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Perth Mint New Releases June 2012

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bobby131313's Avatar
United States
24165 Posts
 Posted 06/04/2012  2:14 pm Show Profile   Bookmark this topic Add bobby131313 to your friends list Get a Link to this Message Number of Subscribers
The June Bulletin includes ten new coin releases, including the Discover Australia proof platinum coins for 2012; a 5oz Year of the Dragon silver proof coin; and the Manta Ray 1/2oz silver proof coin -- our final release from Australian Sea Life II. Browse these and other new products in the latest digital Bulletin now:
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elkslayer132's Avatar
Canada
981 Posts
 Posted 06/04/2012  2:53 pm  Show Profile   Bookmark this reply Add elkslayer132 to your friends list Get a Link to this Reply
Map coin almost sold out
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cheney's Avatar
Canada
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 Posted 06/04/2012  4:08 pm  Show Profile   Bookmark this reply Add cheney to your friends list Get a Link to this Reply
I ordered 3 map coins. I believe it is a good buy since:

* first one in the series
* mintage at 6,000
* irregular shape
* coin dealer is jacking up the price right away

The second in the series will be issued by the end of the year and it will be an Emu...
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elkslayer132's Avatar
Canada
981 Posts
 Posted 06/04/2012  6:58 pm  Show Profile   Bookmark this reply Add elkslayer132 to your friends list Get a Link to this Reply
I picked up 5 map coins myself I think they will be the best seller of the set being the first one and all.


Also there are only 64 left at the mint another first day sell out will happen very soon on this one.
Edited by elkslayer132
06/04/2012 7:01 pm
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trout1105's Avatar
Australia
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 Posted 06/04/2012  7:54 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I had a look at these map coins and quite frankly they don't ring any bells for me.
IMHO they are simply a bullion bar in the shape of Aus and are simply an oddity not a coin.
Don't get me wrong I enjoy most of the NCLT coins from RAM and the Perth Mint but these are just absurd.
Round ,square or rectangular silver is fine but this
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bystander's Avatar
United States
30 Posts
 Posted 06/04/2012  8:20 pm  Show Profile   Bookmark this reply Add bystander to your friends list Get a Link to this Reply
map coin sold out.
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 06/04/2012  9:45 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply


Quote:

... simply an oddity not a coin.


I guess you haven't checked out the hot RCM stuff. We Canadians seem to be drawn to oddities:


A Maple Leaf form factor with an engraved painting on it (Two Loons) that is sold as a dollar
A glow-in-the-dark dino skeleton.
A glass ladybug or bumblebee attached to a painted flower.


This map coin is definitely waaaay out there. Although, isn't it based on the 2010 Expo release?
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trout1105's Avatar
Australia
7096 Posts
 Posted 06/04/2012  9:52 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I guess you haven't checked out the hot RCM stuff. We Canadians seem to be drawn to oddities

Yes I have noticed that some Canadians are drawn to outlandish concepts on coins
I wonder if the Perth Mint did a sheep coin with a glass blowfly on it, Would it be a winner as well
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shaden's Avatar
Australia
59 Posts
 Posted 06/05/2012  03:12 am  Show Profile   Bookmark this reply Add shaden to your friends list Get a Link to this Reply
just bought the $1 map of Australia Kookaburra 1 oz, had to get it through downies as its already unavailable at Perth mint, think it was only released today too.
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trout1105's Avatar
Australia
7096 Posts
 Posted 06/05/2012  04:06 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
just bought the $1 map of Australia Kookaburra 1 oz, had to get it through downies as its already unavailable at Perth Mint, think it was only released today too.

looks like the "scalpers " got in there quick
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Canada
234 Posts
 Posted 06/05/2012  08:01 am  Show Profile   Bookmark this reply Add ksimms3 to your friends list Get a Link to this Reply
I just noticed the map coin too bad I missed out
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appleangel07's Avatar
Australia
1607 Posts
 Posted 06/05/2012  08:47 am  Show Profile   Bookmark this reply Add appleangel07 to your friends list Get a Link to this Reply
You can still get them at the Mint price from Seller who sell Mint products.
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shaden's Avatar
Australia
59 Posts
 Posted 06/06/2012  07:30 am  Show Profile   Bookmark this reply Add shaden to your friends list Get a Link to this Reply
your right trout, scalpers already have them on ebay at marked up prices,
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United States
43 Posts
 Posted 06/06/2012  07:59 am  Show Profile   Bookmark this reply Add mrbrklyn to your friends list Get a Link to this Reply
I like the Manta ray...looks nice and different. But at 10 coins a month, I think they are well on the way to saturating their market.
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trout1105's Avatar
Australia
7096 Posts
 Posted 06/06/2012  08:06 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
your right trout, scalpers already have them on ebay at marked up prices,

I have been watching this scenario going on in Canada and if it gets entrenched in Aus it will be bad news for NCLT collectors here.
The dealers and the flippers will clean out the mint on new releases and slowly "release" these coins at an inflated rate if this happens
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 06/06/2012  4:06 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

The RCM has a Master's Club. A buyer is automatically enrolled and kept enrolled if they purchase CAD$1000 or more of product a year.

In addition to free shipping, MC members get a 1-2 weeks to purchase some offerings before the general public (but after dealers). The result is some hot items are sold out before the general public gets a chance, and perhaps even before they even know about it.

There are generally limits on low mintage RCM offerings. Perhaps the Perth Mint needs to introduce limits.

For Canada, 6000 would be a somewhat but not extraordinarily low mintage. With US next door, even a small demand from the US can be a significant factor.
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