Sorry, noob question.. when you say 'reminting', do you mean they are making more 1992 kook coins, i.e. they dusted off the 1992 dies in 2012, stuck them in the machine and are knocking out more coins? that's going to dent the market for old coins? [I must be wrong with these Q's]
There was a European website that was advertising every previous year of Kookaburra at one stage, allegedly freshly minted to order. I think that if the old 300,000 mintage limits had not been reached, the mint reserved the right to continue striking coins up until the mintage limit. In days gone by these would have been called "restrikes" - like 1915 Austrian Ducats minted well into the 20th Century. Bloody difficult to tell apart though. I don't think there's any legal impediment in the Currency Determinations that stipulate minting must only occur (or cease) in the dated year - look at Lunar coins being released in September the year before the design, e.g. 2012 Dragons launched in 2011, and 2008 Mouse being restruck in 2010(?).
It was a good job I joined this forum... Thanks for the information, in my ignorance I thought a coin that had a year date stamped on it, was produced in that year. They could at least have the decency to mark the coin somehow to show that it was produced in a different year.
If they were a restrike why would they be putting them in square caps? Maybe Ben Bbourse doesn't actually know - Just funny why he would've said that...
Depends if you're looking to flip them immediately or keep them for a little while before prices rise closer to the $45-$50 mark like other kooks are selling for.
But then if they are reminting them, would they not just put them in the lovely new capsules. I would like them that way much more.
Yeah that's what I'm thinking. Tempted to pick some of these up, but only if they are capsuled in the new capsules. I honestly don't like the old square ones. Stupid thing to care about considering I'm buying silver, not plastic, I know...
Just to clarify some things on the retail side, we get these square capsules kooks in all the time. Sometimes people bring 50 at a time, the most we recieved from a customer was 3000 coins, thou that was a few years ago. So they are around and its no suprise they are selling these coins in bulks. The big bulk of them comes in with deflects thou. black spots near the rim of the coins, tonning and scratched plastic capsules are very common with the early kooks. I would be suprise if the perthmint was re minting these, unless someone made a huge order for this particular date. James
Saw these show up a day or so ago at Gainesville and grabbed 5 of 'em. Very much like the design of these!
Since Perth Mint are a government organization I'm gonna guess they planned to make these 92 kooks in 2010 and only just started last month
http://www.gainesvillecoins.com/products/159797/1992-australian-kookaburra-1-oz-silver-coin.aspx $5 USD over spot seems like a good price, but I passed on them. I learned my lesson when I bought the 2007 kooks in 2010. How about a privy 2008 kook?
