Extremely Limited Mintages For Discover Australia Gold Coins

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Author	Replies: 6 / Views: 2,364
bobby131313 Forum Dad United States 24218 Posts	Posted 03/16/2012 1:19 pm Sales of the 2012 Discover Australia 99.99% pure gold proof coin series opened this month. The gold coins feature five animal designs depicting a Green and Gold Bell Frog, Whale Shark, Kookaburra, Red Kangaroo, and Goanna. Issued as Australian legal tender, the coins can be acquired individually in 1/2oz, 1/10oz, or 1/25oz sizes. Five-coin sets are also available for each different size. Extremely Limited Mintages No more than 500 1/2oz, 1,000 1/10oz and 2,500 1/25oz coins featuring each design will be issued by The Perth Mint. Shop CCF Members on eBay. Report this Post to the Staff

biggfredd Rest in Peace United States 9104 Posts	Posted 03/16/2012 6:32 pm Interesting that they're making 250 oz of halves, but only 100 oz of the other two. Report this Post to the Staff
MobOfRoos Pillar of the Community Australia 762 Posts	Posted 03/18/2012 6:57 pm Wow you need deep pockets though. 1/25oz is $145 per coin 1/10oz is $329 per coin 1/2 oz is $1,495 per coin Can anyone explain to me why the 1/25oz has a $70 premium over gold bullion price but the 1/2oz has a $700 premium over gold bullion price? Surely the coin minting costs wouldn't be that much different. Edited by MobOfRoos 03/18/2012 8:49 pm Report this Post to the Staff
enworb Pillar of the Community Australia 4411 Posts	Posted 03/18/2012 7:02 pm Good point mobofroos. Even the 1/25 is too much for me. That is a darn ugly Kookaburra! and a very skinny looking roo. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 03/18/2012 7:42 pm Quote: Can anyone explain to me why the 1/25oz has a $70 premium over gold bullion price but the 1/10oz has a $700 premium over gold bullion price? Surely the coin minting costs wouldn't be that much different. Your calculator's broken? .04 = 66.40, 78.60 premium, 3625/oz, 1965 premium .10 = 166.00, 163.00 premium, 3290/oz, 1630 premium .50 = 830.00, 665.00 premium, 2990/oz, 1330 premium No clue where you got your numbers. Edited by biggfredd 03/19/2012 04:21 am Report this Post to the Staff
trout1105 Pillar of the Community Australia 7096 Posts	Posted 03/18/2012 7:53 pm http://www.perthmint.com.au/metalPrices.aspx They will buy the 1/2 oz coin back for $764.14 tho Edited by trout1105 03/18/2012 7:53 pm Report this Post to the Staff
MobOfRoos Pillar of the Community Australia 762 Posts	Posted 03/18/2012 8:48 pm Quote: Your calculator's broken? oops, my bad That second example should have read 1/2 ounce. I'll edit my post Report this Post to the Staff
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