IS THE 2016 KANGAROO SILVER COIN - 1OZ MINTED IN CANADA ?

Golden ChipMunk said:
silversearcher said:
fishtaco said:
I have been questioning these 4 9,s kangas since there announcement! why change your blanks to 4 9,s just for your lowest premium bullion coin and keep the rest 3 9,s? Why not make all the new blanks 4 9,s for all coins? why in fact change at all? Its not like 4 9 maples outsell 3 9,s ASE,s and PM has introduced this new low premium coin as competition to both maple and ase sales not just maples.

I wouldnt be surprised if the blanks were from RCM,s supplier and Australian coins minted in Perth then coins for north american sales could be minted in Canada with Canadian 4 9,s silver keeping all kangas the same

I also believe the Funnel web spider could also have been minted on Canadian sourced 4 9,s as a trial run and the reason they have all milked up just like Maples.

Just a personal theory but its plausible! Why change your blanks for just one coin when they have worked so well thus far on all other coins and will continue to do so on "all other coins"?
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I agree Fishtaco...It doesn't seem plausible that any of these coins in this series are " WHOLLY " Australian. Even the damn tubes when full rattle. Thus damaging coins during transport. Does ring true to the standard of the Perth Mint ? Perth Mint are usually more professional with their product...This all sounds like cost cutting to me. And sourcing the cheapest tender.......Cheers
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silversearcher said:
goldpelican said:
RCM mint their own blanks. Perth Mint mint their own blanks. That's definitive.

They're not in business with each other. More like arch nemesis competitors :)
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Of course they make their own blanks. Doesn't mean they don't sell their own blanks to other mints. Perth Mint do make blanks and export them ( Perth Mint advertise this ). No reason why The Canadian Mint doesn't do the same. Besides, if Perth Mint are now making 9999 blanks, wouldn't you want the use most pure silver in ALL COINS rather than 999 purity ? Unless that super pure silver is known to milk spot or have issues. Sorry GP, the new Kanga may well be struck in Perth, but I doubt that the origin of the silver does. And the same goes for Croc and the spider, something doesn't seem right. But hey, for those who just want cheap silver and are happy to resell when spot is higher this may fit the bill. They are what they are - A LOW PREMIUM COIN ...They have no collector value.

The Perth Mint and is now wholly owned by the Government of Western Australia and trades under the name "The Perth Mint". Under the current freedom of information laws such information should be able to obtain ( unless silver importation is - TOP SECRET and is exclusive under the current act ). No reason why any tax paying Australian citizen can't ask.....

Cheers
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:rolleyes:

Canada made???? :rolleyes: :rolleyes:

Canada Supplied Blanks???? :rolleyes: :rolleyes:

Source??? :P

Again & again :rolleyes: :rolleyes:


Perth have their own refinery and their own factory.
They refine Silver and Gold... ;)

http://www.goldbarsworldwide.com/PDF/RB_1_PerthMintRefinery.pdf
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American iphones made in china when America has its own tech materials cheap labor force and know how? "well why not its a global economy dont you know"

Canadian 9999 silver blanks used by PM when they have their own refinery "impossible would never happen!" lol

I think the recent immediate milk spotting on PM funnel web spider coins is due to outsourced 4 9,s silver and its plausible, I dont know if its true and you dont know that its false, bit like the person who believes their Gucci bag was made in Italy because it cost a lot like Italian designer handbags used to cost when they "were" made in Italy.


9999 pure silver and only the best purest silver used for our new "low premium investment bullion silver coin"

999 pure silver and not quite the purest or best used for our "high premium traditionally high quality collector bullion coins" DOH! lol
 
Why would PM source their blanks from RCM?

That's like sabotaging their own production knowing full well how milkspotty those blanks from RCM can get :P
 
RCM and Perth Mint are not in the business of trading with each other for blanks. RCM does not have a monopoly on refining 9999 silver.

All I can do is state the fact - I'd be in breach of commercial agreements to elaborate further.
 
Some actual coin pics , looks like the queen IS a milkspot ?



$_57.JPG


$_57.JPG
 
goldpelican said:
RCM and Perth Mint are not in the business of trading with each other for blanks. RCM does not have a monopoly on refining 9999 silver.

All I can do is state the fact - I'd be in breach of commercial agreements to elaborate further.
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Thanks GP. You can only rely on the information which you receive from The Perth Mint. And and that is fair enough. I look for evidence and proof. A eye full is better than a ear full. Are you saying that you have physically seen the 9999 refining process taken place and made into planchets within Australia ? The Perth Mint is Government Owned. As a Australian citizen I have every right to question a Government mint and their product. As it belongs to the people. I'm sure you have more knowledge about the inner machinations of what happens behind the scenes. However, I'm not convinced. There are free trade agreements ! And these free trade agreement becomes more blurred as each year passes by. Governments can do whatever they wish between trading partners. Yes, it's true that there is no monopoly on refining 9999 silver. And it's not out of the realm for Perth Mint to refine 9999 or even 99999 silver. But it is neither out of the realm that State Governments can trade, swap in any commodity including metals. As for breach of commercial agreements, fair enough. But as far as I'm concerned, and putting commercial agreements aside, the Directors of the Perth Mint ( Or the WA Government ) ( Not Bron ) can start putting up or shutting up. No need for bullion dealers or consumers to defend them. It's time they prove once and for all their products are either wholly Australian, or they do source out blanks or foreign silver ! If they do source out it's not the end of the world. But this may explain some of issues that they are having with their bullion. No offence GP - THE CONSUMER HAS A RIGHT TO KNOW. Do you honestly think that myself or others are ecstatic when we see Perth Mint bullion with milk spots ?

Ps..It that first 2016 Kangaroo milk spotting in the above thread or rubbing within the tube ? According to some in this thread the Perth Mint have resolved this issue. Looks like I didn't have to wait 12 months or even several weeks... I state my case.

Cheers........
 
Eureka Moments said:
Wonder how much underweight they'll be? :rolleyes:
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Welcome back Eureka...Long time no see. I'm always happy to reply to people in my fan club. As you know, when you had previously read all my past posts, I mentioned that I have temporarily suspended purchases of Perth Mint bullion. Due to my busy itinerary, I encourage people like yourself to buy a scale and some Kanga's and weigh them...You'll have no need to wonder.

Cheers......
 
Altima said:
Why would PM source their blanks from RCM?

That's like sabotaging their own production knowing full well how milkspotty those blanks from RCM can get :P
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I have no idea? but nobody is asking the question of why is PM is limiting their 9999 silver coins to the "lowest premium" un capsulated investment grade bullion coins?

Surly if PM are going all out to produce and refine a new for Australia 9999 silver blank it would be for all coins minted and especially more so for the higher premium coins? Why not do some tried and time tested 925,s again as well?

If you put back ASE,s into the marketing equation to which PM say they want to compete with along with maples then why even bother with refining a whole new 9999,s blank and for just one product of many?

ASE,s out sell maples anyway? are there really that many people who buy maples over other bullion just because they are 4 9,s instead of 3 9,s?

The way I see it maples have fallen from grace with many stackers due to milk spots so why spend up big on going down the same path with a potential in ruining a good reputation?

"Maples milk up and stackers dont like it" Mmmm "I know lets make a maple style coin thats 4 9,s and an all Aussie 4 9,s instead of an ASE style coin so they milk up and stackers dont like them" "Great Idea lets do it and dam the extra expense for this low premium competitor"

Yea Right! Wake up people! lol
 
Golden ChipMunk said:
fishtaco said:
I have been questioning these 4 9,s kangas since there announcement! why change your blanks to 4 9,s just for your lowest premium bullion coin and keep the rest 3 9,s? Why not make all the new blanks 4 9,s for all coins? why in fact change at all? Its not like 4 9 maples outsell 3 9,s ASE,s and PM has introduced this new low premium coin as competition to both maple and ase sales not just maples.

I wouldnt be surprised if the blanks were from RCM,s supplier and Australian coins minted in Perth then coins for north american sales could be minted in Canada with Canadian 4 9,s silver keeping all kangas the same

[ins]I also believe the Funnel web spider could also have been minted on Canadian sourced 4 9,s as a trial run and the reason they have all milked up just like Maples.[/ins]

Just a personal theory but its plausible! Why change your blanks for just one coin when they have worked so well thus far on all other coins and will continue to do so on "all other coins"?
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W rong

:lol: :lol:

The problems have been Fixed :) , hopefully they will service this problems from time to time... ;)
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Problems fixed ? NOT .....Do your research Chippy
Cheers.
 
The Perth Mint has never bought blanks from any outside organisation, all the gold and silver is processed through our refinery and mint facilities.
 
bron suchecki said:
The Perth Mint has never bought blanks from any outside organisation, all the gold and silver is processed through our refinery and mint facilities.
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Do you import milk spots then ? This sounds facetious, but when politicians say one thing believe the opposite. When Perth Mint makes statements these days turn the head the other way and ignore it. Being a Government owned mint anything said by their spokes people these days should be taken with a grain of salt. Remember Bron, when the Perth Mint start putting up. The consumer will start shutting up.

Here's a simple bit of advice for the Perth Mint - A EYE FULL IS BETTER THAN A EAR FULL

Cheers
 
bron suchecki said:
The Perth Mint has never bought blanks from any outside organisation, all the gold and silver is processed through our refinery and mint facilities.
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Has it ever had coins stuck outside PM? ;)
 
silversearcher said:
bron suchecki said:
The Perth Mint has never bought blanks from any outside organisation, all the gold and silver is processed through our refinery and mint facilities.
Click to expand...

Do you import milk spots then ? This sounds facetious, but when politicians say one thing believe the opposite. When Perth Mint makes statements these days turn the head the other way and ignore it. Being a Government owned mint anything said by their spokes people these days should be taken with a grain of salt. Remember Bron, when the Perth Mint start putting up. The consumer will start shutting up.

Here's a simple bit of advice for the Perth Mint - A EYE FULL IS BETTER THAN A EAR FULL

Cheers
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Dude, what an incredibly rude response. You ask a question on a public forum, an employee of the mint held in very high regard by most of the precious metals community worldwide (and a member on this forum for over 6 years) responds, and you tell him to put up or shut up?

No other sovereign mint in the world has an individual participating direct with the public on a level like this of their own volition. Many of us on the board personally know Bron as a result of his engagement with the Silver Stackers community over the years.

Get some respect.
 
goldpelican said:
silversearcher said:
bron suchecki said:
The Perth Mint has never bought blanks from any outside organisation, all the gold and silver is processed through our refinery and mint facilities.
Click to expand...

Do you import milk spots then ? This sounds facetious, but when politicians say one thing believe the opposite. When Perth Mint makes statements these days turn the head the other way and ignore it. Being a Government owned mint anything said by their spokes people these days should be taken with a grain of salt. Remember Bron, when the Perth Mint start putting up. The consumer will start shutting up.

Here's a simple bit of advice for the Perth Mint - A EYE FULL IS BETTER THAN A EAR FULL

Cheers
Click to expand...

Dude, what an incredibly rude response. You ask a question on a public forum, an employee of the mint held in very high regard by most of the precious metals community worldwide (and a member on this forum for over 6 years) responds, and you tell him to put up or shut up?

No other sovereign mint in the world has an individual participating direct with the public on a level like this of their own volition. Many of us on the board personally know Bron as a result of his engagement with the Silver Stackers community over the years.

Get some respect.
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I'm glad you used the whole quote. Rather than use a snippet. I have to ask you to carefully re-read what I said. I thought I was targeting the organisation rather than the individual. But it can be construed this way by putting emotion and loyalty into the mix. I ask the question "Do you import milk spots then ? " Meaning are they made in Canada ? Are they being imported in, and sorted here ( similar to Fishtaco's response above ). A fair question I think. Bron never answered the original question. I didn't ask about planchets / blanks in the opening statement of the the post. I asked were the coins minted in Canada ? The question was avoided as a politician would do. Being a benefactor of a reasonable holding of Perth Mint bullion that has turned dusty (milky), I have every reason ask questions. I find it rude that the " ORGANISATION " The Perth Mint with tax payer funding still continues to sell a product that is not up to standard. I have no clue who Bron really is, and what role he plays within The Perth Mint. And I doubt the majority on the forum would know either. As from what I have read from Bron's statements, he never clearly defines his role at Perth Mint. As for your statement- "and you tell him to put up or shut up? ". I didn't tell Bron to put up or shut up. Re-read the my statement - " Remember Bron, when the Perth Mint start putting up. The consumer will start shutting up ". It's the consumer that will shut up, and it's The Perth Mint who has to put up ( Not Bron ). Hence my last statement - A EYE FULL IS BETTER THAN A EAR FULL. When the Perth Mint and can prove that they are a mint that can make all their bullion up to a high standard you will find the consumer shutting up ( seeing is believing ).

Gold Pelican, the bottom line is - There is over 100 years of silversmithing heritage in my family. My great grandfather, my grandfather and my father would never have produced or sold a substandard piece of silverware to ANYONE. They had pride in their work. Why do so many defend and celebrate mediocrity when it comes to manufacturing and selling substandard products in this era ? If you say I'm rude because I the stand for what I believe to be right, then there should be more rude people on this planet.

Cheers
 
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