Sold a gold Panda; WOW those silver Australian Kookaburras are gorgeous

I traveled to my LCS this morning (~1.25 hours each way and back) today to sell a surplus (collection multiple date) late 80's 1 oz gold mint-sealed Panda. I was paid $5081.00. I purchased this particular gold Panda in 2010, from the same shop.

Perusing the shop cases I came upon trays of 1 oz Australian Kookaburra silver bullion of various dates. These are gorgeous coins. Until today I had only seen pictures but in person their beauty and mint quality is truly astounding...and the Kookaburra bird design changes EVERY year.

I also collect silver China Pandas, with it's annual changing design. I thought, oh great...I can see buying just ONE Kook and then I'm addicted here too.

All I thought about were Kooks on the trip home. Heaven help me

edited

 

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So did you get one?

 

That is a nice looking coin.

 

Kooks are addictive and Kool

 

I like it.
So? Who exactly is the Kooks?

 

@lordmarcovan was selling a batch of five ounce Kooks but I believe he has liquidated all of them. I bought one of them and then sold it for some FUN walking around money. And yes they are quite attractive.

 

I do hear them out in nature once in a while.

This is how they sound. Not my video by the way



That is how they really sound!

 

Yeah, I just used my points and bought one off Apmex for about half of spot. That's an above average design this year.

 

No BUT these are at the top of my "next purchase" list!

 

I have one....I think it's ICG graded MS-70....a Reverse Proof...I bought it at 2013 at a local coin show in the NY area.

 

That's an ICG holder?

 

It’s IGS most likely, which is one of the “basement” graders. The coin might still be a 70 but the market does not value this particular slabbing company.

Also, the “reverse proof” part is sort of true-it’s a normal bullion issue from Perth Mint but they have a similar appearance to some of the coins we tend to refer to as reverse proofs (they are not struck to the same standards as a proof though).

if you scroll down in this linked thread, there is an Ike in one of those slabs.

https://www.cointalk.com/threads/independent-third-party-grading-services.264912/page-3

 

DDDD is right, I think Mr. N.....I only have the pic on my smartphone but I think he's right. I remember it was a "weird" holder and grader. I'll try and check but it sounds right.

Don't even recall where I bought it...I think it was at some crappy local coin show I drove an hour away to go to...show stunk...and I just bought something that was the cheapest thing that was decent so it wouldn't be a total loss.

 

Interesting, thanks for that info D5.

So it IS a Reverse Proof or a Reverse Business Strike.... they just call it something differently ? The word "REVERSE" is on the label.

 

The Queen in blackface
Gotta gits me one dem thangs

 

It is the normal business strike. Pretty much all of the Perth bullion coins (lunars, kooks, koalas) look like this. However, some companies, including this IGS slab, refer to them as "reverse proof" since they sort of resemble the reverse proof Eagles the US Mint made. Perth also releases standard proof coins of many series and those tend to sell for more than the bullion versions (many also feature a stronger cameo than the US Proof coins).

 

makes me want to dig some of mine out and show and tell.

 

It's good to find a fellow panda collector. Not many around anymore.