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More $1 Coins Coming?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 23 / Views: 3,403Next Topic Page 2 of 2
Pillar of the Community
Australia
1364 Posts
 Posted 06/05/2025  11:40 pm  Show Profile   Bookmark this reply Add coaster to your friends list
Received this update this morning.

More-$1-Coins-Coming?
More-$1-Coins-Coming?
More-$1-Coins-Coming?
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United States
187862 Posts
 Posted 06/06/2025  08:09 am  Show Profile   Bookmark this reply Add jbuck to your friends list
Maybe it is just memories from childhood—my mom's ever-present recipe box in the kitchen—but I really like that twelve-coin recipe collection.
Pillar of the Community
Australia
625 Posts
 Posted 06/08/2025  12:02 am  Show Profile   Bookmark this reply Add crab eater to your friends list
So the mintage of the $2 coloured clock ( watch) coin is only 11,000?
This will make it very sought after then.
I just want the $2 coin so have to spend $175 to get it.
ebay prices for this $2 clock (watch) coin ? $500?
Edited by crab eater
06/08/2025 02:03 am
Valued Member
Australia
177 Posts
 Posted 06/08/2025  02:17 am  Show Profile   Bookmark this reply Add jens coins to your friends list
The product issue for the $2 coin in the sets is 11,000. The mintage for the circulated coins will be different to the ones in the sets
You can also get the Coloured $2 coin thru the till in your change from participating NewsXpress stores.
https://www.facebook.com/photo/?fbi...984252308129
Pillar of the Community
Australia
625 Posts
 Posted 06/08/2025  04:48 am  Show Profile   Bookmark this reply Add crab eater to your friends list
Thanks jens coins, so the mintage will be 2 million ?
Valued Member
Australia
383 Posts
 Posted 06/10/2025  9:44 pm  Show Profile   Bookmark this reply Add SallyG to your friends list
It's the eve of the official release and there doesn't seem to be any for sale on ebay yet! Maybe News Express have better controls in place than Woolies or the Post office?

Can anyone tell me if these coins are intended for circulation?
Valued Member
Australia
177 Posts
 Posted 06/10/2025  10:09 pm  Show Profile   Bookmark this reply Add jens coins to your friends list
The $2 coin is for circulation
Valued Member
Australia
383 Posts
 Posted 06/15/2025  04:50 am  Show Profile   Bookmark this reply Add SallyG to your friends list
Apparently the RAM has decided that participating news agents can SWAP bags of 25 coins for $50 for customers who come into the store? That's great for collectors who can get to an agency that participates and will hand over a bag for $50. I would be happy to hand over $50 for a bag but my nearest participating agent is 300km away. I have to resort to buying from ebay scalpers AGAIN.

I wonder how many news agents are happy to swap a bag of coins for $50 knowing that the bag is probably going to be on ebay within minutes for twice the price?

I also wonder how much longer this nonsense will continue? I have asked a couple of friends and family to see if they can help. They say that their local agents have been bombarded with requests. It seems that people are crazy about the $2 coin but are not overly keen on the (over priced) sets on cardboard. Seems similar to recent releases via ballots where some of those coins are still available for purchase? No one wants the lollipop coins but the circulating $2 coins are the ones that are prized.

Why does the RAM do this? Why make collecting so difficult? Surely if these things are meant to generate interest and profit, why not make it convenient for all parties? I bet the poor cashiers at Woolies, Australia Post and news agents are sick of requests for coins rather than the products they normally sell.

Anyway, I don't want to support ebay scalpers but once again, I have no choice.
Valued Member
Australia
177 Posts
 Posted 06/15/2025  06:32 am  Show Profile   Bookmark this reply Add jens coins to your friends list
Sally don't buy from ebay scalpers as buying from them only keeps them doing it.
If they cannot sell them at the over inflated prices they will stop doing it.

There is 2 million of these coins released.

You can buy the 10 coin tube and folder with the bonus $2 coin from the NewsXpress website:

https://mintcoinshop.com.au/
Valued Member
Australia
383 Posts
 Posted 06/15/2025  06:58 am  Show Profile   Bookmark this reply Add SallyG to your friends list
Hi Jens coins. I am only really interested in the circulating coins. The other coins in those tubes are of no interest to me.

I am making up sets of coins to pass on to my next of kin so I need several coins to keep my sets complete. Buying several rolls or sets of the other coins is simply too expensive. I also do not like supporting the Mint by buying junk coins that are made only to exploit collectors. Australia Post tried it years ago by issuing excessive amounts of 'wallpaper' stamps and made stamp collecting too expensive. I only keep the very few stamps that turn up in the mail these days - that is, I don't collect anymore. I am almost at the point of giving up on coins too for the same reason.

The nearest participating agent is around a seven hour round trip drive from me and that is simply not an option. There are no other options available to me. I do not like supporting scalpers but the way the Mint releases these coins it leaves me no other option. I am glad that newsXpress are trying to stop exploitation of collectors by calling out the scalpers on ebay but ultimately people will eventually sell bags via auction anyway. If I want to keep my collections complete, what other option am I left with?
Valued Member
Australia
177 Posts
 Posted 06/15/2025  07:06 am  Show Profile   Bookmark this reply Add jens coins to your friends list
Have you tried Market Place News as they are participating?

List of NewsXpress stores can be found here:
https://www.newsxpress.com.au/birthdaycake
Edited by jens coins
06/15/2025 07:08 am
Valued Member
Australia
383 Posts
 Posted 06/15/2025  6:15 pm  Show Profile   Bookmark this reply Add SallyG to your friends list
Thanks Jens coins. I have looked at that site and while online orders are accepted for some items, the bags of 25 coins can only legally be obtained by exchanging $50 cash for them in person.

This is a recurring problem for me due to me being remote from participating retail outlets and coin swaps. I have no other option than to buy from ebay scalpers (thanks to the RAM and their silly procedures). Sigh...
Pillar of the Community
Australia
625 Posts
 Posted 06/18/2025  05:45 am  Show Profile   Bookmark this reply Add crab eater to your friends list
Imperial are sure to have rolls in the near future.
Local agent said book was sold out Australia wide and only had the carded $1 coins @ $15 each.
Pillar of the Community
Australia
1610 Posts
 Posted 06/25/2025  10:57 pm  Show Profile   Bookmark this reply Add David Graham to your friends list

Quote:

Why does the RAM do this? Why make collecting so difficult? Surely if these things are meant to generate interest and profit, why not make it convenient for all parties? I bet the poor cashiers at Woolies, Australia Post and news agents are sick of requests for coins rather than the products they normally sell.

Ummm... maybe because profit and convenience aren't the same thing. More hype and FOMO means more $$$$ for RAM. Alas, agreements entered into with RAM by Woolies, AP, Anaconda etc are there to generate extra profit for the owners, not make life easy for a lowly cashier. I also would not be surprised if RAM is slowly gearing up to the day when there is no longer any circulating coinage but will still have a loyal fan base of 'collectors'.
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United States
187862 Posts
 Posted 06/26/2025  08:32 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I also would not be surprised if RAM is slowly gearing up to the day when there is no longer any circulating coinage but will still have a loyal fan base of 'collectors'.
The world is going ever closer to being cashless, so I suspect you are correct.
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