Bullionbourse removed most of their Kookaburras from the website...

Discussion in 'Silver Coins' started by Aureus, Mar 11, 2013.

  1. Aureus

    Aureus Active Member Silver Stacker

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    Interesting, either some moneybags bought the whole lot or we've reached the stage where people are going to wait for premiums to recover after the remints.

    They still have the 2013 available but they're the last kook i'd go for at the moment.
     
  2. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    Running very low on all the older Kookaburras at Goldstackers too ....

    Plenty of 2013 Kooks around, be interesting to see if they are a sell-out or not.
     
  3. Aureus

    Aureus Active Member Silver Stacker

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    It's strange because they still had quite a bit, certainly thousands.

    Was going to buy some remints today and then, surprise surprise...
     
  4. donkey74

    donkey74 New Member

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    I see they took there 2011 and 2012 maples down as well. I was watching the price go down then.......gone! Too late!!! Lol
     
  5. Aureus

    Aureus Active Member Silver Stacker

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    I asked them about it, they seem to be in the middle of a stocktake - I was told the coins would be made available again.
     
  6. JulieW

    JulieW Well-Known Member Silver Stacker

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    The old 'stocktake' reply eh?
     
  7. cabaretvolt

    cabaretvolt New Member

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    been picking up some ms70 kooks... they're pretty darn cheap at auction currently
    couple years i like are 1994, and 1992.... I went ahead and pulled up every NGC
    census report to try to get an idea of grade rarity and which ones to focus in on

    guess the biggest tailwind is mintage being up-ed? what was it from 300k to 500k
    to 1 million forcast? i'm not big on kooks and getting my feet wet a bit thinking
    that there might be a shift from raw kook set builders to ms70 kook set builders
    because of the mintages moving up?

    i'd be interested to hear from Kook experts and their thoughts
     
  8. cabaretvolt

    cabaretvolt New Member

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    http://www.ebay.com/itm/251240455582?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649
    $117 this is actually bout 20 bucks more than some of the other recent 70 auctions which i think
    have much more grade rarity but still not a bad price even at 117 imo if you look back over completed
    listings

    i'm thinking most of the whole perth mint re-striking drama might now be coming to a close?
    has all that finally been ironed out? again i hadn't been following all of that too closely
     
  9. finicky

    finicky Well-Known Member Silver Stacker

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    Yeah the Mint acted in no uncertain terms and issued a 'Declared Mintage' update on all the old Kook mintages. The director has also made statements on this matter, and there's been a lot of informed comment here from Bullion Baron and Holdfast particularly.

    http://www.perthmint.com.au//docume...ra_Silver_Bullion_Coin_Series_1990_-_2013.pdf

    http://forums.silverstackers.com/topic-33294-perth-mint-mintage-policy-page-1.html

    I am not into numismatics, or even a collector, but I did pay up for a fair number of the remints of old Kooks and added again when they declared the mintages. I figured that 300,000 max was still low, and when they declared mintages some of them were left at an issuance of about 100,000 or less. I love the designs of the old ones.

    I still suspect, without knowing, that the demand will be there one day and not just for MS70s or whatever, and who knows, chances are that you're picking a few of those up when you buy 100 of the sealed ordinaries.
     
  10. cabaretvolt

    cabaretvolt New Member

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    isn't this entire issue becoming moot in any event aren't mintages
    up to a million projected on the 2103?

    side note - notice a retail site carrying kooks has that 1992 i mentioned
    and want 220ish i think... if I recall correctly i think 70's on those stood
    somewhere around 16% of graded

    my guess is you're gonna have your key year on mintages but also
    your key year on ms70 for set builders

    even though 1992 ain't the key mintage year i think it looks have
    what would be the lowest 70 POP dyodd

    don't forget about those crazy koalas
     
  11. finicky

    finicky Well-Known Member Silver Stacker

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    I don't really get you. To me the point is that mintages pre 2013 are now fixed and some at a very low level. No matter how many are minted in 2013 (and I believe a million is the ceiling but might not be the actual once mintage is declared at the end of year) anyone wanting the old Kooks to complete collections or just for interest will have much lower final mintages to draw upon. Have you looked at prices being charged for 2008 Kooks?
     
  12. cabaretvolt

    cabaretvolt New Member

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    no i agree.. i was just making a smaller pt. about how I feel that as mintages increase going frwd. that should have the effect of canceling out
    a lot of the noise that surrounded the re-strike issue to begin w/ (and i'm assuming that indeed all prior mintage numbers are indeed fixed as
    certainly appears it is the case)

    i make the point because even before the restrike issue came up i don't recall big premiums on earlier lower mintage kooks vs. the 300ker's
    so Perth mint declaring all final mintages across the board didn't seem to me some huge catalyst that would light a fuse under lower mint kooks
    cause again i didn't see a huge premium on those anyway and b4 the whole issue cropped up and then was resolved

    what i do think is the fuse is 1 million per yr. kook potential and i see that most potentially potently magnified under the ms70 category
    and yeah i'm aware of the barbwire kooks... i knew years ago that was the key aesthetic coin and seeing it move finally isn't surprising
    btw there's a ms70 2008 at auction currently so will be curious to see how that goes

    what's the number 2 coin to go? nothing seems obvious to me... 08 just sticks in your head like none other... i like '09... call her the Hollywood
    Kook

    but maybe at this point aesthetics gets pushed aside and people move to the key mintage years after '08... that'd be my bet... what is it 2004?
    i say leapfrog all of that and head for the ms70's
     
  13. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Im gunna buy a truckload of restrikes and get 'em all graded.

    Then jump on website and plug daylights out of how rare and valuable they are. :p
     
  14. finicky

    finicky Well-Known Member Silver Stacker

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    [​IMG]
     
  15. cabaretvolt

    cabaretvolt New Member

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    best of both worlds if you have sealed '04 rolls
    252 69er's
    138 70's currently at NGC
    a bit easier to get a 70 in 2004 vs quite a few years
    it looks perhaps

    i guess i'd grade a few personally just to have to
    trade around and build 70 sets/ you'd probably
    get the better end of most trades

    harder to get a 70 in 1994 but there are is still
    a tighter supply (at least today) in 2004 70's
    so i wouldn't sit on em

    again... i'm predicating this on my bias towards
    the 70 category winning out and this i'm predicating
    on big mintage numbers hitting going foward...
    otherwise sticking w/ non-graded 04's would seem
    hard to beat... especially if they started acting
    like 08 kooks

    i think the market is beginning to render verdicts
    on all this recently

    there are some big completed listings on ms70 2004 bin's
    but still not much completed listing data

    set one of yours to auction in ms70 if ya got it :D
    so we can see
     

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