yikes!! I really wanted some of the regular bullion ones but apmex sold out in an instant. At these rates, I might as well go for the ones selling at the royal canadian mint!
500 mintage -> 2x issue price 1000 mintage -> 5x issue price 5000 mintage -> 8x issue price Something seems wrong here! I wonder how much they are going to ask for the 10.000, 50.000, and 300.000 mintage dragon coins once they are available, or think of the unlimited ones...
Not really IMO, price is driven by the market. I'm pretty sure the 1oz market is heaps larger that the 1KG.
Check this: 1oz proof already up to $413 http://www.ebay.com/itm/2012-Austra...=180726724618&ps=63&clkid=3088106031672714777
A couple of days ago... AU$560:lol: http://cgi.ebay.com.sg/ws/eBayISAPI...eName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649
I cannot believe people are paying over 10 times spot for a newly minted coin. One of the great things about PMs and Numis is that it's never dull
I've found that with Numis it doesn't matter about spot release price was even $112.50 when spot was around $40 if they come with a box and COA they are usually for collectors and at the moment there are a whole lot more collectors than coins which leads to massive premiums over release price I'm not complaining I live in perth so I hope by this time next year there is even higher demand for the proof stuff.
If anyone is after the 1oz Silver proof Coin. I know someone that has a few. They are willing to sell them at $350 each.