Guys, some of you may have been aware of the new coin releases from the Royal Australian Mint (RAM) for the very popular Remembrance coins which have already sold-out at most if not all coin dealers. Today, 03 November 2022, the RAM had so much traffic that their system was overloaded to the max which caused the 08:30hr release time to be amended to 13:00hrs but even then, the site did not come back on line and now the RAM Facebook page indicates that no coins will be sold today.
Tomorrow, 04 November 2022, coins etc should be available,
that's "if" their online eShop and the Queue-it system can also handle the traffic.
For those that don't know, "Queue-it" is a system that puts you in a queue with other clients to wait in the electronic line so that you can access the RAM and perform a transaction within 15 minutes.
A similar crash occurred on Wednesday 02 November 2022 when the Australia Post site crashed with the launch of their new coins.
So what is causing the crash?
There is huge demand for the RAM 2022 Two dollar Remembrance red coloured coin which, like many of the RAM coloured coins, has exploded in price.
Same goes for the Australia Post issued "Crux" coloured one dollar coin found in the series 3 Great Aussie Coin hunt.
If you are lucky enough to grab a coin, all I can say is, well done. ;D
One day, we might see our silver coins do just as well as the copper, aluminium, nickel coins produced by RAM but for now, all we can do is smile.
Cheers
PS: Coins mentioned are:
2022 RED Poppy $2 ?C? Mintmark Rememberance Day Coin
2022 Crux: The Southern Cross Limited-Edition Coloured Coin Prestige PNC
2022 Crux: The Southern Cross Limited-Edition Double Coin Prestige PNC
Tomorrow, 04 November 2022, coins etc should be available,
that's "if" their online eShop and the Queue-it system can also handle the traffic.For those that don't know, "Queue-it" is a system that puts you in a queue with other clients to wait in the electronic line so that you can access the RAM and perform a transaction within 15 minutes.
A similar crash occurred on Wednesday 02 November 2022 when the Australia Post site crashed with the launch of their new coins.
So what is causing the crash?
There is huge demand for the RAM 2022 Two dollar Remembrance red coloured coin which, like many of the RAM coloured coins, has exploded in price.
Same goes for the Australia Post issued "Crux" coloured one dollar coin found in the series 3 Great Aussie Coin hunt.
If you are lucky enough to grab a coin, all I can say is, well done. ;D
One day, we might see our silver coins do just as well as the copper, aluminium, nickel coins produced by RAM but for now, all we can do is smile.
Cheers
PS: Coins mentioned are:
2022 RED Poppy $2 ?C? Mintmark Rememberance Day Coin
2022 Crux: The Southern Cross Limited-Edition Coloured Coin Prestige PNC
2022 Crux: The Southern Cross Limited-Edition Double Coin Prestige PNC
