The mintage numbers of the Precious Metal Hawaii’s Hawaiian Monarch Series has been determine based on an article from the ANA library (memberships has its privileges).
Based on the article, each of the gold and silver coin had a total projected mintage of 1,500 . The individual mintage for the 16 coins (8 gold and 8 silver) will most likely never be known.
Here is a rough estimate:
1,500 struck / 16 coins = 93.75 coins per coin design in both silver and gold.
The idea of having 1,500 coins struck per design and metal type (total 12,000) would be too much for a relatively unknown mint in Hawaii. Also, if you have monitored the Hawaiiana coin market, these coins appear once in a blue moon.
As I previously blogged, eight piece sets have been on the market. Also, a few Kamehameha the Great coins have been on the market. I have not personally seen the 7 other Hawaiian Monarch coins in the series sold individually.
As for the scarcity, I was told by a well known dealer in Hawaii that these coin are hard to come by. Most were melted in the boom is silver prices in the 1980’s and 1990’s.
From the article, the coins were made available nationally (address provided in this national distributed periodical).
As for why Medcalf & Russell did not listed the 1980 Hawaiian Monarch series in their 1991 book, I can venture a guess that it was simply missed.
As for the cancelled dies, it would make an excellent collectible.
During the past week, there was a 1/2 ounce silver Kamehameha the Great listed and sold on eBay.
Back in March 2013, I provided an image of the 1 ounce gold Kamehameha the Great issued by Precious Metals Hawaii.
The original mintage was found to be 1,500 for this coin.
I located a 1980 article indicating that it is from a series of 8 coins. However, if you remember the 1980’s the price of gold increased and most of these coins were melted.
There is also a silver 8 piece coin set by Precious Metals Hawaii that I’m investigating with the ANA library. The set includes:
Kamehameha the Great
King Kamehameha II
King Kamehameha III
King Kamehameha IV
King Kamehameha V
King William Lunalilo
King David Kalakaua
Here is a previous blog about the silver Kamehameha the Great that was sold individually in a presentation box.
I’m still investigating/documenting the coins from The Honolulu Mint. Here are some preliminary findings.
There is a 22 mm KALAKAUA MOI O HAWAII coin struck in both gold and silver.
The gold coin is 7 grams (0.25 oz) and 24 KT gold.
The silver coin is 16 grams (0.564 oz) and 0.999 fine silver. The coin is thick.
Both share the same obverse. Both are dated 1886. A distinction can be seen in the lettering with some of the letter bases touching one another. The two stars on each side of the date is another distinction of these coins (from the other mints).
Both reverse differ as the images shows.
The gold coin uses the same reverse as the Queen Liliuokalani coin I mentioned in a blog a few days ago. The silver coin has the ‘Iolani Palace as the main design element and with the dates 1836 – 1891 (birth year and year of passing of King Kalakaua). The King’s motto ” Ho`oulu Lāhui” is placed above the palace. The silver coin reverse has no “SL” initials nor any other markings indicating it was struck by The Honolulu Mint.
A very interesting find on eBay. This auction ended today.
The auction went unnoticed. It must have been a slow week for Hawaiiana collectors as only a single bid was made. Winning bid was a measly $9.99.
1991 M&R listed price is $35. Page 122 of M&R shows an image of the obverse. The medal is issued with hole.
In a previous blog, I mentioned that The Honolulu Mint catered to the fine Hawaiian jewelry market. Here is an example of an Queen Liliuokalani jewelry specimen.
Then there are those specimens catered to the coin collectors. Below is such a specimen of a Queen Liliuokalani coin specifically for the coin collector. The coin was issued encapsulated. It came with a wooden box and a COA. Notice on the reverse you will see the initials “SL” for Steven Lee (designer of this coin) from The Honolulu Mint.
One area I’ve been investigating are the issues from The Honolulu Mint prior to its bankruptcy in 2005.
So far I have identified 68 coin issues before 2005. Majority of these issues were struck as custom issues. Custom issues are struck for a specific organization and do not have either: The Honolulu Mint’s hallmark nor designer’s hallmark. Other coins have been struck specifically for inclusion with jewelry (has the designer’s hallmark).
From my working The Honolulu Mint spreadsheet, I can only identify one coin with the The Honolulu Mint’s name. This coin is the Kamehameha the Great 1 ounce fine silver coin. This coin is 1 troy oz of .999 silver., proof, 39.2 mm in diameter.