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

Discussion in 'Gold Coins' started by Scrubs, May 23, 2020.

  1. Scrubs

    Scrubs Member

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    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?
     

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  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    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
     
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  3. Scrubs

    Scrubs Member

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    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.
     
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  4. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Well done, Holdfast as usual :)
     
  5. Lucky

    Lucky Active Member

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    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!!
     
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  6. Scrubs

    Scrubs Member

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    Ended up pulling the trigger and getting one of these coins. Can't wait for it to arrive :)
     
  7. Silverling

    Silverling Well-Known Member Silver Stacker

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    Hi @Scrubs , can you tell me how much postage and insurance was for this coin from the Perth Mint? Or if you bought it elsewhere can you pass on the link please, thank you. By the way I think it looks great.:)
     
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  8. Karoi

    Karoi Active Member

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    Nice! I also ordered one today :D
     
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  9. Scrubs

    Scrubs Member

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    @Silverling
    I got it from the Perth Mint and Postage was $17.50 and Insurance was 1% (Includes GST). Total cost of around $46-7ish

    Hope that helps!
     
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