Perth Mints 'Saltwater Crocodile' bullion coin breaks cover in Europe

Discussion in 'Silver Coins' started by AgAuNEWS, May 10, 2014.

  1. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Sorry, but I got the first one this morning.
     
  2. ego2spare

    ego2spare Well-Known Member

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    :0 whaaaaat!? Pffft....i dont even want them anymore... everyone the crocs are now officially uncool.
     
  3. iluvbeanz

    iluvbeanz Member

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    If either of you guys have any airtite H40 capsules, can you guys check if they fit these coins? The H40's have an inside depth of 3.17mm, but these crocodile coins are 4mm thick. Diameter will be ok, but the thickness won't.

    Also how did you get them so soon? I thought the initial batches went to non-Aus dealers first.
     
  4. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Yep, Got them today in Perth.
     
  5. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I was in Melbourne today mopping up the last known fifties in existence and called in to Stacker HQ. On departure I held the door open for the delivery man. GP called me back, showed me the crocadilly, I purchased one to give as a gift to my lunch companion. After the five hour lunch, it was still in my pocket.
     
  6. toorak13

    toorak13 Member

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    how many croc is actually left in PM , i do wonder....
     
  7. miniroo

    miniroo Well-Known Member Silver Stacker

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    2000 monster boxes ain't much, a dozen here, a dozen there, before you know it PM will put there sold out sign up.
    not that PM selling out really means much, I hope chinese mints do the same and bring out a lower premium bullion coin to compliment the panda.
    what other animals are known to be chinese? the chicken originally came from the jungles of chine, what about the 1 oz chook?

    Speaking of monster boxes, wouldn't it be cool if the Perth Mint went along the lines of the trading card hobby?
    For instance football cards these days come in cases, a bit like a monster box, in the case is a case card which is only gotten by busting a case.
    the case card doesn't come in packs so it's like a dealer incentive, or an incentive to buy a case and not just a box or some packs.

    So the Perth Mint could produce 2000 special silver medallions and put them in the monster boxes.
    Being only 2000 of them, they would become a higher premium collectible, for a dealer who busts mnster boxes to sell rolls & singles,
    they get a little bonus, for a stacker they don't need to bust a monster box to get one, they would buy one on the secondary market.
    the medallion would probably go for around $80 or so, just an added bonus and incentive to buy big.

    Another option is to make a gold version too, so 1800 1 oz silver medallions & 200 1/10 oz gold medallions.
    so it makes the chase even more interesting as 1 in 10 monster boxes would have the gold.

    Obviously they would have to seal the monster boxes with tamper proofing just like the tubes, otherwise dealers would just search the boxes,
    pull the golds out and replace them with silver medallions instead.

    But this would be an exciting thing for the perth mint, some kind of random bonus.
     
  8. swe_silver

    swe_silver New Member

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    Sorry guys, i got mine several days ago. And i live in Sweden. :) Thursday to be more precise.
     
  9. BeHereNow

    BeHereNow New Member

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    Junk silver is in oblivion???
    That is a surprise to many of us.

    I mean, I eagerly buy up 100 year old junk silver halves and dollars.
    I ask for them by name, and they are readily available.
    One hundred years form my I expect my grandkids will be able to buy 2014 ASE, and SML, but Zombucks, there just will not be many around to buy.
    At the current rate, less than half a million will be minted, considering all ten in the series, over a two and a half year period.

    I do not see how this small quantity is hurting national/government mints.
     
  10. miniroo

    miniroo Well-Known Member Silver Stacker

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    oh, nothing in particular against zombie bucks or zombie rounds, I actually have a zombie ammo can.
    I was generally referring to that genre of bullion, generic rounds.

    yep for sure, there will be a niche market for all generic rounds, lots of different pictures etc, but before that happens,
    they will kinda vanish for 20 years, but keep in mind, 20 years is a lot of bullion releases to go back on, something has to give,
    it will be the generics, I bet we'll see 1kg bags of mixed generic rounds in 20 years, and yeah inside may well be a zombuck or two :)


    Yes that's about right, it takes 22 hours by plane from perth to sweden.
    It takes 4 days by truck from perth to melbourne, hence 3 days early.
     
  11. Stack 'em high

    Stack 'em high New Member

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    I like the idea and the design.

    I will be purchasing a few of these to add to the collection. i mean stack.
     
  12. wsd_collector

    wsd_collector New Member

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    For those looking to purchase these coins in Canada, USA, and the UK, our group buy special is now up. Could not bring it down below $2.90 over spot.

    For countries outside the above 3 mentioned, unless you are not worried about tracking and insurance, shipping will kill any deal you will get off the group buy.
     
  13. goldpelican

    goldpelican Administrator Staff Member

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    Wsd, please start a trading thread rather than spruiking sales in a discussion area of the site - thanks.
     
  14. db23

    db23 Member

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    @ $2.90 each, why wouldn't people just buy direct from Kitco for $2.75 each? :rolleyes:
     
  15. Fat Freddy

    Fat Freddy New Member

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    The Kitco $2,500 minimum order threshold is a deal-breaking issue for many of us.
     
  16. wsd_collector

    wsd_collector New Member

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    Will do.

    Kitco also charges $0.15-0.16 per oz in insurance costs (In Canada, not sure about their charge to the US) + $30 flat rate shipping. You will have to factor that in.
     
  17. Fat Freddy

    Fat Freddy New Member

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    Not with a $2,500 minimum order I won't. It wouldn't matter it they had free overnight shipping at that level.
     
  18. crojo

    crojo Member Silver Stacker

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    I got some in the post today, I quite like them and will be buying more, they are a nice lookin coin and the price is great for a perth coin
     
  19. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    We have the Australian Saltwater Crocodile, if you check your coins, they are the European Saltwater Crocodile. You'll need to break open your tube to check!
     
  20. ego2spare

    ego2spare Well-Known Member

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    Agree. I like them better than kooks or koalas and until 2018 year of the dog. I dont see my self buying many lunars. Think ill mostly just be buying these limited edition tubes for quite some time and drop the other coins. So here's to doing exactly what the perth mint didnt want to happen ;)
     

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