Armenia 2012 Noah's Ark

T

thatguy

Active Member
http://www.bullionclub.com.au/produ...Bullion-Coin-%2d-Armenia-2012-Noah's-Ark.html
Holzbox_Arche-Noah_5Kg_WAPPEN__49556_zoom.jpg


Holzbox_Arche_Noah_1_4_oz_WAPPEN__33265_zoom.jpg


Damn you bank account!!! :(
 
Hey.. great coins alright... i want 20 of the 3 smallest sizes... bb and bm arent selling them.. bullion club is only for large orders or 1? great potential on these things

1for1
 
1for1 said:
Hey.. great coins alright... i want 20 of the 3 smallest sizes... bb and bm arent selling them.. bullion club is only for large orders or 1? great potential on these things

1for1
Click to expand...

i think just add to cart then view cart and change the number to how many you want then update cart looks like that's how its done?
 
It's good that these are in Australia now - the premiums were quite high coming from overseas.

These should be pure bullion coins though - having a maximum mintage of 8 million for the 1oz and no annual change in design.
 
Ag47 said:
It's good that these are in Australia now - the premiums were quite high coming from overseas.

These should be pure bullion coins though - having a maximum mintage of 8 million for the 1oz and no annual change in design.
Click to expand...

I Disagree... why?

Legal Tender - 500 dram for the 1oz (govt backed)

Yes 8 million - but how many will actually get sold.. i say FAR less.. the total number will be FAR FAR less *(think UNLIMITED mintage 2010 Taku)

"no annual change in design" - technically YES but the date will be updated yearly so the secondary market will be able to distinguish hence allowing for appreciating earlier dates as collectors chase back years..

In conclusion, there is nothing stopping these being as big as any other bullion coin (except the design does/may not change) but the novelty of another govt-backed legal tender with low premiums and a nice design to boot make these a worthy competitor to PM product for sure!

1for1
 
1for1 said:
Ag47 said:
It's good that these are in Australia now - the premiums were quite high coming from overseas.

These should be pure bullion coins though - having a maximum mintage of 8 million for the 1oz and no annual change in design.
Click to expand...

I Disagree... why?

Legal Tender - 500 dram for the 1oz (govt backed)

Yes 8 million - but how many will actually get sold.. i say FAR less.. to the total number will be FAR FAR less *(think UNLIMITED mintage 2010 Taku)

"no annual change in design" - technically YES but the date will be updated yearly so the secondary market will be able to distinguish hence allowing for appreciating earlier dates as collectors chase back years..

In conclusion, there is nothing stopping these being as big as any other bullion coin (except the design does/may not change) but the novelty of another govt-backed legal tender with low premiums and a nice design to boot make these a worthy competitor to PM product for sure!

1for1
Click to expand...


I think we're on the same page here - they will be as big as any other bullion coin but potentially not much more than that. Who knows, they could go the way of the 2010 Taku or maybe they will go the way of eagles and maples.

I do have a couple of the 2011 arks but only for variety. Hopefully they do go up in value.

If I was looking for value appreciation for bullion prices today, I would personally get the 2012 Somali elephants at bullionmoney for less cost than the Armenian arks. The elephants do have a history of some appreciation for the earlier years.

The following website says mintage is 5,000 but I think that is incorrect - I think they are unlimited like the koalas.

http://www.emporium-hamburg.com/index.php?id=91&L=2
 
Ag47 said:
1for1 said:
Ag47 said:
It's good that these are in Australia now - the premiums were quite high coming from overseas.

These should be pure bullion coins though - having a maximum mintage of 8 million for the 1oz and no annual change in design.
Click to expand...

I Disagree... why?

Legal Tender - 500 dram for the 1oz (govt backed)

Yes 8 million - but how many will actually get sold.. i say FAR less.. to the total number will be FAR FAR less *(think UNLIMITED mintage 2010 Taku)

"no annual change in design" - technically YES but the date will be updated yearly so the secondary market will be able to distinguish hence allowing for appreciating earlier dates as collectors chase back years..

In conclusion, there is nothing stopping these being as big as any other bullion coin (except the design does/may not change) but the novelty of another govt-backed legal tender with low premiums and a nice design to boot make these a worthy competitor to PM product for sure!

1for1
Click to expand...


I think we're on the same page here - they will be as big as any other bullion coin but potentially not much more than that. Who knows, they could go the way of the 2010 Taku or maybe they will go the way of eagles and maples.

I do have a couple of the 2011 arks but only for variety. Hopefully they do go up in value.

If I was looking for value appreciation for bullion prices today, I would personally get the 2012 Somali elephants at bullionmoney for less cost than the Armenian arks. The elephants do have a history of some appreciation for the earlier years.

The following website says mintage is 5,000 but I think that is incorrect - I think they are unlimited like the koalas.

http://www.emporium-hamburg.com/index.php?id=91&L=2
Click to expand...

5,000 is for the proofs and gilded
 
Armenia is quite a small country so i was wondering if:

1) These coins are minted in Armenia using Armenian mined silver.
2) These coins are minted in Armenia using Russian (or another countries) silver.
3) These coins are minted in another country (eg Germany, Russia) on behalf of the Armenian govt.
 
Byron said:
Armenia is quite a small country so i was wondering if:

1) These coins are minted in Armenia using Armenian mined silver.
2) These coins are minted in Armenia using Russian (or another countries) silver.
3) These coins are minted in another country (eg Germany, Russia) on behalf of the Armenian govt.
Click to expand...

Also a very old country with a lot of its own history before he Commis invaded
Very independent people & country ,I'll go with they're own mint ,
 
I think the main takeaway is that there is now another mint offering a full range of legal tender coin sizes - more sizes in the range in fact than the Perth Mint.
 
Byron said:
Armenia is quite a small country so i was wondering if:

1) These coins are minted in Armenia using Armenian mined silver.
2) These coins are minted in Armenia using Russian (or another countries) silver.
3) These coins are minted in another country (eg Germany, Russia) on behalf of the Armenian govt.
Click to expand...

They are minted in Germany by a private mint contracted to the Armenian Central Bank. The mint sources the metal directly from LBMA accredited refiners (obviously a lot easier to do in Europe).
 
goldpelican said:
I think the main takeaway is that there is now another mint offering a full range of legal tender coin sizes - more sizes in the range in fact than the Perth Mint.
Click to expand...

I thought the main takeaway was thai or pizza... but hey!
 
That's only $35.50 a coin for 200. Compares to PM Kookaburras at $38.46 each for the same quantity.

Interesting. An Armenian mint? Any details on it, history, etc.? I can't seem to find anything much online.
 
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