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Burnt Toast Coin Gallery

The Burnt Toast club Has music Videos and a Coin
Gallery. All can Be found on you tube just type aussiebede.

03/08/2024

Life.
There is a book that states some humans lived to 188 YO
Such as Noah and another man name Methuselah lived to 802.
A Miss Jeanne Calment of France lived for 122 years and 164 days.
But not so long ago on average men only lived to 50 and women to 54. Life expectancy has increased around the world, but living to the age of 100 is still comparatively rare except in Japan in the village of Ogimi, on Okinaway Island, it is confirmed to have Many residents over 100 years old, Hence having one of the highest life expectancies in the world, At the latest count, 15 of Ogimi’s 3,000 villagers are centenarians. One hundred and seventy-one are in there 90s. But in Japan, which has more than 70,000 people that are aged over 100,
But lets not for get the life Expectancy of A Roman,
which was between 22 and 33 years old.
aussiebede.

01/08/2024

The Mint.
This mint has the capacity to process more than 800 tons of gold and over 1000 tons of silver in its refinery.
78,910 people visited The heritage premises alone in one year. This mint is one of Australia’s biggest manufacturers and is, Western Australia’s top exporters, The annual turnover in 2022-2023 in Australian dollar's was $23.19 billion.
This mint sells Coins and Bullion of high quality and sticks to its roots by using Australian native wildlife on there bullion coins.
Australians should be proud of there Heritage in minting and coin production from the PERT HMINT..
aussiebede.

25/07/2024

Silver Crash.
A silver crash in a rally ??? is buyers, IE" the _LBMA_ dropping the price than buying, But they don't buy derivatives like they did in the old days they are NOW buying the Bullion to bolster there inventories that have been depleted in the last many years.
So from $47.10 down to $43.27 at the blink of an eye but lets not forget that we are up from $35.00 since the rally began.
So now if a buy signal is given in the Markets logarithms
while a mining supply shortage is taking place, which it is.
and is Happening while an industrial demand explosion is tacking place in Solar panels, Batteries and Military just to name a few.
So as a long term investment silver would seem a wise choice.
aussiebede.

09/06/2024

The Value of money.
When we were young 5 cents would buy you a bag of lollies.
But a three pence would buy you entry to a movie theater and something to eat.
You can use a mixture of coins to make up a three pence pre decimal coin to make up a the value of 5cents, e.g., one three pence, plus two pennies, plus two halfpennies was equal to todays 5 cents But a penny would buy you a news paper and two pennies a hair cut. So From this one can see the change in the buying power of our money.
Today a three pence has $1.85 worth of silver in it.
So if you kept them the value would still not match the value back then as a hair cut today will cost you $35 and today a newspaper cost $4. they call it inflation if you print to much money the money looses it value.
aussiebede

07/06/2024

1 and 2 cent coins
The redundant bronze 1 and 2 cent coins have been collected
in 20 gallon drums from all over Australia and sold to the Royal Australian Mint who estimates it has already collected 4000 tones of the coins which they have profited about $12 Million dollars from it, But it has claimed that there is an estimated $50 million dollars worth of one-cent and two-cent coins that have not been collected and are stored in jars, tins and money boxes, or in the bottom of the drawers of the Australian citizens.
Chris Mills from the Royal Australian Mint said the return rate was
good despite the estimates that there were about 1.8 billion pieces
or 20,000 tones of the coins in circulation.
Between the time decimal currency began in 1966 and in 1992 when 1 and 3 cent coins stopped being used,
The mint made more than 3.1 billion one-cent coins and 2.4 billion two-cent coins. That is $31 million in one-cent coins and $48 million in two-cent coins.
The mint has calculated that the total weight of the coins is 20,000 tones. But Just 4000 thousand tones have been returned, and the return rate has just about stopped.
So this sheds light on that over half of the Australia's pre decimal copper coins were returned to the mint and turned into 1 and 2 cent coins and they also needed copper blanks to meet the demand to make the 1 and 2 cent coins showing that Australian copper coins are half the mintage figures that when they were initially released and what is shown in Australian catalogues is now wrong and should be halved.
aussiebede.

21/05/2024

A New era in Commodities.
Rio Tinto is unable to operate properly due to a regional
shortage of gas so very little mining taking place at a time when there is a shortage.
Mining companies are changing the way lithium is bought and sold in an effort to curb volatility and get some industry-wide pricing set.
Silver and gold prices surged to record highs on Monday morning as bullish investors piled in and bears were forced to cover there short positions as was shown in the silver paper market.
A Exstream spike in copper futures was traded in New York
and has caught markets off guard and sent traders scrambling to cover short positions as Copper prices hits $US10,000 a tonne.
And traders took BHP’s takeover bid for Anglo American as a vote of confidence for the metal and are in a buying mode.
A powerful force has been stalking the world’s gold market and silver market and it has been operating in the shadows.
Whoever it is – or they are – and they seem to be insensitive to cost HAHA Blind fredie can see who it is India,china and russia are leading the way and all the others Nations follow..
aussiebede

21/05/2024

Profit Taking.
Silver has hit its all time high of $48.65 an ounce.
So the Derivatives paper market had a huge sell off pushing the price back down to $47.17. But thoses that hold real silver the asset have kept it while the paper market try to balance there sheets but this was to be exspected but no matter what they do they will not stop silver this time, As india, China, Japan and Russia are in a buy it now mode while at the same time dumping American bonds and buying Gold and silver instead.
There is a shift in world dominance Financial power happening and its led by the BRICS nations creating a new Financial system independent of the USA who has Recently showed its worth by Confiscating Russian assets putting the jitters in others thinking it could happen to them as well, if they dont play ball with the USA.
aussiebede

20/05/2024

Silver Coins
In 1966 silver circulated coins in Australia stopped being produced.
In 1963 The florins,shillings,sixpences and threpence ceased
bein minted and were collected and sold to overseas companies (by tender) for refining and were sold at the current silver prices.
The Successfull tenderers Purchased atleast 15 million worth of circulated pre-decimal silver coins and they were Johnson Matthey (Bankers) Ltd, London and Deutsche Gold-Und Silber-Scheideanstalt Vormals Roesslerand Frankfurt Banks.
The Perth Branch of the Royal Mint was then tasked to refine the withdrawn threepences. As payment the Perth branch of the Royal Mint kept the refined copper and returned the refined silver to the Treasury.
As of June 30th 1968 the Perth branch of the Royal Mint had refined over $5 million worth of threepences producing around 4 million ounces of fine silver.
So if we assume the Florins, Shilling, and sixpences had the same value we are loking at 15 million in face value and 12 million ounces mininum in silver being sent over seas the banks allready mentioned.
Again shedding more light on the decimation of Australian coin mintage fugures that are stated in cataluges.
aussiebede

20/05/2024

1 & 2 cents.
It was the job of the Reserve Bank to withdraw pre-decimal coins from circulation but then it was up to the Royal Australian Mint to handle the disposal of these coins.
The halfpenny and penny were easy because the metal was the same as as what the mint needed to produce one and two cent pieces.
But because of the amount of coins that was needed for the changeover the mint had to purchase copper coin blanks and some raw metals to manufacture the 1 and 2 cent coins, Resultung in all the predecimal copper coins being used in production,
So the only copper pennys and half pennies that are left is what was kept by the Australian population and much of that was sent to recyling plants with stories of 44 gallon drums of peeny coins being melted for the copper. Ths is more compelling evidence which is unknown to the public that our heritage in coins is very rare. Hence it has produce an investment avenue over looked by investors because of lack of information.
aussiebede

20/05/2024

How Rare are Predecimal coins.
In Australia Predecimal coin were minted from 1910 to 1964
The Commonwealth Treasury administered the Coinage Act
So all coins produced under this Act have been Minted by the Treasury and by the Royal Mint, London mint, and its Branches in Melbourne, Sydney and Perth, But some orders were minted by in the United States and in lndia. A total of some 2,600 million coins were issued, of which it is estimated that at least 1,500 million are still in circulation.
So when we look at mintage figures in our cataloge books we need to half the mintage figures as the coins have been returned to the mint and melted to be used in the production of decimal coins.
On average just under half were Melted which were copper and silver coins and thses figures were released in 1966 and that was
50 years ago and we have had two bull markets in silver since then where the silver coins were melted for their bullion So making
Australian Prdecimal coins exstreamly rare.
aussiebede

19/05/2024

When the belt don't fit try this.
Shared By aussiebede

19/05/2024

Shared By aussiebede.

14/05/2024

Mintage Figures.
Earler in the week a wrote a blog on mintage figures from the perth mint so as an update i have posted the 3 images showing some mintage figures of minted coins just to show how rare the perth mint coins mintages realy are.
So the 1999 Platypus $1 coin 64 million,2000 35m and 2001 81m
2002 year of the outback 35m 2016 mob of roos 30 Million , well you get the idea So if we go back to the perth mint mintages they are all less than 1 million.
So you can look at the charts and see that most coin mintages are huge making the perth mints coins exstreamly rare.
But if you look at the Australian population which is 26 million.
So out of every 26 Australians only 1 can own just one of theses coins.
aussiebede

14/05/2024

World Silver prices.
Silver prices are updated every minute
and they show the percentage as the
price rises or falls,
In Australia the percentage Rise price was
AU 63%, US 60% and in Brirtian its was 67%
Now compare this to Asian countries.
Japan up 80% China 68% and even india at 68%
As you can see the buying habbits of these countries
far out pace America and Australia meaning they invest
heavily in this Asset showing that the asian nations are very
savy investors.
aussiebede

11/05/2024

The Market.
We have exsperiance a silver deficit For 13 straight Consecutive years again this according to the Thomson Reuters Silver Survey report and they claim that the global supply of silver has been steadily increasing since 2004, But in the same report it also states that the global demand for silver has also been consistently higher than the supply of silver hence resulting in deficits in the physical silver market for at least 13 consecutive years.
But the gold market on the other hand has been in A surplus supply, Consecutively since 2013 So In the same 13-year period of comparison with silver, there were seven years that ended with gold in surplus.
Proving that the supply of silver has not been keeping pace with demand, They also stated that it does not help that the silver supply continues to be decimated when silver is used meaning not recycled and is sent to land fill where apond gold is kept in vaults..
But since that report silver demand has exsploded with solar.Car and Battery demand out stripping supply.
aussiebede.

11/05/2024

The Facts About Gold.
if you look at the crustal abundance of precious metals,
IE: how much metal is still in the ground we can see that the
gold-to-silver ratio in the earth’s crust is about 1:19.
This means that there is roughly 19 times more silver than
gold in the ground but when you mine these minerals the
mining Gold-to-silver ratio is about 1:9 – only 9 troy ounces of
silver are mined for every one troy ounce of gold. The reality of
mining theses commodities go's against the Estimates of the
scientific exsperts.
Thomson Reuters, (Who inlist professionals with cutting-edge
technology who is informed by the industries-leading experts.)
Have stated that there is 71,578 tons of ‘identifiable above-
ground’ silver stocks IE; above ground, Now if you Compare this
to the 187,200 tons of above-ground gold stocks one can see
that there is actually lesser identifiable silver than gold above-
ground, But Despite this, today the gold-to-silver ratio, when
comparing the prices of both metals, is about 1:70 In other words,
the value of an ounce of gold is equivalent to 70 ounces of silver?.
But in fact the GOLD at $3573.17 vs Silver at $42.65 shows that it
is = 82 to 1 the Ratio in Golds favour.
aussiebede.

10/05/2024

Rareity.
What makes a rare coin in Australia.
Well too start it is the mintage figures,
Then the desire from investors to have that
particuler coin.
Most Circulated coins have large mintage figure over a million
and as high as 59 million for some $1 coins.
So when you look at recent mintage figures from the perth
mint it make one relize just how rare the perth mints coin are
and will become in the years ahead, Some examples are the
2024 Koala with only 300.000 thousand coins minted or the
Australian Kookaburra 2024 with only 500,000 coin produced
The Australian Brumby 2023 1oz with only 25000 minted and not
to forget the Australian Wedge-tailed Eagle with only 50.000
coins produced for the whole year so from this if you compare it
to normal mintage figures you can see right from the start
theses coins are classed as very rare.
aussiebede.

04/04/2024

in India.
Silver Prices in India are high, it is respected there
they use it in weddings and as gifts not to forget
investment.
In Australia you can mainly buy one ounce,
half ounce or kilos etc in silver.
But in india they deal in 1 gram, 10 gram, 20 gram
50 gram and up so Showing there love of the metal.
And with the price rising these folk are now buying silver
by the droves and they don't mind paying for the product.
But with a bit of research one sees that the world is wakeing
up to the true value of silver and its importants in our
economy and its medical applications.
Silver is an idispensable material that the world can not do
with out.
aussiebede

04/04/2024

The awaited time.
For many years silver investors have squirmed
and wriggled over the fluctuations of the silver
market what with its lows to very high only to
return to the lowlows when you look at the grath
it looks like something out of a hospital intensive
care unit.
But if you take a step back and look at a 15
year grath,Silver has went straight up,
The highest price at $49.45 per troy ounce.
Which was in January 1980.
So 44 years later silver passes the $40 ceiling
then keeps marching on to $41.69 (4/4/2024)
And thats only $7.76 of silvers all time highs.
Well lets not forget silver has went from $35
an ounce in just 3 Month to $41.69 today?.
So now we wait for the derivatives dump sell
to try and dampen the silvers rise from the ashes.
But maybe this time it wont work flooding the market
with paper Assets just Maybe this time investors will
want the silver to hold, and not a promise.
Maybe due to the large demand and low mining yields
of these past years investors may just change there
investing habits and hold the silver in there hands.
aussiebede.

02/04/2024

When in Rome.
The Roman Empire set the ratio of silver at 12:1
to Gold,Long before the U.S. Coinage Act of 1792,
Which Created a silver-backed currencies,
which was set at the ratio of 15:1 Silver to Gold.
(one part of gold equaling 15 parts of silver).
Today it is set at 80 to 1.
aussiebede

30/03/2024

Product.
As an investor one must know how much product is available to know how rare it is and its easy availability to source the product,
The same rules apply to silver, A good invester must know how much product there is, But finding the Numbers is not that easy as there is many differant opinions so one must average out there claims and find a ballance.
So with silver there is an estimated 550 million tons above ground.
Thats 17,600,000 million ounces seventeen million six hundred thousand ounces Left below ground.
Above Grounds there is 53.15 million ounces 0.0016609375
Sixteen million six hundred nine thousand three hundred seventy-five ten-billionths tons so lets round it of to 17 million tons.
So the total estimated Silver Reserves is 34,600,000 Billion tons
of silver left in the world so we use 1.14 billion ounces a year
and if that does not change we will have 36 years of silver
left before we rely on recyclable silver to fill our needs,
Which would come from land fill,Computer parts,
and old solar panels but the price will be so high that
jewerly and coins which will be sent to the melting pots
even the Mint coins could face this fate but pre decimal silver coins have and will be melted for there silver content.
aussiebede

26/03/2024

For A Days pay.
During the 1st century AD in the Roman Empire,
One day's skilled labor was equal to one silver denarius coin.
This was equivalent to about 3.9 grams (0.1254 troy ounces)
of pure silver. So just over an ounce for a days pay.
today silver is about $38 an ounce so an hours pay.
So 8 hours a day we have $304.00 an ounce and a
for a days pay, Which is $1,520 a week sounds about right.
This is an example of the out of ballance in the silver price.
aussiebede.

22/03/2024

Behind Close Doors.
The Mint has a very good track record in
sales and the Best was at the end of 2022
with around 180 Thousand in Gold and
170 Thousand in Silver sales.
But perth sales have actual declined since then
to around the 1,000,000 mark,
Setting the stage for a rebound in the Sales at
the perth mint in the furture..
As the demand is at its lowest since 2020.
aussiebede.

22/03/2024

A Month at a time.
In Januray i wrote about the mint breaking sales records.
Then only one month later out comes the sale figures for
February 2024 and i quote, The Perth Mint sold 47,086 oz of gold and 1,006,852 oz of silver in minted product form during February.
Yes in one month repeating and even beating the month before
sales.
So how long can they sustain this sales exsplosion until they have to raise the price of the coins to dampen demand.
Unless they have an endless supply of Gold and silver.
aussiebede

21/03/2024

The Kremlin.
Yury Ushakov who is an aide to putin has announced
that the BRICS nations plan to develop a new payment system.
this new system would be based on the blockchain system
allready in use to day such as Bit coin..But could be back by Gold
or oil Etc,
aussiebede.

21/03/2024

The Stage is set.
The highest price of silver was set at $49.45, an ounce,
And that was in January 1980. And the lowest Price
to buy an ounce of silver was $3.56 and that folks was
in February 1993 so 31 years later and silver has still not passed
its highest price todate $49,45 But today silver is knocking on
the $40 ceiling with the current price at $39.29 and if the silver
price breaks that ceiling all bets are off and the scramble to have
the asset for Manufacturing and investment will surprise
everyone.
aussiebede

18/03/2024

Gold Fever.
With Gold Reaching its modern era Highs off
$3,281.05 an ounce, Now creating the new gold rush
in old Computer parts and such, which still hold gold
in the cases, But the fun side is the prostector,
Who with there fancy new modern Metal detectors
which finds a gram with a sqeal from its speakers
and with the promise hitting it Big.
These new prospectors could be just what
the little towns of Australia need to help them
back on there feet and Autsralians back to nature.
aussiebede

18/03/2024

investing.
Why do you think investing is so
popular with people,
Well it helps build wealth.
So after you get your head out of the clouds looking for quick
rich, One comes to terms with oneself, and then makes small
investment reguarly over many years to gain real wealth.
Real estate has been the go too, But now is priced out of
the Small ivestors reach, So they look for other sources
to put there money such as Art, antiques and Rare coins.
Gold,Silver and copper are back on the investors list aswell
with Gold showing the way at $3,279.99 an ounce in mid
march 2024.You heard the term baby steps well so it matters in investing,Do ones homework Know what you are investing in.
Take small steps so later you can leap.
aussiebede.

16/03/2024

No Bull.
The Commodities Market is set
to start its Bull run after being subdued in the past.
On the 10/08/2020 silver Hit $40 then on the 25/04/2011 silver
reached $43.31 setting a ceiling.
Today in the 3rd month of 2024 silver is testing the $40 an ounce
Range up from $34.50 a month ago.
Gold the limelight hog has hit $3,308.27 in March 2024 up from
$551.27 in 05/06/2003 and thats only 21 years ago so if the
gold price can go up 4 times so can silvers price.
So we all hold our Breaths till june and the new financial year
starts, to see if there is a reset in the commoditties market.
aussiebede.

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