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Perth Mint- 1787 Proclamation Shilling Tribute

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Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 10/16/2008  5:41 pm Show Profile   Bookmark this topic Add biokemist6 to your friends list Get a Link to this Message Number of Subscribers
I got an email from Perth Mint the other day about signing up for a ballot to purchase the Proclamation Shilling tribute. It appears that only 3000 will be minted with 2000 available at Aussie shows and another 1000 available by ballot. Can anyone tell me a little more about this coin and how much interest will there be for it?

http://www.perthmint.com.au/catalogue/ballot.aspx
Pillar of the Community
Yass's Avatar
Australia
652 Posts
 Posted 10/17/2008  12:00 am  Show Profile   Bookmark this reply Add Yass to your friends list Get a Link to this Reply
Perth Mint make a lot of very attractive coins. I suppose with a limited issue of 3000, there may be some interest. However, I don't buy any Perth Mint stuff. While they are legal tender, they are generally a different size to the RAM denominations. Perth Mint products also seem to be readily available for years and accordingly have little resale value.

Not for me.
Formerly nancyc
Nevol's Avatar
Australia
5385 Posts
 Posted 10/17/2008  4:14 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
Not for me either. I view Perth Mint products as either too gimmicky or more for the unsuspecting tourists.

Plus as Yass said, different sizes to the official coins from the RAM.
life is a mystery to be lived not a problem to be solved
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 10/20/2008  12:10 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Aha, thanks for the informative feedback. I can understand how some of the themed commemoratives have appeal but I have never really understood tribute reproductions so I was unsure of this item.
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DNA's Avatar
United States
2734 Posts
 Posted 10/27/2008  01:50 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply

Quote:
"...different sizes to the official coins from (the Royal Australian Mint)"


Forgive me for not understanding why the 'different size' of P.M. "collector's coins" compared to regular (R.A.M.) circulation coins would be a 'negative' point.

The Perth Mint's Kookaburras and Koalas (for example) are in the same '1 troy oz. silver bullion' class of world coins such as the American Silver Eagle, Canadian Maple Leaf, Mexican Libertad, and Chinese Panda. I don't think that any of these countries have 40 mm diameter circulation coins at present! (even the pre-1979 U.S. large dollar coins were 'only' 38 mm in diameter!)

So the Perth Mint's silver coins really 'compete' and 'compare' with the other silver 'bullion' coins in the world, not the circulation coins in Australia.






Edited by DNA
10/27/2008 01:51 am
Pillar of the Community
Australia
1295 Posts
 Posted 10/27/2008  05:19 am  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
Perth Mint also releases a range of $1 and 50c (non bullion) coins which are similar in size to the RAM circulation coins but different, and the 50c are a different shape. I think these are the ones Nancy was talking about.
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DNA's Avatar
United States
2734 Posts
 Posted 10/27/2008  10:24 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply

Quote:
Perth mint also releases a range of $1 and 50c (non bullion) coins which are similar in size to the RAM circulation coins but different, and the 50c are a different shape. I think these are the ones Nancy was talking about.


That makes sense. It would be as if the San Francisco Mint decided to make the "Proof" State Quarters 2 mm larger in diameter than the circulating versions made in the Philadelphia and Denver Mints.

That would have at least one advantage: If teenager's stole their parent's "Proof" coins, then they wouldn't be able to redeem them in coin-changing or vending machines!
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