New 2006 $1 Unc Coin Is.....................

this is very disturbing to me as a collecter of one dollar coins to hear the mint is sourceing blanks from korea ,

I hate to say but Bigfella makes a valid point.

It comes down to you pay for what you get.

Lars...I am glad we agree on something!!!! The quality of the coins the RAM produces is equal to if not better than most mints around the world. I have seen some euro mint sets that leave a lot to be desired. Even some Royal Mint(UK)coins have imperfections. I wish the RAM went with Aussie made blanks. I suppose though based on recent trends expected by the government, government departments must not only cut costs but pay for themselves. This is seen by the departments like Centrelink (social security) bidding for outside work like bill paying services and the ATO (tax office) bidding on the supply of family payment service. The mint is no exeception. It bids on coin manufacturing for other countries such as New Zealand. It therefore must get the cheapest blanks that still meet specification. If that happens to mean importing the product, business rules would dictate that means this must occur.

Although I do not agree with the government doing this...in a competitive world you must do what you have to do to be competitive.

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Originally posted by KLD

I hate to say but Bigfella makes a valid point.

It comes down to you pay for what you get.

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My issue is that these are the 2006 flagship coin for the Royal Australian Mint. They are on sale to all the visitors to the mint. Parents, children, aunts and uncles, and hundreds of thousands of tourists. And what does the mint serve up to them? Exceptionally poor quality control.

There is no valid point is simply saying that we get what we pay for, or that they are made the same way normally circulated coins are made. They are NCLT and represent some supposedly significant personnage or point of time in our history. The vast majority will stay in private hands for a significant period of time. The issue must always remain one of quality. If your not interested in the feelings, thoughts or requirements of your customer, let someone else do it!

Well my 2006 dollar is bought and paid for! Now I just have to wait for the silver bird to bring it to the U.S. Figured I had better go ahead as the prices on the darn things have risen drastically over the last 3 days? Hard to flgure but I didn't want to pay $20 for something I could get now for $5, especially after it was hand minted at the mint!

I will do just that! Can any of you Aussies explain why folks are already willing to pay $12 to $20 for these coins on ebay. Most of the ones offered were "hand stamped" at the mint but won't that be available all year? I know the Gallopoli dollars are through the roof but I was assuming those were limited?

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Originally posted by crystalk64

I will do just that! Can any of you Aussies explain why folks are already willing to pay $12 to $20 for these coins on ebay. Most of the ones offered were "hand stamped" at the mint but won't that be available all year? I know the Gallopoli dollars are through the roof but I was assuming those were limited?

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Who knows why these are achieving high prices on ebay? Some people go silly I guess.

Yes the "G'mm Galipolli coins were limited.