Arrival: Sydney Cove Medallion High Relief Silver Proof Coin

A reader recently mentioned in comments that the Perth Mint’s Sydney Cove Medallion High Relief Silver Proof Coin was available to order. This product was first released back in March 2010, and surprisingly has not yet sold out of its 5,000 maximum mintage.

I had tried to order this coin at some point in the past, but I believe the product was not eligible to be shipped to the US. For whatever reason, this is no longer the case and my order went through and shipped promptly.

The Sydney Cove Medallion is an artifact that was made by Josiah Wedgwood in 1789 from clay found near Sydney Cove. It depicts time’s opening scenes in the new Australian colony with four classical figures representing Hope, Art, Labour, and Peace on the shores of a bay with a ship in the background. The full title of the work was Hope encouraging Art and Labour under the influence of Peace to pursue the employments necessary to give security and happiness to the infant colony.

Beneath the scene is the legend “ETRURIA 1789”. Etruria was the main Wedgwood factory from 1769 to 1950.

The Perth Mint recreated the original design of the medallion as the reverse design of a high relief one ounce silver proof coin. Similar to the Perth Mint’s other high relief coins, it has a smaller diameter and extra thickness to create concave surfaces for both the obverse and reverse.

The obverse features the Ian Rank Broadley effigy of Queen Elizabeth II, with the legal tender denomination of “1 Dollar” and the “2010” date.

In hand the coin is absolutely stunning. Many of the Perth Mint’s coins tend to focus on animals or natural scenes, so it is a treat to see their craftsmanship applied to a scene of classical human figures. This has become my favorite Perth Mint high relief silver coin.

The one (sort of) downside to the offering is that the coin only comes together with a Wedgewood Plate bearing the same design. While the plate is nice, I just don’t have an appreciation for Wedgwood plates in the same way that I have an appreciation for coins. The plate makes a nice accompaniment and is certainly relevant to the coin, but it adds to the cost, which is listed at US $181.60.

While I probably would have ordered multiple examples of this coin, it somehow would seem odd to order multiple Wedgwood plates, so I only ordered one.

I suspect that the added plate and the earlier apparent issues with shipping to the United States are the reasons that this beautiful coin has not sold out after more than two years. The Perth Mint’s product page can be found here.

Another previously issued high relief silver proof coin from the Perth Mint that still remains available for sale is the Pheidippidis’ Marathon Run 2,500th Anniversary Coin. These coins were issued in 2010 as legal tender under the authority of the Government of Tuvalu. The limited mintage was 5,000 pieces.

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Comments

  1. says

    The Sydney Cove coin is an exquisite piece, thanks for the pictures. I have been thinking about picking it up for about two months now, and maybe I’ll use the yellow dragon as an excuse to do it later this month. I’m a little concerned all the positive press it’s recently gotten might trigger renewed interest and cause a sellout, though I suppose if it does sell out I could always just pick one up via Downies.

    I also am surprised the Marathon coin hasn’t sold out either, it’s another great product. Overall, Perth’s high relief coins are some of their best products and I’d like to see more of them.

    Maybe a price cut would help get these coins moving. There are still gemstone tigers from 2010 on their site; one would think Perth would just cut the price to something more reasonable move the remaining pieces rather than letting them eventually get melted down or just sit there in perpetuity.

    FYI, the 2012 high relief kangaroo is due next month. I’ll be buying that one on release day.

  2. Dave in CT. says

    Guys,
    Agree ! I picked these up on E-bay last year. Couple of each. Prices were better than the Perth had to offer. Did either one of you fella’s try this approach first ? Love these coins as you probably know, I carry the 2011 HR Kangie in
    my pocket at all times. It still looks new and I’m probably the only one in the world with a genuine AU or XF coin of this type. Glad to see others enjoying
    what I see might be minted or ramped up in the near future. Anything can happen, RIGHT ?

  3. saucexx says

    1st Britannias, then this. Michael I think your eavesdropping on my buying habits…….

    I also just got mine this week after they renewed the ability to order. It ships in a big box and is quite expensive to ship. I’d recommend whoever wants one to order other coins to trigger the free shipping over $300 offer. I really like the coin but could do without the plate and the overly large OGP. Like you I’d love to order more but the premium with the plate is just too much for me. Both this and the Marathon HR, which I also own, have been out since 2010. It seems strange that these haven’t sold out considering the low mintage. Any chance Perth is selling more that their announced limit?

  4. VABEACHBUM says

    Great summary on an exquisite coin!! Congrats on your purchase.

    I became interested in the Perth HR coins when their 2010 Boxing Kangaroos went on sale, and have been captivated by all of their HR releases ever since. Although I missed the initial releases of the Sydney Cove Set and the Marathon coin in 2010, I have managed to acquire one of each over this past year. Of all the HR coins issued to date – and with the 2012 Kangaroo around the corner, I have to say that the 2010 SC Medal has an immediate eye appeal that can fascinate any observer. Definitely my favorite, too.

  5. Dave in CT. says

    Does anyone have any thoughts on why the HR coins are so popular here in the US ? Could it be for the sole reason our coins are so stale ? Not just me getting tired of the same lady, year after year. Would collect the Lady if it was on a HR coin for a very long time. That is a HR, AGE in a 1 ounce coin. But I do think that it is getting tired now. The Morgans were stopped after what 26/27 years, and didn’t I read that most people despised them and refused to carry because of the weight. Thought I read this. But HR coins here (US) is the way to go. I absolutely do not care for comm-ems. But I own a few 70’s besides my dislike for them. I like the Buffalo’s, Lincoln’s and the Mt. Rushmore types. America at its best (coinage) and yes, I am a flag waiver and do not confuse this with calling me a Kool Aid drinker. I can out think a deep thinker anytime and occasionally use to praise my best friend Jones. Trouble is , I got a flat tire that hot day, I honestly could not make it to his meeting and understand it didn’t go to well. Man ! was i thirsty too. It’s allot of work changing a tire on an old Mopar with frozen lug nuts. But when I finally showed up, the refreshments were all gone and everyone was taking a nap. I found a group of boy scouts that were selling large glasses of Great Grape and Lefty lemon Lime for a nickel. They kids were not napping !

  6. Shutter says

    I agree wholeheartedly that Sydney Cove is a superbly executed coin. I suspect that it hasn’t sold out because the subject matter is so uniquely Australian but without what we’ve come to expect depicted on Australian coins (Koalas, Kangaroos, Kookaburras). I also think the plate is a nice touch. As OGP packages go, this is pretty nice.. I may even see if I can acquire one of the reissues of the jasperware medallions to make this into a nice set.

    I have tried to look for both on eBay, but I never saw the Marathon coin go for less than $90 (not that much of a bargain I think). I never saw SC coin for sale, but a few months ago I did see a completed sale of it in NGC PF70 holder (the only one). It came with OGP and the plate, and I think it went for $150 or so. I would gone after it, but it was gone before I saw it.

  7. Shutter says

    Does anyone have any thoughts on why the HR coins are so popular here in the US?

    I think it is at least in part because what many consider the most beautiful regular issue US coin was a High Relief.

  8. Shutter says

    I’m a little concerned all the positive press it’s recently gotten might trigger renewed interest and cause a sellout

    Right now Perth site shows that they have over 500 available. I’m guessing you’d still be able to get one with yellow stain dragon or even 2012 HR Kangaroo.

  9. Dave in CT. says

    Shutter, 500 ! That is something. Yes, interesting insight that it is themed in
    Australian. That would make sense. I thought both of these were in the
    $180.00 range and then Perth’s famous S@H fees. No more for me.
    Just the HR and as I said before, I ordered (pre-order) at Uber coins last week.
    I just can’t see why they have to Fed-ex everything. Although they are reliable, a person suffers when they sell any coin from them on Ebay, or otherwise, that is from what I have seen. If I could get $75.00 dollars for each of the Australian coins I have purchased from them and the RAM, I would sell them right now.

  10. Shutter says

    and then Perth’s famous S@H fees.

    Which are zero if you spend $300 at a time. And last year at the end, that threshold was $75.

    why they have to Fed-ex everything.

    Because surface mail from Australia would take months and airmail would be just as expensive.

  11. Dave in CT. says

    Shutter, Are you implying they don’t have the service that USPS is known for here ? lol… Yes, when I have ordered in the past, it has been under the $300 mark that I needed to get free S@H. China’s Post service, very interesting how it works there and how that communist country goes through every piece of mail sent from their coin dealers and the checking emails that I have been involved in with the coin dealer and myself. One lady, “wucoinsmore” ??, she sent me an email 5 weeks ago that read she was walking on daily eggshells in dealing with the local gov. officials coming in at anytime to see if she is conspiring to overthrow the regiment. I told her we don’t have this type of behavior here and we have a level of trust. And also she related about how she had to have her papers on her at all times. Reminds me of Nazi Germany and Hitler’s SS goon squad and how they pitted neighbors against neighbors. My grandma was 100% German and lived in East Germany. It was so bad (before the war and after with the Russians) that this actually continued up until the wall came down. To a minor degree now, you can’t trust your neighbor, but their is no comparison. But Wu did tell me that she would love to keep talking to me but was afraid that if she did, she would be put in jail. Isn’t that so sad. Wu also stated Americans are so lucky. At this time, my eyes started watering.

  12. says

    Shutter,

    I just figured out how to check how many Perth’s got in stock. I’m a little embarrassed I didn’t think of this earlier. I am surprised to see there’s only nine gemstone dragons left in their stock.

  13. Shutter says

    I am surprised to see there’s only nine gemstone dragons left in their stock.
    Keep in mind that just because it shows 9 available, doesn’t necessarily mean that they’ve sold the rest. The 9 is just what can be ordered online now. There could be hundreds (or even thousands) more that haven’t even been minted yet. Apparently with the Lunar coins they can go back and make more up to the maximum mintage until the end of the series (2021 I think). For the 2000 Diamond Eyes Dragon, only 3,404 were sold by the end of Series I.

  14. Shutter says

    Are you implying they don’t have the service that USPS is known for here?

    Not at all. However, surface mail from Australia means a very slow boat from the other side of the earth, and then truck from West Coast to your local post office. Whereas FedEx will deliver in a few days.

  15. Samuel says

    @Dave,
    i think it is necessary for me to say something about your comments about the wucoinbanknote. i have some knowledge how chinese market works. please dont be misled and also dont mislead others.

    “”China’s Post service, very interesting how it works there and how that communist country goes through every piece of mail sent from their coin dealers and the checking emails that I have been involved in with the coin dealer and myself. “”

    china has regulations about gold/silver import/export, and also custom regulations. many sellers try to avoid that, and dont declare the real item being shipped. if this seller can ship 25000+ items out of china (equal amount into china since the coins are not made in china), and still in business, then it shows china is not that terrible.

    get emails checked?! she is delusional, she is not human right activist!

    “”One lady, “wucoinsmore” ??, she sent me an email 5 weeks ago that read she was walking on daily eggshells in dealing with the local gov. officials coming in at anytime to see if she is conspiring to overthrow the regiment. “”

    or maybe should say “if she complies with the import/export regulations..and tries to avoid custom duties…..”

    “I told her we don’t have this type of behavior here and we have a level of trust. And also she related about how she had to have her papers on her at all times. ”

    at least, i have my DL on me all the time here.

    “But Wu did tell me that she would love to keep talking to me but was afraid that if she did, she would be put in jail. Isn’t that so sad. Wu also stated Americans are so lucky. At this time, my eyes started watering.”

    Dave, Dave, u really believe that?!! everyday, tons tons of chinese students apply for US college via emails, tons tons of working emails exchanged between here and us overseas corporations. no one is put in jail.

    well, ..sympathy taken, coins sold, commie got blamed. deal is done!

  16. Louis says

    Shutter,
    FYI- As far as re-minting the Lunar coins, that only applies to series II Lunar (the current set), not series I, which is complete and will not be re-minted.

  17. Shutter says

    Louis,

    I was not trying to imply that Series I can be re-minted NOW. The Series I coins could be re-minted while Series I was active. That means that the Diamond Eye Dragon first minted in 2000, could have been re-minted until 2010, had there been demand for it. Obviously, demand for that coin fell short a tad of 5,000. It looks like 2012 dragons are doing better than 2000, but there is still a chance that gemstone won’t sell out.

  18. Dave in CT. says

    Samuel, I was just relating to you guys about what she told me. I didn’t type in here all of what she emailed me. Some of her English was very hard to understand, but I got the jest of it. I most certainly didn’t say it was fact, just her thoughts from her situation. Sam, relax, my friend ! It’s not that serious.

  19. Shutter says

    Of course, it’s region locked. *sigh*

    Not quiet in the same way. This one is limited to Australia only. I remember reading few years ago that IOC has restrictions on sales of Olympic coins and other fund-raising schemes. I think only host country can sell world-wide.

    Notice that Canadian Luckie Loonie with Olympic logo is restricted to Canada.

  20. says

    Notice that Canadian Luckie Loonie with Olympic logo is restricted to Canada.

    I didn’t realize that, interesting. Thanks. That seems like a strange restriction by the IOC, I don’t see why it would be a big deal to sell Olympic coins worldwide.

  21. Zwiggy says

    A stamp shaped coin after the Australia shaped coin? It seems like Perth is making medallions now (like this sydney cove one)… I have never seen a stamp shaped coin, but the Pobjoy mint had made some titanium bimetallic coins with stamps featured on them about 10 years ago.

    This Sydney Cove coin is indeed very pretty – I was lucky enough to get one about a year ago on eBay for just about $95 after shipping from a German seller. I guess there was not much demand for this one (unless Michael’s blog drives people to eBay to purchase these). I actually do like the plate – I don’t like to display coins in my house, but the plate I don’t mind.

  22. Shutter says

    I don’t see why it would be a big deal to sell Olympic coins worldwide.
    Presumably so they wouldn’t compete with the host country coins.

  23. Dave in CT. says

    Samuel, interesting remark on not selling our Eagles to the Australians.
    Now that would stir up some things. Since I really have limited knowledge on their minted coins and their policies, doesn’t most silver coins from Australia usually wind up here at some point in time, and enough for everyone and at better price ? This maybe the reason why our ASE’s sell very well through out
    the world. I never thought that I would ever pay over a hundred for any newly minted coin, and that is just the cost, then you add the S@H. I did get hooked on what I discovered the last couple of years. On how beautiful other countries designs are. I especially favor Australian, Mongolian,
    Cameroon, and a few others. But as I have posted a few times now, I just have to wind it down. I can’t keep it up.

    COIN TALK ON US MINT SURVEYS:

    I was wondering, has anyone else been getting the mint survey box ? It has been coming up every time they I go on the site ? Every time(almost every time.) I just completed it a third time. I stressed that the US Mint should read the “mintnewsblog”, and take appropriate action on the type/format of coins that we collectors would like to see. Yes fellas, I did try and bribe them. One brand new Dodge 6-PACK, complete w/intake manifold, in return for a 5 year run on ASE reverse proof UHR.
    Their reply::::: How fast can you get those parts to West Point ?

  24. Broooster says

    Downies has some rather nice looking kangaroo’s listed on their site now, with some pretty low mintage numbers, 5,000. Just a heads up if anyone is interested in kangaroo’s.

  25. Dave in CT. says

    Brooster,

    I checked those out. Yes, very nice. I have the Kangie at Sunset. I see no further
    need to get more of these coins as they come out yearly. One is enough for me.

  26. says

    Wow, with silver currently going down, APMEX has the 2012 Dragon Kilo Gemstone for $1246. Also a colored dragon kilo for $986.

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