I see a more than a few of us have Perth Mint Kooka's with privies. But every time I see someone chuck one up for sale there is very little interest in picking them up. So I'm thinking, as a general rule for a stacker with a basic "the more ounces the better" strategy, that they're not worth buying unless you get them for around the same price as Perth Mint bullion. If anything I think they're a little bit of a liability for those of us that stack "the more ounces the better". They come in a presentation case which takes up valuable room in your stash spot. You're wondering if you are getting a good or even a fair deal when you sell. With bog standard boring bullion it's easy to value them. Numismatics not so easy. What does everyone else think?
IMHO, they were gimmicks when they were first issued and they haven't become any less gimmicky since then. Vanilla Kooks only thanks.
If you can sell them to the US or Europe - they go nuts over them. Seems like in Oz though there is no love. malachii
Can anyone give me some examples of privy coins that are undeniably great investments? I've had no interest in the coins and no one I've talked to on other forums has shown any interest either. The only comments in regards to privy marks I ever see are "are they worth it?" No one ever has an answer, lol.
Because it's hard to reliably find perth coins for a low premium in the states. I know a bunch of folks who have bought these because they were cheaper than vanilla kooks/dragons/koalas/etc
I took some to the UK probably 6 months or so ago (Europe privies and something else - can't remember what) and they went like hotcakes with good premiums. Probably similar premiums I guess to normal kooks but not at a discount like here. malachii
I got some but they were at the same price as the normal ones or I wouldn't have bothered. Not interested in getting a set though.
Here's some sales figures for: 2011 Privy Koala http://www.ebay.com.au/csc/i.html?L...12&_udhi=&_udlo=&_sop=12&_udhi=&_udlo=&_rdc=1 Comparison 2012 Privy Kookaburra http://www.ebay.com.au/csc/i.html?_...de&LH_SALE_CURRENCY=0&_sop=12&_dmd=1&_ipg=100 Comparison 2012 Privy Lunar Dragon :| http://www.ebay.com.au/csc/i.html?_...de&LH_SALE_CURRENCY=0&_sop=12&_dmd=1&_ipg=100 Hope this helps.
The 2011 Koala silver bullion coin with Berlin Bear privy seems to be doing ok. I think it was the first koala with a privy since the 2007 series started.
I dont know about that , when these first came out I was getting $60 all day long, now I cant even get back what I paid...
All it takes for a Privy to be worth a premium is for someone to like it. If you have more than 1 person liking yet and there is only one you will get increase prices. Consider that example and multiply by thousands and you get the privy market. I believe these are based on emotional buying. That is what the whole Modern coin market is about. Emotion have a look and see that they are all at the people who get emotional attached. For the rest of us we go for a standard bullion coin that is the best value for money we can get. If that is Privy I have no problem buying them. Would I invest in that area. Probably not, doesn't mean I don't like the designs. I use one as my profile pic
The two unique pivy marks are the first koala privy and the first lunar privy. Sure it's all been done before but the fact is many people like to buy all the coins in a series including privy coins. Also, popular coins that are privy marked have a low mintage which makes them very collectable / stackable. There's a breed of collectors on this site that would dictate to you what to buy, but they have their agenda. I say, buy the coin, buy the privy, enjoy what you buy and what you stack and have the freedom and guts to say go and get F I actually like that coin or privy! It's you the collector and stacker that makes the decision, not a few old duds that would have you follow their way. Look at the German market, followm them as they are your guide to success. Use the exchange rate to maximize your buying potential after considering international postage fees . H
