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First Strike Coins Perth Mint

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Australia
5 Posts
 Posted 05/11/2019  8:29 pm Show Profile   Bookmark this topic Add eaglemont to your friends list Get a Link to this Message Number of Subscribers
Hi All,

I was looking yesterday at the Lunar Series of Coins from the Perth Mint.
I found that the First Strike Coins are in the USA and not Australia.
Can someone explain why?

Regards

David
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basebal21's Avatar
13014 Posts
 Posted 05/11/2019  8:47 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I am assuming you are referring to graded coins, it's a designation for coins within the first month of release and says so on the label. Generally it does carry some premium though that varies how much from issue to issue.
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BStrauss3's Avatar
United States
4325 Posts
 Posted 05/11/2019  8:50 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Because Aussies are too snart to buy into the scam that a paper label denoting that the coin was received for grading during the first 30 days of sales makes it special?
-----Burton
50 year / Life / Emeritus ANA member (joined 12/1/1973)
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sel_69l's Avatar
Australia
21593 Posts
 Posted 05/11/2019  11:59 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Sometimes a coin that was struck within the first 100, on the first day of production, is indistinguishable in strike quality from an example that was struck 60,000 examples later.

I visited the Royal Australian Mint in Canberra, where they had a Public coin operated minting press. You put a Two Dollar coin the the slot, and out comes a fresh from the dies One Dollar coin. I was completely unaware that on the day I turned up, just after opening to the Public early in the morning, that fresh unused dies had been installed in the press. I found out about two years later.

I have examples from both ends of the run of about 60,000, and I cannot detect any difference in strike quality.
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