Does anybody collect these bullion coins?

Discussion in 'Coin Chat' started by JPeace$, Feb 10, 2014.

  1. JPeace$

    JPeace$ Coinaholic

    Okay, I traditionally collect U.S. Coins and also am learning to value world coins as well, but I do also like bullion and bullion coins. I recently saw this bullion coin and thought it was interesting, not only in design, but in the history of the ship and it's impact on the world.

    I purchased just this one so far, as I want to see it in hand. I'm not big on painted coins, so before I spend ~$100 for a bullion coin series, I want to see one in hand.

    [​IMG]

    Does anyone else own any of these bullion coins? If yes, what do you think of the detail and design of the bullion coin?
     
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    This doesn't appear to be a coin. It has no country of issue, year of issue or denomination. Talisman also sells medals. A medal usually commemorates a person, place, or historical event. This medal is commemorating famous ships of the world. Some medals might include a year of issue, but it isn't required.

    Chris
     
  4. JPeace$

    JPeace$ Coinaholic

    Thanks Chris. I don't actually consider any bullion to be a coin. Here are the specs on the coin.

    Country Tuvalu
    Mint Perth Mint of Australia
    Year of Issue 2011
    Face Value One Dollar
    Weight 31.135 g
    Diameter 40.60 mm
    Gauge (Thickness) 4.00 mm
    Mintage Limit 5,000
    Finish Proof with Color
    Composition.999 Fine (Pure) Silver
    Edge Reeded (milled, serrated)
    Artist Tom Vaughan (obverse)
    Raphael Maklouf (reverse)
    Certificate Individually Numbered
     
  5. Cringely

    Cringely Active Member

    As with any bullion medal, unless you really love the design (i.e., not purchasing it for investment), you shouldn't pay more than a slight bit above melt. Medals (and many bullion coins) have no numismatic value. When it comes time to sell, you will lose whatever premium you paid.
     
  6. JPeace$

    JPeace$ Coinaholic

    Yep, understand that all going into it. I don't collect a lot of coins like this, but the design and history it tells about the ship interested me.

    I was just wondering if anyone else has purchased these and what they thought of them. I am in NO WAY imagining that this purchase will go up in value.
     
  7. Tom B

    Tom B TomB Everywhere Else

    They might be nice, though I have not seen them in-hand. Tuvalu is a tiny island with a relatively long history of outsourcing bullion coinage to be marketed around the world. For their size, they might be one of the leaders in custom bullion coinage.
     
  8. JPeace$

    JPeace$ Coinaholic

    Thanks Tom. I know the Perth Mint actually produces the coin, but I just couldn't resist it. I'll be back home this Friday and the coin should be waiting for me. I typically don't like or buy these types of bullion. I'll be interested to see it in hand.
     
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