What would you actually do with this lunar the size of the moon?

Discussion in 'Silver' started by Sonic, Mar 19, 2015.

  1. Sonic

    Sonic New Member

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    Does anyone know the weight of this? My guess is 10 kilo. I've seen Lunars that big for sale on APMEX. It just seems a bit excessive to me. If I was to buy that much silver at one time I'd opt for something a bit more liquid than that. Another 180 ounces and you've got a full monster box. This seems more like a fancy ornament you would put in a protective case or something. Basically what I'm trying to say is I'm too poor to even imagine buying something like this.

    [​IMG]
    Source:
     
    Sonic, Mar 19, 2015
    #1
  2. Joey

    Joey Member

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    Yes, it's a 10 kilogram coin from the Perth Mint.

    We sell a few of them each year. The premium is quite high but a lot of people like having them on display in their offices.

    Cheers,

    Joey
     
    Joey, Mar 19, 2015
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  3. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    I need one of them for my dragon set, and would probably held off buying 10 kgs of other silver to get this one, but the premium was too expensive to make it feasible. It would have been the centre piece of the collection but they made so many coins that year I gave up trying to get them all.
     
    Jislizard, Mar 19, 2015
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  4. DanielM

    DanielM Active Member Silver Stacker

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    But with such a limited run the premium makes sense
     
    DanielM, Mar 19, 2015
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  5. silverreef

    silverreef Well-Known Member Silver Stacker

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    Anybody selling the 10kg horse?
     
    silverreef, Mar 19, 2015
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  6. Gatito Bandito

    Gatito Bandito Active Member

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    I suppose if I had the money, then why the heck not..


    Would have to be a really cool design, though.
     
    Gatito Bandito, Mar 19, 2015
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  7. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Quite a few premiums drop once they hit the secondary market. Some go up if the coin is popular.

    I can't see many of these hitting the market and if they do, I would like to think they would be even more expensive, but I can afford to wait and see if they drop in price on resale. In which case I might get one.
     
    Jislizard, Mar 19, 2015
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  8. House

    House Well-Known Member Silver Stacker

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    I remember when they first came out, considered one but the premium was worth 3x kilo Dragons at the time. Liquidity would obviously be too much of an issue.
     
    House, Mar 19, 2015
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  9. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    What would you actually do with this lunar the size of the moon?


    [​IMG]
     
    Holdfast, Mar 19, 2015
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  10. Sonic

    Sonic New Member

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    It's kinda funny I say I'm too poor to get that and then everybody is like "Yeah I was thinking about getting one of those." Kick me while I'm down why don't you!
     
    Sonic, Mar 19, 2015
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  11. BoliverT.

    BoliverT. New Member

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    That's life, being kicked while you are down will give you incentive to rise above according to Brother Dave.
     
    BoliverT., Mar 19, 2015
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  12. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Apart from the enjoyment gained from kicking people while they were down, I notice that many people were thinking it, but few actually had the money to do it.

    I was looking at the unallocated silver in my Self Managed Super Fund and trying to work out if there was a way I could convert it into a 10kg Dragon without setting off alarm bells to the auditors. I think if there had been a few for sale I might have looked into it but it was going to be a hassle just finding one.
     
    Jislizard, Mar 19, 2015
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  13. silvestor

    silvestor Member Silver Stacker

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    I would love to see a picture of a set of these 10kg 'coins'. It would have probably costed around 60-70k so far.
     
    silvestor, Mar 19, 2015
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