I am considering turning some of my Perth mint bars into dragon coins.Im not to sure on what size yet. 10 oz pm bar $335 10 oz dragon $351 1kg pm bar $1087 1kg dragon $1100 Prices are from BB. So, my question is what sized dragon coin do you think will shine in the future. The 1/2 oz,2 oz,5 oz,10 oz ,1 kg. (EXCLUDING THE 1 OZ COIN AND PROOFS.)
I base what I said on the following: * Premiums over spot currently paid for 2000 bullion Dragons (10oz < 2oz) * The fact that PM are still not producing any 2/5/10oz Dragons * The current ambient temperature on Brisbane's Northside
I also think the smaller the coin the bigger the potential market for resale. There's more people who can and will part with a few hundred for a 2oz than a couple of thousand for a kilo.
Hmmm I just realized that every silver dragon coin's face value is roughly $1 per ounce. Except for the 5 oz with a face value of $8. Why ?