First RAM Currency Determination for 2016

trout · May 11, 2016, 05:47:37 PM

QuoteMe, I haven't regarded NCLT as 'real' coins in a long time. Proper coins circulate, or at least are intended to, and are released at face value. I may pick up the odd item that I find interesting, but I've had a gutful of granny-bait, and I won't touch this rubbish with a barge-pole.

I am starting to feel the same way Mate But I still will buy interesting (as far as I am concerned) releases but maintaining my various decimal collections at 100% is no longer an option or a concern for me .

I am actually glad in a way that RAM in its greed has led me to open my horizons and look at other numismatic options like the Maundy coins I now pursue with the same passion I held for my now defunct $1 collection

A large percentage of the money I used to spend on my hobby is now going overseas instead of being spent in Australia and I doubt very much that I am alone in this .

r9453 · May 11, 2016, 06:05:26 PM

Quote from: 'trout' pid='88512' dateline='1462954657'A large percentage of the money I used to spend on my hobby is now going overseas instead of being spent in Australia and I doubt very much that I am alone in this .

In my case its 100% - although my attention is directed toward pre-decimals which were my first area of interest in any case.

Fulvio · May 11, 2016, 06:09:11 PM

Quote from: 'trout' pid='88512' dateline='1462954657'A large percentage of the money I used to spend on my hobby is now going overseas instead of being spent in Australia and I doubt very much that I am alone in this .

I'm sure you're not. :angel:

Me, I've developed a soft spot for the UK's 20-pound silver coins at face value. Pity they cost so much to ship.

And about the only thing I've bought lately has been the second lot of News Ltd coins, only because I think this is going to be a four-year deal, and it makes sense to have the set.

Then again, I've also given up chasing non-existed UNC coins, after not seeing ANYTHING in 12 months.

Maybe I'll start noodling again. Haven't done that properly in years.

interest · May 11, 2016, 11:29:30 PM

The guy from RAMint is denying that there will be 35 two dollar coins released this year.

Dion Buck said:
Hi Robert,
Care to enlighten us with where you may have received this information?
Thanks, dion.

Hi Dion
From here,
https://www.legislation.gov.au/Details/F2016L00733
items 36 to 72. is this not correct?
Cheers
Rob

Hi robert,

It is correct. What it is not, is a record of all coins to be issued. I'm not going to go through this here because its not why we chat here, but keep your eye on the mint to see when new coins will be issued. On the day we release our 35th $2 coin for the year I'll personally buy all of you a drink.

Thanks mate,
Dion.

trout · May 11, 2016, 11:39:05 PM

Yes I read that, looks like they will span into next year.

purplepennyhunter · May 12, 2016, 09:34:35 AM

The RAM can't comment officially, I get the feeling Dion is tip toeing around it that's all he can do. To me he's implying we've got it wrong but it's there in black and white but perhaps they'll put the skates on the idea with negative comments.

I see all the colours of the Olympic rings for the $2 -that's 5. Perhaps we're looking at sets each with C, M, B, C, A and P (6) counterstamps or mintmarks. That makes the 35 we speak of.

edit: gosh it's confusing.

trout · May 12, 2016, 09:48:11 AM

From the negative comments I have seen so far regarding these coins I imagine that it has put Dion in an awkward spot poor bugger.
At least these coins are refreshingly NOT War related for a change.
Maybe they will do a "Back flip" on these so that they don't have to add these to the ABC coins they are unable to sell :angel:

Fulvio · May 12, 2016, 12:41:24 PM

Interesting.

Correct me if I'm wrong, but a determination is a licence to make money, not an order, right? So while they CAN produce them, they're under no compulsion unless needs arise?

purplepennyhunter · May 12, 2016, 05:48:23 PM

Quote from: 'Fulvio' pid='88542' dateline='1463022684'Interesting.

Correct me if I'm wrong, but a determination is a licence to make money, not an order, right? So while they CAN produce them, they're under no compulsion unless needs arise?

Yes that's right, they don't have to make all the items in the determination.

trout · May 12, 2016, 05:51:09 PM

QuoteYes that's right, they don't have to make all the items in the determination.

Maybe common sense may prevail after all :angel:

Fulvio · May 12, 2016, 11:14:20 PM

Quote from: 'trout' pid='88555' dateline='1463041269'Maybe common sense may prevail after all :angel:

Have you gone off your meds?

? This IS the MINT we're talking about here, after all. :diablo:

"common sense"... :dodgy:

trout · May 12, 2016, 11:43:22 PM

Nothing wrong with my meds Mate, Without them I would be perfectly normal :diablo:

I am more concerned with what they put in the cakes for smoko at RAM these days :angel:

ausjack · May 18, 2016, 06:56:37 PM

Quote from: 'trout' pid='88586' dateline='1463062402'I am more concerned with what they put in the cakes for smoko at RAM these days :angel:

:angel: Maybe this

made into this trout :blink:

runway · May 18, 2016, 09:56:37 PM

If all are circulated they will be great

trout · May 18, 2016, 09:58:52 PM

HeHeHe