Opinions: Full Krug with 1 oz Lunar Series 2 - Fair Trade?

If I offer a full krugerrand (1978) and ask for 1 oz AU PM lunar series 2 (maybe Dragon or Tiger), would this be a fair trade?

 

Sorry Alex, I don't think there's going to be a lot of people interested in a Krug for Lunar trade. Especially a Dragon or Tiger.

 

Ouch that's no where near fair in my opinion

 

Thanks for the replies.

I assume that means that I have to pay extra for the PM coins. In that case, what would be a fair premium to pay on top of the coin exchange?

I'm asking because I saw BullionMark selling Krugs for higher price than PM 1 oz Kangaroo. Since PM sell both Kangaroo and Lunar coins at the same price, I thought it would be a fair trade. Happy to be informed on this matter.

 

A Krug and Kangaroo would be a fair trade.
Only reason a krug is more expensive is the GST component because it's .917 fine gold.

 

I see, Lunars over Kangaroos any time (just like Lunars over Koalas for silver).

Cheers for the GST knowledge.

 

With the exception of the dragon mania, lunars over pretty much everything else for silver.

 

Great question, and great answers !!!

 

This is normally the case but not at the moment. PM are selling 1oz roos but the 1oz dragon is sold out, so you cannot buy it from the PM, and sells for more than the roo is the secondary market.
Earlier years sell for whatever they sell for, depending on demand.

Somebody _might_ be interested to trade a 1oz rabbit, but I don't think you'll get a tiger.

 

I just checked the PM bullion mintage limit for gold.

1 Oz AU lunar has a 30,000 limit, while the Roo has a 350,000 limit. No wonder lunars are highly prized.

 

The ATO are wrong wrong wrong to charge GST on kruggers. Bullion is gst exempt however the bullion coin that is the standard isn't exempt? And what about sovereigns? Still legal tender but has gst?


I'd kick up a fuss but I do fear that gold and silver will be subject to gst in the future