New Australian Swan Bullion Coin

Discussion in 'Bullion Investing' started by stoster38, Apr 2, 2017.

  1. stoster38

    stoster38 Member

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  3. myownprivy

    myownprivy Well-Known Member

  4. ddddd

    ddddd Member

    I like it!

    Some interesting details:
    *potential series with changing designs
    *in a capsule
    *mintage of 25,000

    I just hope this release will be smoother than the silver kruggerands.
     
  5. alucard86

    alucard86 Active Member

    The Emu I believe was on a palladium coin. Oops didnt see the above post lol
     
  6. ddddd

    ddddd Member

    They are up on Apmex.

    Apmex is using its usual pricing strategy.
    *1st availability: around 24.83
    *Then 25.33
    *Then 26.33
    *Now at 27.33

    Note those are check prices for orders of 1 coin. There are volume discounts. It appears that Apmex sells 1000-2000 and then ups the price by 0.50 to $1 per coin.
     
  7. rooman9

    rooman9 Lovin Shiny Things

    Actually swans are very iconic for Australia. Don't know how many people know this but Australia is the only place where Black Swans live. Before explorers made it there no one knew Black Swans existed. So a lot of state flags and coat of arms have black swans on them.
    s-l300.jpg stock-photo-milan-italy-january-very-old-australian-postage-stamp-with-a-black-swan-435201739.jpg
     
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  8. rbh110

    rbh110 New Member

    The 1991 Pride of Australia series had an Emu on their 10g 22K (.29oz) $200 coin for that one year (reverse changed every year). I've been trying to acquire one of those for a long time without having to pay a 20% premium over melt.
     
  9. Speedbump

    Speedbump Not a New Member

    Another expensive limited mintage "bullion" coin. All these RCM and Perth series are a bit much...
     
  10. Lylelovett666

    Lylelovett666 Member

    I couldn't help myself. Snapped up 12.
     
  11. myownprivy

    myownprivy Well-Known Member

    For over $27 each per 1 ounce?!
    Crazy
     
  12. Lylelovett666

    Lylelovett666 Member

    First "investment" silver I've bought. Figured I'd take a chance. The price smarted,but I was willing to pay up to 40 for the krugs,so this wasn't entirely unbearable,just mostly.
     
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  13. ddddd

    ddddd Member

    I agree there are a lot of series, but if you pick and choose the ones that you like or the established ones (Perth: Lunar, Kookaburra, Koala; RCM: maples near spot for stacking), then you should be fine.
     
  14. ddddd

    ddddd Member

    That was my thinking as well.

    Krugerrand: 1 million mintage, $60 per coin raw, potential to be a series
    vs
    Swan: 25,000 mintage, $25-$27 per coin raw, likely the start of a series
     
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