Thoughts on the Perth Mint 2020 Double Dragon 1 oz Gold Coin

Discussion in 'Gold Coins' started by Scrubs, May 23, 2020 at 9:30 AM.

  1. Scrubs

    Scrubs New Member

    Joined:
    Saturday
    Messages:
    5
    Likes Received:
    6
    Trophy Points:
    3
    Hey everyone,

    Just wondering what people's thoughts are on the Perth Mint 2020 Double Dragon Coin?

    Also is the price that Perth Mint are selling them for reasonable?
     

    Attached Files:

  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    9,439
    Likes Received:
    690
    Trophy Points:
    113
    Location:
    Australia
    Closing price for spot gold was about $2655 Australian Dollars (AUD)
    The 2020 Double Dragon 1oz Gold Bullion Coin is currently out of stock, but the list price on their website indicates $2794 AUD

    Premium is $139AUD
    Then you have to add $17.50 for postage as pick-up is not available and, you may want to add insurance.

    They have a very low mintage of only 5,000 coins but low mintage doesn't necessarily mean collectors will flock to the coin but they have.

    Having said that, in the current series all three coins are doing well; the 2018 Dragon & Phoenix 1oz 99.99% Gold Bu Coin had a mintage of $5000 coins and sold-out.
    https://www.perthmint.com/documents/Mintages/Bullion/2018 Perth Mint Bullion Other Sales 311218.pdf

    The 2019 Dragon & Tiger 1oz Gold Bullion Coin also had a mintage of 5,000 coins.
    Official mintage should be out soon.


    There's no bad gold coins, only good gold coins and better gold coins.

    Have a look at these mintage figures to see what sells.
    https://www.perthmint.com/investment-bullion-bars-and-coins-mintages.aspx
     
    Scrubs, Lucky, silverhair and 2 others like this.
  3. Scrubs

    Scrubs New Member

    Joined:
    Saturday
    Messages:
    5
    Likes Received:
    6
    Trophy Points:
    3
    Sweet! Thanks for the mintage information to see what's selling. Interesting stuff.

    Yeah I've seen the 2020 Double Dragon on the Perth Mint website over the past week or so become available for purchase on a few days but sells out of current stock pretty quickly. I was interested in picking one of these up as I love the design and series. Prefer it over the lunar series personally. Just gotta work out what I'm willing to pay over spot price for gold!

    No bad gold coins, haha love that.
     
    Holdfast likes this.
  4. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

    Joined:
    Oct 19, 2011
    Messages:
    4,025
    Likes Received:
    64
    Trophy Points:
    48
    Location:
    Land of Nineth Dragon
    Well done, Holdfast as usual :)
     
  5. Lucky

    Lucky Active Member

    Joined:
    May 27, 2011
    Messages:
    307
    Likes Received:
    36
    Trophy Points:
    28
    Location:
    Perth Western Australia
    Just had a look at this coin and damn it looks sweet!
    I’m sure the physical coin with that design would look amazing. Don’t care much for the aged woman on the reverse but those dragons looking good!
    I’d buy it!!
     
    Scrubs likes this.
  6. Scrubs

    Scrubs New Member

    Joined:
    Saturday
    Messages:
    5
    Likes Received:
    6
    Trophy Points:
    3
    Ended up pulling the trigger and getting one of these coins. Can't wait for it to arrive :)
     
    Karoi and Lucky like this.

Share This Page