LBC Modern Chinese coin investments LIST #105

Discussion in 'Modern Chinese Coins & Medallions' started by tamo42, Nov 17, 2011.

  1. tamo42

    tamo42 New Member

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    Continue reading at http://www.livebusinesschat.com/smf/index.php?topic=4835.0
     
  2. fishball

    fishball New Member Silver Stacker

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    Thanks for the read.

    Hell yeah :D

    And...

    Exactly the same situation as me... not sure why he hasn't bought any but I think they're overpriced at the moment and the growth potential is slightly limited compared to other coins. Also, for the Perth Mint dragons they were extremely overpriced in the short term (~$150/oz) before consolidating around ($60-65). We might see a same situation here so I'm hoping the plum blossom consolidates to around $200 before buying :).
     
  3. tamo42

    tamo42 New Member

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    badon says he has been buying the dragon & phoenix coins instead of the straight dragons.

    I'm not sure if you'll see the drop you're looking for in the plum flowers, but you probably will in the rounds.
     

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