Tracking the 2012 1oz Silver Dragon Secondary Market

Discussion in 'Lunar Forum' started by Apollo, Sep 2, 2011.

  1. Boomstix

    Boomstix Member

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    Wow those prices are crazy, I thought I got a good deal selling my 3 coin set at $1000
     
  2. goldpelican

    goldpelican Administrator Staff Member

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    Ok, testing the market - I put my personal three coin set up for $1850 BIN.

    Technically the buyer is helping out the FNQ economy because I need to pay my credit card after the holiday :mad:
     
  3. Lightsview

    Lightsview Member

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    OMG! Crap.... I stand corrected :(
     
  4. stinkypete

    stinkypete Member

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    makes a lot of sense !!
     
  5. unfunkable

    unfunkable Active Member

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    got my on auction for 1499
    bin of 2499
    no bids yet
     
  6. PeeZapp

    PeeZapp Member Silver Stacker

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    Is there any watchers?
     
  7. unfunkable

    unfunkable Active Member

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    my 1oz sold for 499 BIN over night...i undersold by about 100 i rekon...
     
  8. Butch

    Butch Active Member Silver Stacker

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    They've got longer arms.
     
  9. PeeZapp

    PeeZapp Member Silver Stacker

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    Yeah I think you will see some action on the 3 coin set near the end of your auction unless it's others trying to get an indication on sale price. 499 not bad prob could have done a bit better but couldn't really complain with those levels of profit.
     
  10. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    I've been tracking the sales of Dragons since we got back from Perth :cool:
    Here are the results

    First auctioned slabbed UNC ms70 $330 - 280737119552
    BIN that didn't sell for $190 - 260850207902
    Another proof BIN $456 didn't sell - 190575156888
    A proof auction that did sell 150661871241

    auction $160 - 330611671069

    another auction,but I call BS on the price of $360 for an UNC unslabbed ,maybe if the seller is here they can tell us :)
    110740233685

    Lower priced auction $102 + postage - 190574695096

    A slabbed ms69 BIN that didn't sell for $200 - 220856683958

    Auction slabbed ms70 sold for $290 - 370542192885

    Auction slabbed ms 69 $175 - 140605967328

    A 3 coin set BIN for $3300 didn't sell - 200650961051

    A slabbed ms70 BIN $460 didn't sell - 200652801328

    Slabbed ms68 didn't sell for $250 - 370540066153

    A proof auction sold for $560 - 180725470617

    A proof BIN didn't sell $550 - 300600752486

    Auction proof $380 - 370543916709

    Now make sense of that [​IMG]
    [​IMG]
    [​IMG]
     
  11. hiho

    hiho Active Member Silver Stacker

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    so is it worth flying to the states with 100 (buy price $40ea) dragons getting them slabbed and selling on ebay? profit would be approx $8000 minus grading and slabbing costs, airfares/expenses
    or would one be best selling the lot on silver stackers for $80ea?
    would probably work out similar, except a free trip to the states I guess
     
  12. Diablo21

    Diablo21 Member

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    You don't need to fly oversees and pay for expensive hotels etc. Just send me the coins and I'll take care of everything for you :) Just give me one 1 oz dragon for my troubles...
     
  13. backsideroyale

    backsideroyale Member

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    Forgive my ignorance but why is the american market prepared to pay so much more for slabbed coins? I gathered for whatever reason they like MS70 coins but hiho's post implies even an average grading adds considerable value in the US.

    Is this limited to lunars or in general?

    My old man and lil bro live in the states atm. Hes holding some eagles for me as it was cheap to have them shipped to him (that and i cant let my flesh and blood not have access to silver if shtf). Reckon its worth me having him get my existing coins slabbed and see what kind of prices i can get?
     
  14. hiho

    hiho Active Member Silver Stacker

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  15. rbaggio

    rbaggio Active Member Silver Stacker

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    $80/ea here for a roll of 20: 120782856890
     
  16. theiain1

    theiain1 Member

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    That ebay seller above

    3 feedback

    He / She has another listing for 20 @ $52ea 120776705961

    I pm'd and offered cash on pickup - he / she declined

    Reaks of scam


    Update:

    Surprise Surprise - seller is no longer a registered user
     
  17. Diablo21

    Diablo21 Member

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    Up on APMEX for $99.99 each, delivery Oct 4th.
     
  18. Elemental

    Elemental Active Member Silver Stacker

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    So much for the flood of these hitting the market and dragging the price down.
     
  19. Boomstix

    Boomstix Member

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    Well just sold the last of my dragons. Initially bought a roll of 20 1oz bullion, 1 oz proof and 3 coin proof. And now have 37 oz of silver + $1700 and kept 1 bullion coin for myself. Not bad for an initial investment of 1400
     
  20. trew

    trew Active Member Silver Stacker

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    1oz Proof dragon just sold on ebay for $350 - item: 290612363289

    just a one off or is the party over ?
     

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