A Review of Silver Bullion Coins: From Australia to the Caribbean - AUCBURG | AUCBURG
A Review of Silver Bullion Coins: From Australia to the Caribbean
For novice collectors, the Australian Silver Koala coin can be an excellent option. Series with annually changing designs are particularly appealing, as they have good collecting potential. Unlike other popular coins, such as the American Eagle or the Britannia, Australian coins from the Perth Mint offer a number of advantages.
For novice collectors, the Australian Silver Koala coin can be an excellent option. Series with annually changing designs are particularly appealing, as they have good collecting potential. Unlike other popular coins, such as the American Eagle or the Britannia, Australian coins from the Perth Mint offer a number of advantages.
With a similar price of around 35 euros, the Koala stands out favorably from its competitors. Key advantages of Perth Mint coins, important for the Russian market:
Supplied in an individual capsule.
Absence of 'milk spots'.
High minting quality.
It's interesting to compare the two popular Australian series—the Koala and the Kookaburra. Despite the Koala having a significantly smaller mintage, its market price is often lower than the Kookaburra's.
Quokka and American Eagle
Another interesting Australian series is the Quokka. These coins have gained considerable popularity. The mintage of the Quokka is 25,000-30,000 pieces, which is a small figure for Australian coins. The series is actively developing, with the fourth or fifth coin already released.
Against the backdrop of collecting, the question of the current market situation arises. The price of silver has risen noticeably, which is reflected in the cost of coins. For example, the American Eagle has become more expensive. However, for a long-term collector, strong price fluctuations are not always a positive factor, as a lower metal cost, for example, at the $22 level, makes adding to the collection more affordable.
Quokka and American Eagle
The Quality Issue: Britannia and 'Milk Spots'
Today's reality for collectors in Russia is that the cost of a bullion coin can reach almost 4,000 rubles due to difficulties with payment and delivery. Under these conditions, the issue of quality becomes paramount. That is why coins with defects, such as 'milk spots' or scratches, become less attractive.
The Britannia coin serves as an example. Due to frequently encountered defects, interest in purchasing it is declining. There was a case where a Britannia coin with a large 'milk spot', bought for 34 euros, was sold for the same price, yielding no profit. This shows that buyers are unwilling to purchase specimens with defects, even at a good price.
The Quality Issue: Britannia and 'Milk Spots'
Rwandan Ships and Tudor Beasts
Among the thematic series, the Nautical Ounce from Rwanda stands out. The review features the 2023 Great Eastern coin. A special aspect of collecting this series is keeping the coins in their original factory-sealed packaging. Although 'milk spots' were noticed on one of the 2019 coins (the Victoria), the series as a whole remains attractive.
Another popular series is the two-ounce Tudor Beasts from the Royal Mint of Great Britain. The 2024 Seymour Unicorn coin is presented. The plan is to collect the entire series, which will supposedly consist of 11 coins, and display it in a special album. The next expected coin in the series is said to be the Dragon.
Rwandan Ships and Tudor Beasts
The Diverse World of Coins: Gibraltar and the Caribbean
The Scottsdale Mint presents a series dedicated to Gibraltar, the second coin of which is the War Elephant. These coins are also in demand among collectors.
A special place is held by the extensive EC8 series, which unites eight Caribbean countries. It has been in production for about five years, with eight coins from each country released annually, totaling more than 40 specimens already. The themes are diverse, ranging from coats of arms to flora and fauna.
Within this series, coins from St. Vincent and the Grenadines featuring a whale and from St. Lucia with its coat of arms were shown. Complete collections look very impressive and beautiful, representing a large-scale and interesting set.
The Diverse World of Coins: Gibraltar and the Caribbean