Perth Mint late night again?

Discussion in 'Lunar Forum' started by stackeract, Apr 2, 2012.

  1. Matthew 26:14

    Matthew 26:14 New Member

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    ^^ Agreed. Unless you think a coin will double in value over about 2-3 years, its not worth it. At $1,000 a set, I dont see this set being $2,000 in a couple of years.
     
  2. Cimexus

    Cimexus Member

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    Just a question: I see that the 10 coin coloured set being released today contains 9 coloured coins, and one "traditional bullion finish"

    Are the plain bullion coins in these kind of sets identical to the standard BU dragons released on 1 September last year? If so, I assume they are NOT included in the stated 300,000 mintage. In which case the true mintage of 1 oz BU Lunars slightly exceeds 300k, no?

    (Of course in the real world, no-one is going to bother removing the plain bullion coins from the sets and selling them separately, but still...)
     
  3. ironwood

    ironwood Active Member Silver Stacker

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    IMHO I feel we were duped by this set being released. I place more emphasis(value) on the China set just because I have one and out of spite. I personally don't see the 10 coin set selling well. But who am I? These should have been released in Australia for Aussies simultaneously.
     
  4. heartastack

    heartastack Well-Known Member Silver Stacker

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    Seems like a nice set to have, but not to invest in.... You'd do better holding the same value in bullion dragons after a year or two easy.
     
  5. waievolution

    waievolution New Member

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    well its unavailable on pm website for now.....
     
  6. Matthew 26:14

    Matthew 26:14 New Member

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    I think you will find that the Mint's reply would be that they withheld from sale 2,500 bullion coins and thus sold 297,500 to date and these 2,500 coins are the remainder of the 300k mintage.
     
  7. asdfghjkl32

    asdfghjkl32 Member

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    No... According to thee Perth mint official blog.... All coins in the set are on top of the 300k mintage.
     
  8. Matthew 26:14

    Matthew 26:14 New Member

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    Well well well.... really? 300,000 PLUS 2,500? Shameful if thats the case.
     
  9. Ghost Story

    Ghost Story Active Member

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    + typesets
     
  10. Cimexus

    Cimexus Member

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    Yeah, plus typesets as pointed out above. I agree that this is a poor move and some might say deceptive. They should distinguish the 'extra' BU coins from the standard release in some way, with a different mint mark or privy or something, IMO.
     
  11. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    There shouldn't be any extra BU coins. If they know they are going to need 2500 to add to a set then they should set aside that number of coins from the 300,000 or state the full mintage as 325,000.

    Anything else would be deceptive.
     
  12. stackeract

    stackeract New Member

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    That's how they always do it, mintage is restricted by set.
    For example for the coloured coins, the Chinese 9-coin set has a mintage of 20000, then there is another Chinese set with a mintage of 5000, now the Australian ten-coin set with 2500 mintage. If they want, they can just as well issue any possible subset of the ten-coin set with a mintage of 2500 and make more coloured dragon coins then there is silver in the world...
     

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