Australian Coin Values
Among all the other coins of the world, Australia coins are considered to be one of the best and most valuable types. However, when it comes to the question of setting parameters for their prices, a lot of factors come into play. There is a subtle difference between its value and its price and in order to understand its true value, it is necessary to understand that its price is what you pay when you buy it and its value is what you will get when you sell it. The price that you will pay to buy it from a dealer is also known as the retail price and it depends basically on how rare or how easily available it is. It also depends on the type of demand that is present for those particular Australia coins. The price also depends on its type and grade.
The other factors that determine the Australia coin values are:
- Type: The rarer varieties command greater values and the ones that are easily available have slightly lesser value.
- Size: The value also depends on the size as the weight of the gold plays a major role in determining the price.
- Face Value: The face value as printed on its face is an important factor.
- Weight: As indicated above, the weight in terms of troy ounce or grams or fraction of an ounce is perhaps one of the biggest factors. The value of the gold depends on the weight of the gold in it and this along with the other factors determines the value of the Australia coins.
- Gold Quality: As gold is often mixed with other metals in order to impart malleability and ease of manufacture, the value depends on the amount of gold and its purity. Gold bars are normally 99.9% pure but typical gold Australian mint coins are 91.7% pure gold.
- Other Factors: Advertisement costs and other factors also contribute to the prices.
- Date Of manufacture & Condition: The value also depends on when the coin was manufactured in the mint and its condition, whether it appears new or old.
In short, the basic factors that contribute to the value of Australia coins are the amount of gold, the quality of the gold, the condition and the weight along with the rarity factor. The price also depends on the availability of the certificate and the seal of quality.
The dealers also play a major role in determining the difference between the value and price as they look forward to making a substantial amount of profit. Normally the value is quite a high proportion of the retail price, hovering around 75 to 80 percent of it because of the value of the gold bullion.
Sometimes the prices of Australia coins also depend upon the demand and supply factor and the bargain offers of dealers who wish to liquidate their stock. Very often it is possible to find extremely attractive offers when you can find something for ten dollars whereas its red book price is a hundred dollars. However, investing in them might not prove to be very worthwhile as selling them might not be very easy in the future.