Series 1 & 2 1oz Lunar Current Price Approximation

Discussion in 'Lunar Forum' started by justin536, Apr 21, 2016.

  1. bigsky

    bigsky Active Member Silver Stacker

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    So we can agree....the 2015 kooks ARE sold out at the mint

    My understanding is the 2016 kooks ARE also sold out at the mint.
    The figures have not been updated since March, so they have sold the
    remaining 250k in the last 6 months or so.


    I am having difficulty understanding your point regarding the S2 1oz silver OX

    Are you saying that the mintage was only 60k when the full 300k were sold?


    In general the 1oz silver coin is the highest mintage of most series worldwide
    where there are multiple denominations and sizes the 1oz usually wins hands down

    Yes the silver lunar series is 1oz is limited to 300k each and other sizes are not,
    there is controlled supply of the 1oz non-privy variety, which is the coin that
    is the most popular....this is all a given

    The question related to the S2 one ounce lunars, as to why the oxen is the dearest
    and hardest to find, or as some call the key coin, when all s2 1oz have the same mintage


    As I tried to say, my theory is because up until the tiger, It was harder and more expensive
    to buy PM lunar products, either direct from the PM or through dealers or coins shops here
    in Australia. It was only with the start of bulk on-line sales that the mint premiums were
    reduced, hence more were stacked in bulk and then flipped, and thus released to secondary
    markets moreso in Australia

    That is probably why all S1 have such low mintages, the premium charged by the PM where
    quite a lot bigger than what you pay now through most on-line dealers.

    The lunar series seemed to be most fashionable in europe and quite hot there, really more
    than anywhere else at the time of the Ox's release, so most of these I understand found their
    ways to Europe, especially Germany. Where these are now, I dont know, but these do seem
    harder to find and generally have a bigger premium on the secondary market. So seem to
    be held by strong hands, does one party have a huge number of Oxen, or are they spread out
    more evenly. I dont know the answer, but there could be someone with a whole lot of these and
    holding them tight, making them harder to source on the secondary market, or maybe they
    sold lots of single coins to collectors who in general dont flip as much...as I said, I dont know

    The S2 mouse would have had a bigger premium, except for the remint that allowed many
    stackers here to buy boxes of them at premiums of around $5 per coin, when the secondary
    market premiums where many times that. It killed the secondary market premiums and they
    will never get back to where they would have been.

    All markets are about supply and demand, its a simple given


    At present there is more demand for Oxen than there is supply, is it demand or supply driven,
    I would say probably supply driven, the reason the tiger is the second dearest is probably
    demand driven, it is a cool looking coin and good lunar year


    cheers grant
     
  2. aussiewebking

    aussiewebking Active Member Silver Stacker

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    Are these prices still correct? or slightly higher now spot has moved up slightly since April

    im thinking 15% higher? does that sound right?
     
  3. black5wan

    black5wan Active Member Silver Stacker

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    Spot moved up by 5$ per oz, or 100$ a roll.

     
  4. TasmaniaChrismy

    TasmaniaChrismy Member

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    Dear all, may I know the current fair price of a 1oz Tiger bullion for Series ONE ?

    Thx in advance.
     
  5. dragafem

    dragafem Well-Known Member Silver Stacker

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    could be anywhere between $70-100
     
  6. justin536

    justin536 Member

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    Any updates on 1oz

    Series 1:
    Dragon
    Horse
    Goat
    Roosters
    Pig
    Dog
    Mouse
    Ox

    Series 2:
    Mouse
    Tigers
    Ox
    Dragon
    Rabbit
    Horse
     
  7. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    S1 Mouse - just SOLD for a mere $1551AUD on fleeBay
    S1 Ox - also SOLD for a mere $650AUD on fleeBay
    S1 Tiger - also SOLD for a mere $650AUD on fleeBay
     
    Last edited: May 4, 2018
  8. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    S1 2007/2010 Tiger BU coin for this price... where do you get this one that cheap?
     

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