Has This Finally Gone too Far?
The Perth mint has released Transformer coins. No the coins dont shape-shift and try to take over the world, the simply depict transformers. But does this actually have any numismatic merit?
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Replies to This Discussion
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Permalink Reply by Aidan Work on -
You will be very pleased to know that I do have a colourised medal-coin that was struck at the Perth Mint in my collection - the Aussie 2008P $1 medal-coin that commemorates the visit of Benedict XVI,the Pope of Rome & the World Youth Day.
This was issued only in a P.N.C. (Phila-numismatic cover),but mine came from a dealer in Australia who cut up various P.N.C.s just to get the medal-coins themselves.
Aidan.
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Permalink Reply by Aidan Work on
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jraytinkey said:I'm back after a long hiatus! I wouldn't mind if it were a private company minting these, but find it strange that a gov't is issuing them as legal tender. Let's hope the US Mint never goes down this path.
These medal-coins have actually been struck by the Perth Mint on behalf of the Government of Tuvalu.
Aidan.
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Permalink Reply by Dave on -
They were minted for Tuvalu?.. Tuvalu is an island chain in the pacific ocean that has a population of about a whopping 12,000 people. Those people are either hard core coin collectors or fanatical fans of movies in the American Action Sci-Fi and Fantasy genre. Lol
I like jraytinkey’s response the best of all. They’re appropriate for a private mint, but out of place for a government. I guess it’s what ever it takes to balance the budget.
Aidan Work said:jraytinkey said:I'm back after a long hiatus! I wouldn't mind if it were a private company minting these, but find it strange that a gov't is issuing them as legal tender. Let's hope the US Mint never goes down this path.
These medal-coins have actually been struck by the Perth Mint on behalf of the Government of Tuvalu.
Aidan.
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Permalink Reply by Aidan Work on
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Dave,
Tuvalu has gone down a similar route as Palau.Palau has had a lot of colourised medal-coins struck for it,albeit,commemorating subjects that are totally irrelevant to Palau.Palau uses American Dollars,as does that other notorious medal-coin issuer,the Marshall Islands.
Unlike Palau,Tuvalu has had circulating coins,as has Kiribati.
Both Kiribati's & Tuvalu's circulating coins are extremely difficult to find,considering that Australian Dollars circulate in both countries.
Aidan.
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Permalink Reply by Indentured Servant on -
Numismatic merit? No. Novelty? Yes.
Last year I contacted the Perth mint to buy their one ounce ultra high relief gold Koala coin to pair with my 09 UHR Double Eagle. I was very impressed with the quality of the Koala and their customer service. When they announced the availability of the 2010 UHR Koala I attempted to buy it and the 2 oz gold Koala but was told that I had to buy through their US dealer as the Perth Mint would not sell directly to US based customers. I contacted the US based dealer and was told that they only offered graded coins and the prices were extreme to say the least.
Needless to say, Perth Mint has lost my business forever. Screw them. I split my numismatic gold coin budget between US and Canadian gold instead.
Bill
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Permalink Reply by Lureuin on -
I was collecting the Perth Mint 1/2 oz Reverse Proof Lunar series. They decided not to produce the last 3 years in anything but 1 oz. I communicated with them via e-mail and told them that stopping a series before it was finished was unacceptable. They said the decision had been hard and would not change, but I could buy the Series II set over the next 12 years. I sold the 9 1/2 oz'ers I had, bought the entire 1 oz set on ebay, and sent them a final e-mail telling them i would never buy anything they produced again.
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Permalink Reply by Chad Fogelberg on -
I agree. We have to take commemorative coin-making somewhat seriously. This hurts the image of the mint a little. If it was some minor mint that specialized in these, that would be different.
jraytinkey said:I'm back after a long hiatus! I wouldn't mind if it were a private company minting these, but find it strange that a gov't is issuing them as legal tender. Let's hope the US Mint never goes down this path.
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Permalink Reply by george palmer on
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If it get more young people to look at coin's then it is great my kids like the cartoons and the movie so if i got a coin on the after market for spot and gave it to them then they might keep them but like some of the people say there is one born ever day i did not see what they are selling for but i will keep my eye,s open to get one for my son i think he will like them
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Permalink Reply by Garylcsr on
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if they are silver i would think they have melt value but only melt as they are not coins at all. they would qualify as medals or tokens maybe but have zero face value so i would call them "toys" ? and yes that's a question on the end. in any case they will never fit in my collection
Gary
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