The Australian Coin Collecting Blog has received a message through their Facebook page:
"Hi there - I'm producing Tony Delroy's Nightlife, broadcast on nationally on ABC Local Radio, 10pm-2am, each weeknight.
In our first hour tomorrow (10-11pm Syd time), we'll have coin experts Andrew Crellin and Stewart Wright joining us to help listeners with identifying, valuing and organising their coins.
We thoughts your members might be interested in calling as part of our talkback: 1300 800 222
To listen online: http://www.abc.net.au/radio/
Finding your local transmission frequency: http://www.abc.net.au/reception/freq/
Tony Delroy's Nightlife:
https://www.facebook.com/tonydelroysnightlife
http://www.abc.net.au/nightlife/
Many thanks
Scott Spark, on behalf of Tony Delroy's Nightlife"
To be honest I think a lot of us wouldn't have too much to ask as we're mostly all keen collectors and we often ask between ourselves to solve our problems/questions. Whether this is more aimed at the non-collector with old pennies covered in "green stuff" ringing in to ask what that is. What do you all think? Can we brainstorm some questions -who's going to ring in???
Andrew is a member here, he might get the heads up if he reads this thread anyway :)
I wouldn't be able to hear the radio over my snoring at that time of night PP :):angel:
Quote from: 'purplepennyhunter' pid='44263' dateline='1395288993'To be honest I think a lot of us wouldn't have too much to ask as we're mostly all keen collectors and we often ask between ourselves to solve our problems/questions. Whether this is more aimed at the non-collector with old pennies covered in "green stuff" ringing in to ask what that is. What do you all think? Can we brainstorm some questions -who's going to ring in???
You're probably right that it would be aimed at the novice or new collector or someone who has a stash of coins sitting at the back of
the cupboard.It might be worth listening to see who it flushes out and
what they have to say
I'll be off in Noddyland during those hours. :angel:
Quote from: 'trout' pid='44266' dateline='1395289880'I wouldn't be able to hear the radio over my snoring at that time of night PP :):angel:
10pm eastern time would be dinnertime for you wouldn't it?
Quote from: 'purplepennyhunter' pid='44278' dateline='1395293451'Quote from: 'trout' pid='44266' dateline='1395289880'I wouldn't be able to hear the radio over my snoring at that time of night PP :):angel:
10pm eastern time would be dinnertime for you wouldn't it?
10 pm est would be midnight here, 10am would be lunch time
Quote from: 'trout' pid='44280' dateline='1395293663'Quote from: 'purplepennyhunter' pid='44278' dateline='1395293451'Quote from: 'trout' pid='44266' dateline='1395289880'I wouldn't be able to hear the radio over my snoring at that time of night PP :):angel:
10pm eastern time would be dinnertime for you wouldn't it?
10 pm est would be midnight here, 10am would be lunch time
You've got it back to front.The radio program will start at 7pm Perth time
which is 10pm Sydney time
QuoteYou've got it back to front.The radio program will start at 7pm Perth time
which is 10pm Sydney time
That's what happens when ya get older Mate :blush:
Quote from: 'stevo1962' pid='44283' dateline='1395295662'You've got it back to front.
Was gonna say.. but then you never know... those naughty western secessionists may have moved the whole joint over towards NZ under cover of darkness or something.. :dodgy:
A fellow in my coin club used to do this exact same thing, back in the 1980s - go on a radio show (in his case, ABC Local Radio in Brisbane) where people phoned in to "get their hidden treasure valued".
The trouble is, of course, it's even harder to give a valuation for something over the phone than it is to give one over the Internet - since there are no pictures, at all, you've got to simply make a best-guess (or, more likely, a worst-case-scenario) as to what the condition of the coins might be. So his sessions usually turned into more of a "coin/medal/token identification" thing, rather than offering much help in terms of value.
The experts they've brought in are both coin dealers, so I assume they're more experienced at doing that sort of thing.
So did anyone here tune in? If so was it interesting?
Quote from: 'Nevol' pid='44333' dateline='1395353254'So did anyone here tune in? If so was it interesting?
Isn't it on tonight?
Quote from: 'Triggersmob' pid='44335' dateline='1395354168'Quote from: 'Nevol' pid='44333' dateline='1395353254'So did anyone here tune in? If so was it interesting?
Isn't it on tonight?
Oops! :blush2: :blush2:
Quote from: 'Nevol' pid='44336' dateline='1395355941'Quote from: 'Triggersmob' pid='44335' dateline='1395354168'Quote from: 'Nevol' pid='44333' dateline='1395353254'So did anyone here tune in? If so was it interesting?
Isn't it on tonight?
Oops! :blush2: :blush2:
A TimeLord's life is just a constant stream of wibbly-wobbly timey-wimey oopsies, innit Nancy? :angel:
QuoteA TimeLord's life is just a constant stream of wibbly-wobbly timey-wimey oopsies, innit Nancy?
Yup. :angel: We better watch out for the :off_topic: Police.
The discussion tonight is indeed going to be very general in nature - we'll run over a few numismatic news items that the general public may have an outside interest in - the Saddle Ridge hoard of gold coins in the US, the 2014-2018 commemorative programs that both mints will be running, as well as a few other things.
It's hard to come up with "fresh" talkback subjects that are likely to be of interest to the general public, we've thought that how to collect is as good a start as any.
I'm heading into the ABC studio to kick off from about 7pm Perth time / 10pm EST if that's any guide to time.
Let me know what you think we could be discussing in future, curly questions are welcomed! These segments are about increasing interest in the hobby and about making more people feel comfortable about doing something - every little bit helps eh?
Listening in and so far waffle, waffle, waffle.
15 mins in and no coin talk yet. :(
PPH and i listening too. Lots of waffle so far. Coin chat just starting.
Lots of talk about counterfeit uk pounds and a new pound coin, the saddle ridge hoard and its 'cleanliness', british proof mule, the new anzac coin for circ, the popularity of the 1930 penny. Andrew came out sounding very confident and professional and stuart wright was also there.
I think "Valuable cons that you can find in your change" would be a good general/introductory topic that a decent number of people would be interested in.
QuoteValuable cons
That's eBay you find them.
But, good suggestion once typo. is allowed for.
Hahaha
Yes, that was supposed to be "coins" - not "cons"
Quote from: 'purplepennyhunter' pid='44263' dateline='1395288993'Thanks purple, will tune in.
Try this abc link (http://mpegmedia.abc.net.au/local/nightlife/coins_on_n_m2178629.mp3)
Quote from: 'JeffH' pid='44561' dateline='1395525006'QuoteValuable cons
That's eBay you find them
:agreed: Sometimes I think ePay is nothing but a massive con... ;)
Another late night session tonight.
"Hi all, if you are interested in talking to coin experts Coin experts Andrew Crellin and Stewart Wright on ABC Radio's "Nightlife" you can join in the fun from 10pm AEST on 1300 800 222."
One of the theme's for tonight's discussion is going to be horror stories when dealing with coins - i.e., how not to get ripped off when either buying or selling.
Hopefully we keep the tone of the discussion positive, focusing on the positive steps the general public and collectors can take to stay safe, rather than just hear complaints and blaming!
We'll also run over some numismatic news - the ANZAC commemorative program from the RAM, the sale of the Saddle Ridge hoard via Amazon, and anything else you might think of....
Ooo that's just so very tempting PP, but I want to be good so your safe for tonight Andrew :angel:
Had a listen last night. An important thing said which I just read in another thread here (ta Robbie) was the importance of cataloguing your collection so when it's sold after you croak the person that steps in, who has no idea about coins or values, gets back for your estate or family what is rightfully theirs. It was in discussion about the auction where rare coins were sold for 20k with a real value of over a mill.
I was listening too , tho i was half sleep at the time , PPH can you remember what's name of the business form Andrew and Stewart was talking about . Makes you a creditor not a sucker if a business you have consigned something too goes belly up .
Yep the will thing was interesting too , might havto up date mine and my pcgs spread sheet thingo. Tho knowing my brothers when i carkit it will be like seagulls on a chip time at belly's.
I think this is the link to last night ?
http://mpegmedia.abc.net.au/local/nightlife/coins_on_n_m2190267.mp3
Quote from: 'bellyflorin' pid='53176' dateline='1403309508'I was listening too , tho i was half sleep at the time , PPH can you remember what's name of the business form Andrew and Stewart was talking about . Makes you a creditor not a sucker if a business you have consigned something too goes belly up .
Yep the will thing was interesting too , might havto up date mine and my pcgs spread sheet thingo. Tho knowing my brothers when i carkit it will be like seagulls on a chip time at belly's.
I don't remember exactly but I just googled. The PPS register (http://www.ppsr.gov.au/AbouttheRegister/ThePPSRegister/Pages/default.aspx)
thanks PP and thanks Fr45h3R
That link to the PPS register is correct - my understanding is that the few customers of the Rare Coin Company that had registered on this before they went into liquidation have different creditor rights to those that did not.
The basic case is that if the company had "control" over the consigned items at the time the business went into administration, the liquidators are entitled to them, even though title may not have changed.
While this stinks, seems unfair on a fundamental level and may well be overturned via a legal case in future, my understanding is that the precedent in other industries (a bulldozer lease of all things) sees the liquidators entitled to sell the items, and the consignor doesn't get the proceeds.
This is new law and is still being tested, however best to be on the safe side regardless.
Quote from: 'acrellin' pid='53194' dateline='1403320832'That link to the PPS register is correct - my understanding is that the few customers of the Rare Coin Company that had registered on this before they went into liquidation have different creditor rights to those that did not.
The basic case is that if the company had "control" over the consigned items at the time the business went into administration, the liquidators are entitled to them, even though title may not have changed.
While this stinks, seems unfair on a fundamental level and may well be overturned via a legal case in future, my understanding is that the precedent in other industries (a bulldozer lease of all things) sees the liquidators entitled to sell the items, and the consignor doesn't get the proceeds.
This is new law and is still being tested, however best to be on the safe side regardless.
Are you saying that many creditors (ie real owners of the coins) could loose everything ?
Who gets the funds - Mr Jackman or who?
To say it stinks is an understatement.
If I were a Rare Coin Co customer I would be wondering why ANDA did nothing pro-actively.
It would have been obvious that their business model would fail eventually.
In my understanding, those folks that had items on consignment with the Rare Coin Company, whose items were sold without their knowledge and whose interests were not secured on the PPS register, stand to be treated the same as all other unsecured creditors. The likelihood of them recovering any funds at this stage is remote from what I understand.
As his company has entered administration, as far as I'm aware, Mr Jackman certainly isn't looking at receiving any further funds at all from the Rare Coin Company. As he was also taken to court (personally) over a director's guarantee he gave over one specific transaction, I understand that he may well need to declare personal bankruptcy. I understand this will most likely mean that any future income over and above a certain amount will be directed to that former client.
I can say that the first and only complaint that ANDA received re the Rare Coin Company indirectly led to the company entering administration. Despite the huge number of aggrieved customers that have been very significantly affected, we only received one solitary formal complaint.
It isn't up to ANDA or anyone else for that matter to intervene in business transactions between any two individuals, no matter what the circumstances might be.
The very serious issues that have now come to light such as non payment of sales proceeds, sales of counterfeit or grossly mis-described items, and exotic transactions such as the provision of income payments following purchase, all of these have come to light after the fact.
All that said, the ANDA committee is in the process of reviewing our governing documents to include the capacity to take action against members in the absence of a customer complaint, under appropriate circumstances of course. Other changes such as the inclusion of non-members on the governing body (to ensure complete oversight and add complementary skills to the committee) are being considered as well. While we can't change what has happened, I believe we are taking appropriate steps to further increase transparency and confidence in numismatics in Australia.