"out of stock" on most australia silver bullion coins

Discussion in 'Silver Coins' started by 1for1, Oct 13, 2011.

  1. 1for1

    1for1 Well-Known Member

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    Im calling it, there seems to be a severe shortage of any bullion grade silver availability, im getting the "out of stock" on most small silver bullion coins im looking at in australia with the 2012 kookaburra the exception - how long will it last?.

    Still available are buffalos, ASE's and Maples (never ending - actually i remember eagle shortages in 08)

    Just the OverSeas coins seem to be in stock.. After the kookaburras run dry it will be slim pickings id imagine. I hear many optimistic posters talking about the 2nd round of 1/2oz, 2oz, & 5oz Lunar Dragons but id say its far from assured given the wait on round one.. (im yet to receive my 1/2, 2, 5)).

    1for1
     
    1for1, Oct 13, 2011
    #1
  2. fishball

    fishball New Member Silver Stacker

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    Agreed... there's 1-2 months delay on PM coins everywhere :(

    iSad
     
    fishball, Oct 13, 2011
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  3. alor

    alor Well-Known Member Silver Stacker

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    delay delay delay, 2 weeks becomes one month

    http://straightsilver.com/store/

    also 30 days.. :eek:
     
    alor, Oct 13, 2011
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  4. Lovey80

    Lovey80 Well-Known Member

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    Hmmm it seems that Perth Mint's "extra" capacity is used up already. Offline for a while on a number of products while they install them and sill huge delays.
     
    Lovey80, Oct 13, 2011
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  5. alor

    alor Well-Known Member Silver Stacker

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    it CAN ONLY GET WORSE, just look at the prices, more DISCOUNT !!!
     
    alor, Oct 13, 2011
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  6. alor

    alor Well-Known Member Silver Stacker

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    http://news.coinupdate.com/perth-mint-cuts-prices-for-silver-numismatic-products-1004/

    Perth Mint Cuts Prices for Silver Numismatic Products
    October 18, 2011 By Michael Zielinski 1 Comment

    Following the recent sharp decline in the spot price of silver, the Perth Mint of Australia has reduced prices for a variety of silver numismatic products. As recently as one month ago, the market price of silver was above $40 per ounce, compared to the current price around $32 per ounce.

    At least one other world mint has also responded to the drop in silver by reducing prices for numismatic products. On October 7, 2011, the United States Mint reduced prices for their numismatic one ounce American Silver Eagles and five ounce America the Beautiful Silver Coins. The US Mint's price reductions were $9.50 for the one ounce coins and $50 for the five ounce coins. On a percentage basis, the reductions ranged from 13.88% to 17.86%.
     
    alor, Oct 20, 2011
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  7. hiho

    hiho Active Member Silver Stacker

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    apparently its kooks only for two more weeks, only 70000 left to mint!
     
    hiho, Oct 20, 2011
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  8. knowles3

    knowles3 Member

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    the 2012 kook is overrated, a step down from 2011 i believe
     
    knowles3, Oct 22, 2011
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  9. Arsenal

    Arsenal New Member

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    After seeing the coin in the flesh I actually prefer the 2012 Kook. Plus I reckon it will benefit from dragon mania in terms of people buying it out as they can't buy the 1oz dragons.
     
    Arsenal, Oct 22, 2011
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