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Palladium Emu

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rggoodie's Avatar
United States
23481 Posts
 Posted 06/03/2009  07:18 am Show Profile   Bookmark this topic Add rggoodie to your friends list Get a Link to this Message Number of Subscribers
There is little talk about the palladium emu.
does anyone collect these?

Are they available for purchase?


What are your thoughts on these coins?


he first 40 AU$ emu palladium coin was issued in October of 1995 in proof quality. In 1996 a bullion edition (BU quality) with the motif of the proof version of the previous year was also issued. The bullion coins were packed in capsules and sold by the Perth Mint for 110% of the actual palladium price at the time of issue. The proof issues were sold in a distinctive black wooden box including a certificate for a fixed price in a range between AU$ 350 and AU$ 425 (depending on the year). The maximum mintage per year was set at 2500 pieces in proof and 5000 pieces in BU quality, but not all coins were minted in the maximum allowed quantities. The production of the 1998 issue was suspended when Russia blocked the delivery of palladium, rapidly driving up the price of the metal due to low availability. Many palladium coins were melted down at this time, and therefore one must often pay a premium fee for palladium coins minted during this period. In the year 2006 the Perth Mint resumed minting the 1998 BU emu coins, but the maximum planned amount of 5000 pieces has not been reached.

1995 Proof Emu with eggs
1996 Bu Emu with eggs
1996 Proof Emu with two chicks
1997 Bu Emu with two chicks
1997 Proof Emu with pup
1998 Bu Emu with pup

Denomination:
AU$40
Weight: 31,185g
Material: Palladium Pd
Ounce: 1
Fineness: 99,95%
Diameter: max. 36,10mm
Thickness: max. 4,00mm
Edge: 225 serrations
rggoodie
aka Richard
"catch em doing something right"
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Sap's Avatar
Australia
16807 Posts
 Posted 06/03/2009  10:19 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
I'd buy one palladium coin, for my elements collection; it might as well be Australian as anywhere else. Trouble is, unlike the koalas, nuggets and kookas, they only come in one-ounce size. That's a lot of cash to outlay just for me to own a representative sample of the metal in coin form.

It does seem sorta silly for Australia to be making bullion palladium coins, given that we have to import every ounce of the stuff. If any of our copper/silver/gold mines produce it as a byproduct, it's in insignificant quantities.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Pillar of the Community
Australia
3831 Posts
 Posted 06/06/2009  01:56 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
I do own a one oz and quarter oz Russian palladium ballerina coins. They are quite uncommon these days. As far as I remember seeing those palladium emu coins, they have been quite expensive and I don't remember seeing them any cheaper than 900AUD in the last couple of years even though palladium prices are about 300USD atm. It's definitely highly sorted after due to the low mintage.
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
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wd1040's Avatar
United States
3098 Posts
 Posted 06/11/2009  01:06 am  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Sorry to bump this up again, but I'm in the market for palladium because

1. I feel silver has hit sort of a peak
2. Catalysts, green energy, almost all electrical applications! use Pd.
3. It's relatively cheap compared to the $1000 a decade ago. If Obama is going to keep his word and fund more green energy and whatnot, I bet it's going to go up.

So... are there any places with actual physical palladium right now?
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projack's Avatar
Australia
122 Posts
 Posted 06/20/2009  11:08 am  Show Profile   Bookmark this reply Add projack to your friends list Get a Link to this Reply
I have the 95 and 96 proof Emu and still looking for the 97. If anyone has one with a reasonable price let me know.
Also have some 2006 Canadian palladium maples to trade for the 2005, and 2007 version.
Edited by projack
06/21/2009 01:04 am
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appleangel07's Avatar
Australia
1607 Posts
 Posted 01/01/2010  04:38 am  Show Profile   Bookmark this reply Add appleangel07 to your friends list Get a Link to this Reply
Hi, I actually have the 1995,1996 and 1997 proof coins plus the 1996 specimen in this series and thought I had the full set,i was unaware that there are 1997 and 1998 specimens.
Thats what I like about this hobby,I'm always learning.
projack, you might be hard pressed to get the 97 proof at a reasonable price as I saw one on ebay about 12 months ago sell for over $5000,not sure why,i personally think the 95 and 96 are better looking coins.
The 95and 96 proofs and 96 specimen turn up on ebay ocassionally for $1,200 to $1,500,way above macca's $850 and renniks $500 catalogue values.
I thought about selling mine a while back but I like them so much I could'nt force myself to part with them.
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projack's Avatar
Australia
122 Posts
 Posted 02/13/2010  07:18 am  Show Profile   Bookmark this reply Add projack to your friends list Get a Link to this Reply
Finally I got the 1997 emu proof today for $787
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Germany
2 Posts
 Posted 02/21/2010  09:42 am  Show Profile   Bookmark this reply Add PalladiumBlog to your friends list Get a Link to this Reply
Sorry, that it is not allowed to send a link to my very comprehensive information page about the Australien Emu palladium coins.
Edited by PalladiumBlog
02/22/2010 1:13 pm
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GO's Avatar
United States
6563 Posts
 Posted 02/22/2010  1:18 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply

Quote:
Sorry, that it is not allowed to send a link to my very comprehensive information page about the Australien Emu palladium coins.

Regardless of the informative nature of your own website, there are still rules in place for new members that you chose not to abide by.
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