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Got To See A 10kg Perth Silver Coin Today

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enworb's Avatar
Australia
4411 Posts
 Posted 04/18/2012  01:01 am Show Profile   Bookmark this topic Add enworb to your friends list Get a Link to this Message Number of Subscribers
Went into Adelaide exchane jewellers and they had one under the glass cabinet. Those things are huge!!!

Luckily I make a habit of carrying around $10,000 of cash in my shoe so I quickly snapped it up ....

Fairly pointless post but why not
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FNQ's Avatar
Australia
507 Posts
 Posted 04/18/2012  01:39 am  Show Profile   Bookmark this reply Add FNQ to your friends list Get a Link to this Reply
... and where's the pics?
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Mrpiedfort's Avatar
Canada
663 Posts
 Posted 04/18/2012  4:18 pm  Show Profile   Bookmark this reply Add Mrpiedfort to your friends list Get a Link to this Reply
CCF Sponsor
LondonCoin's Avatar
Canada
149 Posts
 Posted 04/21/2012  12:52 am  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
I was offered a 10kg Dragon a couple days ago. I thought $15000 CAD was to much.. what do you think?
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enworb's Avatar
Australia
4411 Posts
 Posted 04/21/2012  04:42 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Spot is only around $10,000 isn't it?
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trout1105's Avatar
Australia
7096 Posts
 Posted 04/21/2012  05:00 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I was offered a 10kg Dragon a couple days ago. I thought $15000 CAD was to much.. what do you think?

About 50% over spot, work it out from that
Valued Member
joshtammi's Avatar
Australia
258 Posts
 Posted 04/21/2012  05:17 am  Show Profile   Bookmark this reply Add joshtammi to your friends list Get a Link to this Reply
Speaking of Perth Mint, just ordered the two coin diamond jubilee set from them, only 1000 sets and selling fast :) can also be had with free postage at the moment!!
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enworb's Avatar
Australia
4411 Posts
 Posted 04/21/2012  05:21 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Joshtammi do you just buy perth stuff to re sell or do you actually collect it?
Valued Member
Australia
157 Posts
 Posted 04/21/2012  06:47 am  Show Profile   Bookmark this reply Add bellyflorin to your friends list Get a Link to this Reply
Here's how they make them , and the gold 10kilo one , the Perth Mint sells silver coin for $12,630au last time I looked, and the gold over 1/2mil I think. http://www.youtube.com/watch?v=LGEv...=uploademail
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trout1105's Avatar
Australia
7096 Posts
 Posted 04/21/2012  06:55 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Joshtammi do you just buy perth stuff to re sell or do you actually collect it?

Nothing wrong with flipping.
Me I just buy the damned things and rip them out of the plastic and into a 2x2 and add to my collection
Pillar of the Community
enworb's Avatar
Australia
4411 Posts
 Posted 04/21/2012  07:17 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
I didnt imply there is anything wrong with it, I do it. I wanted to know if there is much to be made from it because I've never touched Perth Mint stuff.
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trout1105's Avatar
Australia
7096 Posts
 Posted 04/21/2012  07:39 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I didnt imply there is anything wrong with it, I do it. I wanted to know if there is much to be made from it because I've never touched Perth Mint stuff

Nothing wrong with the Perth Mint coins
Valued Member
joshtammi's Avatar
Australia
258 Posts
 Posted 04/21/2012  7:25 pm  Show Profile   Bookmark this reply Add joshtammi to your friends list Get a Link to this Reply
Depends, Some I buy to keep, some ill sell if the price is high enough straight off the sale, I collect the famous battles of Australia and the Discover Australia Coins with the animals. then I've got a few randoms like the Ginger Meggs coin cause I loved that comic etc. others such as the Koala Opal coin I didnt have too much interest in at the start and bought purely to see what the price would do as it seemed to be the next big thing, but now it's grown on me!
Valued Member
joshtammi's Avatar
Australia
258 Posts
 Posted 04/21/2012  7:31 pm  Show Profile   Bookmark this reply Add joshtammi to your friends list Get a Link to this Reply
as for much to be made, it all is a gamble really, but I do believe that in the short run - say 6 - 12 months, I notice that the PM coins will rise faster than the RAM Coins (only very few though, most PM products stay at issue) for example the Opal Koala is already being paid over $200 consistently and more overseas on ebay and it only came out 2 months ago for $130.

Normally for RAM coins to mark up that much it takes a few years I've noticed.

Then the Perth Mint has some real shooters that go crazy with collectors such as the Redback and the Tasmanian Tiger. Would have been lucky if you secured 5 of those when they came out! I was hoping the Opal one will do the same, it looks like its steadily increasing but who knows really.

And of course my latest purchase, the Diamond Jubilee two coin set, that is more of a half half, I am happy to keep as I have many of the Queen diamond Jubilee coins from RAM/PM etc, but with such a low mintage and a large milestone I can only assume this will rise. If it goes to a good price that is more than I can justify keeping it, I will sell it, if not I'm still happy I bought it!
Edited by joshtammi
04/21/2012 7:33 pm
Valued Member
joshtammi's Avatar
Australia
258 Posts
 Posted 04/21/2012  7:37 pm  Show Profile   Bookmark this reply Add joshtammi to your friends list Get a Link to this Reply
Currently three on ebay, two are $50 above issue and one is auction currently with 41 bids and $6 above issue.

http://www.ebay.com/itm/2012-QUEEN-...em20c4d2d949

make that 42 and $11 over issue. Its funny cause they aren't sold out at PM yet, I recommend, its actually quite a nice coin with selective gold plate. also I got free shipping so that was even better cause normally it's over $300 for free shipping but I ain't complaining!

http://www.perthmint.com.au/catalog...oin-set.aspx
Edited by joshtammi
04/21/2012 7:42 pm
Pillar of the Community
enworb's Avatar
Australia
4411 Posts
 Posted 04/21/2012  8:01 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Did I hear or read correctly somewhere that you have to supply your birth certificate etc to Perth Mint and only after they have verified your identity will they send stuff out. Maybe people feel its not worth the hassle and cant be ....
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