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 Replies: 19 / Views: 4,699 |
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Valued Member
United States
384 Posts |
Edited by AlmostCollectible
06/03/2011 01:33 am
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Moderator
 United States
14463 Posts |
at over 3 times spot price, nope
if it was something I was very interested in, I would still have issues with that price
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Moderator
Australia
16829 Posts |
I would point out that, technically, it's not an "Australian" coin. If the Perth Mint's marketing department can't convince the Australian Treasury that a certain design isn't appropriate for Australian coins, then the Perth Mint gets one of it's flags of convenience - in this case, Tuvalu - to authorize it instead. "5000" isn't the mintage, it's the "mintage cap" - if they don't get orders to sell all 5,000 then they won't mint so many. Historically, the Perth Mint has often had trouble selling up to the mintage cap. We won't know what the actual mintage will be until later. And I couldn't vote, because there isn't an "I loathe them and wish someone would take them and bury them all on the darkside of the moon" option in the poll.  Quote:
at over 3 times spot price, nope It's the standard issue price for Perth Mint collector coins these days. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
Australia
318 Posts |
I agree with the above post from Sap. I wouldn't put any value on this coin other than a "novelty" value. In my opinion the coin would only be worth the price of silver... unless you were a collector of Tuvalu coinage.
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Valued Member
 United States
384 Posts |
I see. It looks like they do sell for about the same on ebay as well. I am assuming most of those are Transformers memorabilia collectors as opposed to Tuvalu coin collectors.. |
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Valued Member
Cyprus
349 Posts |
some of the Perth Mint coins go up in price some don't. |
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Valued Member
195 Posts |
An over expensive novelty,in this case its a coin Kmart, Big W ,Walmart ,Toys'r'us ,Target sell same theme but diffence is they sell stuffed toys,games,software Novelty until next new movie then theirs another batch of novelties and former ones are forgotten |
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Bedrock of the Community
Australia
21788 Posts |
You had all better believe Sap, he has got it 100% right. They are as equally successful as the Royal Australian Mint in the marketing of NCLT's, but they do not make Australian coins for circulation. Perth Mint also has a very successful bullion coin business. |
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Pillar of the Community
United States
1064 Posts |
I'm with Sap, and I'm sorry to see another commercial, just overwhelmed with them in today's world...
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Bedrock of the Community
United States
10038 Posts |
 Hmm... it seems to me in the past I once told a friend (something to the effect of) coins were becoming so commercialized the next thing we would see would be Ninja Turtle quarters! I don't know. Maybe my age is showing. But I miss the days when special coins were made commemorating historic events such as the US bicentennial. Although I admit some of the contemporary designers hit an area I like, I dislike seeing massive amounts of commercialism on coins. What next - a tribute to the invention of the Big Mac or Twinkie? |
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Pillar of the Community
United States
4778 Posts |
how do these things even get past the idea stage?
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Valued Member
Poland
114 Posts |
There are probably enough people buying them to make minting them profitable.
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Pillar of the Community
United States
1391 Posts |
AlmostCollectible, I saw you post and thought...  |
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Valued Member
195 Posts |
Great demotivational allranger send that to Perth Mint |
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New Member
Australia
4 Posts |
I don't believe in coloured coins at $115 an OZ
I was talking to a Melbourne dealer about them,he said they haven't minted all of them yet
They wait until they have enough orders,The Germans mints order colored coins & repackage them them self's.
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Valued Member
United States
406 Posts |
I hope the US mint doesn't get word of this, it might give them ideas... I don't want to have to buy a Dansco album for the new 2022-2036 Autobot Quarter series.  |
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Replies: 19 / Views: 4,699 |
Posted 06/03/2011 02:27 am
