Are 1oz coins like kooks etc consider numismatic?

G

Gunna

Member
Silver Stacker
Are these coins considered numismatic?

If not what are the difference between these coins and numismatic coins?

Also, are you able to buy 1oz blank bars/rounds?
 
I consider kooks semi numismatic. They are used primarily as bullion but sell well above spot.
 
Some people do, some people don't. There is a bit of dispute as to what numismatic means and lots of people seem to have their own interpretation.

They are collectable because they have a different picture each year, other designs like the American Silver Eagle and the Canadian Maple are the same picture each year and they are not considered numismatic, just bullion. However when you get an ASE slabbed it becomes numismatic.

I have not come across any blank rounds but it stands to reason that they exist, the planchetes or blanks before they are stamped, not sure you can buy them separately though.
 
Depends what level of numismatic snob you are talking to.

More than one coin dealer has openly said to me they consider all 'modern shiny stuff' to be crap and not real numismatics.
 
Kooks "had" numismatic appeal!

BUT

Now they have been tarnished because Perth Mint Distributors and Sponsors thought they could make a quick buck by buying restruck coins which they could slowly feed the market.
They made good gains but got caught with their pants down and now their Kooks are worth bullion! Basically the wholesalers F-ed the Kook Market!

Now, everyone knows that the old collectors who purchased the original coins, back from 1990 are really pissed off and we know that all the new coins issued by Perth and the sponsors here have wrecked the value of "real" collectors and stackers.

Now, we buy the Kooks that aren't restrikes, we buy 2008, 2009, 2010 Kooks because those mintages were sold out and there will not be re-strikes.

The 2008 and 2009 are considered as the best Kooks, especially the 2008 coin because they have a low mintage, fantastic design and the mintage is sold out.

The 2008 Kook is considered as the best ever design. :)

All original Kook coins have numismatic value, all restrikes are restrikes (Cheap)

Personally, if I was a new person trying to buy Numismatic Kook coins, I'd probably buy sold out coins that had a mintage of only 300,000 coins.

Having said that, in 3 years time, noobs won't have a clue about restruck Kooks so............ :|

PS:

2oz Kooks are the next big thing!
Perth don't make them any more and they can never be re-mint them.
If you want to collect a numismatic ...No Bull-shite coin, buy the 2oz 2009 Kook, it's the last 2oz coin issued and the only 2oz Kook coin with a unique P20 mark.

Perth will eventually re-strike 2oz Kooks!
 
Pirocco said:
What on the coin indicates a restrike or not?
Click to expand...

Nothing (except the capsules being round not square). But if you listen to the Perth Mint's spin, they arent "re-strikes" but "re-mints". Perth Mint should consider joining the Labor Party with their crafty words and trickery.
 
Holdfast said:
Having said that, in 3 years time, noobs won't have a clue about restruck Kooks so............ :|
Click to expand...

^this. And with earlier mintages of 300,000 compared to current mintage of 1,000,000 there is 1:3 ratio of old kooks looking for a home in new collections.
When PM announced the 2013 kook mintage of 1,000,000 I started buying 1990 & 1991 like a drug addict. It has paid off handsomely.

Personally, I prefer semi-numi lunars. And if a SHTF year occurs again, like GFC 2008, I will be buying like a man possessed. Just take a look at some mouse prices.
 
Kooks are semi-numismatic. Design changes every year, limited mintage, you will normally get the premium you paid back when it comes to sell time.

I think true numismatic are those rare collectable rounds mostly produced by private mints.
 
wrcmad said:
Holdfast said:
Having said that, in 3 years time, noobs won't have a clue about restruck Kooks so............ :|
Click to expand...

^this. And with earlier mintages of 300,000 compared to current mintage of 1,000,000 there is 1:3 ratio of old kooks looking for a home in new collections.
When PM announced the 2013 kook mintage of 1,000,000 I started buying 1990 & 1991 like a drug addict. It has paid off handsomely.

Personally, I prefer semi-numi lunars. And if a SHTF year occurs again, like GFC 2008, I will be buying like a man possessed. Just take a look at some mouse prices.
Click to expand...

Wrcmad
Since no much love on 1oz snake, wat u reckon on hoarding this?
If the mintage is quite low, the future value can be very appealing.
LD
 
Think of it this way...

A plastic toy from 1990 is made and is now worth heaps of money and is super rare to collectors because there's a limited amount.
It even has a date mark of 1990 imprinted on the toy.

The same company who produced the toy in 1990 decides to dust off the mold they used and create another few hundred thousand.
They stamp it 1990 as well, even though it's made in 2012.

Now, would you consider the toy, a collector item?
And how would you tell the difference?
 
Lunardragon said:
Wrcmad
Since no much love on 1oz snake, wat u reckon on hoarding this?
If the mintage is quite low, the future value can be very appealing.
LD
Click to expand...
I agree - but I like the 5oz. It is a tough call with 5oz dragons currently selling for less than 5oz snakes.
But I have been aquiring 5oz snakes in the past couple of months for the reason you mention. I have enough 1 oz, and 5 oz seem to give a better return longer-term.

RetardedMonkey said:
Now, would you consider the toy, a collector item?
And how would you tell the difference?
Click to expand...
I only bought in original square capsules, not restrikes. ;)
 
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