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 Replies: 17 / Views: 5,017 |
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Valued Member
Australia
163 Posts |
Got the Royal Aus Mint catalogue in the post yesterday, along with a 'ballot' for the 2012 $10 Gold Proof Coin - Wheat Sheaf.
Anyone else going for this one ?
Mintage of 2500 possibly too high for real value ?
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Pillar of the Community
Australia
7096 Posts |
How many more coins are they going to invent for 2012  The amount they have on offer now is insane  And yet not one single 2012 coin has been found in circulation as of yet. Gotta make you wonder |
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Valued Member
 Australia
163 Posts |
Sort of feels like that. Maybe they'll release a privy mark in a privy mark. Anyway, at 1/10 Oz gold, currently about $160 worth of gold, for $360.. Thinking it could be bound for ebay very quickly... |
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Pillar of the Community
Australia
1244 Posts |
Hmmm, I don't know about the price $360 is a real stretch for a 1/10th OZ gold coin. I would like one but not paying that much for it. Last year was only $265+ $10 post And I just recently picked one up on ebay under release so there is nooooooooooooo way I am paying retail on this puppy. |
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Valued Member
180 Posts |
Hello everyone,my wife is on the mints mailing list and we read the ballot offer
Whats the odds of winning this?
I can't afford to buy it
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Pillar of the Community
Australia
507 Posts |
Odds of striking the ballot are pretty good at the moment I would say with a 2500 mintage, and the current premium price (about $100 over what it should be). Probably the one thing in its favour, is that at least this coin would be in more demand than one of the Chinese "year of whatever" coins. Other than that, stick to ebay, where you will no doubt be able to pick these up for less than issue price delivered. |
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Valued Member
Australia
163 Posts |
I think this was drawn today.
When would the mint send out notification to people who were selected ?
-rob
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Pillar of the Community
Australia
515 Posts |
I'd give it a couple of weeks, you might get an email but you might just realise you are successful when you see the charge on your credit card.
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Valued Member
180 Posts |
We decided not to enter ballot mainly because of the cost and not a collectible coin just a coin oppertunity for some ebay sellers to try and make profit by resale |
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Valued Member
Australia
163 Posts |
I'll keep an eye out on the c/c balance then :)
There is a part of me that wants it, and a part of me that doesn't(my wallet)
Will take it as it comes.
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Pillar of the Community
Australia
869 Posts |
Maybe the RAM expected gold to go up with the economy looking so lack-lustre. But gold & silver are starting to drop again. Is it them forecasting or just "clearly" overpricing?
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Pillar of the Community
Australia
515 Posts |
This is the first ballot in quite a few years that I've decided not to go in.
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Valued Member
180 Posts |
Interesting to see if the mint gets a full order What put us off was not only the expense but we don't trust the ballot system where in the past certain people "won" a lot and immediate sale on the ebay |
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Formerly nancyc
Australia
5385 Posts |
life is a mystery to be lived not a problem to be solved
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Valued Member
Australia
163 Posts |
Quote:
Interesting to see if the mint gets a full order
What put us off was not only the expense but we don't trust the ballot system where in the past certain people "won" a lot and immediate sale on the ebay A few on ebay already. First one sold for $345. Under release price. One due to finish shortly, still at $350. |
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Pillar of the Community
Australia
515 Posts |
Both that have sold now on ebay have gone for under the $360 issue price (not counting postage for buyer, but seller loses out with fees also). |
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Replies: 17 / Views: 5,017 |
Posted 03/30/2012 08:51 am
