Posted 04/24/2025 09:14 am
One might logically assume it to be silver, and 10 grams of silver would be worth about AU$17 at current prices, if it were pure silver. But...
It is odd that neither the coin nor the packaging mention any silver content. From a legal point of view, "no mention" almost certainly means "it isn't", since any insinuation of PM content would be open to legal challenge. Which precious metal would be implied? Silver? Platinum, rhodium, iridium? Especially when one compares this "product" with other Coin Company products actually made of PMs, which loudly and proudly proclaim their PM content on the coin itself as well as the packaging.
Ignoring the sales blurb on the AP website and focussing on the coin itself and the mint packaging, the wording on the packaging seems to be redefining the phrase "uncirculated bullion" to describe a coin finish, analogous to "proof" or "uncirculated", but apparently synonymous with "matte oxidized uncirculated", since that seems to be the finish they've applied, judging by the photographs.
In other words, "uncirculated bullion" describes the coin's appearance, not any implied metal content. Given there is no actual indication of metal content anywhere, I think it would be logical to assume there isn't any.
A large chunk of the AU$35 you're paying for this product is going towards the film studio to pay for the trademark right to make these things. That's not leaving much wiggle room for any actual PM content.
It is odd that neither the coin nor the packaging mention any silver content. From a legal point of view, "no mention" almost certainly means "it isn't", since any insinuation of PM content would be open to legal challenge. Which precious metal would be implied? Silver? Platinum, rhodium, iridium? Especially when one compares this "product" with other Coin Company products actually made of PMs, which loudly and proudly proclaim their PM content on the coin itself as well as the packaging.
Ignoring the sales blurb on the AP website and focussing on the coin itself and the mint packaging, the wording on the packaging seems to be redefining the phrase "uncirculated bullion" to describe a coin finish, analogous to "proof" or "uncirculated", but apparently synonymous with "matte oxidized uncirculated", since that seems to be the finish they've applied, judging by the photographs.
In other words, "uncirculated bullion" describes the coin's appearance, not any implied metal content. Given there is no actual indication of metal content anywhere, I think it would be logical to assume there isn't any.
A large chunk of the AU$35 you're paying for this product is going towards the film studio to pay for the trademark right to make these things. That's not leaving much wiggle room for any actual PM content.
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
