| Author |
Replies: 12 / Views: 5,663 |
|
|
Pillar of the Community
Australia
3831 Posts |
|
|
|
|
Pillar of the Community
Australia
539 Posts |
nice set, ASW is just a tiny amount over 3 oz's I look for these myself as they commonly sell for melt of less so they are a good cheap source of silver and they look good!
|
|
Bedrock of the Community
Australia
21786 Posts |
When it comes to pricing I think that quite often, Krause is little better than a random number generator. Unfortunately for this issue, they got it right!
I remember when they were first issued through the coin dealers. With less than 6,000 sets made, they looked like being very good value for money, especially in off metal sterling silver proof for all coins. They are all very nicely struck.
Alas, the aftermarket has always ignored them, and I have no reason why that would be. They will always seem to be a very good value buy, but don't expect to make a profit out of them, even in the long term.
Edited by sel_69l 08/29/2013 11:51 pm
|
|
Pillar of the Community
Australia
539 Posts |
great way to stack silver however!
|
|
Bedrock of the Community
Australia
21786 Posts |
Certainly a great way to stack silver. Nevertheless, those off metal sterling silver definitive coins have high numismatic interest as well, and it would be a shame to break this set up.
|
|
Pillar of the Community
Australia
539 Posts |
the 1st thing I do when I get them is take then apart and put them in sealed mylar sleeves or 2x2's as the original packaging causes them to tone green after a while. remember they are a franklin mint product
|
|
Bedrock of the Community
Australia
21786 Posts |
Actually, I was under the impression that this set was struck at the Royal Australian Mint. The technical finish of these reminds me of work by the RAM, but the packaging doesn't. Can anyone provide more evidence, either way, in this regard?
|
|
Pillar of the Community
Australia
539 Posts |
|
|
Pillar of the Community
Australia
539 Posts |
|
|
Pillar of the Community
4628 Posts |
I just bought one of these sets at the markdown price of $95 NZ and it is stunning. Coins in perfect shape and still packaging after 47 years. The case is flawless no rust or usual toning you expect on 1970s era material.  Normally I would liberate the coins, but are so happy with their state, what do you guys think?  Close up of the Tala and 50 sene  The set was issued as in 1974 Western Samoa changed their coin designs from shields and words (10 sene and up) and stars and numbers (smaller coins). The main coins were in base metals, with again the Tala not being a circulating coin (The $1 tala circulating coin came out in 1984 in heptagonal brass). Like other silver proofs, these coins have the same dimensions and size as base metal but weigh a bit more given the density of silver.
|
|
Bedrock of the Community
Australia
21786 Posts |
Better left where they are.
Keep these coins in their sealed clear flexible packaging. Nevertheless, somewhat surprising that are still free from toning, because I believe the sealed packaging for these is soft PVC, which hasn't been recommended for long term storage of proof coins for the last 40 years.
Problem is that if they were taken out of the clear sealed packaging, they would then be subject to (perhaps unsightly?) toning due to air exposure and maybe microscopic contaminants that may have found their way into the box over the last 47 years. Somewhat of a pity that the recesses in the box cannot used for the coins, because the packaging gets in the way.
|
|
Moderator
 United States
187862 Posts |
Missed out on this the first time. Lovely looking sets. 
|
|
Pillar of the Community
4628 Posts |
Thanks sel_69, I am shocked too, how fresh the packaging and the case look. Even the cardboard box looks nice. I suspect if these are Singapore mint, they are higher quality than The Royal Mint, Australian and Franklin Mint stuff of the 70s and the plastic is rigid, not soft, suggesting it may be an early type of Mylar or at least a semi hard shell material. I am loathe to remove these coins if at all, as Auckland is humid and they will blacken in no time and like you said, they were chemically sealed decades ago and a modern thermoshock could have a bad effect on them.
|
| |
Replies: 12 / Views: 5,663 |
|