$10 State / Endangered / Bird / Landmark / Olympic / Commonwealth

Discussion in 'Silver Coins' started by Junk Silver, Jul 11, 2015.

  1. Junk Silver

    Junk Silver Member Silver Stacker

    Joined:
    Sep 28, 2014
    Messages:
    129
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Victoria
    I recently pickup up a few of these and wanted to know more about them but haven't been able to find a definitive list. I have started to put one together so if anyone can point me in the right direction or add any missing or wrong information that would be great.

    Here it is

    [​IMG]
    Edit: Updated list with red sales figures provided by RAM
     
    Junk Silver, Jul 11, 2015
    #1
  2. kramer

    kramer Member

    Joined:
    Apr 30, 2015
    Messages:
    479
    Likes Received:
    16
    Trophy Points:
    18
    Location:
    toowoomba
    Thanks for sharing. Whats your source for these sales figures?
     
    kramer, Jul 11, 2015
    #2
  3. Junk Silver

    Junk Silver Member Silver Stacker

    Joined:
    Sep 28, 2014
    Messages:
    129
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Victoria
    Found some sales figures on a website http://www.aussiecoins.com/RAM.htm#ten_dollar_proofs

    Mintage figures have been taken from The Mint Issue archives on the RAM website.
     
    Junk Silver, Jul 12, 2015
    #3
  4. Junk Silver

    Junk Silver Member Silver Stacker

    Joined:
    Sep 28, 2014
    Messages:
    129
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Victoria
    People talk about the $10 stop loss but there are 3 seperate stop loss levels

    92.5% $10 State, Bird, Endangered, Commonwealth 20 gm 0.5948 oz Stop loss silver price $16.80
    92.5% $10 Bird Piedfort, Endangered Piedfort 40 gm 1.1896 oz Stop loss silver price $8.40
    99.9% $10 Olympic, Landmark 20.77 gm 0.6671 oz Stop loss silver price $15.00
     
    Junk Silver, Jul 12, 2015
    #4
  5. bloomst

    bloomst Well-Known Member Silver Stacker

    Joined:
    Jul 16, 2012
    Messages:
    4,884
    Likes Received:
    54
    Trophy Points:
    48
    Location:
    Melbourne, Australia.
    Junk Silver, I think when people talk about stop loss, is the fact that is it a legal tender of $10, which you can cash them in easily.

    The benefit won't be so much when you cashing in Piedfort coins, as it has double silver contents.
     
    bloomst, Jul 12, 2015
    #5
  6. _Drew_

    _Drew_ Member

    Joined:
    Feb 19, 2015
    Messages:
    95
    Likes Received:
    0
    Trophy Points:
    6
    Location:
    Adelaide

    Can you please explain your calculations/how this works?
     
    _Drew_, Jul 12, 2015
    #6
  7. Junk Silver

    Junk Silver Member Silver Stacker

    Joined:
    Sep 28, 2014
    Messages:
    129
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Victoria
    I used the SS calculators at the top of the page and just plugged in different spot prices until the value equalled $10. This then gives the stop loss silver price for the coin as you can hand it in to the bank for $10.
     
    Junk Silver, Jul 12, 2015
    #7
  8. kramer

    kramer Member

    Joined:
    Apr 30, 2015
    Messages:
    479
    Likes Received:
    16
    Trophy Points:
    18
    Location:
    toowoomba
    Then when they all get handed into the bank they get sent for melt and surprise surprise they becomes rare and valuable?
     
    kramer, Jul 12, 2015
    #8
  9. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    The coin and collectables man in Bundaberg have been in the silver/gold game for over 30 years and they informed me that when silver was $5oz around 2000, thousands of $10 coins were banked to get the $10...a good sale seeing there was only about $3 worth of silver content.

    I have been buying $10 coins whenever they appear here in Bundaberg..A point of interest was that I bought one that still had the invoice and brochure attached with it..Would you believe that when the proof coin was sold around 1990 the price that was paid for it was over $89..A chap from Plantation Island near Maryborough was the buyer.

    The difference between U/C and proof means little these days..

    I often smile when I see the mintage(25 to 50,000) for some of the $10 coins.My favourite coins are the eagle, NT, ACT, wombat and Tas. However, I will buy any when they appear here from time to time in Bundaberg..

    Regards Errol 43
     
    errol43, Jul 12, 2015
    #9
  10. Revils

    Revils Well-Known Member Silver Stacker

    Joined:
    Jun 20, 2013
    Messages:
    1,043
    Likes Received:
    298
    Trophy Points:
    83
    Location:
    Australia
    The maths is just $10/ASW
    so for the top example: 10/0.5948 = 16.81
     
    Revils, Jul 14, 2015
    #10
  11. Junk Silver

    Junk Silver Member Silver Stacker

    Joined:
    Sep 28, 2014
    Messages:
    129
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Victoria
    I have received some sales figures from the helpful customer service team at the Royal Australian Mint. These have been included in red.
     
    Junk Silver, Aug 10, 2015
    #11

Share This Page