Recently released AC/DC coins from the Royal Australian Mint have turned up in alarming numbers for sale at inflated prices on eBay.
The two AC/DC coins, released on October 2, 2018 retailed for $15 for the 50 cent coin and $130 for the $5 collectible.
The 50 cent coin is currently being sold on eBay for up to $160 and the $5 coin is hitting the $500 mark.
When the Royal Australian Mint announced the collectible coins on 2 October they sold out within 48 hours. Now it seems that the purchasers were mainly scalpers who are now turning a quick profit.
The timing of the release of the AC/DC coins seemed strange as it didn’t match any particular benchmark. The Royal Australian Mint basically said it marked the band’s 45th anniversary but a 45th is hardly an anniversary many celebrate for anything.
AC/DC also released a stamp series in Australia in July so it appears the merch department of AC/DC Corp may just be active this year. The stamp series seemed to be thrown together without a lot of thought. The stamps matched the US editions of AC/DC releases, not the Australian releases.
For news as it happens follow Noise11 on Facebook
Listen to the Noise11 Music News channel now at iHeartRadio
