Greetings, I have been looking at 1 kg and 10 oz Perth lunar coins on ebay, and I find instances when the price of the 10 oz coin is almost the same as the price of the 1 kg coin (for older coins). Sometimes I go "oh, this is a cheap 1 kg coin", and then I click on it and find out it's a 10 oz coin. This doesn't make any sense because the 1 kg of course has 3 times more silver, and cost 3 times more new. Am I mistaken, and maybe it was just a one-off, or is this a trend many people have observed? If yes, why is it? Because more people prefer to collect 10 oz coins (maybe because they are less bulky)?
10 oz Dragon for HK$4,069: http://www.ebay.com/itm/2012-Austra...238007?hash=item19da55caf7:g:AEMAAMXQkl9RaRar 1 kilo Dragon for HK$6,780: http://www.ebay.com/itm/Kilo-silver...908064?hash=item2ee9236ae0:g:VkoAAOSwfZ1WZGNB You get another 22 oz of silver for HK$2,700. 220% more silver for 60% more money! It doesn't really make much sense. Unless I am missing something... There are a few like this.
You are indeed missing something... The kilo is priced in GBP which is about AU$1,200. That 10oz is just ridiculously overpriced and will never sell.
That's why I edited my post, and posted both coins in HK$. Please check again. So the 10 oz is overpriced? Do both prices (for 10 oz and 1 kgs) move by a similar amount? I am interested in buying 1 kg coins, but if the 10 oz coins historically did better, then I will buy 10 oz coins for my collection (just in case one day I want to sell). In general, is it easier to sell 10 oz coins or 1 kg coins? What do you reckon?
Very much so given my recent auction for 1/2,1,2,5 and 10oz Dragons achieved $585. But it is eBay so easily could be someone willing enough to pay that price at any stage. Kilo Dragons on here usually go for $800-$850ish but I have sold on eBay for $1300. Mintage is unlimited until S3 begins so the PM could sneakilymint 10,000 and put them on the market if there's sufficient demand such as a dealer commissioning them to do so.
Cool, thanks. So I should consider buying 10 oz rather than 1 kg coins Another question: the roadsign series is pretty cool. I like a series with a different design yearly (I mean completely different, like the lunar, not like to cooks or coalas). Is the roadsign series here to stay for a few more (or many more) years?
Key coin for KG S11 is Tiger which is around AUS1250-1500. excluding postage. All other lunar S11 kg should be lower than it otherwise is overpriced. Take note the kg can mint again till 2019.
