Tuesday, October 4, 2011

Perth Mint release more Lunar Dragons today

For those who weren't aware and are interested in Perth Mint numismatic releases (paying a lot more for the coins than their bullion content), more versions of the 2012 Silver Lunar Dragon will be released today:

# 2012 Year of the Dragon 1kg Silver Gemstone Edition (5,000 mintage)
# 2012 Year of the Dragon 1oz Silver Coin Gilded Edition (50,000 mintage)
# 2012 Year of the Dragon Silver Proof Coloured Coins  (10,000 mintage)
# 2012 Year of the Dragon 1oz Silver Typeset Collection (1,500 mintage)

Unfortunately the supplier who was going to provide my bulk order of Gilded dragons (as mentioned in this last post) had their allocation changed, I have now placed a bulk order for the coloured proof dragons elsewhere, but not holding my hopes too high on delivery after all the changes that have been made to my other bulk purchases. 

Apart from the Perth Mint website which should list the above coins later this morning (with strict order limits), you could try your luck at some other dealer/coin sites which already have some coins listed:

Note: Not Australian based.


Are a couple to try.

When buying numismatic coins on release, just remember they are like the junior mining stocks of the coin world. Some will soar, but for most that will only be for a short time as speculators and household limits temporarily restrict supply and collectors or punters bid up the price to get their hands on the few available. Demand must remain strong, if too many speculators get onboard at early stages then they will likely dump for a loss if the price doesn't look to be going anywhere. For those who are risk averse, you are best to stick with bullion priced coins and bars.

BB.
 Buy bullion online - quickly, safely and at low prices

4 comments:

  1. I don't like the gemstone edition dragon - only one of the two eyes has a gem stone on it - looks ridiculous.

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  2. I must admit that single red eye is a bit of a put off.

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  3. Yaaaarrrrrrrrrrrrrrrr.... it's a pirate dragon. Silly way of doing it is one thing, to approve it is a league of its own.

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  4. yeah, that one eyed dragon better go in the bargain bin because that thing is silly.

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