Why is it that Bullion Bourse is selling 7 lots of 20 1oz Kooks? Is their offer any good or is the 1992 Kook very common? http://www.perthmint.com.au/investment-bullion-bars-and-coins-mintages.aspx This goes on to my second point. I don't understand the Perth Mint mintage data sheets. According to the data sheet for Kooks, only a few years have been sold out. How is that possible? Why is it that so many years have sales that are significantly less than their mintages? Would that effectively mean that you could still buy these outdated Kooks from the PM?
http://forums.silverstackers.com/to...x20-20-x-1992-1oz-silver-kookaburra-coin.html Re-minted, still a good buy IMHO. But you may find they leave a bad taste in some peoples mouth due to the handling of this indecent by the Perth mint
Oh wow... So let me get this straight. Is the PM able to remint because the sales of 1992 did not exceed their designated mintage (albeit, back in 1992)?
Is there a stigma with reminted coins? Wouldn't the reminted 1992 Kooks be exactly the same as the originals?
Yes there is a difference at least to my experience. It seems that the dies used to (re)strike the coins are somewhat used up, fine details can be missing and the coin is lacking in sharpness.
Hmmm - I would have said the opposite with mine. My new ones are much sharper (and no toning) than my older ones. Don't like the round capsules though - prefer the "oldiness" of the square. malachii
Offically the PM stated that its a new die struck from the original design (so yeah these should have all the fine detail the first run had... its possible the 92's you got were near the end of a particular dies life hence the poor strike... 1for1
not sure if I should be happy or sad.. happy that I can get the years I'm missing, but sad for the ones I've paid premium for.. :|
WTF... Seriously what are they doing.. how much one ounce stuff can the market tolerate? This is incredible.. Coin shops cant keep up with the different coins.. are PM being pressured to ruin the secondary market or produce as much as possible.. the marketing department is on Liquid LSD or Daytura.. Mushrooms youd still be lucid enough to understand how furious customers will be. I predict this will have a lasting market effect on PM product.. 90% of silver people dont even know they reminted the 92 yet.. yes even bullion dealers... this is totally ridiculious.. Oh and remember to wait a week for the price to drop like 25% ie: privy dragon, 92 kooks (without spot factored in) Learn from your mistakes people.. they wont sell it fast.. way to much good intl stuff cheaper and less suicidal. 1for1
They are priced at Bullion Money pretty competitively. 10c higher than the '12 Koala. Hopefully they will renew interest in the series resulting in an increase in demand.
Any year from 1991 to 2007 inclusive is still available on wholesale demand, until they reach their mintage of 300,000. This ONLY affects 1oz bullion Kookaburras that have not reached their mintage limit, regardless of year. 1990, and 2009 onwards are fully minted, and cannot be restruck. Everyone complains about the mint running out of coins, or there not being enough Dragons to go around etc - well here's your chance to grab 300,000 mintage bullion coins from the mint at bullion prices. Nothing new here - it's been Mint policy for years, and is in writing on their blog from 2010 reconfirming this.
