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Tuvalu Transformers - Opinions?

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Pillar of the Community
traevin's Avatar
United States
1454 Posts
 Posted 06/15/2012  3:25 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Some people on this thread truly thought the series would fall to spot within a couple of years. They couldn't have been more wrong. Three years later and they're still either holding their value or worth more than I originally paid for the 2009 set. They were so successful, Perth even released another set in 2011 and it's also selling very well and also worth just as much as it was when Perth issued it.

I forgot about the coin snob remark, MobOfRoos, but it still holds true, to one degree or another. People buy coins for all sorts of reasons. Not just to sell at a profit down the road. Personally, I like a little variety in my coinage. And here in the US, that meant something other than dead presidents. I always hear people say, "I buy old circulated silver for its historical significance." I often wonder, what significance? To me, it's simply pocket change. Something rare, I can see, but for many, I think it's just an oft-repeated and easily remembered meme. Kind of like the old canard, "I buy gold as a hedge against inflation." That's only true if the spot price is rising above inflation, right? Why would anyone assume it always will? Look at history and one learns that that's simply not the case. For 20 years, from 1980-2000, gold would have been as good of a hedge as a hole in the ground, which I'm about to go dig to contain my bamboo hedge ;)
Pillar of the Community
MobOfRoos's Avatar
Australia
762 Posts
 Posted 06/15/2012  8:51 pm  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply

Quote:
I always hear people say, "I buy old circulated silver for its historical significance." I often wonder, what significance? To me, it's simply pocket change.


You are right, people buy coins for all sorts of reasons. For me, coins that people were using as currency 100 years ago have a special attraction. I think they definitely do have a historical significance. Even quite recently discontinued coins and notes (such as the Australian paper notes and 1c and 2c peices)have historical and nostalgic significance.
The fact that these coins and notes were carried in peoples pockets and used for the purchase of goods and services (the purpose for which they were intended) make them REAL legal tender.
Valued Member
deano's Avatar
180 Posts
 Posted 06/16/2012  09:42 am  Show Profile   Bookmark this reply Add deano to your friends list Get a Link to this Reply
Tulavu Transformers coins were overpriced at issue price.
To those who bought them and loved them good on you
But long term these coins are just a theme coin and the value is unlikely to reach issue price on the secondary market in future.
Collect what you like and enjoy is my motto
New Member
United States
22 Posts
 Posted 06/17/2012  5:59 pm  Show Profile   Bookmark this reply Add dreaming1 to your friends list Get a Link to this Reply
Transformers Coins have seen a strong market from what I've followed. These coins seem to be very popular with the Asians and have seem them pop up on many foreign sites.

I don't own any but with low mintage and a very popular theme base across a few generations of males, there is some potential here over time.
Valued Member
steve - Oz 50c man's Avatar
Australia
490 Posts
 Posted 06/17/2012  9:57 pm  Show Profile   Bookmark this reply Add steve - Oz 50c man to your friends list Get a Link to this Reply
not for me personally (even tho I like silver stacking and the transformer movies) but they do look awesome in the flesh!
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