I did two enjoyable things this morning. The first was to find this Lone Ranger clip in order to add some panache to this post and the second was to purchase my very first monster box of silver... albeit a mini monster box.
I opted for 250 x the "4 nines" legal tender kangaroo coins. I like legal tender coins. I see them as having dual purpose and less likely to be re-categorised by rogue governments in a policy reshuffle down the track.
Indeed there have been stories of individuals being able to move legal tender bullion through American airports without declaring the metal value by simply saying that the legal tender value is what should be declared and, being much lower than the metal value, allows for a smaller declarable amount. No one knows what the future brings, but I like the chance of a little more flexibility that such stories hint at.
So here's the product and a blurb courtesy of this page:
A brand new coin for 2018 and issued as Australian legal tender the coin’s reverse portrays the classic red kangaroo design by Dr Stuart Devlin AO CMG, goldsmith and jeweller to Her Majesty Queen Elizabeth II together with the Perth Mint’s ‘P’ mintmark and the year-date. The coin’s obverse depicts the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II and the monetary denomination.As a Perth Mint first, the coin includes an authentication feature on the reverse. In the form of a micro-laser engraved letter ‘A’ which is within the first A of AUSTRALIA, it is only detectable under a magnifying glass. The authentication feature is designed to make it significantly more difficult for the coin to be counterfeited providing peace of mind to customers.
Unlike most Perth Mint coins these are not individually encased, rather come in protective acrylic tubes of 25 coins. There are then 10 tubes to a ‘mini’ monster box of 250. There is unlimited mintage.
I own a number of the older mintage versions of these coins. I only learned today about the authenticaiton feature so either I've never noticed it before (I've never used a magnifying glass on them) or it's a new feature on the 2018 coin. Either way I'm keen to check it out.
I was prompted to make another silver purchase by Mike Maloney's analysis in the following recent goldsilver.com video. If you've not seen it yet, it makes for compelling reading and was also picked up on and written about here.
Have you thought of picking up some coins lately?