Australia Has Bluey Coin Distribution Problems, Are Coins Going Out The Back Door?

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Author	Replies: 3 / Views: 781
CCFPress Press Manager United States 1420 Posts	Posted 09/19/2024 07:43 am Numismatic News - It appears Australia has leaks in its distribution system, with coins going out the back door rather than through official channels. Is there a leak in the Australian coin distribution system? A warehouse worker has been arrested for stealing "bags" of the popular color-enhanced circulation strike 1-dollar coins celebrating the television comic character Bluey, while 2-dollar Australian Olympic and Paralympic coins meant to be available through a grocery store are showing up for sale online. Read More: https://www.numismaticnews.net/coin...on-problems. Report this Post to the Staff

jbuck Moderator United States 188193 Posts	Posted 09/19/2024 08:25 am There is some previous discussion in this topic... http://goccf.com/t/466257 Starting here... http://goccf.com/t/466257&whichpage=2#4112138 Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
SallyG Valued Member Australia 383 Posts	Posted 10/03/2024 12:43 am It's been going on for years now. I guess the RAM benefits from it because it artificially inflates the values of collectable coins. A shame that no one can do anything about it. Report this Post to the Staff
Sap Moderator Australia 16817 Posts	Posted 10/03/2024 5:56 pm Quote: I guess the RAM benefits from it because it artificially inflates the values of collectable coins. Inflated values on the secondary market don't really directly impact on the Mint's profits - they aren't in the secondary market. It only very indirectly benefits them from having higher demand for coins generally. But meanwhile, they're losing profits form stolen coins. 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 Report this Post to the Staff
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