2011 Koalas what the?

Discussion in 'Silver' started by Newtosilver, Nov 22, 2013.

  1. Newtosilver

    Newtosilver Well-Known Member Silver Stacker

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    I just saw 1 oz 2011 koalas for $79.35, one of the site sponsors, rest of the stuff is priced well. What is the go with that? Are 2011 going for that much? Seems crazy expensive to me.
     
  2. goldpelican

    goldpelican Administrator Staff Member

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    Kooks or koalas?
     
  3. Newtosilver

    Newtosilver Well-Known Member Silver Stacker

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    Koalas, I did not think they would be that expensive?
     
  4. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    No restrikes mate.

    The mintage is 500,000 (Sold-out) 2011 was the "First" of the limited strike of 500,000 coins.

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

    There's mintages before that which had 300,000 and were sold-out example...2008, 2009, 2010 which all sold-out and are extremely collectbale!

    Prior to that, Dealers wanted Perth Mint to restrike earlier coins such as 1991, 92, 93, 94, 95, 96, 97, 98, 99, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007!

    All of the above were restruck in 2011 / 2012 and by doing so absolutely screwed the Kookaburra market.

    Now most people stick to the mintages that were sold-out in their own right in the year they were released.

    The site administrator here..."Gold Pelican" actively tries to purchase 2008 Kookaburras and many of us try to stack the 2008, 2009, 2010, 2011 coins as they also are starting to attract a premium.

    H
     
  5. Newtosilver

    Newtosilver Well-Known Member Silver Stacker

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    Excellent response, thank you that explains a lot. I was wondering why they were going for so much.
     
  6. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    Im confused, I thought Newtosilver was talking about 2011 koalas but Holdfast is talking about kooks :/

    So what is it 2011 kooks or koalas for $79.35?
     
  7. Newtosilver

    Newtosilver Well-Known Member Silver Stacker

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    Koalas, my bad I put kooks in the thread title by mistake.....

    $79.35 for a 1 oz 2011 Koala.......
     
  8. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    I will happily sell some for half that ;)
     
  9. bigcountry

    bigcountry Member Silver Stacker

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    If people will pay 79 then that's what they are worth! :)

    The 2011 koala is special though. I believe it is one of the highest mintage of any bullion coin at nearly 1 million pieces.
     
  10. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Doesn't matter if you made a mistake mate. :)

    The above stands for the Kooks.

    If you are talking about the 2011 Koala, they are the most fab-tab / most excellent design Perth have produced imo and...by the mintage records there's plenty of people who love them.

    http://www.perthmint.com.au//docume...la_Silver_Bullion_Coin_Series_2007_-_2013.pdf

    The 2011 Koala coin exposed Perth's Koala c oin as their true bullion coin but...it gained a huge following not only in Australia but overseas.

    Many folk on popular metal forums like Kitco - https://www.kitcomm.com/ use to say don't buy Koala's especially the 2010 Koala but now the Koala series of coins are becoming very popular.

    The 2007, 2008, 2009, 2010 coins were seen by many people as a very ordinary design and a weird background but now they are seen as very collectable especially the 2007 and 2008 coins.

    Keep an eye out for the carded Koala coins...they are getting very good premiums especially the 2007, 2008, 2010 and 2012 coins.

    The 2013 coloured specimen carded Koala and the 2012 specimen carded Koala's imo are sleeper coins, so...watch out for them and stack if you can.

    When this dip in spot is over modern numi Koala, Kook and Lunar coins will again draw interest and perhaps gain market attention. :)

    H
     
  11. Altima

    Altima Well-Known Member Silver Stacker

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    Hehehe. You forgot to mention you have vested interest in the 2011 koalas. :p
     
  12. Holdfast

    Holdfast Well-Known Member Silver Stacker

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  13. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Start vid from 12 second mark. ;)

    Lovely looking coin imo. :cool:

    [youtube]http://www.youtube.com/watch?v=XvLY8_pmtNo[/youtube]
     
  14. Newtosilver

    Newtosilver Well-Known Member Silver Stacker

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    Well I got some awhile back for I think around $34 and I Houston I payed way to much for them but I may have actually done well out of them long term wise :)

    I suppose I can't really put up a thread saying WTB 2011 Koalas for $32 now lol
     
  15. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Sometimes Perth Bullion Company (Formerly Bullion Bourse) has rolls or singles of the 2011 koala's but I think there's better value in the market for other bullion coins.

    Sure...the 2011 is popular but perhaps with a mintage of 910,480 they certainly aren't rare.

    Having said that some of the higher grade coins do ok so if you can grab a roll to search through you might find one or two choice coins.

    DYODD.

    Just on Koala's...don't over-look some of the earlier mintages such as the 2010...sometimes they go cheap and have been somewhat un-loved for a few years but if you can get them at a good price they may increase in value as the Koala series continues. "maybe" ;)

    http://www.perthmint.com.au//docume...la_Silver_Bullion_Coin_Series_2007_-_2013.pdf

    Cheers

    H

    Edit

    PS...there's nothing stopping you aasking for below 32 bucks a coin. Bullion Bourse was selling rolls of them for around the 30 dollar mark earlier this year.

    Here's an idea of prices for you on ebay...

    http://www.ebay.com.au/sch/Coins-/1...g=200&LH_Complete=1&_nkw=2011+1oz+Koala&rt=nc
     
  16. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    Anyone know what's the going rate for a 2011 Carded Koalas?
     
  17. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    About 45
     
  18. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    A little while ago I couldn't even move any of these for $37.50 so you will do well to get $45 for them I think.
     
  19. Aureus

    Aureus Active Member Silver Stacker

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    $32-$35 range for these, no way you'd get any more than that.
     
  20. zulu

    zulu Member Silver Stacker

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    KItko in Hong Kong has the 2011 Koala listed for HKD 190.99 per coin for a roll of 20. (HKD 196.85 per coin if order is less than 20 coins)

    Depending on what exchange rate you get, its between 27 and 28 AUD.
     

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