I think Perth Mint coin mintages are going to be low!

Discussion in 'General Precious Metals Discussion' started by Aurora et luna, May 10, 2020.

  1. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    It's only a guess however with the redirection of resources at the Perth Mint to bar production, I think this year's mintage of the Kookaburra and Lunars coins are going to be lower than normal!
    It's only another 3 1/2 months before the 2021 coins are supposed to be released.
     
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  2. ozcopper

    ozcopper Administrator Staff Member

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    The Perth Mint have been supplying overseas dealers. I heard the owner of Miles Franklin in the USA say they would have been screwed if it wasn't for the Perth Mint.
     
  3. PM

    PM Active Member Silver Stacker

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    They will just mint the rest when they get more silver.
     
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  4. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    We all know where their loyalties lie!
    It's not with Australian dealers; that's for sure!
     
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  5. dollars

    dollars Active Member Silver Stacker

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    Depends on the legislation passed regarding minting of the coin and any associated limitations ( I haven’t read series 3 legislation)

    Anyone that has read might be able to confirm mintages and if any minting allowed in the future

    In the series two lunars they reminted up to the 300,000 limit the 1 oz silver and 1 kg lunars were able to be minted until the end of the series.
     
    Last edited: May 10, 2020
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  6. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    PM has plenty of silver, just not enough workers to barely maintain one shift
     

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