Dear all, Based on the past track record, is it true that generally, the appreciation of PM Lunar (bullion) for SILVER coin is much better than GOLD?
The appreciation of silver coins in general is always much more than gold coins, simply because of the smaller amounts of money involved per coin. A collector might be prepared to pay triple spot for a 1oz silver coin that is in demand because the collector premium being paid is still not that much It is also cheaper to make a collection of silver coins so more collectors do, so there is more demand - collecting gold coins is much more expensive
That means lower potential return for investing in gold lunar.... maybe that explain why there r quite many gold proof coin (previous release) still available in Perth Mint....
the question was for bullion hence u mentioning proof...try to find gold bullion lunar for sale..especially s1 gold lunars have lower mintage and harder to find
Ya..ya... just realised I hv contradict myself on bulkion VS proof.... The lower mintage of gold lunar still not able to win over the much fewer collection interest --- hence caused the lower appreciation track records?
Appreciation on any 2 items with one worth $1,500 and the other $20 per unit, is bound to be different I am afraid. There is a lot more value stored in an ounce of gold than in an ounce of silver, and in this sense there is a greater play on the metal in an ounce of gold.
Imho, Gold lunar bullion coins store a better value and a greater demand than silver ones. If you manage to find a buyer for your past series sale, you can restock with more ounces under the current series. Imo, it is harder to sell $900 (?) 12 x1oz silver coin series 1 full set compare to $1300 12x1/20oz gold coin series 1 full set. My 2cents.
