Perths new croc coin (1 million coins)expected to sell out in 2 months

Discussion in 'Silver Coins' started by ego2spare, May 21, 2014.

  1. ego2spare

    ego2spare Well-Known Member

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    http://m.asia.wsj.com/articles/SB10001424052702304422704579571450111842792?mg=reno64-wsj

    DAYMN!.. buy some people!

    For some reason that link wants u to be a member. google "perth saltwater wall street journal" it will be the first news article
     
  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Well I got my four, I'm set.

    Maybe I should pick up a few more but I keep falling for the hype :)
     
  3. scrooged

    scrooged New Member

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    Hi, what will you be buying in 8 weeks time?

    Cheers
     
  4. Altima

    Altima Well-Known Member Silver Stacker

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    No offence but I don't see anything special with this new bullion coin sadly.

    Fancy new tube though. :p
     
  5. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I don't collect one ouncers, but the Croc is a value for money proposition. It is easily better than all of the Koala and some Kooks and is sold as a bullion coin, not a semi-numi.
     
  6. iluvbeanz

    iluvbeanz Member

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    When a new coin comes out, there's always a surge of people buying it initially. It doesn't necessarily mean that the same buying rate will continue for the rest of the year. Although, I do bet that these will sell out rather quick.



    Probably not as specially for anyone international other than being the first in the series, but for Aus, I believe it's their first cheaper bullion coin. I'm sure they're sick of paying a premium for ASE, maples, and philharmonics when some other countries (US) gets them for cheaper. This bullion coin levels the playing field a bit.
     
  7. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Spot on sammy. Its the first aussie made 1oz bullion coin with a low premium. Stackers have wanted this as a buying option for ages. 1million mintage is a bonus. Compare it to eagle and maple mintages. :)
     
  8. goldpelican

    goldpelican Administrator Staff Member

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    I have some very nervous PAMP kilos in my personal stack that may find themselves being booted out in exchange for a monster box of these.
     
  9. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Monster boxes is the way to go. :lol:
    About $11k-$12k ;)
    The seal is far important than its content, no one want to break the seals. :D
     
  10. ego2spare

    ego2spare Well-Known Member

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    Lol. Hay, we live in the first world. So im allowed to have first world problems. U think u have problems, but dont know problems untill you've experienced sticker related problems.
     
  11. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Well, if you buy the Monster box, this problem shouldn't occur.
    Luckily Brown tape wasn't used.
    I will let them know in person. I am assured the rest of the dealers have notice yours complained. I hope they will improve with the packing.
     
  12. toorak13

    toorak13 Member

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    i am surprised that it takes 2 months to sell out 1 million coin? (200 boxes) considering i hear people and dealers taking boxes and boxes?
    and the US and Europe have a more dense population
     
  13. bja

    bja Member Silver Stacker

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    2000 boxes?
     
  14. 10ozhound

    10ozhound Active Member

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    Even then 2000 boxes at 20 rolls per box.

    Pickings are slim fellow stackers. Pickings are slim.

    [​IMG]
     
  15. toorak13

    toorak13 Member

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    it is really not much

    1 million

    since there are probably more than 1 million stackers in US and Europe....
     
  16. worldbubble

    worldbubble Active Member

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    how did you come to this number?
     
  17. toorak13

    toorak13 Member

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    does anyone know how many croc does the big US companies APMEX etc take per order from PM ?

    eg. lunars , kook , croc etc?
     
  18. miniroo

    miniroo Well-Known Member Silver Stacker

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    10 monster boxes would be standard for a big dealer like APMEX one would imagine.

    and looking at there website, looks like that's the case, they have 4757 croc's as I speak, suggesting they started with 5000 (10 monsters)
    have sold 243 croc's since putting 'em up.
     
  19. miniroo

    miniroo Well-Known Member Silver Stacker

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    actually it may be 15 monster boxes as they has 5 monsters available too.
     
  20. goldpelican

    goldpelican Administrator Staff Member

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    Well they had 600 monster boxes of 1/2oz sharks a little while ago :)

    Most Australian dealers would have ordered at least 10-20 boxes.
     

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