Perth Mint Product Releases Include More 2013 Year of the Snake Coins

The Perth Mint has just started accepting orders for an array of new products. The new releases are dominated by different collector versions of the Australian Lunar Series II Year of the Snake Coins, including the low production Typeset Collection, the high relief version, gilded, colored, and gemstone editions. Other new products include the latest releases within the Bush Babies II and Animal Athletes series.

For collectors in the United States, sales will begin as of October 1, 2012 at 12:01 PM ET. These coins can all be found as the first entries within the recent releases section on the Perth Mint’s website.

Perth Mint Product Page

The product most likely to sell out quickly is the 2013 Year of the Snake Typeset Collection. This set includes four 1 oz. silver coins showcasing four different finishes. The product limit is only 1,500 sets.

The reverse design of each coin features a snake curled around a tree branch with the Chinese character for “snake” and the inscription “Year of the Snake”. The obverse features the Ian Rank-Broadley effigy of Queen Elizabeth II with the “2013” date and monetary denomination.

The different finishes include a silver proof coin with a frosted design and mirrored fields, a specimen quality gilded coin with the snake highlighted in 24 karat gold, a specimen quality colored coin with the snake in green and yellow, and a bullion version featuring a mirrored design and frosted background.

Perth Mint Product Page

The 2013 Year of the Snake High Relief 1 oz. Silver Proof Coin will begin sales. The Perth Mint’s high relief coins are struck on extra thick planchets with concave surfaces, which present a stunning display of the design.

This coin carries a mintage of 7,500 pieces and comes in a display case with illustrated shipper and numbered certificate of authenticity.

The Perth Mint’s high relief silver coins have usually proven popular with collectors and are impressive in hand. Some other high relief coins that remain available for sale include the 2011 Kangaroo, 2012 Kangaroo, Sydney Cove Medallion (my favorite), and Pheidippidis Marathon Run.

Perth Mint Product page

The colored edition of the 2013 Year of the Snake Coin is also available. The same basic design is used on a 1 oz. silver coin, with the snake colored in black and yellow on a proof quality coin.

The mintage limit for this product is 10,000 worldwide. As typical, the coin comes housed in a display case with illustrated shipper and numbered certificate of authenticity.

Perth Mint Product Page

The next Year of the Snake Coin features the snake gilded in 24 karat gold. These 1 oz. silver coins are produced in specimen quality and carry a mintage limit of 50,000.

Two different ordering options are available for the product. The first is the coin in the individual presentation case, and the second is the coin in a capsule with certificate. The latter option is for those assembling a collection of the Gilded Australian Lunar Series II coins in the 12-coin collection case offered by the Perth Mint.

Three out of the five prior gilded editions remain available for sale on the Perth Mint’s website. The available coins include the 2009 Gilded Ox, 2010 Gilded Tiger, and 2011 Gilded Rabbit.

Perth Mint Product Page

The final 2013 Year of the Snake Coin released today is the gemstone edition. This is a 1 kilo 99.9% pure silver coin in specimen quality, with a colored design and black diamond set in the snake’s eye.

The mintage is set at 5,000 coins, the same level used for at least the prior two years. I recently noted the low sales of the Year of the Tiger Gemstone edition in this post.

Perth Mint Product Page

The second release within the Australian Bush Babies II series features the Australian Possum. The design features a colored image of a baby possum on a 1/2 oz. 99.9% pure silver coin struck in proof quality.

The mintage is limited to 10,000 pieces. Each coin comes in a display case with an illustrated box shipper with a numbered certificate of authenticity.

The first release of this series featuring a baby Kookaburra still remains available for sale. The future releases of the series will feature a baby Platypus, Echidna, and Wombat.

Perth mint Product Page

The final release within the Young Collectors Animal Athletes series is also available. The aluminum bronze $1 coins of the series depict animals with amazing abilities.

The coins come in illustrated presentation cards, which fold out with illustrations and information about the animals. A specially designed coin album to fit all six coins of the series is available for purchase with the kangaroo coin.

Individual versions of the initial five releases of the series featuring the kangaroo, monarch butterfly, cheetah, sailfish, and rhinoceros beetle, all remain available for purchase.

As a reminder, in the past some of the most popular releases have quickly changed status to “unavailable” after the initial rush of orders from US based customers. For previous months, sales have re-opened for some of these unavailable coins around 9:00 AM Perth Time (9:00 PM ET). This provides another opportunity to order for anyone who missed the initial availability.

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Comments

  1. Frankie says

    There is enough space in the case to collect the remaining 2oz proof coins. This lunar cycle runs until 2019.

  2. Shutter says

    The Perth site calls it the “12 coin 2 oz proof set”…if it only had six years of 2 oz coins, wouldn’t they call it the “6 coin 2 oz set”?

    Or it could be 6 coins plus subscription for 6 more to come.

  3. says

    This is also rather strong evidence that we might see a standalone release of the two ounce proof for future Lunar years. I am rather dubious that people will take the two ounce proof out of their three coin proof set set to put it in this case, so I think there is likely to be standalone two ounce proofs for 2014 and onward.

  4. Frankie says

    I honestly think the Perth Mint is taking the p**s… (me being British for a second).

    On a different note, APMEX is just selling the 1oz 2012 PCGS MS-70 dragon for $79.99 as part of their 24h sale (runs until 11am ET Oct03). 3700+ in stock. Is that a good deal? I think so considering the bullion alone was $59.99 a short while ago as part of their 24h sale. Worth buying a couple I guess.?

  5. says

    Frankie,

    Probably only for dragon fanatics.

    The problem with buying slabbed 70 Perth coins is that in my experience, raw Perth coins tend to be really good quality for the most part. I have made many, many purchases from both Perth direct as well as from third party dealers and have yet to receive a Perth coin with any real problems visible to my naked eye or my jeweller’s loupe. I honestly don’t see the point in buying Perth bullion rated at 70 unless you’re hoping for flipping profits.

    Grading companies are good for older coins or for modern mint known to have production problems, but I don’t really think Perth stuff benefits much from being graded.

  6. Samuel says

    F, if they have thousands, u better wait until next, next, next on sale. u see the 20 for 20 coin? they have been there several times!

  7. Louis says

    I think $80 for an MS70 snake is fair if you like graded, but I tend to agree it’s not worth getting that stuff graded. On the other hand, MCM sells PF-70 versions of the dragon proof 1 oz for around $300, which is a good premium.

  8. Louis says

    The Nov. line-up is forcing me to give serious thought about whether there are many Perth products I still want to collect, maybe just the HR and bullion Lunar coins at this point and 1 oz and special edition Kookaburras, which I really like.

  9. Two Cents says

    Anyone else having a problem logging into your account on the Perth Mint website? I get a message saying, “You are not able to login at the moment. We apologise for the inconvenience.”

  10. Schalk says

    I have serious doubt whether I will continue to collect Perth Mint Lunar II coins if it turns out that the 2oz proof set, scheduled for next month, is the same 2oz proof coin from the 3-coin annual set. The premiums the 3-coin sets command in the market, will be substantially harmed by such a move and will, undoubtedly, have considerable impact on loyal Perth Mint collectors, such as myself.

    Let’s hope that this is not the case.

  11. says

    Schalk, from what I can tell it is the same coin. Check Bullion Baron’s post here for more details: http://www.silverlunar.com/2012/10/australian-lunar-series-ii-2oz-silver.html

    Keep in mind that even if the mintage of the two ounce proofs are increased, it should still be the lowest mintage Lunar II coin. The one ounce proof has a “true maximum mintage” of 7,500 and seems to perform fairly well when all is said and done.

    I do think this could have an unfortunate impact on secondary market values, however.

    I will continue to collect Lunar II coins, but I am going to restrict myself primarily to the core products at this point. There’s just too many snake products coming out, and this is only month three! I don’t have the money to keep up anymore, and I stretched myself considerably just to get most of the dragons.

    There’s already weakness showing in the snake lineup with the failure to sell out of the one ounce kilo proof and the half ounce proof from September, and the colored proofs from this month. Sales of the high relief snake are moving at a good clip, but aren’t flying off the shelves like the dragon high relief was. I think there needs to be fewer snake products, not more. The pace set by the 2012 dragons is unsustainable.

  12. Samuel says

    Captain, u said 2oz snake “should still be the lowest mintage Lunar II coin”. # of snake is different than that of the dragon?

  13. says

    Samuel, I didn’t mean to confuse.

    The two ounce proof coins, overall, are still the one of the lowest mintage Lunar II coin, even with this new set that is being released. The overall number of two ounce proofs for each Lunar II release has been increased from 1,000 to 2,000. I was referring to the Lunar II series in general rather than just the snakes.

    I don’t think there are any Lunar II coins which have a mintage lower than 2,000 except the kilo proofs (of which they mint 500).

  14. Samuel says

    Captain, thanks for the clarification. perthmint’s numbers are always confusing. a thousand here , a thousand there,,,,,,

  15. saucexx says

    Two Cents,

    I had the same problem and had to re register to check out with the HR snake. I’m not sure what the problem is.

  16. Samuel says

    Captain, i just checked my record, i did not receive any shipping notice email for the 3-coin set last month. did u receive one?

  17. CW says

    I cannot see how flooding the market with similar colored coins is good for the hobby. Personally, they look cheap to me (along with every colored or gemstone coin I have seen).

  18. Louis says

    I’ve been picked as well. The Wedgewood plate is larger than I realized after seeing the video. I am looking forward to the Sydney Cove.

  19. says

    Samuel,

    I did receive a notice, yes. I’ve gotten one for every Perth product mailed to me so far.

    Louis,

    The Wedgwood plate is about the size of the average dinner plate. If you were crazy, you could eat food off it. The box itself is huge and is a little bigger than what an average board game comes is. The shipping container will be enormous.

    Incidentally, if you don’t mind my asking, what did they charge you for shipping? I assume you didn’t go over $400 AUD for the free shipping?

  20. saucexx says

    Louis,

    It’s kind of funny how big the shipping box is when all you really want is the coin. And I still haven’t found a place to put the OGP that doesn’t get in the way.

  21. Broooster says

    My Perth order is on the way, for anyoe keeping track, and I did get an e-mail notification.

  22. Ikaika says

    I quit funding the Perth mint operation a while ago. Their products are mostly overpriced and seldom increase in value. They do remind me of the Franklin mint. IMHO.

  23. Frankie says

    Yes, Ikaika, you are right. But as a collector you may want to stay onboard because their coins are surely one of the prettiest around…

    I just received an email from a German Perth Mint distributor to pre-order the 2oz Proof Set. The price is EUR749.90; adding postage of EUR30 and subtracting 7% tax (which you won’t have to pay if you live outside the EU), it costs roughly $980-$1000 depending on how the exchange rate goes. That works out at roughly $83 per oz of silver. Not bad at all. They also offered exclusive pre-purchasing for the remaining 6 coins.
    Needless to say I jumped on the bandwagon.

  24. Schalk says

    Frankie, personally I like the Canadian Snake coins a lot more than the Perth Mint’s. The Scallop proof is striking in hand and much more appealing than the Perth Mint coin. Even though they have a much higher mintage, the Perth Mint cannot beat them for design – or the packaging provided for the 12-year cycle – the most beautiful wooden case for coins I have ever seen (Alone worth $150+).

  25. Frankie says

    I have no affiliation with them, but ordered a few times before: http://www.silber-corner.de/
    Use the google translator function at the top of the screen and then drop them an email using the contact function at the top right.
    Just ask them to send you an invoice for the 2oz proof set and that you would like to pay by credit card (2.5% surcharge). If you give them your address they should be able to do at no problem.
    They still have more than 100 snake typesets in stock if anyone is interested. Shipping is a flat rate of EUR30 to the US, but don’t order for more than US$2k or you will have to pay duty (you shouldn’t if it’s lower than that, at least I haven’t had to so far).

  26. Samuel says

    their price is very good. and they have 100 sets? thats why people cant buy from the mint directly.

  27. Louis says

    Schalk- I agree about the RCM’s lotus snake. It is absolutely awesome! Certainly one of the best coins of the year, and I like the box it came in. Would make a great gift if one knows any snakes.

    For what it’s worth, I find German dealers to be very reliable. You will get what you paid for, but I have not tried the specific one mentioned here.

  28. Louis says

    Frankie,
    I could not see the 2 oz proof set pre-order. Where did you see it
    listed?
    Thanks.

  29. Frankie says

    It’s not listed yet. I subscribed to their newsletter which had details about the 2oz proof set. As I mentioned above, just contact them and ask about the 2oz proof set.

  30. Frankie says

    It looks like we’ll have another “exclusive to …” coin coming:

    •Australian Lunar Series II – 2012 Year of the Dragon 1oz Gold Proof High Relief Coin (excluding USA)

    I’m really tired of that…

  31. Samuel says

    Australian Lunar Series II – 2oz Silver Proof Twelve-Coin Collection (excluding Europe)

    Australian Lunar Series II – 2012 Year of the Dragon 1oz Gold Proof High Relief Coin (excluding USA)

  32. says

    Frankie,

    I’m not a big fan of the exclusions, either.

    However, in the case of the high relief gold snake, it’s not to the advantage of collectors to buy it from Perth’s website anyway. The initial asking price is likely to be around $3100, and I think the best thing for those who want this coin is to buy from a third party dealer once the pieces have been released. I expect the price will come down quite a bit. I have seen this happen with other gold Perth coins in the past which had excessively high premiums.

    I really like the idea of a gold proof snake, and think it will be a great looking piece, but I think it’s very unlikely I’ll be able to afford it.

  33. mike1960 says

    h. thatThis summer I bought young collecters mythical creatures for $30 and now I see it on Gainesville coin for $300,Any one know whats going on with that.

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