smoothly.

The week 2 coin (that I am yet to receive) is blue and yellow in colour and depicts “Borobi”, a blue koala who is the Gold Coast 2018 Commonwealth Games mascot. It is being reported in the media that a total of 8 million coloured $2 coins will be sent into circulation through Woolworths stores.

3 Coloured $2 Coins to Collect

Images courtesy of the Woolworths catalogue.

Posted in Coin News, Collecting Coins

Gold Coast 2018 Commonwealth Games Coloured $2 Coins When You Shop at Woolworths

The Royal Australian Mint has struck Gold Coast 2018 Commonwealth Games circulating coloured 2 dollar coins that will be distributed through Woolworths and Safeway supermarkets. There are 3 coins to be released over the coming weeks, the first orange/yellow/red coin may appear in your change when you make a purchase from tomorrow.

3 Coloured $2 Coins to Collect

The Week 1 (first coin) has a multi-coloured ring with the Gold Coast 2018 Commonwealth Games emblem in the centre. It is available from March 14th.

2018 Coloured $2 Gold Coast 2018 Commonwealth Games Logo

Week 2 from March 21st the blue/yellow coin will be available which features the Commonwealth Games mascot Borobi. Week 3 from March 28th (and for 3 weeks) the last coin will be available. This green/yellow coloured coin features the Commonwealth Games Team logo.

The catch is that there is no guarantee you will receive one of these coins in your change. It’s a bit of a lottery with the self service machine or you could ask your checkout operator if they have any in the till to give you. I expect that limits would apply to this as has been the case in the past. Not all staff adhere to this so you could expect a different answer from staff in different stores.

All 3 coins will also be available in a special folder 7 coin collection that also has 4 uncoloured $1 coins for $15 a set.

Gold Coast 2018 7 Coin Set

Images courtesy of the Woolworths catalogue that appeared in my mailbox today!

Posted in Coin News, Collecting Coins

Counterfeit / Fake Year 2000 $1 / 10c Mules on eBay

Update July 2019

In the last three months a new crop of counterfeit coins that are supposedly mules have been appearing on eBay and being bought up by unsuspecting collectors. These are different counterfeits to those we originally spoke about. They are perfectly centred, show no wear at all, and usually some sort of very poor artificial toning. The dead giveaway is that they are all identical except for the terrible toning. Which of course anyone with any common sense would no is impossible in the case of the 2000 $1/10c Mule. Below is a picture of one of these counterfeit coins that at time of writing had been bid up to $800.

Counterfeit 2000 $1 Coin NOT A MULE

Original Article (March 2018)

In the last few weeks some less than reputable eBay sellers have been selling counterfeit Australian coins purporting to be genuine year 2000 $1/10c mules. Putting aside the fact that selling counterfeit Australian currency is a federal offense punishable by jail time it’s also a low life act being done simply to profit from the easily deceived. One eBay seller has sold one of these fakes for over $900 already, a hefty sum for something that is worthless and actually a crime to possess. This short article looks at the counterfeit mules and has some key points to look out for so you can easily spot them.

Counterfeit Mule (Left), Real Mule (Right)

Above you can see a comparison of the obverse of a fake mule on the left and a real mule on the right. Each numbered point is discussed below.

1. Double rim on the counterfeit coin is far too narrow and too perfectly centered.
2. Legend lettering on the fake coin is too close to the edge of the coin.
3. Hair detail on the fake coin is too coarse and ‘spaghetti’ like compared with the fine detail on the real example.
4. Spacing between the lettering and the double rim is inconsistent on the counterfeit mule while the lettering is the same distance from the double rim around the entire perimeter of the real coin.

Counterfeit Mule (Left), Real Mule (Right)

Above you can see a comparison of the reverse of a fake mule on the left and a real mule on the right. Each numbered point is discussed below.

1. The bodies of the kangaroos on the fake coin are unnaturally rounded and bulbous compared with the much more natural looking contours on the real coin.
2. The faces of the kangaroos are rounded and smooth with deepset eyes on the counterfeit, while the real coin shows much more fine and realistic detail. We thought the kangaroos looked positively ‘zombie like’ on the fake.
3. The second largest kangaroo’s top left ear disappears into the leg of the kangaroo above it on the counterfeit. On the real coin is the ear is above the leg.
4. The end of the left paw of the largest kangaroo is missing from the counterfeit.

The counterfeit examples also appear to have reeding around the entire edge of the coin and not interrupted edge reeding like a standard Australian dollar coin should have. See below.

Counterfeit 2000 $1/10c Mule Error Edge Reeding Detail

Buyer Beware

The particular seller of these coins is ONLY selling counterfeit coins. None of them are convincing and yet people have still bid them up to 100’s of dollars. If you want to buy a real year 2000 $1/10c coin buy from a reputable dealer or buy one that is graded and encapsulated in a PCGS holder. Remember it is a federal offense to buy and sell counterfeit Australian currency.

Images of the counterfeit Australian dollar coin courtesy of the fine people at eBay Australia!

Posted in Coin News, Error Coins

Error Coin Spotlight -2014 50c Struck on a Brass Planchet

Click image to enlarge

Above we can see an Australian 50 cent that has been struck on a wrong coin planchet. This error 50c is the wrong weight, wrong colour and the wrong shape. A regular 2014 50 cent should weigh 15.55 grams, be silvery in colour (copper-nickel to be exact) and have a 12 sided (dodecagonal) shape. This coin weighs 6.55 grams, is made of brass and is round.

This error coin is uncirculated so was likely pulled from a coin roll before it entered circulation and was so strikingly out of place that it was put aside. We’ve had this coin XRF (X-ray fluorescence) tested and it came out 95.07% copper and 4.93% zinc which is the composition of brass. It was a possibility that if the composition was aluminium bronze (92% copper, 6% aluminium and 2% nickel) that it could have been struck on a (6.6g) $2 planchet, but this didn’t turn out to be the case.

We looked into what other coins or medals the Royal Australian Mint was striking at the time this coin was made and no other planchets match this coin.

We’ve concluded that it’s most likely that foreign blank contamination occurred at the factory where the coin blanks used by the Royal Australian Mint are sourced, Poongsan in South Korea. This company is the world’s largest coin blank manufacturer producing coin and medal blanks in all kinds of alloys including brass and copper-nickel. A foreign blank contaminated the barrel of blanks at the supplier and went on to be struck as an Australian 50 cent creating this very special, super rare error coin.

Click image to enlarge

Posted in Error Coins

Double Struck A Pair of Halfpenny Errors

Click image to enlarge


We recently had the opportunity to look through the coin collection of a friend and some special coins caught our attention. I looked closer at one of the error coins and was surprised at the similarities to one of our own coins, so we took a photo to make some comparisons. We retrieved our own coin from storage to look at and compared both coins together. This type of error is quite rare and not often seen -a rotated double struck coin error. In this case a halfpenny was struck, rotated in the press, failed to eject and was struck again. The coin rotating enough to leave parts of both strikes visible that are quite entertaining.

The rotation of the second strike for each example is so very close too, only out by around 10 degrees. The bottom coin you can still read the original HALF around the kangaroos tail. The top coin only ALF remains in the field. The obverse we can easily see the rotation of HM’s profile. For the first strike she’s looking upwards, the base of her hair and ribbon seen at the back of her shoulder. These really are a special pair of error halfpennies.

19xx Halfpenny Rotated Double Strike Error

19xx Halfpenny Rotated Double Strike Error

Rotated Double Strike  Error - 1964Y  Half Penny

Rotated Double Strike Error – 1964Y Half Penny

Posted in Error Coins

1970 Captain Cook Proof 50 Cent VIP Presentation Set

1970 Cook 50c VIP Set (image courtesy eBay)


In 1970 Australia was excited about the very first decimal commemorative coin. This circulating coin was a dodecagonal 50 cent piece with the image and signature of Captain Cook and a map of Australia designed by Stuart Devlin. This commemorated the bicentenary of Cook’s voyage that saw the first Europeans discover the east coast of Australia. Circulation coins were sent to banks and retailers, uncirculated coins were included in mint sets, proof coins in year sets and specimen coins were issued in red plastic cases. There was also a very special set given to VIPs that is rarely seen for sale.

This VIP set was a gift from the Australian Government to important individuals and each had the recipient’s name engraved into a special plaque in the set. The Royal Australian Mint produced just 70 of these 2 coin proof sets, the controller of the Mint at that time J.M. Henderson says in the 1969-1970 annual report:

“Seventy gift boxes each containing two proof 50 cent coins and a plaque engraved with the recipient’s name were assembled at the request of the Prime Minister’s Department for presentation to important visitors and others concerned in the bi-centenary celebrations.”

1970 Cook 50c VIP Set (image courtesy eBay)

“Proof and Special coin” production statistics in the report confirm the Mint struck 140 pieces (2 coins in each set). With just 70 sets given to VIPs none appeared on the secondary market in the first 20 years after they were issued1. In fact just two sets have surfaced to date and it is easy to identify each set because of the engraved name plaque. It’s interesting to postulate a set was perhaps given to the Queen or a member of the Royal family who visited Australia in 1970.

The first set surfaced at a Noble Numismatics auction (sale 84 lot 125) in March 2007 and sold for $1,000 (plus commission). The name plaque was engraved to The Hon E.A. Willis, M.L.A. Sir Eric Archibald Willis (1922-1999) was the government Minister for Labour and Industry and Chief Secretary and Minister for Tourism in 1970 when he was issued the set. More recently (but still 10 years later) another set surfaced engraved to Rear-Admiral T.T. Lewin, M.V.O., D.S.C (pictured). Terence Thornton Lewin (1920-1999) was a highly decorated member of the UK Navy serving in WWII and later became Chief of the armed forces. He was a big fan and historian of Captain Cook.

1McDonald, Greg.(1991).Collecting and Investing in Australian Coins and Banknotes(2nd ed., pp.215)

1970 Cook 50c VIP Set (image courtesy eBay)


1970 Cook 50c VIP Set (image courtesy eBay)

Posted in Collecting Coins

Stuart Devlin Designer Goldsmith Silversmith 2018 -Book Review

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I have never written a book review before and the task for this hefty 529 page pictoral history of Devlins work is eased by the beautiful depictions within the pages. To say I’m a Devlin fan is probably an understatement, his work drew me from coin collecting to arts and sculpture and I have many pieces of his work.

This recently released hardcover masterpiece was assembled by Devlin’s wife Carole and her sister Victoria Kate Simkin after a health scare saw Devlin relent on his negative thoughts on publishing a book. The now 86 year old Order of Australia medal recipient and jeweller to the Queen has achieved so much in his life which is all featured with the pages of this book.

The book features chapters on:
Silver,
Candelabra, candlesticks and centrepieces,
Commissioned works,
Coins, regalia and medals and art medals,
Jewelled surprise eggs, clocks and Objets d’art,
Jewellery,
Limited edition silver and commemorative silver,
Furniture,
Sculpture,
Innovations and computer-aided design,
Houses
and a Biography.

The book begins with a Foreward from Windsor Castle with His Royal Highness Prince Philip Duke of Edinburgh praising the efforts and achievements of Devlin in his lifes work. In each chapter the book carries on documenting much of his work with stunning pictures -it’s almost a Devlin dictionary!

Stuart Devlin is the designer of Australia’s decimal coins first issued in 1966, these were his first coin designs he went on to design coins for over 36 countries! Winning the competition to design Australia’s new coins is said to have transformed Stuart Devlin’s life.

As a Devlin collector this book opened my eyes wider seeing the sheer scale of the items Devlin produced. It’s also help me date and read more about pieces I’ve seen and pieces in my own collection. This book was definitely a must-have for my library. A surprise was that Stuart Devlin designed houses! He did so for the likes of Mick Jagger and H.R.H Princess Margaret. The finale of the book is the extensive biography, more detailed than ever seen before with photos of his private life too.

This publication has a recommended retail price of £75 or $225AUD but I was able to pick up my copy for half that price. Overall this is the most detailed and concise compilation of his work that has gone to print.

Click image to enlarge

Posted in Books

Rare Coin Company Collapse Leads to Jail Time for Director

Former Rare Coin Company director Rob Jackman was earlier this month sentenced to 4 years and 2 months jail time for stealing and fraud. Investors and collectors suffered massive losses as the director tried to keep his failing coin business afloat before it was placed into liquidation in July 2013. The company thrived on offering premium collector coins or banknotes to customers with the cherry on the top being a guaranteed buy-back price including an investment return for coins or banknotes purchased. The Rare Coin Co kept investor’s numismatic items safe in secure vaults (and happily charged investors storage fees) as investors waited to collect their anticipated returns.

As the global financial crisis hit and the coin and banknote market began to slide more investors sought to collect on the buy back guarantee and the company that grew from a $600,000 turnover in 1997 to $44.3 million in 2010 was unable to honour the guarantees. It is understood that efforts to keep the company viable included the company selling numismatic items that belonged to the investors and not the company. The dishonesty of the director will see Jackman serve at least half his jail term before being eligible for parole and has been ordered to pay restitution, but without assets and having been declared bankrupt it’s hard to see any of the $1.8 million being repaid.

Click image to enlarge

Posted in Coin News

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Australian 1966 Round 50c
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