Ocean In View-Not Hardly

I think that most of the coin collectors have a 'throw your hands in the air' attitude when it comes to ordering from the Mint. During the first week of a new coin or coin set, their web site is totally unresponsive and the phone number advises you to call back. I have decided to either brave the frustrations of trying to buy something on the first day or take my chances on waiting until the rush is over.

"these offerings should be for collectors, not speculators hoarding large quantites"

The mint in Australia caused a stir when they issued a limited edition "special" mint mark dollar on a restricted basis. They advertised a limit of 5 coins per collector, then changed their mind to selling only two to a collector.
Most dealers got quite upset as they could not get stock for those collectors who regularly buy from them. The "Dealers allocation" sold out within minutes of release with rumors it was all bought by three companies. Things got worse when a couple dealers were offering the coin in lots of 100!. Lots of rumors of hoarding and the few dealers cornering the market.
The Mint got a lot of "new" customers. Such was the level of demand that problems arose with sales staff coping with the large demand of small orders, that they relaxed the limit to 20 per customer and sold out in hours.

Just about everyone complained how the mint handled the sale. You could buy the coin from the mint stand at a show for $2.75 and walk to a dealer at the show who was buying them for $10. Kids were having a good time running back and forth. The coin now sell between $20 & $30 dollars.


It had a limited mintage of 40,000 and a "special" "G" mint mark.
G for Gilipoli 1st world war memorial, but actually minted in Canberra Australia