Wednesday, June 4, 2014

Perth Mint Poseidon 2014 2oz Silver High Relief Coin

On 3rd June 2014, Perth Mint has released second coins in The Gods of Olympus series: Poseidon 2014 2oz Silver High Relief Coin. Only 1,500 of the Gods of Olympus – Poseidon Coin will be released by The Perth Mint. The 2 oz of 99.9% pure silver issued as legal tender of the Government of Tuvalu. In ancient Greek mythology, Poseidon was worshipped as the God of the Sea.

Poseidon Coin
Poseidon: God of Sea

The coin’s reverse depicts a bearded Poseidon riding the waves on his chariot pulled by two hippocampi, clutching his trident, with dolphins porpoising in the background. The design includes the inscription POSEIDON and The Perth Mint’s ‘P’ mintmark. The coin obverse show the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, the 2014 year-date, and the monetary denomination.

Historically, Poseidon was always portrayed as a mature man with a fully-grown beard, and equipped with his best known weapon, the trident, which he used to shake the earth, shatter rocks and create storms, causing devastating earthquakes and tsunamis. His other symbols include a bull, dolphins, horse and fish.

Poseidon was one of six children and the second of three brothers, Zeus, Poseidon and Hades, born to Rhea and Cronus, the ruler of the Titans. Having overthrown their father, the three brothers divided the universe between them. Zeus took control of the heavens, Poseidon the sea, and Hades the underworld. After being given the sea to rule over, Poseidon built for himself a spectacular underwater palace on the ocean floor made from coral and gems. He was often depicted riding atop the ocean waves, sometimes on his chariot pulled by sea-horses, also known as hippocampi.

In ancient Greek mythology, Poseidon was worshipped as the God of the Sea. Adept at gathering clouds and creating violent storms, Poseidon was responsible for countless shipwrecks and the drowning of many souls, yet he also held the power to grant a ship a successful voyage, and to save those in danger. He is also often referred to as the ‘earth-shaker’ due to his penchant for causing earthquakes.

Technical Specifications:
Silver Content (Troy oz): 2.00
Monetary Denomination (TVD): 2
Fineness (% purity): 99.9
Minimum Gross Weight (g): 62.27
Maximum Diameter (mm): 40.50
Maximum Thickness (mm): 6.00
Maximum Mintage: 1,500
Designer: Tom Vaughan

The coin is housed in a prestigious round wooden display case, with stunning detail on its lid and packaged in a beautifully illustrated shipper. Each coin is accompanied by a numbered Certificate of Authenticity.

The Gods of Olympus series: Poseidon 2014 2oz Silver High Relief Coin have been sold out within a few minutes after the coin is launched on Perth Mint website. They're many complaints by collectors via Perth Mint website, coin collectors blog and forum about a long waiting time before the website told them that the coin was no longer available. Within hour, some eBay sellers sold the Perth Mint Poseidon coin for USD$429.99. The original Perth Mint price is only around USD$150. One of the extremely sought after coins for the year 2014.