Australian coin collectors face a restless night on Wednesday, as the national mint prepares to release what has been described as the most anticipated coin ...
Mr Kandiah has been quoted in other media as saying he was “sceptical” of the Royal Australian Mint’s decision to release a new coin, adding that he thought they might be trying to “cash in” on the popularity of the coin, rather than legitimately commemorating Remembrance Day. and Downies. The Royal Australian Mint has confirmed it will release a 10th anniversary edition of the 2012 red poppy $2 coin, which will be sold in C-mintmark form for $15 but could be significantly more in the coming days.
Leading Australian coin expert Joel Kandiah has revealed the bombshell development.
“Don’t get caught up in the hype. Play the waiting game. If you really want it, just sit and wait and the price will go down. And I think it’s a pretty dangerous game to try and do that. So it will be a 2022 coin, but with the original design and the most recent effigy of the Queen. “A lot of people aren’t able to afford what’s being sold right now. So they need to somehow recoup the cost for through collector market unfortunately.” And one serves the other, people are getting ripped off.” There are people who buy and flip, and then there are collectors. “I want what’s best for the collector, I don’t want what’s best for the flipper.” “The Red Poppy is the most in demand coin in Australia right now,” he said. “What the coin dealers are doing and what the Mint will be doing is putting purchase limits on the new Red Poppy.
The Royal Mint will release an updated version of the Remembrance Day Red Poppy $2 coin to celebrate the 10th anniversary of the original 2012 issue and to ...
'The new Red Poppy will generate a lot of hype quickly, but I can't really say what will happen to the market after that. In 2018 for the 30th Anniversary of the $2 coin set, another Red Poppy version was released in a batch of 30,000. The original 2012 Red Poppy coin was released in a batch of 503,000 but the Mint also created a rarer version of 40,902 C-mintmarked coins. The Royal Australian Mint is releasing a 2022 version (pictured) of the very popular Red Poppy $2 coin - A new version of the 2012 Red Poppy $2 coin is set to create a buying frenzy A new version of a highly prized $2 coin is set to trigger a buying frenzy on Thursday.
The in-demand coin was meant to be released around the country on Thursday, November 3, before 9am. However a series of technical issues on the Royal Australian ...
“Invest some of the millions of yearly revenue in actually improving your servers, phone lines and staff numbers. Any other business would be bankrupt if handled business the way the RAM is doing it. “This is unacceptable! “Not good at all! “Dealers sold out in minutes. “At the end of the day, the Mint knew how popular this coin was going to be, they knew about the demand, they could’ve done more. [7NEWS.com.au](https://7news.com.au/) has reached out to the Royal Australian Mint for further comment. This can’t be so hard! We say this every single time! “And the website never worked, and the Mint just kept delaying it and delaying it before eventually giving up. “People could either buy through dealers or via The Royal Australian Mint - either on its website, over the phone or in person,” he said. “The Mint is experiencing continued technical difficulties with its website,” wrote the Royal Australian Mint on its Facebook page.
The release of the 10th anniversary edition of the 2012 red poppy $2 coin, also known as the remembrance coin was tipped to be the most anticipated release of ...
Mr Kandiah has also been quoted in other media saying how he was “sceptical” of the timing of Royal Australian Mint’s decision to release the new coin, voicing his concern that he believes the Mint might be trying to “cash in” on the popularity of the coin and it’s 2012 predecessor, rather than legitimately commemorating Remembrance Day. “The Mint has delayed forming the queue for this morning’s releases to allow time to correct a technical issue with the website,” The Royal Australian Mint said in a statement. The release of the 10th anniversary edition of the 2012 red poppy $2 coin, also known as the remembrance coin was tipped to be the most anticipated release of the year and it lived up to those expectations.
The Royal Mint will release an updated version of the Remembrance Day Red Poppy $2 coin to celebrate the 10th anniversary of the original 2012 issue and to ...
Why this new commemorative $2 coin with a red poppy should be worth a huge sum – here's how you can get one. A new version of the 2012 $2 Red Poppy coin is ...
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