The proofs might be worthwhile considering that apart from the 1 ounce bullion they will be the only untampered (ie: uncoloured) 1 oz dragons. If there are 000's of various coloured ones out there maybe non-coloured will stand out a bit more. Depends whether you want to spend the money on a proof I guess.
I will be getting a few proofs but nothing overboard. I have one reserved already and may get another 1 for trade. It is purely to go with the other sets I am building up. Not sure if the premium will follow through though. So a lesson in progress ?
i have been told there will be only 1500 4 coin 1 oz typset you can order these thru australia post about $370 - $380.00 ea set
Does anyone know if there is a purchase limit for the proof/gilded coins and if there is what is the limit?
This on the Perth Mint Bullion blog on Aug 29 :- Ron Currie says: Hi German Thanks for your comment. Please note that the premium at which we are selling this year's 1oz Lunar Dragon silver coin is unaltered from last year's Rabbit coin. The price at which dealers offer the coin for sale in the market is beyond the control of The Perth Mint. Regards Ron Currie Sales & Marketing Director And sounds like the Perth Mint couldnt care at what price dealers gouge prices for. Shameful and will not be forgotten.
So why don't you just buy from the Mint then ? Eliminates the concern of gouging. OK I get that post and convenience/privacy etc... may then become an issue. Issues either way :/
You can only buy 20 coins anyway, just a few crumbs offered to placate the public doesnt interest me.
I was advised today that the Proofs will not be available until next month ? I do have 1 reserved though, they didn't know about gilded and other coloured options. Not that they are a big bullion dealer but they would have some good sales on PM releases though. So may stack bigger on bullion this month and pick up some proofs next month ?
Does anyone know what the mintages are for the 1/2oz, 2oz and higher bullion versions? Is there a limit?
Are these worth buying at issue price? If silver falls to $20 per oz then am I going to be able to get my money back plus a profit in 2 years?
These have a premium of $10/oz straight from the mint. Expect that in the grand scheme of things, they'll always have around a $10/oz premium, so you can effectively ignore the premium for the next paragraph. Any lump of 999 silver will cost you at least spot. Spot moves. In fact, see spot run. Run spot run. If spot drops to $20/oz, no matter what lump of silver you bought will drop too. If spot hits $100/oz, so does your lump of silver. What was the question again? Oh yeah. Can we predict the future? No.
