Later Date Royal Hawaiian Mint Products

Noticed a few later date RHM products being incorrectly identifed on eBay. Later date are those produced after BVNH retired.

RHM owners are reusing original dies mated with modified and/or new dies. Seems individuals are looking at the obverse date and assuming its the original issue year. Sadly, they are mistaken.

If you read the RHM section in M&R, a statement is made that RHM never destroys dies. Therefore, all RHM dies are available and they are reusable.

If you study the die pairs being offered you can spot the die reuse.

Major collector issue is the possibilty of restriking previously low mintage coins from the original dies. If it does happen, the RHM products will only be worth its bullion value.

I recommend checking the hallmarks on both the obverse and reverse. I previously made a blog entry on RHM hallmarks.

Recent Auctions Related to Official Hawaii Statehood Medals

Plaster casts of obverse and reverse of the Hawaii Statehood medals were bid higher than I expected. My placed bids were not high enough. Also, a progression set was  being offered. One of only 30 known to exist. Overall, strong bidding on the Hawaii medals!

Hawaii the 49th State Error Medal

This is an update about the So-Called Dollar HK-722 Series HK-722, (HK-722A, and HK-722B).  They are also listed in M&R as 2M-390, 2M-391 and 2M-392. The given descriptive name is Souvenir of Hawaii,  Statue of King Kamehameha. Collectors do get confused with the Souvenir of Honolulu version (HK-723 or  2M-393).

How rare is the 49th State Error?

http://www.socalleddollar.com/study2ndED.html John Raymond has complied a tabulation of sales from 1975 – 2000. Sales of HK-722, HK-722A, and HK-722B are zero.

http://www.so-calleddollars.com/Events/Hawaii.html

Image (click to enlarge)  is taken from NGC US Coin Census to show that HK-722B is not listed and the extreme rarity of HK-722 and HK-722A.

hk722missing

Image below is a  HK-722B in my collection. It took some time to locate one. This HK-722B has undergone conservation as it suffered from bronze  disease. It’s still a hard medal to locate.

hk722xx hk722xxx

A Bullion Dealer Technical Difficulties

I knew it was to good to be true when I found a bullion dealer listing for Royal Hawaiian Mint gold/silver sets listed at $119.42.

I did place an order on a so called “protected” credit card account monitored for unauthorized transactions and with a low credit limit.

After 20 days, no action by the dealer. A call to the customer service did not help.

The company has not bothered to correct the webpage. Shame on the company for false listing and being incompetent in managing their internet operations

.