Dragons of Legend Bulgarian 3-Headed Dragon Coin & More!

Discussion in 'Silver Coins' started by Silver2012, Oct 25, 2012.

  1. Silver2012

    Silver2012 New Member

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    There's a bunch of coins getting released on October 31st that are apparently going to sell out within an hour of their release. Check this out:

    [youtube]http://www.youtube.com/watch?v=KsahCAO_Dpo[/youtube]
     
  2. alexbecks

    alexbecks Member

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    Nice Coin, Nice Series. Only con is that with so many dragons this year, I would like to see more dragon coins only in 12 years :)

    Alex.
     
  3. SA@YPS

    SA@YPS New Member

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    I'm not even sure i'll be ready for them again in 12 years (actually less than 11 years now )
     
  4. R1dh0

    R1dh0 New Member

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    Dragon in year of snake, another mistake or will bring fortune?
     
  5. Dubok

    Dubok New Member

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    That is not "Year of Dragon" series, so I'm sure the coins will still be highly demanded in the year of snake and following...
     
  6. alexbecks

    alexbecks Member

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    Like most of The Perth Mint Coloured coins.... ;-)

    Alex.
     
  7. Silver2012

    Silver2012 New Member

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    The Dragons of Legend series is super collectable. The Red Welsh Dragon is worth about $200 now. Also the upcoming release of the "Four Seasons Summer 2012 Proof Coin" is going to be really collectable as well.
     
  8. House

    House Well-Known Member Silver Stacker

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  9. R1dh0

    R1dh0 New Member

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  10. Silver2012

    Silver2012 New Member

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  11. goldpelican

    goldpelican Administrator Staff Member

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    Have you heard of Clownfish? :rolleyes:
     
  12. lostwords

    lostwords New Member

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  13. 1for1

    1for1 Well-Known Member

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    Seriously? Not really eh? Man your bullish on overpriced jank.. sorry but it needs to be said.

    I dont include legends of Dragon as JANK but all that other overpriced jank is well, JANK - i have grave concerns for your investment strategy... who will be able to afford to pay you guys premiums on top of the ludicris prices you are paying for just RRP.. MADNESS bubble.

    IMO ... anything on the POWERCOIN.IT site is earmarked for a giant cliff jump!

    1for1
     
  14. ShadowPeo

    ShadowPeo Member Silver Stacker

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    Collecting Dragons of Legend, and I am most likely going to offload them as soon as I have all 5 of them (well perhaps 6 but I am not convinced about the 5Oz Chinese Dragon) to purchase other things on ebay, a sucker born every minute
     
  15. unclekim

    unclekim New Member

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    I'd disagree.
    It started well but following coins were quite far from "super". People sell Chinese dragon at eBay with loss.
     
  16. Silver2012

    Silver2012 New Member

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    Yeah the Chinese Dragon is the worst one, but the final two coins are going to do very well, they're not ugly like the Chinese Dragon
     
  17. unclekim

    unclekim New Member

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    St George at eBay:
    6 sales under $100, another dozen under $110. It's quite a loss.

    Last 2 may be successful but I do not see any indicators so far to be so sure. Although I'm sure they will sell out in hours ;)
     
  18. Silver2012

    Silver2012 New Member

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    With time they'll appreciate back to $150/coin, I'm certain of it. The 3-Headed Dragon is going to be a hit though, there's nothing else like it on the market.
     
  19. 1for1

    1for1 Well-Known Member

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    Could go either way, return to its one ounce silver intrinsic value ... as its a pretty one ounce coin.. could continue to stay around issue price or even appreciate... but its a dud investment compared to just buying silver.

    How you could be so certain of the future price increasing is interesting - i think its cognitive dissonance and you have vested interest in these going up as you have a monetary stake in that happening, it wont change the future but - youll essentially need a new level of buyers who are prepared to buy them up beyond the retail price.. i am just not seeing PM proof suff maintain there RRP i saw a coloured proof go for $70 odd yesterday.. oversupply means demand will never exceed it.. unless there is a new market that opens my popcorn is on them dropping off slowly as investors have so much current year stuff to purchase the way the mint is churning them out!

    I bet Franklin Mint collectors thought they would APPRECIATE

    1for1
     
  20. Silver2012

    Silver2012 New Member

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    Could very well be cognitive dissonance, but I just really like the set. We'll see what happens.
     

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