It's no good comparing a numismatic coin with a bullion price. Like it or not - some of the lunar coins now have a built in numismatic premium. To say that you are paying $100+ an oz for a coin is not actually true. You are really just paying bullion price plus a numismatic premium. The fact that the coin used to sell for bullion price only is irrelevant. It has now entered the realm of the numismatic collector and as such - is worth more than it's basic bullion price. It's the same as most things that become collectable. Try buying an XY GT for it's value as a car alone and not pay "collector premium". Try buying a Picasso for it's canvas and paint value and not pay for "collector premium". I'm sure we could all come up with other examples where the collector market would pay a ridiculous amount for the item and we would go "that's mad"!!! but that's just the way it becomes. The way to make money is to spot these "collectables" why they are still being sold for the basic price. This is one of the reasons why buying bullion coins has more potential than just normal bars (usually!!). malachii
2 oz mouse sales 9,126 But still more expensive per oz than the 5oz mouse (sales 3,005) I don't quite understand that?
Maybe liquidity or something.. easy to sell lower denominations, easier to stack? People not researching before they buy? I don't understand it either. The 1 and 2oz of everything seem to be the choice buys, maybe lower entry cost.
I am really glad I am holding onto a 1/2 ounce, 1 ounce, 2 ounce, 5 ounce and 10 ounce Rabbits!! Now I am really wondering what it is worth!
Kinda wondering if it is worth selling now or hanging onto for a few years and see if the price rises.
Sell it and buy the snakes...do something you like with the profit...and a few years time, the snakes are worth more again.
They going to be worth top dollar. The mintage of the 5oz and 10oz Rabbit is a lot less than the very popular Tiger. The Rabbits are very popular and the 5oz and 10oz coins are becoming harder to find. 5oz Tiger - 14,553 5oz Rabbit - 8,030 10oz Tiger - 16,727 10oz Rabbit - 12,563 I hold both of these so DYODD. H
"They going to be worth top dollar." An error that some sollectors of numismatics make is the belief that low mintage equals (future) top dollar. There are more factors involved in a coin becoming valuable than just low mintage. Because a coin has a low mintage does not man that it will become a TOP DOLLAR item.
Very true. But when you have a popular design and a low mintage you're on a winner. Everybody loves bunnies! http://www.youtube.com/watch?v=ftoprt080PU
I think those who are holding 5oz and 10oz bunnies are onto a good thing (if you bought them for bullion prices back in the day). If silver becomes more mainstream, and people start looking to perth mint lunars, some/many will want to start collecting entire sets. When I publish a new version of this inc. 5oz and 10oz Dragons (when perth mint release mintage figures), you will see why the Rabbits were a good deal for bullion prices: http://forums.silverstackers.com/message-366574.html#p366574
Thanks for making up that graph Rbaggio, it's a ripper and I look forward to the update. http://forums.silverstackers.com/message-366574.html#p366574 Hopefully Perth will update their mintages page but I won't be holding my breath, they seem to take forever. Also glad you have a few coins at bullion prices. Cheers H
To the OP I have a 2oz ANDA "Perth" Rabbit Proof. These are pretty rare also, if you are looking to add to your collection if this is what you are after. This is a 2011 coloured version. COA # 555 I am in Perth as well can do F2F if you want, offers over $200 if you are interested. Same as this one - http://www.ebay.com.au/itm/2011-2oz...330583150717?pt=AU_Coins2&hash=item4cf84a907d
Last year I wanted all weights of the lunar rabbit, and the 5 ouncer was hardest to come by, after a failed ebay purchase (the seller was suspended due to another scam than my case, though half year later after alot police related talk, he sent me cash in an envelope) I saw one occasion and got it for 213 euro (exclude shipping). The most expensive silver was the 1ouncer, 47 euro. To list 'm all: 0,5 23,49 1 46,99 2 85 5 213 10 437,50 1kilo 932,50 (15 pieces) 10kilo 11000 Total 25793,48 I hope in some future that they'll give me some numismatic 'extra' in terms of purchasing power. I wanted them because I liked the book Watership Down by Richard Adams, nothing to do with birth year.
Geeeeeeezussss! http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&item=321003970642&ssPageName=ADME:B:WNA:AU:1123
Crikey!.......................looks like the bunny has turned into a hare>>>>>>>>>>>Zoooooommmmm 321003970642
