Silver Bullion Coins 2018: Some surprising news from Australia

[coinosseur]

An official document from the Australian government reveals extremely exciting details for the Australian Bullion Program of 2018:

https://www.legislation.gov.au/Details/F2017L01024/Explanatory Statement/Text

The most important facts at a glance:

- The Wedge Tailed Eagle gets a new design in 2018
- The "Emu" returns - as a silver bullion coin
- As a successor of the "Dragon & Phoenix" coin comes a "Dragon & Tiger" coin
- The swan comes out in 2018 as silver and gold coin
- There will be a 1.5 ounce silver coin "fresh water crocodile"

[boon]

Emu sounds cool  

Cheers for the link i'll have a read of that 

[coinosseur]

Thank you I was so excited when I saw the document first ... as Australia is one of the most popular bullion producers in the world, I assume that they won't overstress things with their new products :-)

[Pete]

When an Australian coin is first released - where is the best place to buy from for us stackers in the UK ?

[muenzdachs]

In the document I can see a Gold Swan 2017 as well - so that one should come anytime soon?

[muenzdachs]

4 minutes ago, muenzdachs said:

In the document I can see a Gold Swan 2017 as well - so that one should come anytime soon?

 

[augur]

It's already available from the mint 

[muenzdachs]

Gold Swan should be issued by end of October

[PolarPanda]

38 minutes ago, muenzdachs said:

Gold Swan should be issued by end of October

Is there any news already about the silver proof 2017 version? I see they mention it in the document. 

[fehk2001]

Dragon + tiger 

Very gangster feel 

Anyone knows why ?

[sovereignsteve]

No mention of the silver lunar dog series, wonder if they were in this year's bulletin?

[coinosseur]

They are set to be presented on September 1st, the design has already been revealed to dealers.

[fehk2001]

9 hours ago, sovereignsteve said:

No mention of the silver lunar dog series, wonder if they were in this year's bulletin?

they have now updated the link 

[PolarPanda]

16 hours ago, coinosseur said:

They are set to be presented on September 1st, the design has already been revealed to dealers.

I really appreciate you sharing this kind of inside information with us. Great! Thank you! 

[coinosseur]

Always a pleasure to get in touch with fellow silver stackers from all over the world and share the passion :-)

[vand]

Think I'll just stick to the kookaburra series and the occasional lunars.

The saltwater croc coin was fugly as hell.

But at the end of the day its all just silver.

[Shoba]

When will you be able to purchase the Lunar dog? 

[fehk2001]

5 hours ago, shortstack68 said:

September

When will you be able to purchase dragon and tiger ? If u know 

[Pete]

On 21/08/2017 at 14:46, Pete said:

When an Australian coin is first released - where is the best place to buy from for us stackers in the UK ?

Bump - any feedback as genuine question ? as I need to buy several 2018 coins when they appear.

[sovereignsteve]

In general, German dealers, but direct from Perth Mint (for numismatics) can be better if you order enough to get free shipping and then only pay the 5% vat

I'm working on the PM to try to get them to use the correct customs code

[fehk2001]

27 minutes ago, sovereignsteve said:

In general, German dealers, but direct from Perth Mint (for numismatics) can be better if you order enough to get free shipping and then only pay the 5% vat

I'm working on the PM to try to get them to use the correct customs code

wow now euro to pound 1.08 , by the time u pay its about 1:1.05 that's worst than tax whatever code

[sovereignsteve]

19 minutes ago, fehk2001 said:

wow now euro to pound 1.08 , by the time u pay its about 1:1.05 that's worst than tax whatever code

In theory, prices will depend on relative spot prices compared to the AUD. The PM will buy silver in $ and convert to a coin sold in AUD. If I buy direct from PM, cost will depend on GBP:AUD exchange rate and cost of coin in AUD. If I buy from Germany, assuming high € and normal AUD, price should be the same relatively speaking, as coins will cost less € but my GBP won't go as far. Effects should cancel out.

[fehk2001]

5 minutes ago, sovereignsteve said:

In theory, prices will depend on relative spot prices compared to the AUD. The PM will buy silver in $ and convert to a coin sold in AUD. If I buy direct from PM, cost will depend on GBP:AUD exchange rate and cost of coin in AUD. If I buy from Germany, assuming high € and normal AUD, price should be the same relatively speaking, as coins will cost less € but my GBP won't go as far. Effects should cancel out.

in theory yes but require perfect timing most of the time, especially collectables their price wont change much downwards so it will pretty much depends on exchange rates  .