Hi All, Hope everyone is well, Just to give people some insight on collecting mint rolls. In 1968 int Royal Australian Mint produced 19,930,000 1c pieces out of this mintage most where rolled into mint rolls for easy circulation distribution. 50 coins in a roll, which makes approximately 39,860 rolls fast forward 1968 1c roll, hardly can see them on the open market, goes for ? as i haven't seen one for the last 6 years, on ebay at the moment there is 2 single coins that sold for 31 and 42.99 this is only one example. Let just say if it is true that 5000 rolls are produced, do you see i why its a good idea to collect this 2014 $1 mob of roos mint roll. All i can say the 5000 rolls has not been confirmed, all i know is that i got no where near that amount of rolls from the royal Australian mint $30-$40 is a good investment for these coin rolls, Or if you want to try your luck, do not forget the vast majority of these coins will be circulated. it is very possible to find one in circulation later this year Collecting should be fun, the enjoyment of the hunt can be very exciting. You too might just pick up the collecting bug hope this helps a bit James
Downies still have 100 rolls left for $36 on their website if anyone is interested. Lets buy them out so we can start driving up prices! Seriously does anybody have a rough idea what one of these rolls would be worth 5 to 10 years from now?
Still can get get 2014 mob of roos rolls from below link for $39.95 per roll, free Aus. Shipping for orders over $200. http://sydneycoins.com.au/Royal-Aus...1-Coins/2014-mob-of-roos-one-dollar-mint-roll
providing the 2 numbers are right 10% rolled and 90% in to circulation and if the final mintage is right and real collectors are buying these they may not resurface until the collectors kids get them and that will be drip feed so yes providing numbers are right as in 1 mill mintage and 100 000 rolled then they will command a high premium in the years to come. also they are higher quality coins because they have nowhere near the bag marks of a security roll and super nowhere the marks of a security bag. as they havnt travelled in bags and have been rolled right of the press. was thinking of getting a roll slabbed or send a roll get the best 10 slabbed as they are for the most part very nice coins so plenty of upside and 12 months is a long time in coin collecting the market will soak these up pretty fast. so go short or long but don't go in between which isn't as easy as it sounds !
Hi Everyone, Just thought I'd pop in to explain how things are going with the mint roll. Firstly, I should let everyone know not to concern themselves with the quantity that is being listed on the website. This is actually a development flaw (one we are in the process of fixing) and does not reflect the actual stock levels we have. The way our current system is set up, the website is not connected to our stock database, we manage website quantities manually. Due to the popularity of the mint roll we have been keeping a very close eye on how it is selling. We're just monitoring levels closely and releasing stock we are certain is available to the web, to be sure we don't oversell and disappoint anyone. Secondly, I can confirm that we will have more mint rolls to offer shortly. We are currently processing web and phone orders and when we get a final count we'll be able to release remaining stock on the web. This is expected to happen later today. The new system that we are currently in the process of building will have real time connectivity between website and stock database, which will make this process run much smoother. We thank you for your patience and understanding Kind regards, Renee
Thanks for keeping us informed Renee! I have two mint rolls now. Thinking I might break one up to slab a few but still in two minds wondering if I should keep them both as Rolls. Hmmm
Thank you for letting us know and kudos to you for releasing them sensibly ! Out of interest how many did the Royal Australian mint supply you with? Some of us are trying to get a handle on the numbers released
No need to rush into it. Sit on them both for a couple of years, then see how many slabbed ones are on the market and whether they are selling well, and whether they are selling better than the unslabbed ones, or at least, enough to cover the cost of slabbing. You can also check to see how well the rolls are selling. If rolls are selling better than slabbed coins you have just saved yourself the cost and hassle of slabbing them. If the slabbed coins are selling better than the circulated coins then it might be worth slabbing them. Let other people do the ground work for you unless you want to be in first, which there is also something to be said for. If you get in first before the market is flooded with slabbed offerings you can set the price. But you need to shift them quickly.
Thanks Mate. Yeah, very true. I will have a think about it and work out what I will do. What I really want to find out is how many rolls were produced and what the mintage will be. (As do us all)
That's what the RAM stated. But they also said; "The Royal Australian Mint prepared a sufficient amount to meet the forecasted demand. The final amount can't be disclosed as this number may vary depending on final demand."
Hi All, I just had a proper look at the Royal Australian Mint website, they got a nice page where you can see the circulation mintages of coins http://www.ramint.gov.au/designs/ram-designs/1dollar.cfm really nice useful information James
