Now 300k Rabbits reached, will the Mint "do the dirty" on past Lunars?

300,000 Lunar Rabbits reached, now closed. Presumably 2oz etc will now be pumped out.

But will the mint do the dirty and strike the 2008 Mouse, 2009 Ox and 2010 Tigers up to their 300,000 mintage limits?

The 2008 Mouse for example already carries a numismatic premium over the other lunars..... but not for long if the mint were to pump out another 100,000 or so !

Any hints from "insiders" as to the mints thinking??? :/

 

They have every right to mint up to 300.000 of every year, until the series is finished. This is known from the start.

 

Mint will strike Rat, Ox and Tiger up to 300.000 as soon as any dealer will order them.

I must be invisible.

 

This is classic reason why I am not a numismatic investor though. Jumping the gun on assumptions aside, the very risk of these sorts of things has me opting to avoid premium bullion coins after year of issue for 'collections'.

If I had to shell out 10x the bullion value for a mouse only to have this happen, I'd be pretty pissed.

The only exception is the 1937 Crown for me, which has a tiny premium anyway and safe to say won't be going back into mass production in the foreseeable future.

I still stack lunars though at the same cost as kooks/koalas as you're getting the collectable premium for free.

Imagine if they decided to pump out a few thousand more Redbacks to ease demand or spike a little more profit?

It's these sorts of considerations that have me always thinking about these things and what's 'not possible' today, might be quite economically feasible under a different climate tomorrow.

Want the safest metal investment?



No panic over premiums here, 100% of the value locked into the metal itself.

 

Also 100% locked into CGT, not so with certain coins.

 

What CGT? What bullion? Oh THAT bullion... yeah... boating accident... terrible business that. *looks sheepish*

 

Here in EU colored lunars go for less then ordinary ones. Nobody likes them. Why would anybody put paint on silver? I'll never understand it.

 

I remember when the Perth Mint flooded EU with coloured Ox - for next to nix.

 

I also cant see the appeal in the coloured coins. At all.

 

They already hit the limit on 1oz Tigers last year. No idea what they did on the Mouse and Ox, but it would be nice if they did a running total of what they're up to with them.

 

I thought GP the Perth Mint says 170,000 is the maximum they will mint a 1oz coloured lunar? At least thats what it says on the COA that comes with the 3,800 limited boxed coloured lunars.

 

Interesting that apmex still has dragons and ox on their site. I'd of thought they would have all gone by now.

 

I'm getting 111 for the 1oz dragon and over a 1000 for the ox? Price is $40.89 and 33.88? Maybe buy backs though the ox would seem to be a lot for just buybacks.

 

I thought we were talking about the second series.