Any thought on "Northern Sky" dome-shaped gold coin?
Paradisefound
Posts: 8,588 ✭✭✭✭✭
It shows a very intricate detail and I intrigued by the beauty. Currently sold out at the Royal Australian Mint but available from US dealer $2185 (Initial release AU $2600)
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Is there a "Southern Sky" companion medal? Poor Ursa Minor and Cassiopeia don't get pictures -- just spots for stars.
Where are the Magellanic Clouds?
Thoughts? 1) Wrong forum; 2) buy it if you must, but 3) someday you'll dispose of it at less than melt; 4) Except for the gold content, it is a big fat nothing.
Being new I will navigate around here and post at the right forum. Thank you for your correction.
That is a very attractive medal.... an item to possess, not a collector piece. Cheers, RickO
I doubt it would sell for less than melt. That's going a little far in my opinion.
These things are all duds. The very few people who care about the subject matter buy it from the Mint, and there is never any secondary market that develops. The modern government mints are just playing "Franklin Mint" (not as successfully) and much of their product will ultimately end up in the melting pot.
Buy some genuine historic coins.
It is actually a coin with a 100 AUD denomination produced by the Royal Australian Mint. The mintage is also fairly low at 750 pieces. While I personally think the price is too high, I don't think that stops it from being a collector piece?
Also there is a companion Southern Sky Gold coin.
And to the original poster, check out the earlier series of silver coins. While the prices are multiples of spot, the coins are mostly more affordable than the gold versions.
See an article here about the silver series:
https://www.moderncoinmart.com/info-vault/articles/southern-and-northern-sky-series-from-the-royal-australian-mint.html
Ricko is essentially correct, this "denomination" thing is just a fetish to make the offering more acceptable in the American market. Americans have been taught for at least sixty years that the absence of a denomination makes a coin-like object uncollectable. "Non-circulating legal tender" or NCLT is a term that isn't used often enough.