Jun 142012
 

The rapid rate at which collectors have snapped up our retail allocation of Australian Map Shaped Kookaburra coins is an encouraging sign that it’s well on the way to a sell out.

The 1oz silver proof coin is the first in a new series featuring native Australian animals. We’re planning to issue two coins per year, with the second 2012-dated coin portraying an Emu due in October.

The map-shaped concept was pioneered by The Perth Mint in conjunction with coin dealer Downies. The very limited number of examples released to date, however, provides collectors with a great opportunity to get in at the ground floor with this genre.

The first-ever Australian map shaped silver coins were issued in 2002 to mark the bicentenary of Matthew Flinders’ circumnavigation of Terra Australis. Issued as legal tender of Uganda, the four-coin set included colour designs celebrating Flinders’ ship, HMS Investigator, and his historic meeting with French explorer Nicolas Baudin at Encounter Bay in April 1802.

The following year saw the release of a Tuvalu four-coin set, this time in honour of Australian pioneers of aviation including Charles Kingsford Smith, Charles Ulm, Bert Hinkler and Rev John Flynn’s Royal Flying Doctor Service.

A revived version of the map-shaped coin concept made by The Perth Mint in 2010 was a surprise success that pointed to further potential interest among collectors. Designed as a ‘display’ piece for the Shanghai World Expo, the majority of the 30,000 Australian legal tender coins were sold in China under an exclusive distribution agreement.

The Perth Mint secured 1,000 Shanghai coins for sale to retail customers at home. The coin’s subsequent quick sell out encouraged our plans for a future series, which has now commenced with the Kookaburra release from the native animal program.

NB: The Australian Map Shaped Kookaburra coin is near to sell out and unavailable from The Perth Mint website. Please check with Australia Post or your local Perth Mint dealer for remaining availability.

 

  3 Responses to “Charting Australia’s Map Shaped Coin Success”

  1. To the Blog Team

    Has their been any thought to offering a subscription to all the coins in the set from day one. This would allow one to complete the set rather than to always have to be available when the next coin in the series is released. This way one would know they could complete the set without possibly having to deal with secondary markets. Thanks

     
  2. I’m not surprised by the quick sellout of the map shaped coin, as it had some very nice artwork on it. Of the four you presented above, I thought this one looked the best. Unfortunately, my supply of cash is somewhat drained after my purchase of a gemstone dragon, so I could not afford it.

    Here’s hoping the emu coming in October will look as nice!

     

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