35th Anniversary of the $2 Coin Sets, HUGE Coloured $2 Coin Collector News!
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- เผยแพร่เมื่อ 30 พ.ย. 2023
- Collecting coloured $2 coins is about to get very interesting once again with the upcoming 14 coin sets being released by the Royal Australian Mint!
Let me know what your thoughts are on this upcoming release and the overall state of collecting as you see it.
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Yes. I have moved to collecting nicely designed $1 coins. The 2018 $1 convict era coin with the tree on it is so intricate.
I’ve been collecting the $1 coins as well , so much more variety and easy to get for the most part .
It's also nice to see a slightly larger canvas for the design on the $1 coins!
The RRP is insane.
I have an opinion but you know me, it would be a rant so I’ll spare everyone this time 👍🏻
Thanks for watching!! 😊
I was very fortunate to get 2 of these sets and absolutely love them
Nice one! You're part of a very exclusive club!
@@ThompsonsCoins I'm sure I would be. I have friends and family to thank for it. Got them to enter the ballot on my behalf to give me more chances of getting my hands on the set
Wonderful video Matt, wasn’t aware of this anniversary set so thanks for sharing! My chances of scoring one for myself is practically zero so will be looking forward to your review on your channel. Cheers ✌🏻😊
Thanks for the kind words mate! 😊
Yes, it is about to get silly again. Coloured $2 coins. I agree with you Matt, new designs please. This feels a little like a money grab and a lot like flogging a dead horse. I’ve noticed that Aust post did something similar with their impressions release this year. Nearly impossible to get one of each 50c PNC. I think many collectors will be a little gun shy looking at what happened to the silver Vietnam.
The impressions release was pretty excessive in terms of the volume of material they released, when I worked there it was often a case of there being 1 or 2 red hot PNCs but to do 2 seperate days of releases with thousands of dollars worth of PNCs up for sale I think they may have overshot the mark a little!
Instead of getting upset, collectors can move to other coins and banknotes. There are hundreds of thousands to millions of coins to collect. I would love a Tesla, they are useful when you need a fire.
Absolutely, there is such a broad range of amazing coins and banknotes out there! Thanks for watching!
I am glad I kept a number UC $2 coins as spares, I dont have spares/swaps/sales of everything but it makes me feel good the ones I do have may well be in demand one day. I sell very little but who knows one day I might. The original words that I heared were to keep the coins 10 years and then check the value but I think even that is too soon. I do hope the RAM does come good with a proper working online shop for sales of all the new releases, I have almost given the RAM away due to their lack of service of late.
Thanks for watching Alan! Fingers crossed for a much better system in the future for sure!
Great video, thanks again Matt. It would be nice if the Mint could at least employ more people for the day to answer the phones on release days? Even if it is only to tell you you have missed out and they are all sold out. It would at least be a start to showing some service and care to it’s loyal customers and may help with the frustrations. 🍻
That's a great idea Jim, although hopefully once their new website it up and running and dealers are getting more stock we will see less stress on release days :)
@@ThompsonsCoins We can only hope. 🤞. Good on you Matt for staying positive. Hopefully the mint recognise this. Thanks again and all the best. 🍻
Yes how many people have they got answering phones - two!?
Managed to get one this morning had to email one of my suppliers before release.
But, like always everywhere with online orders all sold out within 5mins.
Thx m8! U actually made me feel a little better about missing this release, it did hurt a bit as I spent ALL of the business hours on release day and THOUSANDS of calls only to miss out. Kinda hard to collect out here in Renmark, our post office gets leftovers at best of times 😂
The Canadian mint puts out special 2 dollar coins (toonies) every few years with an issue of coloured and non colored versions they are always released into the wild ( circulation) my grandson loves buying rolls to hunt through
The Canadian Mint is amazing! I loved the ice hockey coin which they produced! Thanks for watching :)
Canada had the first colored circulating coin I think. They seem very progressive. I think the RAM copied them to some degree.
Hi Matt, just saw the latest video and we are lucky to have the two main mints that we have and the eternal flame and the honey bee are my two favourite $2.00 coins and agree a new two dollar coloured coin celebrating 35 years would be better 🌞
Thanks for watching Grant, I'm glad to hear you enjoyed those two coins, they were excellent releases!
RAM may produce nice coins but l only collect them now to maintain my full collection.They are one of the most the most corrupt unaccountable government departments in the world
Hey Matt, what are your thoughts on this set's impact on the price of $2 coins in the short & long term?
Will the prices stay as they are for the original year release coins & the set will quickly (for the short term) increase to whatever amount due to people missing out?
Or will it cause original year release coins to lower in value?
I don't think a mintage of 35,000 is enough to have a meaningful impact on the market. Considering the original poppy had a 2 million mintage this reissue would only represent 1.75% of that original supply.
I imagine the main thing these sets will do is once again draw peoples attention to coloured $2 coins and with added media coverage the market could continue to grow.
As for the future, it's impossible to predict! Like I said, the original 2018 sets were initially poorly received and have gone on to become a red hot item for collectors!
Thanks for the questions!
@@ThompsonsCoins thanks for sharing
Great information🎉
Thanks for watching! :)
Flee Bay will have private sellers with 10 x allocation for $1300 each. How does this happen for ever release?
I’m not going for this set personally as I already got all the circulating coloured $2 coins. I will happily enjoy what I already got!
A great outlook! Thanks for watching Justin :)
Great video again Matt and you called the hysteria of todays $2 14 coin set release correctly. Id love to see the Planetary Coin Set released again given its popularity and given trying to get the Mars coin for a $2 coin collection is out of reach for mere mortals :). What do you think of the RAM looking at using EQL for releases in the near future?
🎉🎉 I guess people who will miss the set can spend money on themselves or families for Xmas 🎅 Even better 😄😄 never get upset if you cannot control
Absolutely! A very wise perspective indeed 😊😊
As a collector of the original coins I’m all in for spending the little bit more money to get this set I did have and regret selling the 12 coin 30th anniversary set for the $600 they were going for a while ago , and with this set I’ve already Started messaging the dealers I commonly use too try and secure one for my collection so finger’s crossed.
Best of luck getting the new set! 😊
HYPE!!!!!
Hi Matt. Enjoyed your video mate. As an Australian coin collector currently living in the UK it is nigh on impossible for me to obtain any new issues by ringing RAM. The current time diff is 11 hours, and I can only ring on the intl number. I either ger a message saying ring back later or it comes up with the engaged signal. I have a friend who is based at the Royal Mint here in Wales and some events they have a queuing system with over 60-70000 in the queue. I noticed that the last Regina Queen Eliuzabeth II release was very sort after here in UK as well, which I found surprising. Their mintage figures were low as well....I did manage to get one carded Remembrance Day $2 "C" Coin from 2022, but had to pay $200 for that one that retailed originally at $15. This 14 coin one set will be extremely diffucult to get hold of as I'm sure RAM have reduced the numbers they have supplied their main dustrubutors?
Awesome video Matty boy
Thanks for watching Jenna!!
I would like to see a catalogue number or product number to track my purchases, making it easier to understand what I have, rather than just naming the coin/set. Is that not a reasonable request, your thoughts thanks
Australia Post number their PNC releases so I suppose that is a reasonable suggestion indeed!
Considering the last set of this type was in 2018, the fact that the mint is releasing another similar set a mere 5 years later leaves me unimpressed. And the retail price of $235 is pretty high for the average punter.
Regarding the honey bee coin, has anyone ever actually seen one in circulation? Can’t say I have!
Anyway love your videos. Always interesting and informative. Cheers 🍻
$235 bucks , Their Getting a bit Greedy aren't they ? 🤣👍
@@haroldmclean3755 I don’t mind paying that if they go up in value, and later on I can sell it if I want to. But if the price stays the same you risk losing money. I almost didn’t buy the Planetary set because it was $180 on release. Glad I took a chance now of course. You must remember the mint does not get any part of any price increase on the secondary market. So I kind-of understand.
@@peecee1384 Me neither, I don't mind forking out the Cash either , because this will definitely increase in Value, getting hold of a very GOOD one is going to be Tricky , I just hope I can get one, rather than having to battle it out on the Secondary market, Oh yes the Planetary Coin set, What an expensive exercise that ended up for me , not just for me, many others too , lucky You 👍😂 lol
I got lucky. Managed to get this set through a dealer. Not Thommo unfortunately 🤣
@@peecee1384 Good on Ya 👍I hope you get a good set, I'm still waiting on mine too
Thanks for sharing your information, i've learned a lot so far.. I have a question if you wouldn't mind answering. I recently purchase a 2023 50c Elizabeth Regina HM Queen Elizabeth II Commemoration Silver Proof and on the mints information they were limited to 2500. Wouldn't the serial numbers go from 0001-2500? Mine is 6xxx. Is this normal from the mint?
Hi Jim! Thanks for watching, that coin had a total mintage of 7,500 so I'm not sure where the 2,500 number came from
@@ThompsonsCoins well that explains it then. Sorry, my error. Thank for the reply
I'd be happy to procure one but my dealer (who is a Mint distributor) is only getting 5 sets, and none have my name on them 😂
Thanks for watching Robert! It's certainly a difficult position for many dealers and hopefully allocations can improve next year!
I’ve been collecting since the 80’s. So over competing with the flippers who are only in for a quick dollar. Lined up at at an Auspost this morning, first in line only to find out they had allocated all there sets to people who had pre ordered. Wtf!!! This might be the last straw for me.
Yeah, COVID collectors hyperfocusing on the coloured $2. That's all it is.
I'd suggest getting the 2023 ANDA 4x $1 set before this one as the QE II $1 in that set (which is the only way to obtain a 2023 QE Mob Of Roos) have a VERY low mintage
While this is going to be a great set for new collectors, I'm passing on this one. I know it will go stupid in price but I'm a bit over all the stress of trying to obtain the latest releases. Already got the original coins & the 2018 set so that's good enough for me.
Thanks for watching Phil! It's interesting to consider how much of a relief it is when you decide not to get wrapped up in the hype of a new release!
I know this is off topic, but did they release a coin for Armistice Day 2023. Did I miss it's release?
I don't think I recall seeing anything for it, although perhaps something was produced and I missed it!
Looking forward to the release Matt but I wouldn't be going to que up for a Tesla no way v8 muscle all the way 😅
Thanks for watching Peter!! 😊
im excited
Nice one Craig! Best of luck getting your hands on a set!
Didn't you notice the coin is a different year hence different coin to the previous issues OP ?
I did indeed, hence the use of the term "reissue" 😊 thanks for watching!
Reissuing all the previous $2 designs with a 2023 date is sheer laziness on the part of the RAM. It's not as if they get any of the ridiculous profits which this will attract on the secondary market. Someone needs to do some research on why people are willing to pay such ridiculous amounts for what are largely boring $2 designs.
I think the reason is quite clear, people love collecting $2 coins because they are unique and highlight a number of historical events relating to Australia. There are also a number of collectors who enjoy the idea of their coins potentially appreciating in value over time.
I agree with Riley
❤️
Thanks for watching!! 😊
I have every $2 coin , except for the pure gold $2 coins from the proof gold sets,UNC, ever produced by RAM, including the 2013 individually boxed pure gold $2 Aboriginal elder,if someone would like to buy them
Well if you can't get a Telsa, what a battery powered remote control car. LOL.
Either would be a bit of fun I'm sure hahaha
When is it being released? Monday?
Thursday 7th December
ebay has an ad for a set at $1300
I feel bad for those who spent that much. I'm seeing them for $330 today with people watching but still not buying!
The Royal Australian Mint is very average as far as mints go 😂 they don’t give a crap about coin collectors , they have proved that time and time again . I will stick to collecting and stacking all the beautiful Perth Mint products . The gutter rats that are only in it to resell for huge markups have ruined coin collecting in Australia .
Thanks for watching Kayne!! I think they're in a difficult position with such high demand but hopefully things improve in the future!
Best comment yet, soo true.
Don’t like Perth Mint coins, because they are non circulating. Therefore not real. Good for bullion only! Just my opinion 😂
Yep was far better when Australia Post evenly distributed products with allocations to all post offices.
Now you can basically give up if your not in the Eastern States and most are on seller's, who aren't collectors side kicks.
It’s going to be great for early people selling overpriced sets to newbies, but in 5 years people will realise that the value is about 10% of the initial hype prices.
They sell for around 500$ now. I don't think that they will sell for 50$ in five years time...
the mint need to release an NFT that is legal tender and a $2 coloured coin with Bitcoin celebrated on it..... (never happen)
I prefer to stick to the original coins and look for something new and different rather than more of the same.
How are people already having pre sales at stupid prices and not even released yet? Another scam. It's a joke that people already have them. Why do coin shops up the price ? the shops should have pre orders for a certain amount of people. This is all going crazy only people making money are these scum bags. People should stop paying these crazy prices and let these people hold these sets if they dont sell
no coro or dove
I noticed that! I was a little surprised but who knows, maybe a new coronation coin is in the works for a delayed celebration!
Your lucky to get a circulated 2 dollar coin anymore let alone sonething from the mint.
Call the Plumber ! 🧆🧆🧆 🚽🪠
It's going to be a 🧆 Fight for most Collectors to get their hands on this release
😂 Again