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 Replies: 12 / Views: 2,642 |
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Pillar of the Community
Australia
853 Posts |
The new Renniks price guide is now available. This is another essential reference for the lovers of Aussie coins.
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New Member
United States
21 Posts |
I have recently purchased the new Rennik book, and I really like it a lot. It's a lot easier to read and far more accurate than the Krause books I have been using. Lately I have been interested in the Kookaburra series, and although Rennik mentions the bullion coins, the prices shown are for proofs only. The Red Book for US coins has a separate section for bullion coins. Is there another publication for Australian coins that would have bullion coin values? These coins are sold for more than melt value and it would be nice to know what the prices should be. Any help would be greatly appreciated. |
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Moderator
 United States
23491 Posts |
Yes
You want the book we refer to as Maccas
It is Macdonald's Pocket Guide to Australian Coins And Banknotes (14th Edition)
You can purchase it by going to the link on Bigfellas signature or by looking up downies north america
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Pillar of the Community
United States
1327 Posts |
I got the 13th edition of the Pocket Guide to Australian coin and Banknotes. I have not been able to put it down for the last 4 days other then to work,drive and sleep. I think it is a great book.
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Pillar of the Community
United States
819 Posts |
I really need to get myself one of those. *sigh* But I haven't wanted to pay thirty dollars for a book without at least getting to look inside the cover first, yanno?
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Rest in Peace
Australia
661 Posts |
Kitty, I think if you check on Abe Books or Amazon you will probably find last year's edition going cheap. regards, |
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New Member
United States
21 Posts |
Thank you very much.  I will look for the Maccas right away. |
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Rest in Peace
United States
3730 Posts |
I have the 13th edition. I think I bought it from Bigfella.
Anyway, it's a great book.
I probably need to find enough funds to buy the 14th edition.
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New Member
United States
21 Posts |
I recently received the 14th edition of the McDonald book. It is a great book. It has given me most of the information I needed on the Kookaburra series, but where I run into a problem is on the Lunar series after the year 2000. Again, as in the Renniks book, the specimen issues are mentioned but there are no prices for them. The prices are only available for Proofs and some special issues. |
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Pillar of the Community
 Australia
853 Posts |
Specimen coins are not prices as they are made as a bullion item so price depends on metal spot prices.
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Bedrock of the Community
United States
14454 Posts |
Bigfella, I was wondering if you sell the Britannia 1 OZ Silver coins. The reason I ask is because I don't see any on your site and I have been looking for a few specific dates and figured I would throw some business to a forum member before I tried elsewhere to find them
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New Member
United States
21 Posts |
quote:
Specimen coins are not prices as they are made as a bullion item so price depends on metal spot prices.
You are right Bigfella that the Lunar specimen coins are issued as bullion but, just as with the Kookaburra coins, they do have an issue price, and that price is considerably above melt. What I usually do with sources like Krause that give the bullion values the prices are based on at the beginning of each book is factor in the fluctuations when estimating the current value of a coin. McDonald did very nicely with the Kookaburra series, although they did omit the 2006 Specimen coin, and perhaps they will be able to catch up with the Lunar series in the future. One thing for certain is that the Mints are not terribly forthcoming with any information on previous issues (unless I simply have not found the proper sources), and it makes researching anything much more difficult. |
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Pillar of the Community
Australia
853 Posts |
The Perth Mint does not have an issue price or RRP on bullion. When buying they effectively quote a metal price and a premium on a given day and added together this will be the sell price. The problem is that because of relatively small production compared to say the US mint, the premium is high making the overall price relatively expensive as bullion compared to the equivilant foreign bullion. Secondary market Perth Mint bullion is generally competitive so in theory someone must cope the loss ie the original buyer). In practice, small weight kookas, lunars, AGN and Koalas have a large following anyway so I suppose collectors rather than bullion buyers form a large portion of the primary market. |
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Replies: 12 / Views: 2,642 |
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Posted 08/21/2007 12:30 pm
