Some Things That Other World Mints Are Doing

There has been a lot of recent discussion within comments about various non-U.S. coins, so I thought it would be fitting to devote a post to world coins. Specifically, I wanted to outline some of the tactics, strategies, or innovations that mints around the world have employed within their coin offerings.

Generally speaking, many world mints have much greater latitude in producing their coins compared to the United States Mint. In many respects, the US Mint is limited to following the specific requirements set out by Congress. For example, all commemorative coins have their themes, denominations, and maximum mintages established by specific legislation. Even the process for selecting the design is stipulated. However, the Treasury Secretary does have some broad authority to mint and issue gold and platinum coins, which he has exercised infrequently and likely at the specific request of the US Mint. Such authority was used to create the 2009 Ultra High Relief Double Eagle.

Use of Non-Traditional Materials

For many years, world mints have been utilizing non traditional materials within selected numismatic offerings. An interesting one has been the use of a niobium core within an outer silver ring. The Austrian Mint has produced several series of coins in niobium and silver since 2003. The inner core of niobium has shown a broad array of colors, created by the diffraction of light by a thin oxide layer. The Austrian Mint has also produced Latvian coins using the same techniques. Shown below is the Coin of Time II with the core tinted dark purple.

Recently, the Royal Canadian Mint began a series of silver and niobium coins featuring the Algonquin full moons. The inner cores are selectively oxidized to create unique finishes, with no two coins exactly alike.


Besides metals, world mints have incorporated different materials into coins such as gemstones or crystal elements. The Royal Canadian Mint included a diamond within a coin to celebrate the diamond jubilee of Queen Elizabeth II. The Perth Mint has just launched a new series of coins showcasing nocturnal animals created in Australian opal (shown below).

Smaller Sized Precious Metal Coins

As precious metals prices have risen, some world mints have introduced smaller sized gold and silver coins. This has served to maintain a low pricing point for certain precious metals coins, providing entry level products for new collectors or products which can still be given as modest gifts.

The Perth Mint was one of the earliest to try smaller sized precious metals gold and silver coins. They released the extremely tiny 0.5 gram (0.016 troy ounce) Gold Kangaroo (above, right) and the 1/10 oz. Silver Koala.

The Royal Canadian Mint has also offered tiny 0.5 gram sized coins. The recently offered Gold Cougar with a face value of 25 cents is shown above, left. Additionally, they have offered 1/25 oz gold coins and 1/2 oz silver coins.

The RCM has also offered silver coins under the “Exchange $20 for $20” series. These coins are struck in .9999 fine silver and have a weight of 7.96 grams (0.256 troy ounces). Although they are priced at a premium to their intrinsic value, the coins are priced at exactly their face value of $20. The designs for this series have been exceptionally well done. Shown above is the second release. The most recent release features a swimming polar bear.

Limited Production Bullion Coins with Rotating Designs

Many world mints offer gold or silver bullion coins that carry rotating designs and have limited mintages. Most are initially priced based on the precious metal value, but can show later premiums based on the popularity of the design and/or the low mintage level.

The Royal British Mint offers the Silver Britannia, which has been minted in bullion format since 1998. Recently, the annual mintage has been 100,000, although the earlier issues have even lower mintages. Each year features a different design featuring Britannia. The 2012 Silver Britannia re-creates the original depiction of Britannia which was sculpted by Philip Nathan.

The Royal Canadian Mint recently began a new series of one ounce silver bullion coins featuring different species of Canadian wildlife. A total of six different designs will be released over three years, with each one limited to a mintage of one million. These have been initially priced at the same levels as the substantially higher mintage Silver Maple Leaf bullion coins.

The Perth Mint offers several different lines of bullion coins, which include limited mintages for at least some of the sizes. The one capturing the most attention currently is the Australian Lunar Series II, which features the twelve animals of China’s ancient lunar calendar. For the bullion versions of the coin, limited mintages were set for the one ounce gold coin, 10 kilo gold coin, one ounce silver coin, and 10 kilo silver coin. Shown above is the one ounce 2012 Year of the Dragon Silver bullion coin, which was limited to 300,000.

Other bullion series from the Perth Mint include the Silver Koala, which has no mintage limits, the Silver Kookaburra, with a mintage limit for the one ounce size, and the Gold Kangaroo, with limits for each size except 1 kilo.

Extremely Low Mintage Collector Coins

Some world mints have offered collector coins with extremely low mintages, usually targeted towards the high end market.

The Royal British Mint has offered kilo sized gold and silver coins as part of their 2012 Olympic coin program. The silver coin had a mintage of just 2,012 coins, while the gold coin had a mintage of only 60.

The Royal Canadian Mint is in the midst of a platinum coin series featuring prehistoric animals. The coins contain one troy ounce of .9995 platinum and carry a legal tender face value of $300. The first release from 2007  featuring the Scimitar Cat had a mintage of only 200 pieces. The most recent release featured the cougar and was also limited to 200 pieces.

On the less extreme end, the Perth Mint has released numerous collector coins with mintages set at 5,000 or sometimes less. These coins are typically issued for a particular theme such as “Great Composers”, “Ships That Changed the World”, or the most recent “Dragons of Legend.”

Numbered Certificates of Authenticity

Some world mints individually number the certificates of authenticity included with collector coins. While I haven’t made a study of it, there is likely some higher demand and premium for very low numbers, or possibly round numbers and lucky numbers (such as 888).

Programs Targeted Towards Frequent Customers

The Royal Canadian Mint has the “Masters Club.” Anyone who spends $999.99 or more within one year becomes part of this club. The benefits include free shipping and handling on all orders (U.S. and Canada) with no minimum. Advance notice is given for new releases, priority access is given for limited edition coins, and alerts are given for popular coins about to sell out. The program also lists benefits such as free access to mint tours and VIP invitations to special events.

The Perth Mint in Australia offers free shipping (even to the United States) for orders placed which are above $300.

The Royal Australian Mint offers an interesting pre-order program called “Collection by Selection.” Before the start of the year, collectors have a full list of all of the numismatic products that will be offered. Collectors can choose the products they would like to receive, which will be shipped automatically as they are released. Prices are locked in, even for precious metals products. Anyone who uses the program receives a free gift and collectors with orders above a certain level have an exclusive opportunity to order a coin with a limited mintage of 500 or 1,000.

World Coin Coverage

For anyone who found this post interesting, my website Coin Update News provides extensive coverage of new world coin releases. Past coverage can be found under the World Coins category. Featured articles on the site also periodically provide interviews with important figures from various world mints.

Anyone interested can subscribe to receive all Coin Update News articles by RSS or receive new articles daily by email.

Facebook Twitter Email

Comments

  1. Shutter says

    Under non-traditional materials, also use of non-metals (gems, glass, crystals). Also use of non-traditional shapes. This one is also interesting for use of protective coating.

  2. ClevelandRocks says

    Excellent article Michael! Thank you!
    I have some older RCM items with serial #s for some low mintage items.
    The old lady queen on all British colony coinage obverses keeps me away from them. The Queen obverse from the 60s and 70s is actually quite nice.
    Nothing tops our classic coinages: Eagles and Liberties.

  3. says

    A very nice article, Michael. I really like the idea behind the Algonquin full moon coin, with no two coins looking exactly alike. That also makes seeking “just the right coin” on the secondary market an interesting challenge, with so many potential varieties to choose from. I wonder what this level of variety in the coins might do to premiums.

    I think the very small denominations in gold are a good idea and would like to see that at the US Mint too. With the prices of gold so high these days, small denominations like this are really useful for collectors on a budget to be able to acquire gold products.

    I had not considered the idea of premiums on “lucky number” boxes from Perth. Interesting idea.

  4. Shutter says

    I think the very small denominations in gold are a good
    But look at some of the premiums. Canadian 1/10 oz Dragon is $230 or $73/g while 1/2g Cougar is $80, or $160/g. That’s seems pretty steep, no?

  5. says

    Shutter,

    I agree the premiums are pretty ridiculous. However, Perth is in the business of manufacturing rarities for the most part I find – their general sales philosophy seems somewhat at odds with that of the US Mint. I get the impression they are trying to create big buzz among flippers and collectors to create rapid sellouts, followed by high secondary market premiums, followed by increased interest in their products. So the high premiums, while irritating, are understandable.

    I would hope that if the US Mint were to introduce smaller denomination gold coins, say for an American Gold Eagle, we might see less obnoxious premiums.

  6. G says

    Don’t forget about the beautiful coins from the oldest mint in north America- the Mexican mint! Great article!

  7. says

    Anil,

    Looking around, they’re only doing one very limited, low mintage kilo silver coin for the Olympic games. I don’t see them for sale anywhere on the web. If you want one, you will probably have to dial the telephone number listed on the webpage here. http://www.royalmint.com/olympicgames/London-2012-kilo-coins.aspx

    I think the only other place you’re likely to see any of these end up is EBay and maybe Gainesville or APMEX. So far I do not see any anywhere on the secondary markets right now.

  8. Matt L. DeTectre says

    If you are in to cutting edge technology you have to go with world coins. But as for investment purposes always remember low mintage or novelty items do not guarantee rapid value increase. Demand is what puts price into play. I’m a traditionalist so I will stick pretty much to U.S. coins and occassionally dabble in the foreign coins. Get whatever floats your boat and you will be happy with your collection whatever is in it.

  9. says

    By the way, for those who are undecided on the Opal Koala coin from Perth, that is now sold out at the Perth Mint. Talisman still appears to have them in stock.

    When I went looking for black dragon auctions on EBay, I couldn’t find any, though I did find some for the Red Welsh. Perhaps this is another case of EBay deleting auctions before a product is in hand, similar to what went on with the 25th anniversary set.

  10. Louis says

    CO: Actually there are lots of them on e-Bay, selling for around $180-200. Just search under “2012 Berlin dragon.”

    Michael: very interesting post.

  11. Samuel says

    I have a feeling about Talisman’s pricing policy. I notice that when there is a hot coin come out from Perthmint, Talisman usually has it at the same time, and SAME price. But, when it is sold out at Perthmint, Talisman immediately increase the price. I noticed this for the proof red dragon, the black dragon and the opal coin. So, if u need something, buy from Talisman the first second, you dont have the 1 per member limit, same price, low shipping. Thats what I did for the opal coin.

  12. Tim says

    It is no wonder so many are interested in these other mints products when ours is so useless. Today they finally announced 3 more items with their famous TBD. It is disgusting the way they do, they come out with their survey, they screw the collectors in multiple ways and now the schedule is such a BIG secret. Totally stupid. The Perth mint blows ours away no doubt about it.So tired of all the cr@p and high drama.

    Great article as always, “MZ” for Mint Director !!!

  13. Tim says

    And we know they are bound to read this blog. It is all they would need to consider instead of their stupid survey that they probably won’t even adhere to.

  14. says

    Tim,

    Actually, in the case of scheduling Perth is not nearly as reliable as the US Mint. Perth only announces (as far as I can tell) their schedule one month in advance. Additionally, the black dragon sales caused some irritation as the coins were initially not available when their product page went up on the first day of sale, then the coins were suddenly made available, and then after an apparent sellout, the coins went back up for an hour or so on Sunday night and then vanished again.

    Additionally, Perth has also not published the maximum mintage of the aluminum dragon coin and covers they released a few weeks ago. They also don’t really publish their stats the way the US Mint does (which Michael then analyzes for us in his sales reports on Coin Update).

    With that being said, I do think Perth does some things better. I think they produce better quality coin designs for one (the Red Welsh is very impressive looking). They also tend to be on the leading edge of experimental coins, such as the opal koalas or the holographic coins they released a couple years ago.

  15. dave says

    Please establish a Facebook page that includes your articles. I enjoy reading your comments and articles.Thank you.

  16. Willem says

    Downies is also a good place to get sold out Perth Mint products at decent prices. The Koala Opal is currently selling for about the same price as the Perth Mint was selling it.

  17. Anil says

    Thank you Captain overkill. Called royal mint today but could not get hold of anyone. Will try again tomorrow. I really love the coin.

  18. VA Bob says

    I usually pick up an example of AUS Kookaburra’s and Koala’s and CAN silver Maple Leaf, but I’m with CleavlandRocks on this one; half the canvas is pretty much ruined by an unflattering homage to the queen. Pity, as some of those respective mint’s coins are quite attractive. No offense to those that like the queens portrait on the coins.

    The Niobium coins are nice. I have a few examples from the Austrian Mint and they are stunning. Not sure if Niobium will ever appeal to anyone as a PM. The premiums can be a bit discouraging on these.

    IMO the low mintage of the week programs hurts the hobby on a whole. While it might appeal to a broader range of people, or attract flippers, it saturates the markets (remember sports trading cards and stamps). We may not be there yet, but give it some time. Someone has to wake up to in the morning to the losers and there will always be more of these than winners. The PM intrinsic value aspect is the only saving grace. What happens if silver ever goes below $10 an oz (besides me buying)? It will be a lot of “value’ lost for the “investor” collector types (cards and stamps). I realize some may disagree, that’s OK. Collect what appeals to you. Every coin purchase I make, I do it with no expectation of the item ever appreciating one cent. If it does that’s a bonus. Since I have no intention of selling, the day to day ups and downs are almost meaningless anyway. What matters is the demand the day you or your heirs want to liquidate.

    Thanks for the alternate topic Micheal. I like to see the rest of the worlds stuff from time to time, but in the context such as you’ve provided here, as an aside from US coinage.

  19. Shutter says

    CaptainOverkill,

    You’re right that Perth Mint is ahead of US in innovative designs (Canada is too, as many others), but there are other things. For example Young Collectors program. When was the last time the mint produced a product specifically for children? I’m pretty sure the correct answer is “never”.

  20. Shutter says

    low mintage of the week programs hurts the hobby on a whole. While it might appeal to a broader range of people, or attract flippers, it saturates the markets

    Low mintages also hurt because after the collectors snapped up their coins, there aren’t enough coins floating around to maintain a market. No market means new collectors have no way to acquire them.

  21. Louis says

    Shutter,
    Actually during the state quarter program, the Mint did issue some products for young collectors like the coin and die sets and children-oriented albums with info. about each state. Plus lower price-point items like the 3 quarter sets and clad proof sets are made partly with young collectors in mind.
    VA Bob: I don’t want to pry, but since you say you never plan to sell, I assume you are either 1.) giving it all to your children or someone else or 2.) planning to take it with you. My point is some day most of us have to sell. If nothing else, one runs out of space.

  22. Tom P. says

    Louis, Louis, Louis. Coins are small and flat. Thousands fit into a relatively small space. Personally my “plan” is to sell on Ebay once I’m retired. We all know what happens to plans, but that is my plan.

    For foreign coins, my preference is Canada as I’m only a 5 hour drive from the nearest border crossing. I do find though that large numbers of small mintage coins create an oversaturation of the market. Some series take off, some stagnate, and of course some sell for less than issue price. A mintage of 10,000 doesn’t guarantee rarity status when 15 other issues that year also have a mintage of 10,000. One beauty of the Canadian system is that a mintage of 10,000 will not sell out in 4 hours.

  23. Shutter says

    coin and die sets and children-oriented albums with info. about each state.

    But no actual coins geared toward children? Like Perth Mint has.

    Look at all those countries are cashing in on Chinese calendar. Nearly everybody is producing Year of the Dragon coins. Perth mint kicked it up a notch putting out a cute (even if a cultural mishmash) Baby Dragon. The best US can come up with is BEP’s “Lucky Money Collection” which consists of a cheesy folded card with a plain old greenback inside. Really?!

  24. limalo says

    Speaking of, “Collect what appeals to you,” per VA Bob, no one has mentioned my favorite coins in this discussion. Just about my all-time favorite coins are the various versions of the Kangaroo at Sunset. Sure, I would love to be able to collect the gold versions of Kangaroo at Sunset but, for financial reasons, I have had to settle for a couple of silver ones. To me, this is just a beautiful design whether in gold or silver.

    Anyone else like the Kangaroo at Sunset coins?

    LL

  25. Louis says

    Tom- Not all coins are small such as the 5 ounce AtB coins or 10 ounce Kookaburras, and if one has a very large collection, space is definitely a consideration. I think it is a good idea to periodically weed out what you don’t need that badly and use the funds for something you want more. It’s another case of one size does not fit all. The point is simply that we all sell at some point and/or donate at some point.

  26. Louis says

    Why can’t a young collector today do the same thing young US collectors have always done like collect pennies, nickels, etc? I know that as a boy I sure as hell would not have wanted one of those ugly baby dragon coins. I collected proof sets and whatnot and still have them.

  27. Tallon says

    Willem (02/06 7:23PM),

    Thanks for the tip. I just picked up four Opal Koalas from Downies for $2. ea. less than the price on the sold out Perth site and got free shipping.

    Michael,

    Thanks for a great article. I have also just purchased and am soon to be the proud owner of “one of a kind” RCM niobium / silver coins. (Talisman seemed to have the best price on these, a couple bucks more than on the sold out Royal Canadian Mint site.)

  28. says

    Shutter, I would suggest the best “young collectors” program the US Mint has ever done was, ironically, the state quarters program. The coins were, and are, cheap, plentiful, and very easy to collect. They were also meant to be used as educational tools as well: http://www.usmint.gov/kids/coinNews/50sq/

    The AtBs would probably be successful in this way as well if the Mint would ramp up clad production and do some advertising.

  29. Shutter says

    Why can’t a young collector today do the same thing young US collectors have always done
    Because it’s 2012 and not 1912 and pennies and nickels are kinda boring. Someone here was complaining that all those australian and canadian coins have queen’s effigy taking up half the coin. But at least the queen’s portrait has changed over time. The penny’s obverse hasn’t changed in over a 100 years and the revers seems to be changed every 50 years or so (whether it needs it or not).B-O-R-I-N-G!

  30. Shutter says

    CaptainOverkill,

    I agree. It is ironic. The link you posted would seem a bit less like an afterthought if they actually covered all 56 coins and not stopped after the first 50.

    My point is that whatever the quasi-educational materials are produced around existing coins, the US Mint has never produced a single coin designed to interest kids in coin collecting. Not one.

  31. Shutter says

    ugly baby dragon coins

    Ugly may be in the eye of the beholder, but ugly beats boring every day. Besides, both baby dragon’s from Perth sold out, so at least a few people liked them.

  32. says

    The thing about the baby dragons are, they’re limited mintage and too expensive for most kids (I’m assuming we’re talking about children under 12 here). Plus, how many of them just got snapped up by flippers and standard collectors? I think if you wanted to create a coin specifically for kids it would need to be a very cheap clad product minted in large quantities. I can tell you that before I got into gold and silver coin collecting seriously, I had no idea silver eagles even existed, and they are the most popular bullion coin in the world.

    This is why I think the state quarters were the best young collector program, because while the Mint didn’t design them to target that demographic, I bet it got far more kids interested in collecting than the baby dragons.

  33. Michael says

    On the topic of younger collectors, the US Mint did release a number of “Young Collector Sets” throughout the 1990’s and as recently as 2008. These included the commemorative half dollar in an informative, illustrated folder.

    The Perth Mint has an entire website dedicated to young collectors and has released a few series of aluminum bronze coins specifically targeted towards kids.
    http://www.youngcollectors.com.au/

  34. simon says

    There were quite a few USMint offerings well within the reach of young collectors.
    I’m thinking the 4 coin Cu Lincoln cent set. The mint should have also made a 12 / 20 coin set which would include the satin finish and the business strikes. The 04 / 05 / 06 nickel sets were also a great buy. At the high end the first day covers and even the ASE’s are certainly within reach.

  35. Kelly says

    Hey Tallon

    Dont know if fyou bought morethan one of the back RCM niobium coins but I have the set from the start. They issued 7500 albums with the first 7500 subscriptions for all four coins so you might wantto look around for one oreven check with the RCM and see if they have any more.

    Limalo

    I have two of the kangaroo sunset coins also and love them. RCM recently had a 20 for 20 silver coin recently with a mirror of a person and canoe which is also nice and the issue price was great.

    Thanks Michael great article with a lot of good conversation, comments and ideas.

  36. Tallon says

    Kelly,

    Yes, I purchased two each of the first and second coins in the niobium set. I will look around for the album. Thanks

  37. Louis says

    I prefer to give a young collector an ASE or proof set rather than something like a baby dragon. I think we should all be encouraging young collectors, not just the Mint.

  38. Louis says

    Also, while it is not sufficient, the Mint does have an education e-mail newsletter for children with quizes and info. about coins and U.S. history.

  39. Shutter says

    The thing about the baby dragons are, they’re limited mintage and too expensive for most kids (I’m assuming we’re talking about children under 12 here).

    You’re probably thinking about silver baby dragon. Yes, it’s pricey. But what about this one?
    $15 isn’t too bad. And mintage of 10,000 in context isn’t too bad. Also, as Michael pointed they issue coins explicitly targeted at children. What does US Mint have to match that?

    Also, you keep talking up the state quarters, but the series took 11 years, has limited variety, and mostly designed by committee. Perth Mint has had coins covering space exploration, bugs, mythical animals, pirates, Wiggles, etc. Compare that with the Mint’s quarter offering for last year. 8 variations of the same 5 coins. Feh, boring!

  40. Shutter says

    Louis,

    I agree. It is not sufficient.

    But, Really? ASE and proof sets? Coins that barely changed in decades? In the age of XBox?

  41. Schalk says

    The Perth mint recently produced a 2 Oz Elizabeth II gold Diamond jubilee coin – with a mintage of only 60 coins! I happened to be on the site when the coin was launched. The moment the coin appeared on the website, I saw the mintage limit. I had it in my shopping basket and checked out immediately. I was so fast I thought that I had coin number one – it turned out to be coin #34. This coin was sold for AUS $ 5400 (more or less) – it now appears sometimes on auctions in excess of $10,000!

    Another beautiful coin I would like is the Lunar dragon 5 Oz silver “Mother of Pearl” from Fiji (I know the Lunar dragon coins seem to be an overkill all around the world, but this one is outstanding! – mintage 888). The Lao Republic’s Lunar Dragon has a ring of Jade set into the coin – also a very beautiful coin!

    For those of you interested in the Dragon Coins, the Perth Mint will be launching a 2 Oz Silver Dragon coin (SP) for the Perth Coin show in March (mintage only 1000 coins) – the colours of this coin are the same as those of the Perth mint’s 1 Kilo gem coin. They will also be launching the high relief version of the Lunar Dragon (Proof) at the end of this month.

  42. Dolores says

    On another topic … the uncirculated silver american eagle is still selling for 45.99 by the us mint. I see on ebay they are selling for as much as $60. How come?? I am not complaining but fail to figure the reasoning on this. Any comments?

  43. Frankie says

    I honestly think the Perth Mint should be called the “Flipper and Sucker Mint” (putting a Welsh dragon on a coin from Tuvalu is just pathetic)… While the US Mint is somewhat pedestrian, they appeal to serious COIN not gimmick collectors (just like me). Although I’m getting tired of the glorification of the military per se on coins (this is down to morons in congress though). There is more to the US for sure – painters, musicians, writers, history, flora and fauna etc. – just compare their outings with those of USPS’s stamp issues. They are miles apart in terms of diversity.
    Just to give one example of what the US Mint could do – check out this series of Gustav Klimt coins by the Austrian Mint:
    https://www.muenzeoesterreich.at/eng/kampagne/klimt/The-Collection
    5 coins in total and 1 per year means pretty much everyone can afford it…

  44. Samuel says

    Schalk,
    Thanks for the link. For the past half hour I have been searching for the link. No luck. Can you tell me the exact location of the link at their website?

    I am extremely interested in the HR dragon.

  45. says

    I noticed the high relief proof dragon a few days ago. Count me in for it! I am especially excited since I missed the standard variety a few months ago, and don’t really want to pay the premium to get it.

    Schalk, where did you hear about this 2 oz coin? I did not see it in the release schedule, was there a press release? And more importantly, will it be available to order on the website or from Talisman?

    Shutter, I didn’t realized they’d created a coin & cover for the baby dragons. I agree, that is a much better product to woo in young collectors with. I had been referring to the silver baby dragons initially.

  46. Louis says

    Samuel,
    You can subscribe to a Perth newsletter with release info and other stuff.

    As far as the US vs. the world– Apart from it largely being a matter of taste, I think foreign mints do a much better job of depicting a wider variety of aspects to their countries and cultures on their coins. As for stamps, old American stamps are awesome, but for current issues, most of the rest of the world totally blows away the USPS. But again it’s a matter of taste. If you enjoy art on stamps, for example, European issues are tremendous.

    I think some Perth coins are great, but many others don’t do much for me. I am sure this ongoing battle of Peth supporters vs, Perth backers will never end. One thing it does show is that interest in world issues is growing in the U.S.

  47. Schalk says

    Captain, every year, since the Lunar Coin Series II started, the Perth Mint has released a special, limited, 2 Oz Lunar colored Specimen coin during a Coin Show in Australia. The limit is always 1000 coins, which makes the coin scarce and desirable – almost like the 2 Oz Dragon Proof that was released late last year (in the 3 coin set that was also limited to 1000 sets). Watch out for it – it will come as a surprise!

  48. Schalk says

    Captain, as a follow-up, the Perth Mint show is from March 3 in Perth. I suspect that the coin may be released on the 3rd of March and will be available on the Perth Mint site – the only problem is that it is usually sold out within an hour or less. The Perth Mint sometimes do release coins on “release dates” that are not on the release schedule. So, when they release the High Relief Dragon, look out for it. Talisman may not be able to carry it – I suspect that the Perth Mint does not sell these to dealers – there will be a 1 coin limit. Most of these coins are only available from the coin show, so the Mint releases a limited amount on the web site.

  49. Samuel says

    Any idea of the mintage of the HR dragon? if it is thousands, i would say we probably will not be able to get them on this side of the earth. their website is just too bad.

  50. says

    Thanks for the info Schalk. I will keep my eyes peeled.

    And Louis, I definitely agree on your last point. The dragons get talked about almost as frequently as the 25th anniversary set and the 2010 AtBs.

  51. Phil says

    I really like the reverse of many of the Canadian and Australian coin designs, but not the obverse. They really need to add more variety to the obverse, instead of always having the same bust of Queen Elizabeth, updated to match her current age over the years. Perhaps they could leave her on just one denomination of the circulating coinage, and then go for some other obverse designs on all the other coins. Like the other poster, that really does tend to cause me to lose interest in their coinage. But those reverse designs really do show alot of creativity and innovation. However, there are so many different designs, it seems like they are just flooding the market with too many options, which tends to lessen the impact of the ones that really stand out.

  52. Matt L. Detectre says

    Dolores, many people buy new coins on ebay at higher than mint prices because they are unaware they can buy newly released coins still available directly from the mint.

  53. SliderMaker-mp says

    Hello limalo,
    The Kangaroo at Sunset coins really are nice, and the new UHR Kangaroo series is sweet too!

  54. VA Bob says

    Louis – fair question (I don’t consider it prying). I will probably give some of my coins away, perhaps sell the rest off, as I haven’t found a way yet to take them with me. My point is I’ve never sold a coin, for a profit or loss. I hope when I do it’s at a profit, but I’m not worried about that. I’m sure many of the coins I purchased because I liked them will do poorly. The real profit was in the enjoyment of being able to admire them during my time on earth. Of course life is fickle and unforeseen events might precipitate an early sell off. That’s usually when the profits are the worst. So it would have to be pretty bad to get to that point for me.

    I don’t have anything against folks that do invest, or try to sell for a profit. But I hardly ever buy on the secondary market, and especially refuse to pay overly inflated prices (The various mint’s prices are steep enough) or fuel the hype. If I miss the boat, I suspect another may come along in the future. For example I was going to give the bullion 5oz ATB’s a miss, too much hype and excessive greed for the amount of silver involved. But, then I got the email from APMEX for the fair price, and got the 2010’s (stopping there with the bullion versions). You’d think that fiasco would have wised people up, but the mob mentality returned for the 25th Anni ASE’s.

    I hope everyone finds what they want from the hobby, but I don’t want to see it go the way of trading cards and stamp collectors. Remember people paying hundreds for “manufactured rarity” beanie babies? Where are they now? It doesn’t matter if the objects material is cloth or gold if it is artificially over-valued.

  55. Tom P. says

    limalo, I picked up the Australian silver 1 ounce Kangaroo at sunset with the privy mark (mintage 5000) from the Canadian Mint. I love the design.

    This also didn’t sell out within 4 hours like that US series a few months back.

  56. limalo says

    Hello, SliderMaker-mp,

    Good to see you again here on Mint News Blog. Glad to see that you, Kelly, Tom P. and others like the Kangaroo at Sunset, too. I think it’s a great design that looks terrific in both silver and gold.

    That new UHR Kangaroo series that you mentioned sounds pretty good, too. Do you have a link or an address where one could see pictures of it? I’d like to get a look at it if you can point me in the right direction.

    By the way, Joey made the Dean’s List for his first semester at college. 🙂

    Hi, Tom P.,

    I think the Australian silver 1 ounce Kangaroo at Sunset with the privy mark (mintage 5000) is the same one I got. I’m a little confused about the privy marks though. Mine is privy mark 15 but there seems to be a privy mark 12 as well as one with no privy mark. Do you know the difference between the 15 and the 12? They all have the same great design though and that’s what I really like about them.

    I just collect a few things that I like and to pass on to the kids; I’ve never sold anything for either a gain or a loss. Just get what I like and hope future generations like them as well.

    LL

  57. Hidalgo says

    Michael, I have noticed once again that your blogs on world coins fail to mention what Asian countries are doing. China mint some of the most beautiful gold and silver coins in the world. Any reason why the Asian nations are repeatedly left off of your blogs?

  58. Michael says

    Hidalgo,

    It’s just been related to where I can get information and coverage. I have a writer in Europe covering many countries there, and I have been covering North America/Australia. We have written about some of the recent releases from China, but not everything. We will try to do more from China going forward.

    Are there any other specific countries you would like to see? I will see if we can get some contacts or information and incorporate some coverage.

  59. says

    VA Bob,

    I agree… to a point. I could see a lot of Perth products becoming less valuable sometime in the future. Don’t expect the hobby to truly crash, though, unless gold and silver prices take a long and permanent nosedive. These price increases are the primary driver in peoples’ interest right now.

    Likewise, don’t expect the most treasured key date coins to take much of a fall either.

  60. Dolores says

    Thank you Matt. I mistakenly think everyone knows they can purchase from the mint and save $$.

  61. G says

    Michael- great job with everything- I’d love to see more coverage of the Mexican Mint offerings- in particular the libertad series. I think they’re so beautiful and it would be great to get info ahead of the curve on that series!

  62. SliderMaker-mp says

    LL,
    Congrats to Joey!
    You can see/search the 2010 & 2011 Perth UHR Kangaroos at Talismancoinsdotcom & Newyorkmintdotcom. Those thick piedfort coins really stand out from the rest, and hopefully they will keep the series going a 3rd year. A Kangaroo at Sunset UHR would make a true beauty-hopefully we’ll see one someday.
    The Chinese Pandas are great too, but the counterfeits coming from over there make them tough and stressful to collect…

    Michael- thanks for a fun topic and another good read!
    MP

  63. Harry Baskins says

    Someone mentioned Downies of Austalia as a source of world coins. Just a warning that any purchase from them requires that one submit personal documentation including driver’s license and other forms of i.d. They claim that this is needed because of fraud. On the other hand, they really can’t guarantee the safety of such info once it is in their hands. I don’t think the opportunity to purchase a coin from them is worth the possibility of identity theft accidental or otherwise from their end.

Leave a Reply

Your email address will not be published. Required fields are marked *