Perth Mint mintage policy

Discussion in 'Silver' started by Ron Currie, Nov 7, 2012.

  1. finicky

    finicky Well-Known Member Silver Stacker

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  2. GreyGhost

    GreyGhost New Member

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    Mintage fiasco is the worst decision by a company since Netflix poked their customers in the eye.

    Mint reserved the right to manufacture each 1oz release from the Australian Kookaburra silver bullion coin series up to its individual maximum mintage

    and your customers reserved the right to tell you and your freshly pressed 1990 Kooks to go jump in a lake.

    With trust smashed, it will take a while for Perth to live this monumental bad decision down.

    But at least they were not so deep in their own arrogance not see people running in the other direction from their product.




    Now about all of those Dragons.......
     
  3. Matthew 26:14

    Matthew 26:14 New Member

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    Perth Mint mintage policy has been policy on the run at best. In fact its been a shambles. The Perth Mint's thought process has been thus:

    1. Hey, let's make as much $ as we can by restriking coins that have been out of production for up to 20 years
    2. Oh no there has been backlash !
    3. We better do something?
    4. We've been caught out here, lets try to patch things up with a mintage policy
    5. Our first go at a mintage policy poured fuel on the fire, lets try again
    6. Lets hope we have ended the complaints by drafting a final policy
    7. Oh well, at least we made a bucket load of dollars out of the restrikes at the expense of long term coin investors.
     
  4. alor

    alor Well-Known Member Silver Stacker

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    now, lets TRY to re-cycle the old koala design for the coming year :)

    just like the $1 kangaroo mob coin money :p

    just like the two pounds silver, design can be repeated.

    ase cml etc
     
  5. GreyGhost

    GreyGhost New Member

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    Now if we could also expose the lout that made the decision
    to use the same card for 2012 Koala Presentation that was used for 2011!

    Another "They will buy whatever we throw out there decision"

    [​IMG]
    Source:
     
  6. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    I think you'll find the images of the Koala are the same bi-annually.

    2007 and 2008 has the same Koala

    2009 and 2010 has the same koala

    2011 and 2012 has the same Koala.

    Cheers :)
     
  7. Holdfast

    Holdfast Well-Known Member Silver Stacker

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  8. stackeract

    stackeract New Member

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    It looks like they have been reminting like crazy in the last few months. Some of the numbers went up MASSIVELY.

    Not happy! :(
     
  9. stackeract

    stackeract New Member

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    Across the board, gold proof, silver proof, coloured gold and silver. Some numbers over 4 times higher than previously mentioned.

    Ron Currie wrote:
    We are looking at all numismatic products dating back to 1987 that are not sold out. Where appropriate we will declare the mintage of each coin or set, formally signalling that no more will ever be manufactured. Please bear with us during the next few months as we complete this process. In the meantime, it is extremely unlikely that we would release older numismatic issues.
    http://blog.perthmint.com.au/2012/11/20/perth-mint-announces-new-mintage-policy/#comment-2452

    Ron Currie, it looks like this was a big lie!
     
  10. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Please provide your old figures and the new revised figures!
     

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