Tracking the 2012 1oz Silver Dragon Secondary Market

party is over mates

 

That was a 1 day auction one other is already over 500 and more than 4 days to go

 

Seems almost better flogging these off on ebay than SS at the moment

 

That was my daughters for $350 she is happy first go at coins. Maybe get hooked . Its off to Spain.

 

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

 

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.

 

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.....

 

what about the proofs?

 

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

 

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?

 

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

 

Worth holding onto your dragons for the long haul, lock them up in the den and hide the key...

 

How much are we thinking the lower spot will affect the 2012 Dragon prices?

 

Seen some selling for $85-$90 with free postage.
Lower spot affecting all markets?

 

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

 

There was an auction here that sold 5 dragons for $65 each. I think it will settle down to $60 or so?

 

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

 

So those people paying $120 for 1 oz dragon are getting ripped?

 

Update.. these are now selling for around $65 on ebay.com.au

The air is leaking out of this bubble fast-styles

1for1

 

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.