High Relief Lunar Question.

Discussion in 'Silver Coins' started by ironwood, Sep 16, 2012.

  1. Ghost Story

    Ghost Story Active Member

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    All i need to remember about PM is they are a business and have now a cut throat take no prisoners CEO and its just like any other big business their job is to extract money from people the best way they can.

    so at least the pattern is unfolding of how they are doing business, i am the one who has to think and not trust them for 1 second to have my best interests at heart, because they don't.
     
  2. ironwood

    ironwood Active Member Silver Stacker

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    Goblue. Do you have a source you can reveal for this information?
     
  3. goblue

    goblue Member

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    Hi Ironwood,

    The source is directly from Perth Mint, found at their blog website.
    Price will be $440 for the set of 4 high relief Kook, Dragon, Koala and Kangaroo

    Please find the entire discussion here:
    http://blog.perthmint.com.au/2012/10/02/october-2012-new-product-bulletin-out-today/#comments

    No explanation though as to why they would remint the 4 high relief coins.
    The odd thing is they are not selling well anyway (Dragon is sold out for sure but with no significant price increase) so why would Perth remint them in a 4 coin packaging.
    The only logical explanation is they try to move the slow moving Koala, Kook and Kangaroo by re-minting Dragon while sacrificing current 7500 owners of Dragon high relief.

    I would prefer they go back and mint Mouse, Ox, Tiger and Rabbit in high relief so there is Series II complete set of high relief.
    Perth Mint did acknowledge that this is a good idea.

    That is all folks.

    Officially, High Relief Dragon is devalued beyond recognition now.
    Don't bother in touching High Relief Snake.
     
  4. R1dh0

    R1dh0 New Member

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    does HR snake has the same fate like it predecessor? time will tell.
     
  5. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    My crystal ball tells me that " HR coins are a flop " ;)
     
  6. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Doh doh!
    I go few hr dragons..so I supposed they will look only good on my glass display case then :|
     
  7. ironwood

    ironwood Active Member Silver Stacker

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    Thanks Goblue for the answer above.

    Spanner, I agree, I think your crystal ball is right. I've certainly never expected them to become wildly popular. More of a niche market.

    It is quite dissapointing the mint is releasing this set. Only sets the stage for future of other coins. As uuuuuuuummm said they cannot be trusted. The mint does not care.
    I WAS enjoying collecting the HR's because of the low mintage and uniqueness. Gonna have to think long and hard about buying more.
     

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