Current value of kooks

Discussion in 'Silver Coins' started by Aureus, Jul 6, 2013.

  1. dragafem

    dragafem Well-Known Member Silver Stacker

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    come back to me when u sold all of them ;)...and mainly was referring to the comments...
     
  2. iStackSilver

    iStackSilver New Member

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    Is there a way to see with ones are restrikes and the old ones?
     
  3. Aureus

    Aureus Active Member Silver Stacker

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    No, same dies used.
    The only difference is the capsules they're in. The old coins were in pretty poor square capsules which let air get the the coin whereas the restrikes are in round airtites.
     
  4. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Many original strikes have been taken out of their square capsules and put into round airtites.

    This is where confusion can set in.
     
  5. goldpelican

    goldpelican Administrator Staff Member

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    NGC and PCGS have not been differentiating between originals and restrikes when grading.
     
  6. Lunarowl

    Lunarowl Active Member Silver Stacker

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    Apparently the original strikes have more give away, i.e weight fractionally more. I haven't actually checked yet..
     
  7. iStackSilver

    iStackSilver New Member

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    Ty! What a way to destroy a coin!
     
  8. Aureus

    Aureus Active Member Silver Stacker

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    Must take awhile for news to reach Sweden? :p
    Doesn't really diminish the value of the coins, does suck if you're a long time collector though.
     
  9. iStackSilver

    iStackSilver New Member

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    Of course it diminish the value if the mintage increases and the coin is semi numismatic.
    And we receive news in Sweden as fast in Victoria. Can't you tell I am new to silverstacking?
     
  10. Aureus

    Aureus Active Member Silver Stacker

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    All of the 90s kooks have a mintage limit of 300k, that' still very small when you compare them with the likes of Pandas.
    The majority of those will either be damaged or lost with time so these remints present a unique opportunity for new collectors.
    Anyone with a stash of remints will do very well long term in my opinion.

    Also don't stress, I know Sweden isn't backwards, just my poor attempt at humor.
     
  11. goldpelican

    goldpelican Administrator Staff Member

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    Remints only constitute 5-10% of the total mintage of each year - technically they're rarer than originals!
     
  12. 1for1

    1for1 Well-Known Member

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    Yes the originals show their age as a rule.. Square capsule and an incredible crimson to purple patina forming from the rim in.. These are the ones you can be comfortable securing as legit Originals.. Non toned square capsule to me is tampered or I'd like to see provenience of storage in air tight Atmosphere..

    A toned kook is a beautiful kook
     
  13. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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  14. trew

    trew Active Member Silver Stacker

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    Well perhaps $58 per kook is not the going rate then

    Some of the years might sell for that much
     
  15. TreasureHunter

    TreasureHunter Well-Known Member

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    221 coins? That's not just a "small stack". In the worst case you should get at least 6,600 - 7,000 USD for them! In excess of 10,000 USD is also possible.

    That's a pretty nice collection. No need to be modest when you have over 3 kgs of silver in your possession!

    Of course, a few weeks ago a saw a guy's stack of dozens of platinum coins in a case. Worth in excess of 200,000 $.

    My personal advice to you: don't sell now! Prices are very low! Silver was 40+ $ a few years ago, now it's 18-19 $. You could wait a few more years, months at least. This is the worst time for selling any PM, as they're dipping.

    Kookaburra mintages for those coins you mentioned are mostly around 300,000 pieces/year. They don't have the potential of Pandas (unfortunately).

    So, they're all restrikes... :/

    ...but then again, you might have a personal emergency situation for selling. It's regrettable, but if you have to sell, you have to sell...
     
  16. Aureus

    Aureus Active Member Silver Stacker

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    Appreciate your post and agree with you.
    I wish I had something else I could sell to make the same amount of money.

    If I can sell them for $38-$40 a coin them i'm not going to be too upset.
     

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