Tracking the 2012 1oz Silver Dragon Secondary Market

Discussion in 'Lunar Forum' started by Apollo, Sep 2, 2011.

  1. metal.blacksmiths

    metal.blacksmiths New Member

    Joined:
    Feb 17, 2010
    Messages:
    72
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney
    party is over mates
     
  2. projack

    projack Well-Known Member Silver Stacker

    Joined:
    Aug 12, 2009
    Messages:
    3,214
    Likes Received:
    213
    Trophy Points:
    63
    Location:
    Brisbane
    That was a 1 day auction one other is already over 500 and more than 4 days to go
     
  3. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,151
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    Seems almost better flogging these off on ebay than SS at the moment
     
  4. alexisio

    alexisio New Member Silver Stacker

    Joined:
    Nov 13, 2009
    Messages:
    2,940
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    (Wide Bay) Fraser Coast Qld
    That was my daughters for $350 she is happy first go at coins. Maybe get hooked . Its off to Spain.
     
  5. 940palmtx

    940palmtx New Member

    Joined:
    Aug 28, 2011
    Messages:
    1,208
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Atlanta, Georgia-United States
    Stacking makes sense, collecting? not so much! I don't need to have logic and net bottom lines rule every last iota of my life. There's a little room for passion and fun, which always costs a little extra
     
  6. Ozi

    Ozi Member

    Joined:
    Jun 25, 2011
    Messages:
    172
    Likes Received:
    3
    Trophy Points:
    18
    Location:
    AUSTRALIA
    how much is a fair price for a 1 oz dragon proof on the secondary market?

    I have the option to get some at issue price but I don't want them if they will go down in price after the hype is gone like many of the perth mint 1 oz proofs.
     
  7. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    9,624
    Likes Received:
    2,398
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    the demand was 10 x, so very unlikely to drop below 40, since no more will be produced once the quota is reached. (commenting on BU)

    oops missed out the word proof.....
     
  8. Ozi

    Ozi Member

    Joined:
    Jun 25, 2011
    Messages:
    172
    Likes Received:
    3
    Trophy Points:
    18
    Location:
    AUSTRALIA
    what about the proofs?
     
  9. 940palmtx

    940palmtx New Member

    Joined:
    Aug 28, 2011
    Messages:
    1,208
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Atlanta, Georgia-United States
    I'm no expert by any means, but I'm gonna say the proofs will continue to appreciate. I myself, a man of modest means tries to get RAM Roo proofs for decent prices, though I'm halfway to a complete collection, half are UNC and other half proofs. There are a lot of people who collect only proofs, myself if finances allowed it. The Lunar IIs particularly the dragon and tiger proofs will do well and won't be as affected by spot prices as most. Just an opinion...and I DO know how much they're worth LOL
     
  10. stackeract

    stackeract New Member

    Joined:
    Aug 25, 2011
    Messages:
    284
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Canberra
    I wonder what is going to happen with the dragon prices now that silver is heading back to $20/oz.
    Anyone want to sell me some for $40 while you still get something for them?

    But seriously would you ever sell them for under Perth Mint issue price of ~$50 if silver goes down the drain?
     
  11. 1for1

    1for1 Well-Known Member

    Joined:
    May 3, 2011
    Messages:
    4,096
    Likes Received:
    131
    Trophy Points:
    63
    Location:
    NSW, Australia
    No, no i wouldnt... but dont underestimate other destressed buyers and whose who sell on the onset of any price backwardation.. the weak hands.. dont worry brother.. ill give you pennies on the dollar for that roll 'o 20 1 oz BU dragons!

    1for1
     
  12. Silvermonkey

    Silvermonkey Member

    Joined:
    Jul 30, 2011
    Messages:
    847
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Australia
    Worth holding onto your dragons for the long haul, lock them up in the den and hide the key...
     
  13. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,151
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    How much are we thinking the lower spot will affect the 2012 Dragon prices?
     
  14. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,151
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    Seen some selling for $85-$90 with free postage.
    Lower spot affecting all markets?
     
  15. BIGGRIN

    BIGGRIN Member

    Joined:
    Apr 29, 2011
    Messages:
    210
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    North Pole

    I prefer the sock draw - odours will scare off anyone.
     
  16. Lunartic

    Lunartic Member Silver Stacker

    Joined:
    Mar 8, 2011
    Messages:
    643
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Melbourne
    There was an auction here that sold 5 dragons for $65 each. I think it will settle down to $60 or so?
     
  17. 1for1

    1for1 Well-Known Member

    Joined:
    May 3, 2011
    Messages:
    4,096
    Likes Received:
    131
    Trophy Points:
    63
    Location:
    NSW, Australia
    Sure but that auction's duration was such that most only noticed it once it had finished. In order to guage the real value youd need to give an auction a week to allow for all potential interest bidders to have knowledge that the auction was in fact taking place, esp in the SS buy/sell/trade as our forum is limited to the number users - when you do a 24 hour auction or less its possible the auction can go under the radar which is what i believe has essentially happend with your $65 each auction.

    1for1
     
  18. madaccord

    madaccord New Member

    Joined:
    Sep 24, 2011
    Messages:
    8
    Likes Received:
    0
    Trophy Points:
    0
    So those people paying $120 for 1 oz dragon are getting ripped?
     
  19. 1for1

    1for1 Well-Known Member

    Joined:
    May 3, 2011
    Messages:
    4,096
    Likes Received:
    131
    Trophy Points:
    63
    Location:
    NSW, Australia
    Update.. these are now selling for around $65 on ebay.com.au

    The air is leaking out of this bubble fast-styles

    1for1
     
  20. Anthony

    Anthony New Member

    Joined:
    Aug 25, 2011
    Messages:
    312
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney
    Nah, similar story to here. 4 went for $65 but they were all listed yesterday on 24hr auctions by the same seller.

    Next lot are at $85.
     

Share This Page