At newsXpress, we believe small business retailers can make their own success

We started selling mint coins six years ago in our shops. Sales have been excellent. The coins have attracted many new and loyal shoppers.

A challenge has been getting enough stock.

A few months ago we committed to having an exclusive coin made for us. Fact or Fiction: Patchwork Platypus 2024 Niue $5 2oz Silver Proof Coin has been a hit.

The $259.00 price point has not been an issue.

A key driver of success for this coin has been the low mintage of 300. We have sole plenty in Australia as well as overseas.

It’s not easy getting a coin designed, approved by an issuing country and made.

Minted from two ounce of 99.9% pure silver, this cool collectable features the Platypus reimagined just as the original British scientists thought it – a sewn together patchwork of a creature, as if created by some Aussie Bush Frankenstein in a castle atop a cliff.

By making this made for us, we have the product exclusively, we control the price and therefore control our margin.

We have a few shops in the group, enough for this limited quantity coin to be a success.

What’s especially interesting about this coin is that while it appeals to coin collectors, it also appeals as a gift in plenty of situations.

We’re now onto our next coin and thinking ahead to more.

We’re selling our platypus coin. in-store as well as online: https://mintcoinshop.com.au/products/2024-niue-5-fact-or-fiction-patchwork-platypus-2oz-silver-proof-coin

I think we will see more of this I engages small business retail – having products made, bypassing traditional wholesale. Heck, product manufacturers have gone direct to consumer so why not us.

Published by

mark

I am a Director of newsXpress, a marketing group for newsagents keen for a bright future. You can reach me on +61 418 321 338 or mark[at]towersystems.com.au

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