Gold of the Pharaohs - Austrian Mint

[Ceaiu]

The second coin in the Magic of Gold series from Austrian Mint is set to be issued on November 4th.

[RedDragon77]

Looks pretty Awesome! Always odd to see who issues items referencing other country's history.

[Daviot]

On 07/10/2020 at 03:47, RedDragon77 said:

Looks pretty Awesome! Always odd to see who issues items referencing other country's history.

I don´t  understand that too. It´s like the australian coin commemorating the attack on Pearl Harbor.

 

[RedDragon77]

I know right?! Or landlocked Rawanda's nautical onces:

https://www.coinworld.com/news/precious-metals/landlocked-rwanda-issues-coin-with-columbus-ship.html

[Ceaiu]

To me, ancient civilisations have little to do with today's political borders.

IMHO, the series looks beautiful so far, so I don't really care who is minting it.

[Ceaiu]

Maybe it's just me, but the theme of the series was /is a great idea.

Can't wait for Gold of Incas next year.😜

[RedDragon77]

For me it's a little incongruous when I don't see an obvious connection.  But those look fabulous! Actually jealous of your set! I also look forward to seeing the Inca Designs, please keep us posted.

[Bxlsteve]

hello everyone, 

sorry to dig up this topic… 

I was wondering what justified the huge price increase between the two coins? 
they are both still available, they are both proofs of same mintage… 

i really don’t get it. 
 

what I understand is the time where they where minted… but for so many reasons this seems not the possible answer. 

many thanks to whoever has any idea…

 

[daca]

1 hour ago, Bxlsteve said:

I was wondering what justified the huge price increase between the two coins? 
 

Time and rise in spot price

~1488$  spot in 16 October 2019

~1904 $  spot in 04 November 2020

[Bxlsteve]

Thank you for that. 
 

what bothers me with the % over spot and pricing of those proof coins is that no other gold proof coins of any other série from Austrian mint had a fluctuating price structure from year on year. 
 

any set of the past respected the price point of the serie regardless of spot (or the whole série price went up when spot went sky high) 
 

that is why I find this confusing. 

[27carrots]

supply and demand

everyone loves ancient egypt

not so much mesopotamia

and for coins of that value most people just want the coin they like the most rather than the whole series