If anybody wants to flip me some, I'll start the scalping and pay $50 per coin. From memory, that's a $20% ROI for the lucky pre-orderers who get stock.
a better way to clarify would be the amount of premium you would pay. personally, I don't want to give the dealers any ideas.
FWIW, if you were able to buy one over the counter today it would be $48 (at current spot). Im not sure how easy these things are going to be to get. Either: everyone that managed to get some will dump them post-release and there wont be much of a premium OR They will be tightly held. I am praying that I can get some at the mint on release day.
Given the fact that not many people are going to get this coin. I don't think the few that do are going part with it for $50 which is the normal premium.
They could be double overnight.. will see.. id say if they sell out and the majority miss out.. ebay auctions will go nuts.. could see $100 off the bat.. agian all depends on how much demand is out there.. we know 2 mill vs 300k and that will be a light ratio compared to absolute demand.. Also spot at time of release will impact.. you might see $75 dragons on ebay in the first week. 1for1
That 2 mill vs 300k is over stated imo. That's just some distributors anticipating the large demand and requesting more dragons. We have no idea what the actual customer base (normal people) demand is. Anyway, if I have to pay $60 to get one I might as well go buy Pandas or the Canadian Wildlife Series.
I would pay $50 per coin. If I cant get them at that price then I will go for the 1/2 and 2 ounce coins.
I'd pay spot plus 6 bucks... If the Australian dollar increases even more against the USD...I can't see why we would have to pay more. Infact...if we look like getting ripped of from LCS or the Perth Mint...I'll buy from APMEX.
i don't see any point buying these things at premium. If you can get some on issue at issue price, then fine but otherwise why bother, there's not much room to move to realise any profit on them down the track.
I doubt the offical Perth Mint reply would intentionally over-state demand.. i agree its just an inital call of interest... but of those.. who would of pulled out or lessened their order i wonder.. this is before the retail demand is taken into consideration.. I agree that we will have to choose very carefully if we still want dragons compared to say pandas etc.. (sorry wildlife seires is naff and not worth the extra fiat - Can mint is BORING), $60 will proberbly be the minimum... Anyone complaining about us giving scalpors ideas.. who is supplying them with all the ounces while we are getting none? Im sure as its been said.. apmex will proberbly ms67-70 the lot and they will start at like $80 us a pop.. Havnt we already had it hard enough without being told we are further aiding the enemy The point is with Sept 1 still over 2 weeks away... spot could be re-testing $50 and we may see $60 each dragons as a pre-sculpt price.. i know even if i wanted 10 rolls, this would take me down to 8 rolls.. IE: we all have a degree of price-elasticity to purchasing the x silver dragon rounds we WANT, the variable i was hoping to not have to equate was excess demand over supply, shortages, rationing and the severe upwards pressure this ALWAYS puts on a finite good's price. 1for1
