Hi, I was examining the offers on this coin: Source: http://www.coininvestdirect.com/upl...pecial-white-dragon-1oz-silver-2012-png-2.jpg
...sorry about that. I wanted to post the image, but I'm new to the platform of this forum. So it's a Perth Mint silver coin, 1 oz, special edition. "Only" 5,000 will be released and costs 90 US $, but buy back price is a mere 48 $. What potential does this have if I invest? I see eBay already has some selling at >200 US $. What do you know about this coin?
It is part of the 9 coin Chinese set (mintage 20, 000) or the 10 coin Australia set (not sure, another 10, 000?), plus might be one of the ANDA releases - so way more than 5000 released. With the current fiasco with Perth Mint, it will be a long long time before you would even get your money back -if ever. Beautiful coins (I have 2 x Chinese sets), but hard to sell at any more than spot.
It can also be bought separately... Various (multiple) sources claim 5,000 pieces. But I guess it's a huge mintage... so this one might not be worth a fortune, not even 10 years later... unless silver goes to the sky in terms of price...
That was a " Downies " release ,they had all of them & held out for top dollar & than slowly released by them So don't expect to see that again , I know every time a new released is announced the newbies go This could be the next redback :lol:
