Feb 062013
 

Our stand at World Money Fair in Berlin attracted plenty of attention last weekend, as did this year’s Coin Show Special. Struck from 1oz of 99.9% pure silver, no more than 5,000 of these Coloured Snake coins are available in exclusive WMF 2013 presentation packaging. Remaining stocks of this special release can now be purchased via our online collector coin shop.

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  8 Responses to “Here’s how to order your limited Berlin Show Special”

  1. Congratulations Perth, that’s a lovely boxed coin, the colours of the snake are very appealing.

    For sometime, my colleagues and I have debated why Perth, boxes, a coloured bullion coin which sells for a premium and at the same time you sell the same coloured coin to your Perth mint distributors in bulk.

    I have seen this exact coin, made available for sale, in quantities of, cartons of 100, rolls of 20 or sold as a single coin.

    Your coloured bullion products confuse the market.

    In one breath you say the coloured coins are bullion but in the next breath you say that any of your coins that undergo one or more treatments is a specimen coin.

    Surely by now, you should have worked-out if your coloured bullion coins are bullion or specimen coins.

    Surely your coloured bullion coins, can not be both.

    Please address this issue, because many of us find it very frustrating to pay $89 for the WMF 1oz coin and then find out this exact same coin is available on ebay and from your distributors in bulk, for half that price.

    Is it possible for Perth to some how mint-mark or have some other distiguishing mark on the “actual” boxed coin?
    I’m sure people would pay a premium for a unique coloured coin with it’s own mint mark but as things stand, I could re-place the boxed coin with a coloured bullion coin and no one would be the wiser.

    Another idea for your boxed coins would be to set a minimum grade for the coin.
    For example, you could still box the coloured bullion coin but guarantee a “grade” that you think would be acceptable to the market; I’d say MS 69.

    If that is still not acceptable to you, perhaps you could say that each coin is hand-selected. Surely you have grading staff that could hand select 5,000 coins?

    Any way, there’s food for thought, we like your coins and the packaging but I think people are well and truly tired of a bullion coin being presented in a box and sold as a numismatic product or a so called coin show special.

    The coin isn’t special, but you could make a coin that is special.

    Kind regards

    Billy Black Smith

     
    • 100% agree
      please find a solution

       
    • Hi Billy Black Smith

      Thanks for for your views, which are always interesting. We do acknowledge the points you raise and confirm that we are looking for ways to make future Coin Show Specials truly unique.

      Kind regards

      Blog Team

       
    • The worse thing is that those boxes (empty boxes) can sometimes be bought on ebay. Terrible!

       
    • Dear Perth Mint,

      It seems like you are in the business of selling various illustrated coin shipper (coin outer case) as suppose to selling numismatic coins.
      This is a very unfortunate situation and it has to stop soon.

      As mentioned by Billy, you should have learned by now that we felt cheated if we have to pay a premium of $50 or more just for an illustrated shopper box so called coin show special while getting the exact same “coloured bullion.

      Essentially specimen coin is coloured bullion coin and vise versa. Perth Mint better stop using the term specimen coin unless the coin is graded so it won’t be confusing to collectors.

      Grade your coin or put a special mint mark either special wording or mint mark or additonal colour if you intend to really make it so called “special” be it “coin show special” or any other “special” event. Then, the price difference would be justified.

      In regards to mintage, the real problem lies in the fact that you can still mint more coins at a later stage as to fulfill your allowable mintage. This is a real problem for numis collectors.

      In regards to mintage, we do not want to buy a limited mintage coin and at same time or even worse at a later time finds out you are minting more coins to meet your allowable mintage therefore diluting the original mintage. You need to close that loop hole of additional mintage by deciding once and for all how many you are going to mint at the beginning out of your allowable mintage and that would be it.

      The other option is you need to stick to 1 absolute number of mintage when you apply for coin approval and then you mint to your approved mintage.
      In short, there will no longer be minting shorter than allowable mintage, so there won’t be any dilution of mintage except for 1kg bullion.

      Thanks. We want Perth Mint to be more classy, price justified. and bring back the joy of collecting numis coin.

       
      • Hi Blue

        Thanks for your thoughts. As we said to Billy, we take on board the point about coin show specials and will in future be looking to make them more exclusive.

        Regarding the other issue you raise, we are very up front about maximum allowable mintages to help collectors make their individual purchasing decisions. You’ll find this policy is in-line with other minting businesses worldwide.

        Kind regards

        Blog Team

         
  2. Hello Blog Team,
    I have a question for the snake coin.
    In the pdf NUMISMATIC MINTAGES list of Perth Mint (2013_Perth_Mint_Numismatic_Lunar_Coins_Sales_to_311213)
    In the List are listed under Lunar colored Coins Series Two

    Two 1 oz Sanke $1 Coins
    First: Snake 1oz Silver proof Coloured Lunar Coin, Max Min. 10,000 Sales to Date 7,582

    Second: Snake Green 1oz Silver proof Colored Lunar Coin Max. Mint. 3,000 Sales to Date 2,000

    My question: what is the difference between the two? I
    t is not both times the coin at pictured above?

    Many thanks for a response.

    Kind regards

    Lunarcollector

     
    • Hi lunarcollector

      Great to hear from you and thanks for the question.

      The first coin you mention portrayed a yellow snake and was released by The Perth Mint worldwide. The second coin portrayed a green snake and was manufactured for distribution by a coin trade customer based in Russia.

      Hope this clarifies things for you,

      Kind regards

      Blog Team

       

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