Information regarding the 2013 and 2014 Koala Chinese Privy coins provided by Silver Seoulman. Thank you again my friend.
In China a World coin set is introduce annually by the China Gold Incorporation exclusively for the Chinese market. This set includes the US American Silver Eagle, Canadian Maple Leaf, Australian Koala, Austrian Philharmonic and the Chinese Panda.
In 2013, a privy was added to the Australian Koala just for these sets – “Year of the Snake” in Chinese was inserted above the Koalas head – struck by Australia’s Perth Mint and commissioned by China Gold with the hope that the addition of the Chinese privy would draw more sales for the set. This attempt was a failure and sales in the Chinese market was poor. The maximum mintage possible for the 2013 Chinese privy Koala was 100,000 but the declared mintage was ONLY 10,392. Most of these coins(-95%) were sold to the Chinese public in these sets and then individually as low premium silver bullion due to the sets poor sales. An Australia company (Perth Bullion) bought back, the estimated, 500 or so that made it outside of China and sold them on the secondary market individually.
Due to these being sold within China as bullion, the weather conditions, mishandling and poor storage these coins are commonly in poor condition with visible spotting, toning and/or dings and scratches if they can even be found at all in raw ungraded form.
ONLY 22 total of the 2013 Chinese privy Koalas were graded by NGC, none by PCGS, with a mere 4 receiving a perfect MS70.
(MS67 × 1 – MS68 × 2 – MS69 × 15)
*For comparison 2014 Chinese Privy Koalas were graded with 124 out of 171 grading MS70 – and there are different NGC labels increasing the number of 70s! There is ONLY one label for the 2013 version and ONLY 4 in existence.
In 2014, the Chinese privy Koala was struck for the set again but sales fell even lower than in 2013. Yet, due to the 2013 version being discovered and becoming extremely popular with collectors many, including large retailers such as MCM, bought as many as they could and had them graded trying to cash in. So even though the mintage is slightly lower at 8,397 giving it absolute rarity there are considerably more graded, especially in MS70, for the 2014 Chinese privy Koalas than 2013 as shown above. It is still an attractive coin to own with great upside potential but the inaugural release is a must have for the serious collector.
The Chinese privy was discontinued after 2014 so they are only available for 2 years and is a small, yet extremely attractive type set for the Koala, privy, and rare coin collectors alike. Just attaining a 2013P Chinese privy Koala is a task in itself but ONLY 4 MS70s exist today and although it is possible for more to be graded at 70, it is unlikely as more time passes due to the rarity of the coin and poor condition it is usually found in. For years only 3 existed but 1 somehow graded 70 bringing the total to 4 – It is doubtful another will grade “PERFECT” again as time passes… Video Rating: / 5