Malta Euro Coins "Rolls of Malta €2 Commemorative Coin 2011" Just Out


Hundreds of people queued outside the Central Bank of Malta


In few hours all the items were Sold Out as can be seen on the Bank's Website

 

 

 

Malta today issued the long awaited rolls of the first national 2 euro commemorative coin from Malta. This coin is the first in a series of 5 and commemorates the first elected representatives of the 1849. The coin was first issued in October in a BU set - today 28th November 2011, rolls and proof coins were released. The response by the public was enormous, most of the people to enter the bank had to wait longer than 6 hours. At the first the bank said that it was limiting the number of rolls and proof coins to 5 but since the turn out of people was huge it had limited the items to just 2 of each. In few hours all the proof coins were sold out and by the time the bank closed all the rolls were sold out with lot of people finished disappointed as didn't manage to get a roll even though they had queued for more than 6 hours

 

 

On the local news just announced that only 66,000 coins were made available to the public, all the rest were sold to dealers from around Europe.

 

 

 

Chronology of the Day


27th November, 22:00 : since one hour people are queueing up - so far 40 people waitng.
some are leaving, more and more are coming slowly ...

28th November, 3:00 : around 80 people are already in the queue. police comes to tell the people not to wait in front of the centralbank. the queue moves and comes back around 5

5:00 : around 120 people in the queue.

6:00 : lot of people arrive around 250 people waiting

8:00 : 500 people waiting and then lot of people started to come

9:45 : First people started to go into the central bank. Before it was said per person 5 pieces each (rolls and Proof), around 3:00 am some people said 3 pieces (this information should have been from sunday noon). before opening the bank lowered the quantity to 2 pieces each. Selling went on very slowly. some people had to present their ID-card.

11:00 : Proof sets are sold out. Around 250-300 people got served so far.

15:45 : Rolls sold out. Around 1500-2000 people served.

 

 

Current Market Price for 1 Roll*


||||||||||||||||||||||||||||                              28.NOV.2011 | €280

||||||||||||||||||||||||||||||                          03.DEC.2011  | €300

||||||||||||||||||||||||||||||                          04.DEC.2011  | €300

* Prices are taken from eBAY and are approximates - they exclude shipping costs

 

 

 

Source

http://www.centralbankmalta.org

http://www.numisforum.eu

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Comment by Luiska on December 15, 2011 at 9:28

I need one Malta 2011 CC UNC. Who can trade with me?

Comment by Robi from Brussels on December 13, 2011 at 11:01

.... And what do you think of such a waste of precious Maltese commmorative coins?

It is sold by a Dutch seller for 21,95€ !

Comment by euroHOBBY on December 5, 2011 at 19:56

Breakdown of the 430,000 coins produced

5,000 Proof coins

50,000 coins in BU sets

375,000 coins in rolls ---> 15,000 rolls

we don't know how many coins were put in circulation

Comment by euroHOBBY on December 4, 2011 at 21:54

Current Market Price for 1 Roll*


||||||||||||||||||||||||||||                              28.NOV.2011 | €280

||||||||||||||||||||||||||||||                          03.DEC.2011  | €300

||||||||||||||||||||||||||||||                          04.DEC.2011  | €300

* Prices are taken from eBAY and are approximates - they exclude shipping costs

Comment by euskal gabadi on December 4, 2011 at 14:51

Bank of Malta allows speculators to shear sheep collectors ... It's none of their business...

Comment by euroHOBBY on December 3, 2011 at 12:38

going back to a topic posted in 2009 - one can see that there were already plans for Malta to issue the Malta Constitutional History series back in 2009 - the reason why it didnt it is still a mystery - one rumor says that the design was rejected by the EU

http://myeurohobby.eu/profiles/blogs/malta-eur2-commemorative-coin

Comment by Salvatore Mugliett on December 2, 2011 at 23:11

I had to do the same ... purchase the proof coin from a local dealer at Euro 50 on the same day it was issued by the bank .... now the same dealer is selling it for Euro 70!

Comment by euroHOBBY on December 2, 2011 at 17:18

i wouldnt buy from him too

i bought it from a local dealer who was also supplied with tons of coins with no extra effort but i had no other option as i wanted a proof coin

Comment by www.alleurocoins.eu (joseeuro) on December 2, 2011 at 9:19

See this: http://www.ebay.de/itm/25-x-2-Euro-Malta-2011

Buy at 8€ and sel by....

I d'ont buy this... and i like if people not buy any this coin.

Jose(joseeuro)

Comment by Luiska on December 1, 2011 at 19:46

I only need one Malta 2011 CC UNC. Who have it for trade?


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