Sunday, August 14, 2011

The Force is strong with these coin sets

New Zealand Mint have started taking pre-orders for what are likely to be popular sets amongst Star Wars fans.

They are releasing two Star Wars themed 1oz Silver Coin Sets (4 x 1 oz Silver coins per set) (link to NZ Mint).

The Millenium Falcon set depicts:

Luke Skywalker & Princess Leia, Obi-Wan Kenobi & Yoda, R2-D2 & C-3PO, Han Solo & Chewbacca.




The Darth Vader Helmet set depicts:

Darth Vader, Emperor Palpatine, Death Star, and a Stormtrooper.




Both sets make a sound when opened (light speed sound/Darth Vader breathing), which is a bit cheesy (and secretly a little bit cool).

What I found most interesting when reading up on the set was the amount of coverage they are receiving outside of normal channels for Silver or coins. Further to this the amount of misinformation that was plaguing the articles. For example we have SMH who claimed that:


"The set will retail for about $A450 and is expected to be hugely popular with both coin collectors and Star Wars devotees worldwide." SMH

Given that the New Zealand Mint has a drop down box showing the cost in multiple currencies that was a pretty poor effort. At current exchange rates it is priced at A$377.17.

How about this from Gizmodo:

"About 7,500 coins will be minted in New Zealand, and each coin has 28 grams of silver, and the image Queen Elizabeth II." Gizmodo

Only 28 grams of Silver per 1 oz coin? Surely they must know that the New Zealand Mint would be producing Troy ounce coins and hence they would contain 31.103g of Silver...

Finally Geek.com had this to say:

"Coin collectors may be jumping at the chance to buy these, but Star Wars fans will also join the rush to snap up the coins. Only 75,000 copies of each coin will be produced." Geek

They are only producing 7,500 of each coin, not 75,000 as claimed above.

When a partial set of intrinsically worthless Star Wars themed tokens can fetch over US$2000 (eBay link) it's not hard to imagine that these Silver coin sets could appreciate in value once sold out as well, even though they are currently priced well over double the underlying value of the Silver they contain.


BB.

For a free gram of Gold signup and trade metals on BullionVault.com (CLICK ME).

2 comments:

  1. Love it! For both sentimental and investment reasons!

    Thanks for the heads up BB, I will be buying one of each set for sure if there are any left after my dragon purchases!

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  2. They are a nice looking set. Have not yet decided whether I will be taking the plunge. Likewise I will also be waiting to see how many Dragons I can obtain before committing :)

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