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2014 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark – Declared Mintage: 8,397

Word is out that The Perth Mint has released the final mintage figures of 2014 Australian silver bullion privy coins, including the 2014 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark, which will be the focus of this article.

2014 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark

It will most likely come as a surprise to more than one collector to see that the declared mintage figure of the 2014 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark has come in at 8,397 coins, a figure that is much lower than the declared mintage of 10,392 of the 2013 issue! I can have it wrong, but it seems that the consensus in the market place was that the final mintage number of the 2014 Koala Chinese Privy coin would be much higher than that of the 2013 issue. 

Personally I was not 100% convinced that the mintage figure of the 2014 issue would be higher than that of 2013. As I’ve stated in a post at the Modern Coin Forum (MCF) on December 24th last year (2014):

By my calculations and observations, I honestly don’t think more than 500 of the 2014 ones ended up in the West. I could be dead wrong, but I don’t believe so. The main source in the West seems to have only about 133-153 still available for sale with a couple of odd pieces listed here and there” (2015 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark, MCF).

Needless to say, despite my scepticism pertaining to the mentioned ‘market consensus’ being vindicated to some extent, it has still come as a pleasant surprise to me to see the 2014 final mintage figure actually coming in lower than the final mintage figure of the 2013 issue.

I mean, almost 2,000 less of the 2014 Koala Chinese Privy coins were minted than the 2013 issue! Who would have guessed it, especially considering the increase in demand for koala Chinese privy coins after MCF member, Joe Koromaus (joe1320), brought the 2013 Koala Chinese Privy coin to our attention in June last year?

I’ll tell you, probably nobody except The Perth Mint and China Gold Coin, a third party that placed the custom mint order for the minting of the coins at The Perth Mint.

NGC Population

The current NGC population of the koala with Chinese privy coins should not be seen as the Alpha and Omega, especially given that all is not said and done yet.

However, it will serve the serious collector, who wishes to increase chances of seeing a healthy monetary return further down the line, well to keep an eye on the NGC population of these coins. Unfortunately PCGS is not playing ball yet, but if and when they do, it will be wise to consider the numbers in their population report(s) as well.

2013P Australia S$1 Koala Chinese Privy Coin – NGC Census

It seems that only 16 of the 2013P Australia S$1 Koala Chinese Privy Coins were graded and encapsulated by the Numismatic Guaranty Corporation (NGC) so far (as on 2015-03-12): 1 x MS 67, 2 x MS 68, 10 x MS 69 and 3 x MS 70.

MS70 2013 Chinese Privy Koalas

Source of Image: MCF – KPSan8819

The NGC population or census numbers of the 2013P Australia S$1 Koala Chinese Privy Coin are certainly low, especially in terms of the top or investment grade MS 70 coins of which all three belong to MCF members: joe1320 and KPSan8819.

2014P Australia S$1 Koala Chinese Privy Coin – NGC Census

The NGC population or census numbers of the 2014P Australia S$1 Koala Chinese Privy Coin are certainly a bit of a guess at this stage.

https://youtu.be/ZQC2p8uyy6A

Source of Video: MisterSilverMonster

I feel the numbers are conflicting at this stage, because one NGC census report states that the total number of coins graded as “Early Releases” is a 102 (9 x MS 69 and 93 x MS 70), while another NGC census report states that only 5 of the 2014P Australia S$1 Koala Chinese Privy Coins were graded in total (2 x MS 69 and 3 x MS 70). Perhaps I have the cat completely by its tail here. I would appreciate it if someone could confirm or clarify my take on this in the comments section below.

Thus, it seems that the NGC population of 2013P Australia S$1 Koala Chinese Privy Coins are at this stage much lower than the NGC population of 2014P Australia S$1 Koala Chinese Privy Coins. This can of course all change, especially if more collectors decide to send their coins in for grading, but for now the 2013 issue seems to have the lowest NGC population numbers.

Availability

It is at this stage almost impossible to acquire the much sought after 2013P Australia S$1 Koala Chinese Privy Coin, especially graded and encapsulated. Unless you have 2 x raw coins to send to KPSan8819 and an “envelope stuffed full of cash”.

Good news is that the 2014P Australia S$1 Koala Chinese Privy Coin is still available for sale, although I expect the opportunity to buy these freely in the market place to close faster than the fly of the head master’s jeans caught behind a stadium, especially now that the declared mintage figure is out.

Thus, if you haven’t dipped your hand in the cookie jar yet, you may want to do so sooner rather than later.

Others and I expect these coins to be a huge hit down the road, especially considering that “future Koala and Kangaroo collectors will need these coins to complete their collections so best of luck hunting for these coins or well-done if you already own a few” (2015 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark, MCF, KoalaT).  

Tip: Be sure to search for “chinese privy” at eBay.

Why should you be interested in the 2014P Australia S$1 Koala Chinese Privy Coin?

  • Extremely low declared mintage of only 8,397 coins of which, according to a reliable source, only an estimated “3/4 went to Asia, 1/4 to the west”.
  • Perth Mint quality – These coins were minted by The Perth Mint. You will be hard-pressed to find bullion coins of a higher quality elsewhere in the world.
  • Each coin contains 1oz of three nines fine silver (99.9% pure silver).
  • Chinese investor demand for ‘investment grade’ coins are growing and they prefer NGC graded, encapsulated coins – as do the rest of the world. This Australian coin with Chinese privy mark is set to be a winner in the Chinese and other markets!
  • Join the hunt for these coins, especially considering that investors and collectors alike are expected to jump all over this considering the release of the final mintage figure.
  • Do I need to continue?

2015 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark

Australian Koala 1oz Silver Bullion Coins with Chinese Privy Mark remain coins of which little is known. It is no different with the 2015 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark. 

Joe Koromaus Collection 1

Joe Koromaus Collection 2

As was reported in July of this year (2014), I only became aware of the existence of the 2013 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark after MCF member, joe1320, mentioned it here. It was evidently the first Australian Koala 1oz Silver Bullion Coin with the Chinese Privy Mark issued, and while mintage of a 100,000 was authorized, it has seen a declared mintage of only 10,392 coins. I contacted The Perth Mint at the time and they replied:

Sorry for the delay in replying. The 2013 koala with Chinese privy mark was the first year this was done for the Koala coins. Previously the 2011 and 2012 koala had a Bear privy variant.

Mintage information and descriptions for the privy bullion coins can be found at

http://www.perthmint.com.au//documents/The_Australian_Bu_Privy_Coin_2011_to_2014_Final.pdf

As we only produce the privy coins for a very small number of wholesale dealers and do not sell them to the retail market, there isn’t much in the way of information publicly available for the 2014 version. However one of the companies who have purchased it from the wholesaler has it up on their website at 

http://www.perthbullion.com/shop/detail/pmkoalaprivy14sco1/.

I’ve contacted The Perth Mint this time around as well…

To Whom It May Concern:

Do you have any idea when the Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark will be issued in terms of the 2015 coins? Can you give me an idea of the mintage of the 2014 issue this far? I would like to do a follow up article on this one: https://newcoinreleases.com/2013-australian-koala-1oz-silver-bullion-coin-with-chinese-privy-mark/

Thank you for your time and effort in this regard.

Paul Maritz
New Coin Releases And More
https://newcoinreleases.com/

The Perth Mint replied:

Dear Mr Paul Maritz,

Thank you for your email to The Perth Mint.

Unfortunately the Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark is currently not going to be released next year.  With regards to the Mintage for this year the information is as follows:

Size

Denomination

Description

Maximum Mintage

Sales to Date

1oz

$1

2014 Australian Kookaburra 1oz Silver Bullion Coin with Horse Privy Mark

50,000

39,000

1oz

$1

2014 Australian Kookaburra 1oz Silver Bullion Coin with F15 Privy Mark

15,000

2,799

If you require any further assistance please do not hesitate to contact me.

Kind Regards

xxxxxxxx

I replied:

Dear xxxxxxxx,

You’re welcome and thank you for the reply. Much appreciated.

I see the mintage figures of the 2014 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark are not included. Could you include those? Thanks.

Best Regards

Paul Maritz
New Coin Releases And More
https://newcoinreleases.com/

The Perth Mint replied:

Dear Paul,

The 2014 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark was a custom mint for a third party, China Gold Coin so I am unable to advise of the Mintage of this coin.

If you require any further assistance please do not hesitate to contact me.

Kind Regards

xxxxx

I replied:

Dear xxxxx,

Thanks for getting back to me.

Can you tell me if there will be any future issues of the Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark or are you only going to skip one year? If it is a custom made coin, why is mintage for the 2013 issue listed at the Perth Mint’s website? Sorry about all the questions, but my readers are going to have several. Thanks.

Best Regards

Paul

My thoughts based on the replies received from The Perth Mint this far…

I strongly believe the Australian Koala 1oz Silver Bullion Coins with Chinese Privy Mark were never really intended to be distributed in the West. This is despite the fact that we in the West got our share in the form of 500 x 2013 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark that were sold as single coins. This while word in the market is that the remaining 2013 coins were put together as a set and sold in China.

Furthermore, we do know that the 2014 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark are still available for sale in the West (largely at eBay and from the Perth Bullion Company in Australia), but beyond that little or nothing is known about the mintage of the 2014 coins. Hopefully someone with more information can fill in the blanks for us.

This while the 2013 coins seem to be virtually unobtainable at this stage. This is not even to mention the fact that chances seem less than zero that were going to see the mintage and release of a 2015 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark. As a result of this and the mystery that surrounds this series of coins, if one may call it that, I expect a great future for these coins, especially those coins graded and slabbed by a reputable grading company such as NGC. Let me know your thoughts below. Thanks.

Update:

Latest reply received from The Perth Mint…

Dear Paul,

It was a project the Perth Mint did for China Gold Coin in China. They are not continuing with it anymore.

Its not custom made as it is Australian legal tender coin.

If you require any further assistance please do not hesitate to contact me.

Kind Regards

xxxxx

2013 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark 1

2013 Australian Koala 1oz Silver Bullion Coin with Chinese Privy Mark 2

2013P Australia S$1 Koala Chinese Privy MS 69

Source of Images: MCF – Member joe1320