Hi all, I want to purchase a moderate quantity of the above, should I buy from the mint direct or a dealer? Cheers, GP
Yeah shop around, maybe find a dealer in your local city, you might be able to do local pickup to save in postage.
Independent dealers will give you a better price than the Mint. There is going to be a glut of 5oz, 10oz and kilo dragons available for sale in a few weeks time so competition will be fierce for your business. I am not taking orders for the Dragons until I actually have them in hand or am pretty sure they will arrive in a timely fashion. The Perth Mint is unreliable; I am still waiting for coins I ordered 6 weeks ago.
Steve, I have a friend that loaded up on the 2oz dragons and expects to make a killing. Is there going to be a glut of 2oz coins? If so, do still expect them to be a good long term value? Thanks, and I will pass along your answers.
The 2oz coin could have a mintage of 500,000, 1 million or more because the 1oz is limited to 300k. The Perth Mint's 1oz limits worked a treat in series 1 and early series 2 when demand for the coins never reached 300k and were somewhat of a "boutique" product compared with the Maple or ASE, but now the 300k limit is far too restricting given demand and as a result the other sizes, especially the 2oz will be the target of unmet demand.
I can tell you who is going to make the killing. It the *&^**&# Perth Mint. Same effort and time to mint a 2oz as a 1oz coin but over $5 extra profit. They are shameless!