MM_Man said:
G'day all,
Thanks for the share AgAuNEWS. And thank you to the rest of you for your comments. It is much appreciated.
Intrigued by the pricing comments however. Are you able to elaborate please? Most of our product currently is at the regular ol' mints' issue prices.
Love to hear your feedback.
MM_Man.
Hi there,
Not that long ago the Melbourne Mint only sold a couple silver products, mainly the Melbourne Mint design 1oz silver coins and 1kg Bars. I loved both products, in particular the 1oz silver coin design and would have bought a couple monster boxes had the price been reasonable. But the price was much higher than the same year world recognised and sought after Perth Mint Kookaburras, I remember thinking to myself "how do they justify these prices to themselves?". Although I love Melbourne and believe it to be one of the best cities in the world and a passionate silver stacker, I would love to have some Melbourne Mint products in my stack, I just can't bring myself to pay those prices, not even for 1 coin, I'd feel I was paying tourist prices at an Airport gift shop. For example the Ned kelly proof coin is on the site for around $25 for a 1/10th ounce coin (thats $250 per oz), you have more chance of being kicked to death by a duck than getting me to pay those prices. But maybe thats just me, I can't find the Melbourne Design 1oz coins on the site now and assume someone was prepared to pay the prices the mint was asking?
I think the Melbourne Mint design and product are excellent, and would walk out the door if they were reasonably prices. I would love to see the new flinders street station design on a 1oz coin.
Regards,
Scott