10kg silver dragon

Discussion in 'Lunar Forum' started by stackeract, Aug 29, 2011.

  1. stackeract

    stackeract New Member

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    I think so far none of the 10kg silver lunar coins were even close to their mintage limit of now 500, but I bet the 10kg dragon will sell out.
    With the expected prices for the 1oz dragons, the 10kg coins almost look like a bargain :)

    Are you (thinking of) buying one?

    When do you think they are going to sell out?
     
  2. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    Nope potentially difficult to liquidate, ties up alot of capital in 1 item that could be spread across many and a pain in the ass to carry home ;)
     
  3. Boyo

    Boyo Active Member Silver Stacker

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  4. thatguy

    thatguy Active Member

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    I cannot think of any scenario that 10 X 1kg Dragons would be a worse investment then 1 X 10Kg dragon. But then again maybe I have an imagination issue
     
  5. stackeract

    stackeract New Member

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    What's a better investment? 1x 2oz dragon or 2x 1oz dragon? The 1oz dragons are (currently) more expensive than the 2oz dragons because of the limited mintage.
    They might sell over 1 million 1kg dragons, 2oz dragons etc, but at most 500 10kg dragons.

    One scenario that might result from this potential flood of unlimited dragons is that there might be more than 50 1kg/2oz dragons on ebay at any given time, which means they will probably always sell close to spot price.
     
  6. stackeract

    stackeract New Member

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    Well, there are probably also 2000x more people who would buy a 2oz dragon than a 10kg dragon, so I guess that evens it out... :)
     

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