For those who are interested in the Perth-Mint released Lunar Dragon 9 Coins Coloured Silver Set, you can now find them on Bullion Bourse. Priced at A$1,320 the last time I checked. http://www.bullionbourse.com/#ecwid:category=584916&mode=product&product=8256154 Probably not getting one myself. I'm still waiting for my 25th Anniversary American Silver Eagle to arrive. Revlisify
Just checked on eBay. The cheapest was going for A$1k (+ GST) with free delivery. Appreciate if anyone could comment on the price differences. Revlisify
This was always going to happen. The Perth Mint claimed that these 20,000 sets were all destined for China. But no, a select few get their hands on them and sell them for an outrageous price. When with the Perth Mint ever learn that its continual shafting of Australian customers will lead them to serious customer erosion here at home..... or maybe like so many other big Aussie business they dont give a tinkers about their domestic customers anymore.
Hey mate - I was offered 2011 5-coin ASE proof MS70 set for equiv US $1100 in UK the other day Anyone here think that's a good deal? MS69 for about half that available too.
I suppose I am a bit biased (I have 2 of these sets ), but in my thinking they are probably undervalued. My reasoning is that they are limited to 20,000 sets, the other colours (besides red) are only available in this set and only available in 1oz. Obviously they are not worth as much as the proofs, but still should carry a decent premium - they are speciman quality rather than bullion after all. The red 1oz is available from China for @$168. - so my thinking is they should be worth $130 -160 per coin? Maybe more? If sold individually, how much would someone be prepared to pay, just for arguements sake, on ebay for 1 blue dragon? or 1 yellow dragon? There doesn't seem much love for this set, maybe the Chinese New Year may spark up a bit of interest - here's hoping anyway
Any verdict on the paint peeling? - are most sets OK? is it possible for the peeling to happen later (ie. years from now) ... thinking of buying but a bit worried
The paint pealing was mentioned by one person on another fourm and seams to have gone viral. Can't help but think that thoes who are promoting this as an issue have a touch of the green eyed monster at not being able to afford a set of their own. I myself have a set and have to say it is stunning. I would like to mention to anyone interested in buying a set to google actual photos of the coins as the promotional drawings from Perth Mint used by alot of sellers do not give a real indication of the coins colours. The 'brown' coin is much more brown in the flesh and the purple ones have a far more delicate tone. They are IMHO far nicer in real life.
just a little info: on e bay, 9 coin set coins being sold individually raw dont do too well,but graded they sell fairly well ms 69 NGC graded coins people fight to buy them at 150-200+ usd , ms 70 is a whole other ball game the least I have seen an ms 70 coin sell for was 400 usd and some have gone over 500 ,but the caviot is not alot of coins grade ms 70 , i personally sent 5 sets to NGC (45 coins) 6 came back ms70......................
I have mentioned this too, I have six sets and I found one blue dragon that has about a 1.5mm x 1.25 mm chip on it looks like a grey paint under the blue, and I also have another blue one that looks like the paint sprayer was running out or something really bad scales and yellowish dots under the blue, obviously I can afford the sets I just think if they are charging high premiums sell a quality undamaged coin and if it is originating at the p mint they should cull the damaged ones. The distributer said he would replace them and they have shipped but i have not receioved them yet. I would have to say these are beautiful sets . I have also hat a 2oz and 1oz of the chinese perth colored red dragons with chips through the paint down to the metal that looks like another coin damaged them or the mint equipment, considering how expensive these are this is very disapointing, it could be the chinese are just offloading the damaged ones on ebay so check very closely if you have any. I think it is BS, i would rather have a bullion version than a expensive colored version that is damaged.. I do like the ones that are not damaged... I have no idea if the paint will chip in the future and I have a feeling the damage was done in the minting or packaging process but I guess only time will tell...
Dont mind sharing at all ,these sets where the double wrapped version around #600 coa,the earlier ones i believe had more problematic cons ,but who knows?? this is grading report from ngc 01 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 002 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 003 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 004 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 005 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 68 006 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 70 007 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 008 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 70 009 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 010 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 70 011 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 012 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 013 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 014 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 70 015 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 016 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 017 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 018 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 019 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 020 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 021 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 68 022 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 023 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 024 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 70 025 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 67 026 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 027 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 028 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 029 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 68 030 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 031 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 70 032 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 033 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 70 034 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 035 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 036 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 037 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 038 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 039 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 70 040 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 68 041 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 042 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 67 043 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 044 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69 045 2012P AUSTRALIA YEAR OF THE DRAGON S$1 MS 69
one more thing ,you got to have pretty big stones to send them in to grade you never know what is going to happen 1 guy i know sent one set in and almost threw up when he got it back ,like 4 out of 9 coins where ms64 and at 16.50 a coin , you can easily throw money down the rat hole just as a note im not a grader but one of these ms 68 coins looks better than its ms70 sibling.............................. so this to put it politely is VERY SUBJECTIVE
I have to totally agree with the grades being subjective , I have seen many ms 69s and even 68s that had no obvious flaws and 70s (espescially ase's) that had very obvious flaws . When I have sent coins from the perth mint in I usually get 69s and 70s (unless the grading company scratches them which I have had happen a few times) and many times the 69s look better than the 70s, they might as well just flip a coin over it, heads 69 tails 70?? I think the grading is a bit of a crock on modern coins but I admit i still do it and i would rather have a 70 as well... as a side note I just got a ngc ms70 2012 gilded dragon that looked terrible, I cant believe they graded that a 70, milk spots, dings?? all the ones I have just in boxes look better than that.. so what am I supposed to tell the person that buys it from me?
Just to state I have 3 sets of these beautiful 9 dragons. COAs 3xx - so far no paint chipping etc. Bought directly from the distributor. They are really stunning when you see them. My feeling is these will appreciate in time. As someone mentioned these are specimen coins, not mere bullion and with sets limited at 20,000 the value is there.
