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New $2 Coin - Dawn Service, Not Released Yet But Already Selling!

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SallyG's Avatar
Australia
382 Posts
 Posted 03/16/2026  04:37 am Show Profile   Bookmark this topic Add SallyG to your friends list Get a Link to this Message Number of Subscribers
Just found out by accident while looking at ebay lots, that there is another new $2 coin about to be released. "Dawn Service" colored coin and it looks like a nice design and I am interested in getting one for my collection.

I usually get emails from dealers and the RAM that there is a new coin about to be released for sale but I haven't seen anything yet aboutthis coin. However, these coins are already selling despite not being officially released until next month. It makes me wonder how those 'buyers' found out about those coins so quickly. Those coins that have been sold so far were offered as "buy it now" or "best offer" - not as an auction over several days. The 'buyers' must have had prior notice that those coins would be available? How else did a dozen or so coins that have not been released yet (or advertised for sale through normal channels) get sold within three days and for similar prices?

Call me a cynic but to me it looks like dealers with early access to these coins 'sell' in house to set a price. If those sellers aren't dealers then who are they and how do they have guaranteed access to the coins to sell? Going to be interesting to see what genuine buyers actually pay for these coins once they are released. I'm very sceptical that a handful of coins are sold prior to the official release and they all get sold for similar prices without being 'auctioned' and this a genuine and legal practice. I really hope I am wrong and would love to be proven wrong. Anyone know anything about what is going on?

Pillar of the Community
Australia
1364 Posts
 Posted 03/16/2026  06:13 am  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply
New-$2-Coin---Dawn-Service,--Not-Released-Yet-But-Already-Selling!
I just had a quick look on ebay and there are 10 different sellers (or so perceived) offering the Dawn Service coin atm and interestingly nearly half have quite a lot of other coins up for sale as well ... read into this what you might!
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jbuck's Avatar
United States
187626 Posts
Valued Member
SallyG's Avatar
Australia
382 Posts
 Posted 03/16/2026  7:17 pm  Show Profile   Bookmark this reply Add SallyG to your friends list Get a Link to this Reply
Its interesting to note that a few sellers have SEVERAL coins for sale despite not being released yet. Having a closer look at the sellers and there seems to be something "mystic" going on with very similar names and all based in the same region. Lots of peculiar coincidences there. Certainly looks like dealers selling coins (and maybe setting prices?) prior to release. I really can't see how anyone else could have so many coins for sale so early before release. Collectors getting stooged again?

If these sellers are dealers then it makes a mockery of ANDA's claim that "ANDA was established to "develop co-operation between dealers, to promote the interests of the hobby of numismatics in both collectors and commercial spheres and also develop ethical standards." I find it very hard to believe that anyone other than a RAM-authorised dealer would have access to so many unreleased coins for sale.

I would love to know how anyone who is not a dealer could get access to so many unreleased coins. Can anyone enlighten me please?
Valued Member
SallyG's Avatar
Australia
382 Posts
 Posted 04/26/2026  01:25 am  Show Profile   Bookmark this reply Add SallyG to your friends list Get a Link to this Reply
It looks like I can answer my own question now. The upcoming release of $2 Bluey-themed coins is going the same way. Same sellers on ebay selling coins that have not been officially released yet. Collectors being treated with contempt and being ripped off? You can be the judge.
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jbuck's Avatar
United States
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