Author Topic: Australian Rio Olympics issues  (Read 2635 times)

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Offline Sumitha

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Re: Australian Rio Olympics issues
« Reply #15 on: September 01, 2016, 05:06:52 PM »
The coins look good.Would the color fade with time?

Offline malj1

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Re: Australian Rio Olympics issues
« Reply #16 on: September 01, 2016, 11:21:26 PM »
Possibly but only time will tell, the colours are in a slight recess so should not wear much.
Malcolm
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Offline Enlil

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Re: Australian Rio Olympics issues
« Reply #17 on: September 02, 2016, 04:06:21 AM »
The coins look good.Would the color fade with time?
I doubt they will be in circulation long enough to know.

Offline Bimat

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Australian Rio Olympics issues
« Reply #18 on: September 02, 2016, 05:59:55 PM »
Colored coins have been introduced for circulation in Canada and Papua New Guinea before. Experience says that the color fades away pretty quickly. There are number of factors which will fasten the process of fading like weather, extent to which coins circulate etc...

That doesn't make them less interesting though. :)

Aditya
Caution. The low-hanging fruits are still there maybe for a reason.

Offline quaziright

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Re: Australian Rio Olympics issues
« Reply #19 on: September 02, 2016, 06:27:56 PM »
I personally think its only the earlier canadian coins like the pink ribbon and perhaps the remembrance 2004 coin which sees fading. But all the coins after that maintain their colour quite well. I'm thinking the Olympic coins, remembrance, 1812 and native animals. I won't talk yet about the maple leaf and the flanders coins since they are new. But they are very elegant whenever I find them in my coin rolls or in change. The colour composition is truly well executed

Offline Bimat

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Australian Rio Olympics issues
« Reply #20 on: September 02, 2016, 06:33:18 PM »
I personally think its only the earlier canadian coins like the pink ribbon and perhaps the remembrance 2004 coin which sees fading. But all the coins after that maintain their colour quite well. I'm thinking the Olympic coins, remembrance, 1812 and native animals. I won't talk yet about the maple leaf and the flanders coins since they are new. But they are very elegant whenever I find them in my coin rolls or in change. The colour composition is truly well executed

Thanks! I wasn't aware of recent colored Canadian issues.

Aditya
Caution. The low-hanging fruits are still there maybe for a reason.

Offline Mister T

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Re: Australian Rio Olympics issues
« Reply #21 on: October 20, 2016, 12:25:47 PM »
Of course each colour has a different design, I wonder if any mules will be found with the wrong colour in place? ???

Oh geez, hadn't even noticed they were different designs. A mix-up wouldn't surprise me.

Offline malj1

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Re: Australian Rio Olympics issues
« Reply #22 on: August 08, 2017, 12:35:42 PM »
A recent enquiry with the RAM about the mintage of the Olympic $2 coins issued through Woolworths.

You can read their answer below.  To save you looking up the information, it is 2 million of each coloured ring.

Quote:
Thank you for contacting the Royal Australian Mint.
 
These coins are not listed in our $2 circulating coin page as they were a custom minting job for the Woolworths Olympic & Paralympic Program. However, you can find the mintages of these coins in our 2015-16 Annual Report linked here.

Full details can be found on page 105.

 
Malcolm
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Offline redlock

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Re: Australian Rio Olympics issues
« Reply #23 on: September 30, 2017, 07:41:17 PM »
I have just read the latest Currency (Royal Australian Mint) Determination (No. 5) 2017 issued on 17/8/17.
https://www.legislation.gov.au/Details/F2017L01089
It seems to me that there could be a similar coin program for the XXI Commenwealth Games in Gold Coast in April 2018. The determination lists three colored $2 coins and four $1 coins commemorating the games. I don't know if these coins are cc or NCLT. My guess, at least the colored $2 will hit circulation.

Offline malj1

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Re: Australian Rio Olympics issues
« Reply #24 on: September 30, 2017, 11:46:56 PM »
I agree, probably only the three $2 coins will circulate as they did just recently with the Possum Magic coins.
Malcolm
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Offline Bimat

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Australian Rio Olympics issues
« Reply #25 on: October 01, 2017, 07:18:07 AM »
Don't rule out the possibility of a complete series like Sydney Olympics $5 coins. Did Olympic $5 coins actually circulate? There were silver proof $20 coins as well, but those were NCLT.

Aditya
Caution. The low-hanging fruits are still there maybe for a reason.

Offline malj1

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Re: Australian Rio Olympics issues
« Reply #26 on: October 01, 2017, 08:15:05 AM »
There is only legislation for three $2 coins.  And no, none of the $5 coins ever circulate.

9
   
A design consisting of:

(a)  a central circle containing the following:

              (i)     a stylised representation of a tower, a gymnast, a hurdler and a swimmer in a windmill;

            (ii)     “Gold Coast”;

           (iii)      “2018”;

          (iv)     a horizontal line and an ornamental design element; and

(b) surrounding that central circle, a series of curved lines and purple, pink, red, yellow and orange coloured irregular patterns positioned over 3 concentric circles; and

(c)  a circular border containing the following:

             (i)     “XXI COMMONWEALTH GAMES”;

           (ii)     “TWO DOLLARS”.

10
   
A design consisting of:

(a) a central circle containing the following:

              (i)     a representation of a kangaroo facing right;

            (ii)     the inscriptions “A”, “U” and “S”;

           (iii)     an emu facing left;

          (iv)     a horizontal line and an ornamental design element;

            (v)     the inscriptions “COMMONWEALTH GAMES”; and

(b) surrounding that central circle, a series of curved lines and green, yellow and blue coloured irregular patterns positioned over 3 concentric circles; and

(c)  a circular border containing the following:

             (i)     “2018 COMMONWEALTH GAMES TEAM”;

            (ii)     “TWO DOLLARS”.

11
   
A design consisting of:

(a) a central circle containing a coloured cartoon representation the official mascot of the Gold Coast 2018 Commonwealth Games, a koala; and

(b) surrounding that central circle, a series of curved lines and green and blue coloured irregular patterns positioned over 3 concentric circles; and

(c) a circular border containing the following:

                  (i)     “GOLD COAST 2018 – CELEBRATE”;

                 (ii)     “TWO DOLLARS”.



Malcolm
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Offline Mackie

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Re: Australian Rio Olympics issues
« Reply #27 on: October 01, 2017, 01:03:10 PM »
Bought this 2016 Paralympic $2 coin folder recently. Tried looking for other five coloured Olympic coins too but it's literally impossible to find them in change. It seems everyone is collecting these coloured coins in Australia and they seem to be quite popular.

Only possible way to get them for face value is to politely ask the person at the service desk or check our counter of any of the Woolworths. Other wise check out the multiple listings on gumtree and you can get easily them by paying just around 0.5 AUD over the face value. :)

Image source: www.wynyardcoins.com.au
Warm Regards,
Mackie