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Abyss
Valued Member
Canada
309 Posts
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Why do I get the impression that these coins are not very popular or sought after by collectors ?
I have the 2004 and 2005 and I find them beautiful.I bought them at a good price( or at least I think so) about $ 54AUD for 2005 and $65 AUD for 2004.
While I read that quite a few people are into collecting the normal silver kangaroo coins, these look like they get ignored. Is it just because the price is too high ?
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Moderator
6464 Posts |
I for one Like the Kangaroos
but I normally do not like coloured coins.
I think I have about three of them
the one that is my avatar is very nice when viewed live.
For me coloured coins just don't do it..
Having said that
Thank you I just ordered a couple of rolls of Canadian 25 cent Pinl ribbon coins for giveaways.
rggoodie
aka Richard
www.aussie-coins.com
"catch em doing something right"
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Valued Member
Canada
309 Posts |
quote:
Originally posted by rggoodie
I for one Like the Kangaroos
but I normally do not like coloured coins.
I think I have about three of them
the one that is my avatar is very nice when viewed live.
For me coloured coins just don't do it..
Having said that
Thank you I just ordered a couple of rolls of Canadian 25 cent Pinl ribbon coins for giveaways.
Is that all the it is ? Just because they are "coloured" ? I don't like gold myself but when I've seen these two coins "live" I couldn't believe how good they look.Granted,i mostly like the clean design on them,the gold is just a nice touch to highlight what is already something I like.
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Pillar Of The Community
Australia
1251 Posts |
I admit that I only collect coins that go into circulation and clones thereof. However I do collect some NCLT in folders as well but I do not collect coin from The Perth Mint.
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Valued Member
Canada
309 Posts |
quote:
Originally posted by bm1947
I admit that I only collect coins that go into circulation and clones thereof. However I do collect some NCLT in folders as well but I do not collect coin from The Perth Mint.
bm1947 Would you mind telling me what will keep you away from one of these coins for example ? I'm just trying to get educated here 
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Pillar Of The Community
Australia
648 Posts |
Abyss, I'm just a newbie at collecting too but I've made some observations. Many commemorative precious metal coins (gold and silver) just don't sell well and don't seem to increase in value over time either in spite of low mintage. It's a difficult one to understand as some beautiful coins of Australian animals and places have come from the Perth Mint in silver and gold. In the short term they even devaluate. Perhaps the release price is too high? I don't really know. I'm still trying to understand. Junk metal mintmark coins though for example seem to always increase in value over time, some to incredible levels like the $1 2000 Victoria Cross which is now worth around the $180-$200 mark, the Galipoli "G" mintmark at around $40, 2000 Anzacs PNC at around $100. Funny how the war ones do best. They leave the silver and the gold coins in the dust. It seems people don't want to pay much more than bullion value for decimal precious metal coins. Different story with predecimal though. Australian gold Sovereigns sell like hot cakes on eBay over here. As for the silver and gold plated kangaroos, I'd like to get them eventually I think. Does anyone know how much gold plating is on these things? Or is it air thin? Oops, now I'm starting to sound like I want it for bullion value. |
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Valued Member
Canada
309 Posts |
Learjet As far as I can see,the gold plating on them is nothing.Like you said,air thin I guess I am surprised because unlike "coloured" coins,which I know quite a few btw,the gold on these is used just to highlight the motif,giving it,in my opinion a very nice touch. By the same token the 50 cent coins with the Queen are very sought after,and there again is silver with gold plating...same materials and idea,different "subject" for these coins. The normal silver Kangaroos seem to do well though,at least that's what I read. As a foreigner,i would've guessed that the Kangaroo which is an Australian icon,should do well among australian people. Even though I have nothing against monarchy,i feel like a lot of other people here,we would preffer to see Canada's coat of arms instead of the Queen.At least on same of our coins. Sorry,i didn't mean to hijack the thread,just got carried away  Back to Kangaroos |
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Pillar Of The Community
Australia
648 Posts |
I was in one of the larger Australia Post offices today and they had a gold plated silver kangaroo. They are a very nice looking coin. The photos don't do them justice.
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Pillar Of The Community
Australia
1091 Posts |
quote:
Originally posted by Abyss
Why do I get the impression that these coins are not very popular or sought after by collectors ?
I have the 2004 and 2005 and I find them beautiful.I bought them at a good price( or at least I think so) about $ 54AUD for 2005 and $65 AUD for 2004.
While I read that quite a few people are into collecting the normal silver kangaroo coins, these look like they get ignored. Is it just because the price is too high ?
This is just my opinion. The $1 Silver Kangaroo series started in 1993 (Specimen (frosted) condition). I collect one each year, a very nice series. In 1999 the proof version of the same design was issued so this series is smaller and more expensive. The Gold plated coin appeared in 2003, again the same design but with Gold highlighting. I think a lot of people like to collect a series and the Gold plated coins are in an early stage. Those who started collecting the Specimens Kangaroo's probably still do. 2005 Specimen issue price $24.60 2005 Proof issue price $54.00 2005 Gold Plated Specimen issue price $74.50 Also consider we have Proof sets, uncirculated sets, Mintmark dollars, Subscription coins and many commemorative coins. So there is plenty of competition for collector's money. Australia even has two mints producing different commemorative coins. So price and variety are factors.
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Valued Member
Canada
309 Posts |
Very good points toast,Thank You. The gold plated are in fact new,and I've never thought about the other thing,that you guys have two Mints That makes for a lot of coins indeed. |
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Pillar Of The Community
Australia
1529 Posts |
I concur with all the points posted by Toast and would like to add on that there would not be more than 13,000 to 14,000 serious collectors downunder. This estimation is based on the number of Maccas published each year. With such a small number of collectors and the large number of coins minted each year, some issues will suffer.
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Moderator
6464 Posts |
Toast
I am still looking for some of the frosted roos on the cards
from some back years
do you have a supplier?
I have
93
96
97
98
00
01
02
03
04
05
06
I am looking for the rest.
I have some duplicates and some from some of the shows i.e the 1993 International coin fair.
rggoodie
aka Richard
www.aussie-coins.com
"catch em doing something right"
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Pillar Of The Community
United States
3147 Posts |
Personally I think that RAM's issue prices are extremely high but I assume all you Aussies are now used to that? But I will go farther and say I am amazed at the increase in value of most Aussie coins. The silver Kangaroo seems to be a very very good investment if you buy them when they are released as the secondary market is a wallet killer! Low mintages is playing a crucial role in driving the value of Aussie coins as more and more people world wide are turning to the darkside (foreign collecting) and those 12,00 to 14,000 coins just don't go very far when the whole world is searching for them. Actually many foreign coins are by far a better investment than buying U.S. coins, here at home, as demand and supply are the PLAYERS in this hobby. The U.S. mint seldom makes anything less than 50,000 struck and for the most part that would be commemoratives.
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Pillar Of The Community
United States
3147 Posts |
Hey rggoodie my wife has them all but I have been instructed, under the penalty of death, to steer clear of the Roo's under her protection! And, you know, I think she meant it!
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Pillar Of The Community
Australia
1091 Posts |
So your after the 94,95 and 99.
I got mine from eBay. There are a few of the 94 & 95 Specimens on there now. It's surprising that you can still get them on eBay at around issue price.
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Pillar Of The Community
Australia
648 Posts |
Do you bid on eBay rggoodie? They have roos in 1994, 1995 but no 1999 in uncirc at present, at least that I can find, just proof ones.
I won a coin fair 1994 silver roo a couple of days ago for way under list price so I'm happy. They only minted 2500.
Imagine if international buyers take after these one day. They will be worth a mint!
Edit, beat me while typing there Toast. :-)
Edited by Learjet
04/07/2006 8:54 pm
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Topic Locked
Posted 04/06/2006 4:07 pm
