2009 Aurora Australis $5 Silver Proof

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Author	Replies: 5 / Views: 2,250
MrGlass44 New Member United States 46 Posts	Posted 10/11/2009 02:25 am I..... Found something I think I might have to buy. I know I've been asking a lot of questions here but this is the last one for a few days. http://worldmintcoins.com/2009-aust...r-proof-coin Is this coin going to go up in value. In other words could I justify dropping $90 this possibly for Christmas as an investment or is it going to drop sharply when the silver price levels out. I'm still new to coin collecting so I don't know how to tell a good buy from a bad one. I just know that I really like this coin. Moved to Australian Decimals forum - Sap Report this Post to the Staff

jokingjoker Pillar of the Community United States 2150 Posts	Posted 10/11/2009 03:16 am Australian coins like these are hot at the moment, but as an investment, with this particular coin, I think it will be quite a few years before you would see any kind of significant gain. I don't see the price dropping with silver as the price really reflects the novelty of the coin. I'm not criticizing your taste as I also collect Australian coins like these ex: Lunar series 1 and 2, and The treasures of Australia series. If you really like the coin I think $90 is justifiable as with most coins like these I buy first to enjoy them for myself and second comes any thought of market gains. Report this Post to the Staff
latman100 Pillar of the Community Australia 1040 Posts	Posted 10/11/2009 10:02 pm This coin is still available from the mint, and has been available for some time. I don't see it gaining in value quickly and would expect to be able to buy it for less than issue price on ebay next year. If I were you, I would wait. Report this Post to the Staff
MrGlass44 New Member United States 46 Posts	Posted 10/12/2009 12:36 am I'll definitely hold off on that then. thanks Report this Post to the Staff
bejon Valued Member United States 108 Posts	Posted 10/13/2009 01:36 am Looks really nice. Why are Autralian coins so expensive? Report this Post to the Staff
cownas22 Pillar of the Community United States 1055 Posts	Posted 10/20/2009 10:37 pm Quote: Looks really nice. Why are Australian coins so expensive? The Australian Series are extremely popular with collectors right now. Many of these specialty series have low mintages, plus the high demand=high prices. Just take the Kookaburra Bullion Series. These have a relatively low mintage per design of 300,000 vs. Over 10,000,000 ASE's per year... Report this Post to the Staff
	Replies: 5 / Views: 2,250

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