New Zealand Mint TF coins

Discussion in 'Transformers News and Rumors' started by BlitzFire, Jan 25, 2013.

  1. Subria

    Subria Well-Known Member

    Joined:
    Sep 19, 2005
    Posts:
    279
    News Credits:
    1
    Trophy Points:
    182
    Likes:
    +3
    It's not the official mint of New Zealand in case any of you were wondering - all legal tender is created for the Reserve Bank of New Zealand, and special commemorative issues for New Zealand legal tender is sold under license by New Zealand Post (New Zealand Post Coins).

    This particular company produces some legal tender for the government of Niue. Niue itself uses the New Zealand dollar as the legal currency - however those are produced by the Reserve Bank of New Zealand, so these coins would be effectively of use only on Niue (were you to use them). Other than that, no real value apart from the metal used in them.
     
  2. rework

    rework The Voice of Experience

    Joined:
    Jul 31, 2002
    Posts:
    1,829
    Trophy Points:
    247
    Likes:
    +62
    To be fair, the value of the metal far outweights the face value of the coins anyway. Pretty standard with all precious metal coins.
     
  3. Scourge_151

    Scourge_151 Never gargle the rum. TFW2005 Supporter

    Joined:
    Aug 29, 2003
    Posts:
    3,785
    Trophy Points:
    322
    Likes:
    +234
    You looked up how much 2oz of silver is lately? Plus the design costs, die cutting and design costs, cost of running the coining press, costs of pad printing the designs, cost of packaging, care that gets taken to make sure they're not touched by anyone before they're sold?

    All adds up, I work for a mint with a collector coin division so I'm pretty sure that is the least of the costs factored in.
     
  4. zzyss

    zzyss Well-Known Member

    Joined:
    Sep 15, 2004
    Posts:
    81
    Trophy Points:
    147
    Likes:
    +1
  5. Scaleface

    Scaleface Well-Known Member

    Joined:
    Jun 24, 2009
    Posts:
    27,368
    News Credits:
    99
    Trophy Points:
    392
    Location:
    Michigan, USA
    Likes:
    +11,986
    Ebay:
    If they had been decoed as the Golden Disks, I might have been a little more interested.
     
  6. b.winn1

    b.winn1 Well-Known Member

    Joined:
    May 19, 2009
    Posts:
    1,162
    Trophy Points:
    176
    Likes:
    +0
    Something like this will always have value just for the silver alone but one ounce of silver is 36 dollors and these are 238 dollors for 2 1ounce coins your getting a meg and optimus pic on it lol talk about exploting the market
     
  7. rework

    rework The Voice of Experience

    Joined:
    Jul 31, 2002
    Posts:
    1,829
    Trophy Points:
    247
    Likes:
    +62
    You should check your math. $97.50 for one vs. $279 for two is not "half the price".

    And how long ago was that price? The cost of silver has gone up significantly the past few years.
     
  8. The Madness

    The Madness News Credits: -13

    Joined:
    Aug 17, 2003
    Posts:
    1,867
    News Credits:
    3
    Trophy Points:
    282
    Likes:
    +3,189
    Dammit! I read HM Queen Elizabeth II as "Head Masters Queen Elizabeth" not "Her Maj" ...That would have been cool.
     
  9. TCJJ

    TCJJ 125% Tank Engine

    Joined:
    Jul 28, 2008
    Posts:
    7,269
    News Credits:
    3
    Trophy Points:
    347
    Location:
    Island of Sodor
    Likes:
    +7,588
    $2 coins that cost almost $300? That's insane. They're neat, but I'll stick to my regular $2 coins, thanks. Once again, New Zealand proves how much of a gayass country it is.
     
  10. Starscream NZ

    Starscream NZ Well-Known Member

    Joined:
    Jun 27, 2005
    Posts:
    2,641
    News Credits:
    4
    Trophy Points:
    287
    Likes:
    +172
    Really?


    Reeeeeeeally?


    Wow.
     
  11. cheetor71

    cheetor71 Autobot

    Joined:
    Apr 14, 2009
    Posts:
    5,145
    Trophy Points:
    191
    Likes:
    +16
    Way too expensive.
     
  12. PrimulArchangel

    PrimulArchangel Well-Known Member

    Joined:
    Mar 10, 2007
    Posts:
    3,776
    News Credits:
    3
    Trophy Points:
    277
    Likes:
    +70
    Ebay:
    The current market value for one ounce of silver is $31.22 .. Thats all those coins are worth no matter what the theme of the coin is. You go and pay that $233.66 then get them in the mail and then go to a coin shop and ask what they will give you for them and it will be $31.22 each and you can keep the boxes they are in because they only want the coins cause they will melt the coins down lol.

    My brother use to buy all those silver coins from TV ( like the walking liberty coin or silver eagle coin, 9/11 coin, ect ) that were " guaranteed " to go up in value ... Well he fell on some hard times and figure great i have these coins ill sell now.. He didnt even get back what he paid for them because the price he paid was more then the current market value. And he even went to around 7 coin shops and everyone of them told him these types of coins Never go up in value unless its market value.

    So these Prime and Megs coins would be a total waste of money and should be avoided, they would be a very bad investment..