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Commemorative $2 Coin For Circulation?

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Pillar of the Community
Australia
3831 Posts
 Posted 01/30/2012  04:30 am  Show Profile   Bookmark this reply Add gxseries to your friends list
2 dollar coin is just too small for meaningful commemorative designs. But we'll see.
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Pillar of the Community
Australia
4411 Posts
 Posted 01/30/2012  05:18 am  Show Profile   Bookmark this reply Add enworb to your friends list
I don't like the sound of this. I think there is too many commemorative coins these days. All are deserving reasons but some less than others, ATO, Aged pension and Women's day are a few of many. I like the fact that the 5c & 10c are untouched and the $2 should stay that way. Remembrance is one theme I think is a worthy of a commemorative coin but not on a $2. Use a 20c, 50c or $1.
Edited by enworb
01/30/2012 05:56 am
Bedrock of the Community
Australia
21788 Posts
 Posted 01/30/2012  06:03 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
, with both gxseries and enworb.

All of the Roman coinage in one way or another was commemorative, or at least had a statement to make with each particular issue.

But not on the Australian 5 cent or two dollar coin; they are just too small.

I can't see any value at all in minting a commemorative that is NCLT in any denomination. What is the point when most of the general public never get to see them?

If the Mint wishes to make collector specials, they have to have some relationship in design to coins that are issued for circulation. For example, proof sets, mint sets, off metal strikes in precious metals piedforts etc.

Some of the things that can interest collectors is to issue some coins into circulation in small numbers, and to sell these at a premium to those who want them, but fail to find them in circulation. Everybody who is interested should have some idea how many are to be issued beforehand, so rarity is known before issue. Easy to find out, if published on a Mint website. If you can't get one from circulation, they would be on offer to anybody from the Mint for a limited time at a limited number per customer.

Such a system would have to be completely transparent. However I guess that this little scheme is just a semi NCLT system and that others would find lots wrong with it.
Pillar of the Community
Australia
762 Posts
 Posted 01/30/2012  06:16 am  Show Profile   Bookmark this reply Add MobOfRoos to your friends list

Quote:
I think there is too many commemorative coins these days




And lately the circulating commemoratives have been completely ridiculous.

2010 celebrating 100 years of being taxed

2010 celebrating Australia Day (which happens every year)

2011 the 10th anniversary of the year of the volunteer (what the ..?)

2011 the royal wedding (the ugliest coin ever minted)

So now they are proposing a $2 circulating commemorative? Perhaps they are trying to get the world record for the smallest commemorative coin?
Pillar of the Community
Australia
4411 Posts
 Posted 01/30/2012  06:23 am  Show Profile   Bookmark this reply Add enworb to your friends list
As I read commlaw it seems as if this will be a circulating coin not just NCLT.
Pillar of the Community
Australia
762 Posts
 Posted 01/31/2012  03:01 am  Show Profile   Bookmark this reply Add MobOfRoos to your friends list

Quote:
REVERSE

A central circle containing the words ‘REMEMBRANCE DAY' repeated and presented in 11 rows. The central circle also contains the words ‘LEST WE FORGET' in inverse order, repeated and presented in 11 rows. The design includes a coloured representation of a red poppy flower in the foreground, 2 representations of a poppy flower as well as the inscriptions ‘TWO DOLLARS' and ‘REMEMBRANCE'.


How on earth are they going to fit all of that on a $2 coin? You would need a microscope to read it.

I think this is just a case of "Mint error" and it should read $1 or 50c coin.

Pillar of the Community
1119 Posts
 Posted 01/31/2012  03:45 am  Show Profile   Bookmark this reply Add erkle to your friends list
i wonder if they are going to issue loupes with these? nah I reckon if its a mistake they put the $2 in instead of 20c.
Pillar of the Community
Australia
4411 Posts
 Posted 01/31/2012  04:20 am  Show Profile   Bookmark this reply Add enworb to your friends list
It also says A coloured representation. I doubt they would put coloured coins into circulation. I think they have made a few errors in this announcement but we are yet to see.
Pillar of the Community
Australia
515 Posts
 Posted 01/31/2012  04:54 am  Show Profile   Bookmark this reply Add the-purple-penny to your friends list
See the link though, they did it in Canada, why not here.
Pillar of the Community
Australia
4411 Posts
 Posted 01/31/2012  06:14 am  Show Profile   Bookmark this reply Add enworb to your friends list
Without knowing anything about the coloured coins I would imagine the colour would wear off very quickly. Is I just a print on top of the metal pr do they actually colour the metal coat?
New Member
Australia
42 Posts
 Posted 02/24/2012  07:58 am  Show Profile   Bookmark this reply Add Claired to your friends list
I'm so interested to see if this happens, maybe they are doing it on a small coin to reduce costs with the colour?
Bedrock of the Community
Australia
21788 Posts
 Posted 02/24/2012  08:44 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
How about making the Australian $2 coin out of coloured anodised aluminium? The colour won't wear off all THAT quickly , THEN commemorate the issuing of them into circulation one year later?
Pillar of the Community
Australia
552 Posts
 Posted 02/25/2012  4:58 pm  Show Profile   Bookmark this reply Add mrcruise to your friends list
The specs for this coin do not mention size
Perhaps it will be a larger $2 coin but thinner than current aka NZ currency
I don't think it is the right move - Commemoratives for 50c + $1 only - even 20c is pushing it a bit
Pillar of the Community
Australia
4411 Posts
 Posted 02/25/2012  8:16 pm  Show Profile   Bookmark this reply Add enworb to your friends list
Whilst the media doesn't usually care about coins I would think that if it was announced they were changing the size and adding colour to the $2 coin that it would have to surface in a news report somewhere. The hypermetallic 50c did.
Pillar of the Community
Australia
507 Posts
 Posted 02/26/2012  09:06 am  Show Profile   Bookmark this reply Add FNQ to your friends list
The specs for the coin indicate it will be a standard issue $2.

While some may be concerned about the size, I do think the design is simple, and should be adequately functional on this coin.

I expect the coloured poppy to be the central element surrounded by concentric text acting as a background, with the text-based theme and denomination in larger text bordering the rim.

Potentially this coin could be released as early as April in time for Anzac Day, but could see release at any stage up until November.

I'm expecting circulation demand for the $2 to be in the vicinity of 20+ million this year, so do view this coin as a definite goer.

You can be pretty sure that the mint will garner substantial publicity for this circulation release, and I would suspect there would also be an event tie-in.
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