Maybe deep and meaningful re Koalas.

Discussion in 'Silver Coins' started by Belvedere, Jan 11, 2014.

  1. Belvedere

    Belvedere Active Member Silver Stacker

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    I am interested in the thoughts of others as to WHY are Kookaburras more popular than Koalas. Their PM value is the same of course so is it the design? Is the Koala part of the Australian cultural cringe? Are the Kooks seen as more macho.

    If we can solve this question then we are well on our way to discovering the meaning of life!

    Anyone's thoughts? (however random)
     
  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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  3. Belvedere

    Belvedere Active Member Silver Stacker

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    SM. Now that was random. Cheers (and love the avatar - just like being at work).
     
  4. bloomst

    bloomst Well-Known Member Silver Stacker

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    Koala (Perth Mint):
    - Unlimited mintages (declared at the end of the production year).
    - Series start from 2007
    - Size only 1/2, 1 and 10 oz Silver

    Kookaburra (Perth Mint):
    - Limited mintages
    - Series from 1990
    - Size currently available 1/2, 1, 5, 10oz Silver (the last 2oz is in 2009)

    I guess the limited mintage, longer history and wider range of sizes attract more customer, as they are priced similar from Perth Mint.

    Habit and Brand Recognition play a big part I think, just like people use to prefer buying Coca Cola over Pepsi...even when blind testing indicate 9 out of 10 will choose Pepsi for the taste.
     
  5. Lunarowl

    Lunarowl Active Member Silver Stacker

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    5oz kooks? Really?
     
  6. bloomst

    bloomst Well-Known Member Silver Stacker

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    Yeah...i just sticky tape 5 1oz kook together...it's the latest thing...better than #neknominate :lol:
     
  7. Au-mageddon

    Au-mageddon Active Member

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  8. thatguy

    thatguy Active Member

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    Have you seen the koalas... grab a koala and a chinese panda hold the side by side and try not to throw up
     
  9. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Koalas have a better 'rap' amongst overseas investors unfamiliar with the animal.

    Koalas bite. :(

    ...and given the chance they'd steal your wallet too.


    :p
     
  10. Belvedere

    Belvedere Active Member Silver Stacker

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    Thanks for the input and opinions (both serious and those less serious). I explains a lot. What it doesn't explain is the madness that came over me when I bought my one and only roll of Koalas. From an aesthetic point of view - never again. I think I prefer to join the masses and pay a bit extra for the bird.

    Cheers
     
  11. Lunarowl

    Lunarowl Active Member Silver Stacker

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    You all will be surprised the koalas will overtake kooks in value one day. They're so ugly, no one buys them and the mintage will be tiny.. Rare bears..
     
  12. Belvedere

    Belvedere Active Member Silver Stacker

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    Just buy them and then hide them?????
     
  13. Altima

    Altima Well-Known Member Silver Stacker

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    I love koala bears!
     
  14. Belvedere

    Belvedere Active Member Silver Stacker

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    What I am getting from all of you is to maybe overlook the design (gulp) and maybe consider them a 'sleeper' coin for the future. I guess the Kooks may out price themselves whic would leave the ugly bears the inside running.
     
  15. Silverman99

    Silverman99 Well-Known Member Silver Stacker

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    Have to say I agree with Lunarowl and I think these are the sleepers and the true potential yet to be realised

    Low mintage indeed with less than the 500,000 now for Kooks and just check out what a 1oz 2008 Koala sells for and around the same mintage numbers as the 1oz 2004 Kook

    Also the 1/2oz 2010 Koala is hard to find based on mintage numbers and from my experience retain a premium

    Will be interesting to see when the final numbers are posted by the mint for the 2013 series
     
  16. phoenixeagle

    phoenixeagle Member

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    I actually like the koala series.............. :/
     
  17. ironwood

    ironwood Active Member Silver Stacker

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    I collect the 1oz koalas myself, 2 from each year. It's the only series that I'd be able to get together reasonably.
    Love to have a full set of kooks but.....I don't have a single 1oz just for the reason above.
     
  18. Greg Williams

    Greg Williams Well-Known Member Silver Stacker

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    I used to have koala's
    That is until something unforseen rolled off the coin press of the abyss
    Now I don't have any :|
    [​IMG]
     
  19. ironwood

    ironwood Active Member Silver Stacker

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    ^ :) You now I thought the same until I eyed one in person. They don't look half as bad as the digital recreation I think.
    The older designs are so much more elegant. Same with the kooks.
    Kinda seems the die making process has changed or something, maybe technology. Both the kooks and the koalas look like they come from the same type of "mold."
    I'd like to know what or why it has changed. Would it be a way to cut corners.
     
  20. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    2010 and 2012 1oz Koala's "may-be" the sleepers as is the 2012 Koala 5oz proof.

    The 2011 Koala was the most popular design (910,480 struck) and the 2011 10oz (Ten ounce) is also a coin with numismatic potential; production of 10oz coins was suspened by The Perth Mint and only 10,051 x 10oz coins were struck.

    [youtube]http://www.youtube.com/watch?v=xUPNlLFJ0jo[/youtube]

    [youtube]http://www.youtube.com/watch?v=5ngisXrlcn4[/youtube]
     

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