ozjohn

With the introduction of Australian coins in 1910 the halfcrown ceased to be issued as halfcrowns were not included in the new issues although halfcrowns circulated into the early 1930s but these for the most part would have been the earlier ones. So in answer to your question 1928 etc. halfcrowns were never plentiful in Australia. As for availability of the 1929 halfcrown it was based entirely on my attempt to upgrade the one I had as it seemed difficult at the time to find a top grade example.

It seems that 1935 & 1936 half crowns are far more plentiful than 1928 and 1929 issues and in better condition even though the mintage figures are greater for the earlier issues. As for $US300 for a slabbed 1929 it's crazy. The coins issued in the middle years, with the exception of 1939 & 1934 are fairly plentiful as well again perhaps not quite so easy to obtain in top condition.

Agreed. The price was pretty good as well. My 1929 half crown ( already shown ) on this forum cost more. Not that I regret as it was a nice coin. I can remember Peckris suggesting that I dip this coin. Still a work in progress. You would tink it would be easy to find a decent 1929 halfcrown but when it came down to it there was little choice at a reasonable price. For example when I was looking there was a slabbed 1929 halfcrown offered for more than $US 300

I saw a 1920 or 1922 gold florin a few years ago at a Sydney coin fair. I was told at the time it was struck by the RM as a sample for Egypt.

I have also heard that any coin the RM deems to be not genuine is destroyed which seems harsh if they only give the coin a cursory examination.

Given the price of coins these days I find it hard to believe that an established dealer's turnover is less than GBP 85000 to avoid VAT registration. Maybe that is the case. I know in Australia the ATO is trying to levy GST on online traders so far without success. I will give an example of charging VAT on items sent outside the EU which has nothing to do with coins. Some time ago my wife purchased some items from M&S online and no VAT was deducted even though they were being exported outside the EU. I emailed M&S asking about this and their reply basically was that it was not the policy of the company to reduce the VAT component for sales outside the EU. Where did this money go? To consolidated revenue - I doubt it. To M&S balance sheet- most likely. As I said previously Amazon behaved in an honest way by refunding the VAT component to its customers. All I am saying there is a potential loop hole that can be exploited. This loophole also exists here in Australia and I am sure it is exploited just as much. As mentioned these are in general small amounts but they add up over time. What is going to happen to VAT on items sent to Australia after the UK leaves the EU?

So my question still remains for a VAT registered coin dealer selling to Australia. What happens to the VAT component of the sale? For example Amazon .co.uk when they sent items to Australia removed the VAT component and you received the item at a lower price.

Rob One difference between Australia and the UK. If your turnover is greater than a certain amount you have to have an ABN (Australian Business Number) to trade legally. I think it is a fairly low figure somewhere in the region of $AU 75000 which would include any serious business. This is used by the ATO (Australian Tax Office ) to monitor and audit GST returns.. Perhaps not fool proof but better than the optional system you describe

I guess my question should have been more specific concerning dealers in the UK selling to overseas customers. Is GST/VAT levied on exported items and assuming it is and the advertised price includes GST/VAT what happens to the difference? I assume to the dealer keeps it. This disadvantages the Australian buyer by both the UK VAT and Australian GST which would add up to about 30% above the original tax free UK price. To be fair I suspect the same thing happens when coins are sold to overseas from Australia. The only difference being GST is levied at ten percent in Australia as against twenty percent in the UK so any price increase is about half of the UK. Of course this does not include any tax levied by the Uk but this goes to consolidated revenue not a dealers bottom line. This would not apply to private sellers who often sell below the catalog price with duty being levied by customs of which they have no control over. If anyone thinks I am wrong please say so.

Just a question. When a value of a coin is stated in Spink or Collectors' coins does this include GST/VAT? I am not sure of the answer for Australia either. However if you are exporting a coin from Australia to say the UK exported are not liable for GST although it is now payable on imported items at a rate of 10% . Prior to 1 July 2018 they were GST exempt up to $1000.

I have met Andrew who is very knowledgeable about Australian and English coins. He works in a coin shop called Sterling & Currency of Fremantle, WA. A business I can recommend https://www.sterlingcurrency.com.au/proclamation-and-colonial-coins

Visited Michael's shop when I was in the UK while he was still trading there. He accepted a GBP 50.00 that was obsolete that I had saved from a previous trip to the UK. Not sure if that relevant to his coins (which were fine) but shows he is a decent person to deal with. Also he confirmed that I has a Rev. B 1920 halfcrown when I emailed him some scans of it which again shows he is willing to help people. Hope this helps.

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The attachment may be of interest to anyone trying to find out about Proclamation Coins. As it is large I will send over a number of posts

Correction the center dump was valued at 15 pence 1s 3d not 1s 6d. It was a different concept to counter marked Spanish dollars of 5s value as the total value was 6s 3d as an attempt to keep the coins in the Colony. Also the rim and the dump circulated separately . This was also done in Prince Edward Island Canada.

Some Spanish dollars became the Holley dollar which had the center punched out and called the dump valued at 1/- 6d and the rim valued at 5/-. The idea being to keep the coin in the new colony as it was now worth less than normal Spanish dollars. A genuine dump or dollar is very much sought after nowadays. Many fakes exist.

I think I have seen this one before. Anyhow IMO it's a fake.https://www.ebay.co.uk/itm/FLORIN-TWO-SHILLINGS-1870-ONE-TENTH-OF-A-POUND/263821755237?hash=item3d6d008365%3Ag%3At5QAAOSwxQJbJCZn&_sop=10&_pgn=4&_sacat=0&_nkw=florin&_from=R40&rt=nc

It has to be said the cabinet is late 18th C. early 19th C. but you can still smell the timber from the draw linings which are again oak.

I keep my duplicate coins in an old oak cabinet and never noticed any sign of enhanced toning of silver coins. In fact I was hoping in might.

I guess it depends on how hungry you are. Something we are not so familiar with nowadays.

Hi Jelida, I notice among your interests are vintage HiFi. I worked for the MO Valve Co in the 1960s where they produced the KT 66 & KT 88 tubes. I was also interested in the Williamson amplifier with the Baxandall tone control circuit that were described in the Wireless World magazine. In fact early attempts to apply circuit theory to amplifier design. Then I worked at Sydney University where the base reflex for loud speakers was designed again using second order linear control theory to tune the response of a cavity for critical damping at the low frequency end of the audio spectrum.Have to say when it comes to modern HiFi amps VFETS do a pretty good job as they have the same transfer characteristic as vacuum tubes ie 3/2 power curve as against a transistor (BJT) that has a qv/kt transfer characteristic. Still there is something about glowing tubes and power transformers.. Hope I am not boring you. Regards, Ozjojn

This coin was only issued as a proof. 15000 sets in total were issued some in leather presentation cases and others in cardboard presentation boxes.