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- - 1991 10oz Aus kangaroo gold coin (http://goldismoney.info/forums/showthread.php?t=360116)

prophet | 03-20-2009 12:14 AM
1991 10oz Aus kangaroo gold coin i have some UC 1991 10oz Aus kangaroo gold coins still in their original casings. They look beautiful without an marks or wear.....smooth as ye like :bear_w00t: Do these coins have numismatic values? i see lotsa of kangaroos, kruggerands, maples selling over their spots with gradings, etc. i guess they would be worth at least 10oz x USD1,000 each? :biggrin:

Aurora et Luna | 03-20-2009 12:46 AM
Re: 1991 10oz Aus kangaroo gold coin Quote:
Originally Posted by prophet (Post 1635856) i have some UC 1991 10oz Aus kangaroo gold coins still in their original casings. They look beautiful without an marks or wear.....smooth as ye like :bear_w00t: Do these coins have numismatic values? i see lotsa of kangaroos, kruggerands, maples selling over their spots with gradings, etc. i guess they would be worth at least 10oz x USD1,000 each? :biggrin:
Unfortunately these coins are only worth bullion. Even the 1991 proof coin with an extremely low mintage of 124 was selling in 2003 for less than its issued price 12 years earlier. The 1993 coin with a mintage of only 23 coins, struggled to generate a 10% premium above its issued price more than ten years after it was minted.

GoldandCountry | 03-20-2009 01:09 AM
Re: 1991 10oz Aus kangaroo gold coin I wish I had "some" of those. Heck, I would be happy if I had one of those.

Buyingsilvers | 03-20-2009 01:33 AM
Re: 1991 10oz Aus kangaroo gold coin maybe the extemely low volume, high price hurts any premium it might have had? Wish I had even one. l;ol

prophet | 03-20-2009 01:54 AM
Re: 1991 10oz Aus kangaroo gold coin Quote:
Originally Posted by Aurora et Luna (Post 1635896) Unfortunately these coins are only worth bullion. Even the 1991 proof coin with an extremely low mintage of 124 was selling in 2003 for less than its issued price 12 years earlier. :452: The 1993 coin with a mintage of only 23 coins, struggled to generate a 10% premium above its issued price more than ten years after it was minted.
Why do you think even with such low mintage, theres no premium on them? :452::452::452: i bought thsoe coins in 2002 for USD3300 each......

Aurora et Luna | 03-20-2009 02:48 AM
Re: 1991 10oz Aus kangaroo gold coin Quote:
Originally Posted by prophet (Post 1635992) Why do you think even with such low mintage, theres no premium on them? :452::452::452: i bought thsoe coins in 2002 for USD3300 each......
Prophet, how many of your friends can afford one?:biggrin: If 99.9% of the population can't afford to buy your coin; the premium isn't going to be generated. Below is the valuation history up to the year 2003 in Aussie dollars. Unfortunately I don't have the latest catalogue to give you current prices. I am guessing approx. $A14,000 http://www.ausbullion.com.au/liveprices.php Valuation History: 1991 Ten Ounce Gold $2,500 - Red Kangaroo Uncirc/Proof Issue ----- 7,115 1994 ----- 7,750 1995 ----- 7,750 1996 ----- 7,750 1997 ----- 7,750 1998 ----- 7,500 1999 ----- 7,250 2000 5,500 7,000 2002 5,500 7,000 2003 6,000 7,000

Goald | 03-20-2009 03:51 AM
Re: 1991 10oz Aus kangaroo gold coin Do you have any Pandas or rare Chinese coins? PM if you do.

prophet | 03-20-2009 03:54 AM
Re: 1991 10oz Aus kangaroo gold coin Quote:
Originally Posted by Aurora et Luna (Post 1636052) Prophet, how many of your friends can afford one?:biggrin: If 99.9% of the population can't afford to buy your coin; the premium isn't going to be generated. Below is the valuation history up to the year 2003 in Aussie dollars. Unfortunately I don't have the latest catalogue to give you current prices. I am guessing approx. $A14,000 http://www.ausbullion.com.au/liveprices.php Valuation History: 1991 Ten Ounce Gold $2,500 - Red Kangaroo Uncirc/Proof Issue ----- 7,115 1994 ----- 7,750 1995 ----- 7,750 1996 ----- 7,750 1997 ----- 7,750 1998 ----- 7,500 1999 ----- 7,250 2000 5,500 7,000 2002 5,500 7,000 2003 6,000 7,000
Thanks mate! Appreciate that! :36_3_12: Alas..... :confused_m:

prophet | 03-20-2009 03:56 AM
Re: 1991 10oz Aus kangaroo gold coin Quote:
Originally Posted by Goald (Post 1636083) Do you have any Pandas or rare Chinese coins? PM if you do.
No.. i am not chinese....wouldnt trust them either! :biggrin: Actually i am chinese. But i am not mainland chinese.... :biggrin: i am just starting on numis...hopeful thinking that me 10oz Roos maybe have numis value! :biggrin:

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