Tag Archives: australia silver coins

Are there too many commemorative silver coins released?

2015 batman

The coin releases from The Perth Mint and Royal Australian Mint just in the first period of 2015 are plentiful so the question is this –
Are the mints killing off a very lucrative market by oversupplying?
The releases from both the Pert Mint and Royal Australian Mint around this time include Anzac Centenary and Gallipoli releases, Eternal Love, Cricket, New Year, the Lunar series with many different sizes and types, Coin show special, sunset Batman, Gods of Olympia, Star Trek and more but you get the point.
All things considered and under normal circumstances it would appear the market is defiantly been oversupplied. Although I am not that familiar with International releases the same expansion of releases appears to be occurring with other mints as well.

The immediately effect of this has been a gradual drop in prices for previously released coins. If collectors cannot be guaranteed rising prices for their coins it does spell trouble for the silver commemorative market. It is a relatively new market really only becoming popular in the last decade or so and needs careful consideration and management by the mints.
The question in my mind is what of the future?
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Large Coins a time to buy.

 

 

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With the silver price looking to form a bottom ending its current correction and more interesting settling below the cost of production for most miners it is safe to say the silver price now is a bargain.

No one can predict the price of gold or silver as there is just to much influencing the price however the Edge Trader is better than most. Continue reading

Perth Mint Lunar Series 1

 

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The Perth Mint  Lunar Series 1 are the coins I would recommend to collect both for those just starting and those wishing to enhance their collection.

The Series has plenty going for it:

1. Tiny mintages, especially compared with other issues.
2. First series of its kind and led the way to the commemorative series market which is huge today
3. Superb quality
4. Interesting though somewhat stylized designs.
5. 100% Silver so always backed by a silver bullion price.
6. Minted by an internationally recognized mint that has an outstanding  reputation.
7. Prices are still very reasonable considering the mintage’s and scarcity of these coins.
8. Price appreciation is assured due to the mintage numbers and an increasing interest in the series.

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Book on Collecting Australian Decimal Coins

Australian Coin Collecting

My book on coin collecting is now ready.

I am at the moment sending out Free copies of my book in a PDF format, if you would like a copy visit  Silver Spirit Coins Web site and sign up on my email subscription list and a free copy will be sent to you.

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Koala Opal Silver Proof Coin

Koala Opal Silver Proof Coin

The Perth Mint has released the very unique Koala Opal coin.

The coin is in a display case, a light turns on when the case is opened representing the moon shining down on the nocturnal koala.  The 1 oz silver and opal coin is accompanied by a colourful, beautifully designed packing box.  The Opal pieces are put together in the shape of a Koala in a tree.

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New Coin Releases – Must Have

Perth Mint

On the 2nd March the Perth Mint plans to release among others

  • 2012 Titanic 1 oz Silver Proof
  • 2012 Dragon 1 oz High Relief Proof Coin

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Buying Australian Silver Bullion Coins – Which sort?

2012 Kookaburra Bullion Coin

There are 3 main Silver Bullion style coins,

  • Kookaburras,
  • Koalas,
  • Lunar.

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