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  1. bennybbc

    Kook's are now $24.50

    Yeah, same with the s2 mice and ox, they dropped $20+ per coin overnight, absolute disgrace
  2. bennybbc

    Kook's are now $24.50

    It’s a real shame but they already destroyed a lot of the long term loyalty they had when they stole value from their long term customers by re-minting a whole bunch of old kooks and lunars. That’s why they’re all so cheap now, no one’s prepared to pay the same premiums they used to on kooks and...
  3. bennybbc

    Kook's are now $24.50

    Diehard Stackers and collectors will always be around. Kooks and Lunars are cheap now because the Perth Mint lost credibility with collectors in 2012 when the numismatic value of their kook and lunar collections was destroyed through greed and questionable minting policies from the PM. Times...
  4. bennybbc

    What percentage of your portfolio is in metals?

    No me mate! Just running the percentages
  5. bennybbc

    New Dragon - Privy Mark

    I can't speak for anyone else but when the Perth Mint released the privy dragon I stopped buying their products. I used to get a few mates together and put in a combined order with a wholesaler to split up amongst us. We did this 3-4 times a year until we got backdoored by the privys and...
  6. bennybbc

    2012 kook rolls, value?

    Just wondering what the current market value is on a roll of 2012 1oz kooks?
  7. bennybbc

    Casey Stoner retires end of 2012

    I'm going to throw a wild guess out there and say Stoner has signed with Nissan to race V8 supercars.
  8. bennybbc

    2013 Australian Silver Kookaburra mintage increased to 1 million

    Yep. I find it amusing that most of the unlimited coins don't come close to 1 million, yet here we are with a mintage limit of 1mil on the kook.If the Kook is the standard 1oz bullion coin, whats the Koala's job? It's just shifting sands, with the PM going for an easy kill. I agree it will...
  9. bennybbc

    Value of damaged Perth Mint offerings

    Just out of interest what would you value these at with damaged capsules, fingerprints and light scratching on Lizzie's head - S2 5oz mouse S2 5oz Ox S2 5oz Tiger S2 5oz Dragon All the same due to damage? Or you would pay slightly more for the coins that are commanding a high premium just...
  10. bennybbc

    2012 Perth Mint High Relief Dragon sold for less than issue price.

    I'll watch the 5oz proof dragon closely. I think most of the $100 plus per ounce dragons will be a flop. Easy money for the mint but too much of a good thing. Let's use the 5oz proof as an example - 5000 x 5oz = 25'000oz's x $29.50 = $737'500 worth of silver at current spot. 5000 x $495 =...
  11. bennybbc

    Silver is not a good investment anymore

    It all depends on when you buy, what you buy and when you sell. Let's say we have 100k at beginning of 2010 to invest. @6% over 2.5years your return would be a bit over $15k. Now let's say you invested 100k in silver. $50k in Perth mint lunars and $50k in Pandas. Obviously the sliver investment...
  12. bennybbc

    1999 Kookaburra - First Five State - Honor Mark Collection

    I think it looks good, but agree that an Amercian collector would be the target market. 2 reasons I wouldn't pay a premium for it- 1 - Its not relevant to my local market 2 - Being a Peth Mint product the premium is capped. As they have proven on many occasions, once one of their products...
  13. bennybbc

    Midnight to 6am - Overnight Spot Watchers Spot...

    4000 Poo 4001
  14. bennybbc

    Feelgoods

    A while ago I picked up a coin for a mate he had purchased off eBay. Turns out it was part of a deceased estate and the guy was helping get rid of it. They had no idea of values and were fed up with ebay, stupid questions and tire kickers. Spot was around $32 so I offered $35/oz across the...
  15. bennybbc

    Bargain... much! Down to X20 "20 x 1992 1oz silver kookaburra coin"

    Agree, but what market does the 1oz bullion privy dragon appeal to? Only people that want a Perth mint 1oz dragon are going to buy them. Not everyone buying dragons is trying to complete a set. Im sure there are plenty just buying key years or the lunar of thier own birth year. For these people...
  16. bennybbc

    Bargain... much! Down to X20 "20 x 1992 1oz silver kookaburra coin"

    Ironic you should use the phrase "selling out"! Yes the Dragon privy sold out and all the re-minted kooks will also sell out. Why wouldnt you buy them at bullion prices if you like kooks? I purchased re-minted mouse. That's not the issue. Even at 500'000, it's not a lot of dragons but it's still...
  17. bennybbc

    Bargain... much! Down to X20 "20 x 1992 1oz silver kookaburra coin"

    My biggest mistake was assuming they would do the right thing. Assumptions can be costly, remember the assumptions made about the clown fish? :D
  18. bennybbc

    Bargain... much! Down to X20 "20 x 1992 1oz silver kookaburra coin"

    I couldn't agree less. It's because I expected spot price to be unpredictable that I invested in kooks and lunars in the 1st place - as a hedge against falling spot prices. I did my homework on the performance of these coins, I weighed up my options and decided to go long. I did factor in a fall...
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