High Relief Lunar Question.

[Ghost Story]

All i need to remember about PM is they are a business and have now a cut throat take no prisoners CEO and its just like any other big business their job is to extract money from people the best way they can.

so at least the pattern is unfolding of how they are doing business, i am the one who has to think and not trust them for 1 second to have my best interests at heart, because they don't.

 

[ironwood]

Bloomst is correct on the set of High Relief (Dragon, Kook, Koala, and Kangaroo)
Mintage is 1000. I think it is a mistake since there is nothing new about this release anymore. They should have done Mouse, Ox, Tiger & Rabbit instead. I guess they can wait til the next cycyle.

There we go, Dragon high relief mintage just gone up by 1000 from 7500 to 8500.
Go figure! Kill the high relief coin now.
The norm is from now on, all so called "maximum mintage or limited mintage" is expected to go up by 1000 down the road by way of different packaging.

Goblue. Do you have a source you can reveal for this information?

 

[goblue]

Hi Ironwood,

The source is directly from Perth Mint, found at their blog website.
Price will be $440 for the set of 4 high relief Kook, Dragon, Koala and Kangaroo

Please find the entire discussion here:
http://blog.perthmint.com.au/2012/10/02/october-2012-new-product-bulletin-out-today/#comments

No explanation though as to why they would remint the 4 high relief coins.
The odd thing is they are not selling well anyway (Dragon is sold out for sure but with no significant price increase) so why would Perth remint them in a 4 coin packaging.
The only logical explanation is they try to move the slow moving Koala, Kook and Kangaroo by re-minting Dragon while sacrificing current 7500 owners of Dragon high relief.

I would prefer they go back and mint Mouse, Ox, Tiger and Rabbit in high relief so there is Series II complete set of high relief.
Perth Mint did acknowledge that this is a good idea.

That is all folks.

Officially, High Relief Dragon is devalued beyond recognition now.
Don't bother in touching High Relief Snake.

 

[R1dh0]

Officially, High Relief Dragon is devalued beyond recognition now.
Don't bother in touching High Relief Snake.

does HR snake has the same fate like it predecessor? time will tell.

 

[spannermonkey]

Officially, High Relief Dragon is devalued beyond recognition now.
Don't bother in touching High Relief Snake.

does HR snake has the same fate like it predecessor? time will tell.

My crystal ball tells me that " HR coins are a flop "

 

[Lunardragon]

Doh doh!
I go few hr dragons..so I supposed they will look only good on my glass display case then :|

 

[ironwood]

Thanks Goblue for the answer above.

Spanner, I agree, I think your crystal ball is right. I've certainly never expected them to become wildly popular. More of a niche market.

It is quite dissapointing the mint is releasing this set. Only sets the stage for future of other coins. As uuuuuuuummm said they cannot be trusted. The mint does not care.
I WAS enjoying collecting the HR's because of the low mintage and uniqueness. Gonna have to think long and hard about buying more.