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Gods of Olympus: Hades 2014 2oz Silver High Relief Coin And the Success of the Series this Far

Collectors of the coins in The Perth Mint’s God of Olympus coin series are eagerly awaiting the release of the final coin in the series, namely the Gods of Olympus – Hades 2014 2oz Silver High Relief Coin. We discuss this coin and the success of the series this far.

Gods of Olympus Zeus 2014 2oz Silver High Relief Coin

Gods of Olympus: Zeus 2014 2oz Silver High Relief Coin

For those of you who are not familiar with this coin series…

The Gods of Olympus coin series kicked off with the release of the Gods of Olympus: Zeus 2014 2oz Silver High Relief Coin earlier this year by The Perth Mint, which was followed by the release of the Gods of Olympus: Poseidon 2014 2oz Silver High Relief Coin in June this year. When it’s all said and done, the series will be made up of 3 coins, depicting the most prominent gods in Greek mythology, namely Zeus, Poseidon and Hades. Each coin will have an antique finish and each will be struck in 2oz of three nines fine silver (99.9% pure silver).

Gods of Olympus Poseidon 2014 2oz Silver High Relief Coin

Gods of Olympus: Poseidon 2014 2oz Silver High Relief Coin

Price performance this far…

The series heated up considerably after the release of the first coin, the Zeus coin, and was firing away on all cylinders by the time the second coin was released, namely the Poseidon coin. Prices have settled down since then, but still remains at extremely high prices relative to the launch price(s).

Both releases saw a limited mintage of only 1500 coins each and an almost immediate increase in price on the secondary market from the launch price of AUS $162.73 (more or less USD $140) in both instances. See the table below to get an idea of the price performance of both coins over the last 3 months… prices are quoted in USD…

Gods of Olympus Price Stats

Feeding frenzy…

It was an absolute feeding frenzy when the previous two coins in the series were released, especially the Poseidon coin. What is expected to happen this time around?

It is no secret that the website of The Perth Mint crashed several times shortly after the release of the Poseidon coin. The buying experience was nerve-racking earmarked by excruciating wait times, especially for those who couldn’t get their hands on one before the sell out. Needless to say, it will firstly, be interesting to see if the website of The Perth Mint holds up this time around, and secondly, whether the mint will choose again only to release a relative small selection of coins directly to the public (which will certainly not help to quench demand and may lead to chaos again). Nonetheless, I expect another ‘feeding frenzy’ when the Hades coin gets released in October this year, because who can say “no” to the excitement of the hunt, especially when pure luck gets more than its fair share of attention? I also expect, moving forward, that prices of all coins in the series will without effort remain at substantial levels above the launch price(s) over the short to medium term. There are of course no guarantees.

Whether prices will remain high over the long-term is anyone’s guess. However, I do feel that prices should hold up quite nicely. I mean, these highly limited edition silver collectors coins (works of art in my opinion) have a lot going for it. The art and/or design work is exceptional to say the least, although I have at this stage no idea how the Hades coin is going to look. Despite this, I expect it to score high marks as the previous coins in the series. In addition, The Perth Mint is well-known for issuing mint products of an extremely high quality. This is not even to mention the rest of the positives that should help to keep the Gods of Olympus coin series attractive to coin collectors across the globe for a long time to come. I mean, the packaging itself is something to die for. 

Thus, those of us who are lucky enough to get our hands on the Gods of Olympus – Hades 2014 2oz Silver High Relief Coin at the launch price will certainly have something to smile about. You could probably save money by playing the waiting game, but this coin series certainly seems to have a lot more going for it than just hype.

Make no mistake, flippers will certainly flip it, but in the ultimate equation true collectors will collect it and save it for generations to come. This will most likely help to keep prices relatively high, especially on the back of such a highly limited edition series. This is not even to mention the fact that each coin is unique in its own right, individually and otherwise.